The Middleby Corporation Company Profile (NASDAQ:MIDD)

About The Middleby Corporation (NASDAQ:MIDD)

The Middleby Corporation logoThe Middleby Corporation is engaged in the design, manufacture and sale of commercial foodservice, food processing equipment and residential kitchen equipment. The Company operates in three segments: the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. It is also engaged in the design, manufacture, marketing, distribution and service of a range of foodservice equipment used in commercial restaurants and institutional kitchens; food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and kitchen equipment, including ranges, ovens, refrigerators, ventilation and dishwashers used in the residential market. It manufactured and assembled the equipment at 28 facilities in the United States, and 23 international manufacturing facilities as of December 31, 2016. Its brands include Anets, Beech, Blodgett, Blodgett Combi, Stewart Systems, Mercury, Rangemaster, Rayburn and Redfyre.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Appliances, Tools & Housewares
  • Sub-Industry: Industrial Machinery
  • Symbol: NASDAQ:MIDD
  • CUSIP: 59627810
  • Web:
  • Market Cap: $6.74 billion
  • Outstanding Shares: 57,611,000
Average Prices:
  • 50 Day Moving Avg: $123.21
  • 200 Day Moving Avg: $127.25
  • 52 Week Range: $108.45 - $150.87
  • Trailing P/E Ratio: 22.68
  • Foreward P/E Ratio: 18.76
  • P/E Growth: 2.56
Sales & Book Value:
  • Annual Revenue: $2.28 billion
  • Price / Sales: 2.96
  • Book Value: $24.78 per share
  • Price / Book: 4.72
  • EBITDA: $535.17 million
  • Net Margins: 13.38%
  • Return on Equity: 23.05%
  • Return on Assets: 10.38%
  • Debt-to-Equity Ratio: 0.56%
  • Current Ratio: 1.99%
  • Quick Ratio: 1.04%
  • Average Volume: 495,291 shs.
  • Beta: 1.82
  • Short Ratio: 6.81

Frequently Asked Questions for The Middleby Corporation (NASDAQ:MIDD)

What is The Middleby Corporation's stock symbol?

The Middleby Corporation trades on the NASDAQ under the ticker symbol "MIDD."

When did The Middleby Corporation's stock split? How did The Middleby Corporation's stock split work?

The Middleby Corporation shares split on the morning of Friday, June 27th 2014. The 3-1 split was announced on Friday, May 30th 2014. The newly created shares were issued to shareholders after the market closes on Thursday, June 26th 2014. An investor that had 100 shares of The Middleby Corporation stock prior to the split would have 300 shares after the split.

How were The Middleby Corporation's earnings last quarter?

The Middleby Corporation (NASDAQ:MIDD) released its quarterly earnings results on Wednesday, August, 9th. The company reported $1.39 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.01. The firm earned $579.34 million during the quarter, compared to analyst estimates of $587.49 million. The Middleby Corporation had a net margin of 13.38% and a return on equity of 23.05%. View The Middleby Corporation's Earnings History.

When will The Middleby Corporation make its next earnings announcement?

The Middleby Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 14th 2017. View Earnings Estimates for The Middleby Corporation.

Where is The Middleby Corporation's stock going? Where will The Middleby Corporation's stock price be in 2017?

8 brokers have issued 1 year price targets for The Middleby Corporation's stock. Their forecasts range from $128.00 to $157.00. On average, they expect The Middleby Corporation's stock price to reach $142.57 in the next year. View Analyst Ratings for The Middleby Corporation.

Who are some of The Middleby Corporation's key competitors?

Who are The Middleby Corporation's key executives?

The Middleby Corporation's management team includes the folowing people:

  • Selim A. Bassoul, Chairman of the Board, President, Chief Executive Officer
  • Timothy J. Fitzgerald, Chief Financial Officer, Vice President
  • Martin M. Lindsay, Corporate Treasurer, Assistant Secretary
  • David Brewer, Chief Operating Officer - Commercial Foodservice Equipment Group
  • Gordon J. O'Brien, Lead Independent Director
  • Sarah Palisi Chapin, Independent Director
  • Robert Boyden Lamb, Independent Director
  • Cathy L. McCarthy, Independent Director
  • John R. Miller III, Independent Director

Who owns The Middleby Corporation stock?

