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S&P 500   4,282.37
DOW   33,762.76
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66,000% upside on tiny biotech? (Ad)
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66,000% upside on tiny biotech? (Ad)
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Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
66,000% upside on tiny biotech? (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
66,000% upside on tiny biotech? (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Stock market today: Asian stocks follow Wall St up after strong US jobs report
66,000% upside on tiny biotech? (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
66,000% upside on tiny biotech? (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
66,000% upside on tiny biotech? (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Stock market today: Asian stocks follow Wall St up after strong US jobs report
66,000% upside on tiny biotech? (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
66,000% upside on tiny biotech? (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
NASDAQ:MIDD

Middleby (MIDD) Stock Forecast, Price & News

$139.50
+6.32 (+4.75%)
(As of 06/2/2023 08:48 PM ET)
Compare
Today's Range
$134.61
▼
$139.77
50-Day Range
$132.00
▼
$146.61
52-Week Range
$120.30
▼
$162.02
Volume
510,300 shs
Average Volume
502,739 shs
Market Capitalization
$7.46 billion
P/E Ratio
16.89
Dividend Yield
N/A
Price Target
$169.63
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Middleby MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
21.6% Upside
$169.63 Price Target
Short Interest
Bearish
5.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.48
Upright™ Environmental Score
News Sentiment
0.31mentions of Middleby in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$82,452 Sold Last Quarter
Proj. Earnings Growth
10.35%
From $9.95 to $10.98 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars

Industrial Products Sector

131st out of 176 stocks

Refrigeration & Service Industry Machinery Industry

5th out of 5 stocks

See Top Rated MarketRank™ Stocks Here

MIDD stock logo

About Middleby (NASDAQ:MIDD) Stock

The Middleby Corp. engages in the design, manufacture, marketing, and distribution of foodservice equipment. It operates through the following segments: Commercial Foodservice Equipment Group, Food Processing Equipment Group, Residential Kitchen Equipment Group, and Corporate and Other. The Commercial Foodservice Equipment Group segment manufactures, sells, and distributes foodservice equipment for the restaurant and institutional kitchen industry. The Food Processing Equipment Group segment manufactures preparation, cooking, packaging, food handling, and food safety equipment for the food processing industry. The Residential Kitchen Equipment Group segment manufactures, sells, and distributes kitchen equipment such as cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, wine coolers, ice machines, ventilation, and outdoor equipment for the residential market. The Corporate and Other segment refers to the corporate and other general company assets and operations. The company was founded in 1888 and is headquartered in Elgin, IL.

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MIDD Stock News Headlines

June 2, 2023 | fool.com
Middleby (NASDAQ: MIDD)
May 28, 2023 | americanbankingnews.com
The Middleby Co. to Post Q2 2023 Earnings of $2.26 Per Share, Zacks Research Forecasts (NASDAQ:MIDD)
June 5, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
May 27, 2023 | americanbankingnews.com
The Middleby Co. (NASDAQ:MIDD) Director Chapin Sarah Palisi Sells 250 Shares
May 25, 2023 | benzinga.com
Board Member of Middleby Makes $160K Sale
May 24, 2023 | americanbankingnews.com
The Middleby Co. (NASDAQ:MIDD) Given Average Recommendation of "Moderate Buy" by Analysts
May 16, 2023 | marketwatch.com
2030, Food Service Equipment Market Research
May 16, 2023 | finance.yahoo.com
Middleby Announces Corporate Officer Retirement and Additions
June 5, 2023 | Legacy Research (Affiliate) (Ad)
From -60% Account to Doubling His Money?
After helping his readers double their money 13 TIMES in the last year alone… There’s ONE person trader Jeff Clark has NOT been able to help! His 23-year-old son, Grant.
May 16, 2023 | americanbankingnews.com
FY2023 Earnings Estimate for The Middleby Co. Issued By Seaport Res Ptn (NASDAQ:MIDD)
May 15, 2023 | msn.com
BMO Capital Maintains Middleby (MIDD) Outperform Recommendation
May 15, 2023 | msn.com
Benchmark Maintains Middleby (MIDD) Buy Recommendation
May 15, 2023 | americanbankingnews.com
Middleby (NASDAQ:MIDD) PT Raised to $175.00
May 15, 2023 | americanbankingnews.com
Middleby (NASDAQ:MIDD) PT Raised to $180.00 at Benchmark
May 14, 2023 | americanbankingnews.com
Brokers Issue Forecasts for The Middleby Co.'s Q2 2023 Earnings (NASDAQ:MIDD)
May 13, 2023 | marketwatch.com
Commercial Deep Fryer Market Research report(2023-2029) with Development Status, Competitive Landscape and Growth by – Manitowoc, ITW, Middleby
May 12, 2023 | marketwatch.com
Pet Food Processing Market Likely to Enjoy Remarkable Growth with Andritz Group, Buhler Holding Ag, Baker Perkins Ltd., The Middleby Corporation
May 12, 2023 | marketwatch.com
8-K: MIDDLEBY Corp
May 12, 2023 | marketwatch.com
Commercial Deep Fryer Market: Trends, Recent Growth till 2030
May 12, 2023 | msn.com
Middleby Q1: Earnings Beat, Improved Margins & More
May 11, 2023 | finance.yahoo.com
Middleby (MIDD) Q1 Earnings & Revenues Beat, Increase Y/Y
May 11, 2023 | finance.yahoo.com
Q1 2023 Middleby Corp Earnings Call
May 10, 2023 | marketwatch.com
Commercial Electric Deep Fryer Market Technology Advancement and Future Scope Till 2030 | Major Players are Manitowoc, ITW, Middleby, Henny Penny
May 10, 2023 | marketwatch.com
Foodservice Equipment Market Growing Demand and Trends 2023 to 2030 |AB Electrolux, Middleby, Rational, Hoshizaki
May 10, 2023 | markets.businessinsider.com
Here's what Wall Street expects from Middleby's earnings
May 10, 2023 | finance.yahoo.com
Middleby (MIDD) Beats Q1 Earnings and Revenue Estimates
May 10, 2023 | finance.yahoo.com
Middleby (MIDD) Reports Q1 Earnings: What Key Metrics Have to Say
See More Headlines