The Middleby Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Strs Ohio (0.82%), Alta Capital Management LLC (0.64%), Nationwide Fund Advisors (0.44%), Mountain Pacific Investment Advisers Inc. ID (0.21%), Handelsinvest Investeringsforvaltning (0.13%) and Arcadia Investment Management Corp MI (0.07%). Company insiders that own The Middleby Corporation stock include Gordon Obrien, John R Miller III, Martin M Lindsay, Philip G Putnam and Robert B Lamb. View Institutional Ownership Trends for The Middleby Corporation.

Who sold The Middleby Corporation stock? Who is selling The Middleby Corporation stock?

The Middleby Corporation's stock was sold by a variety of institutional investors in the last quarter, including Trellus Management Company LLC, Nationwide Fund Advisors, Handelsinvest Investeringsforvaltning, Weybosset Research & Management LLC, Eqis Capital Management Inc. and Tributary Capital Management LLC. Company insiders that have sold The Middleby Corporation stock in the last year include Gordon Obrien, John R Miller III, Martin M Lindsay, Philip G Putnam and Robert B Lamb. View Insider Buying and Selling for The Middleby Corporation.

Who bought The Middleby Corporation stock? Who is buying The Middleby Corporation stock?

The Middleby Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio, Mountain Pacific Investment Advisers Inc. ID, Fulton Bank N.A., Alta Capital Management LLC, Honkamp Krueger Financial Services Inc. and Arcadia Investment Management Corp MI. View Insider Buying and Selling for The Middleby Corporation.

How do I buy The Middleby Corporation stock?

Shares of The Middleby Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is The Middleby Corporation's stock price today?

One share of The Middleby Corporation stock can currently be purchased for approximately $117.05.

MarketBeat Community Rating for The Middleby Corporation (NASDAQ MIDD)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  101 (Vote Outperform)
Underperform Votes:  146 (Vote Underperform)
Total Votes:  247
MarketBeat's community ratings are surveys of what our community members think about The Middleby Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for The Middleby Corporation (NASDAQ:MIDD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $142.57 (21.80% upside)
Consensus Price Target History for The Middleby Corporation (NASDAQ:MIDD)
Price Target History for The Middleby Corporation (NASDAQ:MIDD)
Analysts' Ratings History for The Middleby Corporation (NASDAQ:MIDD)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/27/2017Susquehanna Bancshares IncInitiated CoveragePositive -> Positive$141.00MediumView Rating Details
9/7/2017Citigroup Inc.Reiterated RatingNeutral$130.00LowView Rating Details
8/15/2017MacquarieUpgradeNeutral -> Outperform$150.00LowView Rating Details
8/11/2017Robert W. BairdLower Price TargetOutperform$145.00 -> $142.00LowView Rating Details
8/11/2017BMO Capital MarketsReiterated RatingBuy$150.00MediumView Rating Details
7/11/2017Wellington ShieldsUpgradeHold -> Gradually AccumulateLowView Rating Details
6/29/2017Seaport Global SecuritiesInitiated CoverageNeutral$128.00LowView Rating Details
2/13/2017KeyCorpInitiated CoverageOverweight$157.00N/AView Rating Details
1/4/2017William BlairReiterated RatingMarket PerformN/AView Rating Details
9/6/2016Deutsche Bank AGInitiated CoverageHold$123.00N/AView Rating Details
1/14/2016Roth CapitalReiterated RatingBuyN/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for The Middleby Corporation (NASDAQ:MIDD)
Earnings by Quarter for The Middleby Corporation (NASDAQ:MIDD)
Earnings History by Quarter for The Middleby Corporation (NASDAQ MIDD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/9/2017Q2 2017$1.38$1.39$587.49 million$579.34 millionViewListenView Earnings Details
5/9/2017Q1 2017$1.14$1.26$542.50 million$530.30 millionViewListenView Earnings Details
2/28/2017Q4 2016$1.27$1.41$578.84 million$596.80 millionViewN/AView Earnings Details
11/8/2016Q3$1.26$1.34$597.58 million$574.22 millionViewListenView Earnings Details
5/11/2016Q116$0.84$0.96$515.56 million$516.36 millionViewListenView Earnings Details
3/1/2016Q4$0.97$0.88$544.90 million$534.70 millionViewListenView Earnings Details
11/10/2015Q315$1.06$0.86$451.25 million$449.00 millionViewListenView Earnings Details
8/12/2015Q2$1.00$1.02$466.13 million$436.30 millionViewListenView Earnings Details
5/13/2015Q115$0.71$0.80$413.76 million$406.60 millionViewListenView Earnings Details
11/5/2014Q314$0.86$1.05$411.40 million$404.29 millionViewListenView Earnings Details
8/6/2014Q214$0.75$0.85$407.98 million$424.78 millionViewListenView Earnings Details
11/6/2013Q313$1.97$2.18$348.65 million$360.01 millionViewListenView Earnings Details
8/8/2013Q2 2013$1.78$2.00$349.92 million$363.80 millionViewListenView Earnings Details
2/26/2013Q4 2012$1.80$2.03$283.52 million$291.61 millionViewListenView Earnings Details
11/6/2012Q312$1.53$1.60$257.38 million$257.70 millionViewN/AView Earnings Details
8/8/2012$1.44$1.67ViewN/AView Earnings Details
3/9/2012$1.29$1.87ViewN/AView Earnings Details
11/8/2011$1.19$1.26ViewN/AView Earnings Details
5/12/2011$0.97$0.97ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for The Middleby Corporation (NASDAQ:MIDD)
2017 EPS Consensus Estimate: $5.45
2018 EPS Consensus Estimate: $5.95
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$1.13$1.14$1.14
Q2 20173$1.36$1.40$1.38
Q3 20173$1.39$1.42$1.41
Q4 20173$1.51$1.55$1.53
Q1 20181$1.24$1.24$1.24
Q2 20181$1.50$1.50$1.50
Q3 20181$1.59$1.59$1.59
Q4 20181$1.62$1.62$1.62
(Data provided by Zacks Investment Research)


Dividend History for The Middleby Corporation (NASDAQ:MIDD)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for The Middleby Corporation (NASDAQ:MIDD)
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 95.21%
Insider Trades by Quarter for The Middleby Corporation (NASDAQ:MIDD)
Institutional Ownership by Quarter for The Middleby Corporation (NASDAQ:MIDD)
Insider Trades by Quarter for The Middleby Corporation (NASDAQ:MIDD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2017Gordon ObrienDirectorSell5,600$121.41$679,896.00View SEC Filing  
8/28/2017John R Miller IIIDirectorSell8,500$118.50$1,007,250.00View SEC Filing  
3/8/2017Martin M LindsayTreasurerSell10,000$139.36$1,393,600.00View SEC Filing  
3/8/2017Robert B LambDirectorSell2,199$139.42$306,584.58View SEC Filing  
3/6/2017Martin M LindsayTreasurerSell5,000$139.41$697,050.00View SEC Filing  
12/12/2016Philip G PutnamDirectorSell2,500$139.58$348,950.00View SEC Filing  
11/23/2016Robert B LambDirectorSell3,422$135.83$464,810.26View SEC Filing  
3/18/2016Gordon ObrienDirectorSell10,500$102.70$1,078,350.00View SEC Filing  
3/11/2016John R Miller IIIDirectorSell10,000$102.51$1,025,100.00View SEC Filing  
3/7/2016John R Miller IIIDirectorSell10,000$101.11$1,011,100.00View SEC Filing  
5/21/2015Selim A BassoulCEOSell10,000$111.73$1,117,300.00View SEC Filing  
5/20/2015Selim A BassoulCEOSell5,337$109.70$585,468.90View SEC Filing  
2/25/2015Selim A BassoulCEOSell8,340$109.40$912,396.00View SEC Filing  
2/18/2015Selim A BassoulCEOSell4,567$104.82$478,712.94View SEC Filing  
2/13/2015Selim A BassoulCEOSell36,281$105.05$3,811,319.05View SEC Filing  
2/12/2015Selim A BassoulCEOSell21,281$103.22$2,196,624.82View SEC Filing  
2/11/2015Selim A BassoulCEOSell44,290$101.89$4,512,708.10View SEC Filing  
1/2/2015Selim A BassoulCEOSell16,125$100.02$1,612,822.50View SEC Filing  
9/11/2013David BrewerCOOSell3,000$204.25$612,750.00View SEC Filing  
9/11/2013Timothy John FitzgeraldCFOSell61,399$193.52$11,881,934.48View SEC Filing  
9/4/2013Selim A BassoulCEOSell3,874$191.89$743,381.86View SEC Filing  
8/26/2013Selim BassoulCEOSell7,200$190.29$1,370,088.00View SEC Filing  
8/23/2013Selim BassoulCEOSell7,605$191.47$1,456,129.35View SEC Filing  
8/22/2013Selim BassoulCEOSell1,979$192.42$380,799.18View SEC Filing  
8/21/2013Selim BassoulCEOSell4,992$191.43$955,618.56View SEC Filing  
8/20/2013Selim BassoulCEOSell5,724$191.75$1,097,577.00View SEC Filing  
8/19/2013Selim BassoulCEOSell5,645$190.62$1,076,049.90View SEC Filing  