MIDD Price History

MIDD Company Calendar

Last Earnings
2/21/2023
Today
6/04/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Refrigeration & service industry machinery
Sub-Industry
Industrial Machinery
Sector
Industrial Products
Current Symbol
NASDAQ:MIDD
CUSIP
59627810
CIK
769520
Web
www.middleby.com
Phone
(847) 741-3300
Fax
847-741-0015
Employees
11,268
Year Founded
1888

Price Target and Rating

Average Stock Price Forecast
$169.63
High Stock Price Forecast
$180.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
+21.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$8.26
Trailing P/E Ratio
16.89
Forward P/E Ratio
14.02
P/E Growth
N/A
Net Income
$436.57 million
Net Margins
11.12%
Pretax Margin
14.44%
Return on Equity
18.71%
Return on Assets
7.31%

Debt

Debt-to-Equity Ratio
0.94
Current Ratio
2.08
Quick Ratio
0.95

Sales & Book Value

Annual Sales
$4.03 billion
Price / Sales
1.85
Cash Flow
$11.71 per share
Price / Cash Flow
11.91
Book Value
$53.48 per share
Price / Book
2.61

Miscellaneous

Outstanding Shares
53,510,000
Free Float
52,894,000
Market Cap
$7.46 billion
Optionable
Optionable
Beta
1.54

Social Links


Key Executives

  • Timothy John FitzgeraldTimothy John Fitzgerald
    Chief Executive Officer & Director
  • James K. PoolJames K. Pool
    Chief Operating & Technology Officer
  • Bryan E. Mittelman
    Chief Financial Officer
  • Matthew Fuchsen
    Chief Development Officer
  • Steven P. Spittle
    Chief Commercial Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













MIDD Stock - Frequently Asked Questions

Should I buy or sell Middleby stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Middleby in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MIDD shares.
View MIDD analyst ratings or view top-rated stocks.

What is Middleby's stock price forecast for 2023?

7 brokers have issued 1 year price targets for Middleby's stock. Their MIDD share price forecasts range from $135.00 to $180.00. On average, they predict the company's stock price to reach $169.63 in the next year. This suggests a possible upside of 21.6% from the stock's current price.
View analysts price targets for MIDD or view top-rated stocks among Wall Street analysts.

How have MIDD shares performed in 2023?

Middleby's stock was trading at $133.90 at the start of the year. Since then, MIDD stock has increased by 4.2% and is now trading at $139.50.
View the best growth stocks for 2023 here.

When is Middleby's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our MIDD earnings forecast.

How were Middleby's earnings last quarter?

The Middleby Co. (NASDAQ:MIDD) released its quarterly earnings results on Tuesday, February, 21st. The industrial products company reported $2.57 EPS for the quarter, topping analysts' consensus estimates of $2.46 by $0.11. The industrial products company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.01 billion. Middleby had a net margin of 11.12% and a trailing twelve-month return on equity of 18.71%. Middleby's revenue for the quarter was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.11 EPS.

What ETFs hold Middleby's stock?