8/16/2013Selim BassoulCEOSell11,295$190.09$2,147,066.55View SEC Filing  
8/15/2013Selim BassoulCEOSell16,567$193.10$3,199,087.70View SEC Filing  
8/14/2013Selim BassoulCEOSell15,320$201.28$3,083,609.60View SEC Filing  
8/13/2013Selim BassoulCEOSell30,752$205.32$6,314,000.64View SEC Filing  
8/12/2013Selim BassoulCEOSell43,464$203.21$8,832,319.44View SEC Filing  
7/11/2013Selim A BassoulCEOSell18,350$178.33$3,272,355.50View SEC Filing  
7/9/2013Selim A BassoulCEOSell15,134$182.11$2,756,052.74View SEC Filing  
7/8/2013Selim A BassoulCEOSell8,139$180.37$1,468,031.43View SEC Filing  
7/5/2013Selim A BassoulCEOSell15,325$176.48$2,704,556.00View SEC Filing  
7/2/2013Selim A BassoulCEOSell7,932$174.72$1,385,879.04View SEC Filing  
7/1/2013Selim A BassoulCEOSell7,014$172.78$1,211,878.92View SEC Filing  
6/28/2013Selim A BassoulCEOSell5,101$172.11$877,933.11View SEC Filing  
6/27/2013Selim A BassoulCEOSell7,606$172.65$1,313,175.90View SEC Filing  
6/19/2013Selim A BassoulCEOSell21,082$170.14$3,586,891.48View SEC Filing  
6/17/2013Selim A BassoulCEOSell7,636$167.81$1,281,397.16View SEC Filing  
6/14/2013Selim A BassoulCEOSell4,591$166.87$766,100.17View SEC Filing  
6/12/2013Selim A BassoulCEOSell4,547$166.85$758,666.95View SEC Filing  
6/10/2013Selim A BassoulCEOSell12,879$167.83$2,161,482.57View SEC Filing  
6/4/2013Selim A BassoulCEOSell2,980$166.63$496,557.40View SEC Filing  
5/29/2013Selim A BassoulCEOSell20,385$168.19$3,428,553.15View SEC Filing  
5/24/2013Selim A BassoulCEOSell9,510$163.38$1,553,743.80View SEC Filing  
5/22/2013Selim A BassoulCEOSell14,912$166.34$2,480,462.08View SEC Filing  
5/21/2013Selim A BassoulCEOSell35,009$167.45$5,862,257.05View SEC Filing  
5/17/2013Selim A BassoulCEOSell10,879$163.96$1,783,720.84View SEC Filing  
5/16/2013Selim A BassoulCEOSell10,800$163.47$1,765,476.00View SEC Filing  
5/15/2013Selim A BassoulCEOSell23,767$165.20$3,926,308.40View SEC Filing  
5/14/2013Selim A BassoulCEOSell38,936$160.52$6,250,006.72View SEC Filing  
5/10/2013Selim A BassoulCEOSell80,821$158.81$12,835,183.01View SEC Filing  
5/10/2013Timothy John FitzgeraldCFOSell11,425$157.50$1,799,437.50View SEC Filing  
8/9/2012Timothy John FitzgeraldCFOSell9,000$108.00$972,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for The Middleby Corporation (NASDAQ:MIDD)
Latest Headlines for The Middleby Corporation (NASDAQ:MIDD)
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The Middleby Corporation (MIDD) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by Staff

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