ETFs with the largest weight of Middleby (NASDAQ:MIDD) stock in their portfolio include AdvisorShares Focused Equity ETF (CWS), Burney U.S. Factor Rotation ETF (BRNY), Schwab Ariel ESG ETF (SAEF), Hartford Large Cap Growth ETF (HFGO), Alpha Intelligent - Large Cap Growth ETF (AILG), Inspire Tactical Balanced ETF (RISN), Hoya Capital Housing ETF (HOMZ) and Distillate U.S. Fundamental Stability & Value ETF (DSTL).

When did Middleby's stock split?

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

What is Timothy FitzGerald's approval rating as Middleby's CEO?

3 employees have rated Middleby Chief Executive Officer Timothy FitzGerald on Glassdoor.com. Timothy FitzGerald has an approval rating of 100% among the company's employees. This puts Timothy FitzGerald in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Middleby own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Middleby investors own include Starbucks (SBUX), Walt Disney (DIS), Alphabet (GOOG), Skyworks Solutions (SWKS), Gilead Sciences (GILD), Intel (INTC), NVIDIA (NVDA), Costco Wholesale (COST), Netflix (NFLX) and Alibaba Group (BABA).

What is Middleby's stock symbol?

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

Who are Middleby's major shareholders?

Middleby's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Davidson Kempner Capital Management LP (0.00%), Select Equity Group L.P. (8.91%), Victory Capital Management Inc. (5.10%), Price T Rowe Associates Inc. MD (4.00%), Sarasin & Partners LLP (3.23%) and Nordea Investment Management AB (2.93%). Insiders that own company stock include Cathy L Mccarthy, Cathy L Mccarthy, Chapin Sarah Palisi, James K Pool III, James K Pool III, John R Miller III, Nassem Ziyad, Robert A Nerbonne and Timothy John Fitzgerald.
View institutional ownership trends.

How do I buy shares of Middleby?

Shares of MIDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Middleby's stock price today?

One share of MIDD stock can currently be purchased for approximately $139.50.

How much money does Middleby make?

Middleby (NASDAQ:MIDD) has a market capitalization of $7.46 billion and generates $4.03 billion in revenue each year. The industrial products company earns $436.57 million in net income (profit) each year or $8.26 on an earnings per share basis.

How many employees does Middleby have?

The company employs 11,268 workers across the globe.

Does Middleby have any subsidiaries?
The following companies are subsidiares of Middleby: AGA Rangemaster Group Ltd, AGA Rangemaster Group plc, AGA Rangemaster Ltd, AGA Rangemaster Properties Ltd, AGA Rayburn Ltd, ARG Corporate Services Ltd, Alkar Holdings Inc, Alkar Holdings Inc., Alkar-RapidPak Inc, American Permanent Ware Company LLC, Anetsberger Brothers Inc, Anetsberger LLC, Armor Inox Holding France SAS, Armor Inox Production Sarl, Armor Inox S.A., Armor Inox SAS, Armor Inox Services SAS, Armor Inox USA LLC, Asbury Associates, Associated American Industries LLC, Auto-Bake Acquisition Pty Ltd, Auto-Bake Pty Ltd, Auto-Bake Pty. Ltd., Automatic Bar Controls Inc, Automatic Bar Controls Inc., Automation Tech LLC, Baker Thermal Solutions LLC, Bakers Pride Oven Company LLC, Beech Ovens, Beech Ovens LLC, Beech Ovens Pty Ltd, Blodgett, Brava Home Inc, Brava Home Inc., Britannia Kitchen Ventilation, Burford Bakery Solutions Limited, Burford Corp, Burford Corp., CM Brewing Technologies LLC, CVP Systems Inc., Carter Hoffmann, Carter-Hoffmann LLC, Catering Equipment Industry srl, Celfrost Innovations Pvt. Ltd., Cinoxplan SLU, Cloverleaf AM Essex LLC, Concordia Coffee Company Inc., CookTek Induction Systems LLC, CookTek LLC, Cooking Solutions Group Inc., Cooking Solutions Group LLC, Cozzini LLC, Cozzini Middleby de Mexico S de RLde CV, Crown Food Service Equipment Ltd., DBT Holdings LLC, DBT Holdings LLC, Danfotech Holdings LLC, Danfotech Inc, Danfotech Inc., Desmon Food Service Equipment Company, Desmon SpA, Deutsche Beverage, Doyon Equipment Inc., EVO America Inc., Emico Automated Bakery Equipment Solutions, Evo America LLC, F.R. Drake Company, FR Drake Company, Fab-Asia Inc, Field Service Solutions, Filling Machines & Systems Inc, Fired Earth Ltd, Firex S.r.l., Firex S.r.l., Firex srl, Follett Corporation, Follett Europe Polska sp zoo, Follett International sp zoo, Follett Products LLC, Frifri aro SA, G.S. Blodgett LLC, Giga Grandi Cucine S.r.l., Giga Grandi Cucine Srl, Globe Food Equipment Company, Globe Food Equipment Holding Company, Goldstein Eswood, Goldstein Eswood Commercial Cooking Pty Ltd, Goldstein Properties Pty Ltd, Grand Rise International Limited, Grange Furniture Inc, Heartland Appliances Inc, Hinds-Bock Corporation, Holman Cooking Equipment Inc, Houno A/S, Houno Holdings LLC, Imperial Commercial Cooking, Imperial Machine Company Ltd, Induc Commercial Electronics, Inline Filling Systems LLC, J.W. Beech Pty. Ltd., Jade Products Company, Jade Range LLC, Johs. Lassen Fjellebroen A/S, Josper S.A., Josper SA, Keylog Srl, L2F Inc., LA Cornue SAS, Lab2Fab LLC, Levens Middleby Worldwide BV, Lincat Group Ltd, Lincat Group PLC, Lincat Limited, Lynx Grills Inc., M-TEK Corporation, MEP FMS Holdings LLC, MIDDLEBY UK LTD, MP Equipment, MP Equipment LLC, Market Forge Industries Inc., Marsal & Sons, Maurer-Atmos GmbH, Maurer-Atmos Middleby GmbH, Meheen Manufacturing Inc, Middleby Advantage LLC, Middleby Asia Ltd, Middleby Canada Company Inc, Middleby Celfrost Innovations Pvt Ltd, Middleby China Corporation, Middleby Coffee Solutions Group LLC, Middleby Cooking System Manufacturing (Shanghai) Corporation, Middleby Cozzini Brasil Equipamentos Ltda, Middleby Denmark Holdings ApS, Middleby Espana SLU, Middleby Europe SL, Middleby Food Service Equipment Co Ltd, Middleby Foodservice Equipment Corporation, Middleby Holding UK Ltd, Middleby India Engineering Pvt Ltd, Middleby Induction China Corporation, Middleby Lux Holdings SCS, Middleby Luxembourg Sarl, Middleby Marshall Holding LLC, Middleby Marshall Inc, Middleby Nationals Sales LLC, Middleby Packaging Solutions LLC, Middleby Philippines Corporation, Middleby Sweden Holdings AB, Middleby UK Residential Holdings, Middleby Worldwide Australia Pty Ltd, Middleby Worldwide Inc, Middleby Worldwide Mexico SA de CV, Middleby Worldwide Philippines, Middleby Worldwide Services SA de CV, Middleby XME SLU, Middleby do Brasil Ltda, New Star International Holdings Inc, New Star International Holdings Inc., Nieco Corporation, Nieco LLC, Northland Corporation, Novy Invest NV, Nu-Vu Foodservice Systems, Packaging Progressions Inc., Pacproinc LLC, Pengyuan Technology (Shenzhen) Co LTD, PerfectFry Company, Pitco Frialator LLC, Powerhouse Dynamics Inc., Powerhouse Dynamics LLC, Processing Equipment Solutions, Processing Equipment Solutions Inc., QualServ Solutions LLC, SD Group Intressenter (SDGI), Scanico A/S, Scanico A/S, Spenuzza Inc, Spooner Vicars Bakery Systems, Ss Brewtech, Standex de Mexico SA de CV, Star International Holdings Inc, Star Manufacturing International Inc., Stewart Systems, Stewart Systems Baking LLC, Sveba Dahlen Baltic OU, Sveba Dahlen Group, Sveba Dahlen Rus Ltd, Sveba-Dahlen Aktiebolag, Sveba-Dahlen Espana, Sveba-Dahlen Group AB, Synesso Inc., TMC Lux Holdings Sarl, TMC Lux Sarl, TMC Scots Holdings LP, Taylor Commercial Foodservice LLC, Taylor Company, Taylor Company Srl, Taylor Food Service Equipment Trading (Shanghai) Co. Ltd, The Alluvian LLC, The Alluvian Spa LLC, Thurne-Middleby Ltd, TurboChef Technologies Inc., TurboChef Technologies LLC, Turkington USA, U-Line Corporation, ULC Holding Company, United Foodservice Equipment Group, Varimixer A/S, Ve Ma C Srl, Ve.Ma.C S.r.l., Vemac Srl, Viking Cooking Schools LLC, Viking Culinary Group LLC, Viking Range Brasil Participacoes Ltda, Viking Range Corporation, Viking Range Corporation do Brasil Importacao e Comercio Ltda, Viking Range LLC, Waterford Stanley Ltd, Welbilt, Wells Bloomfield, Wells Bloomfield LLC, Wild Goose Canning Technologies LLC, Wild Goose Filling, Wunder-Bar Dispensing UK Ltd, Wunder-Bar Europe Sro, Wunder-Bar Holdings Inc, and Wunder-Bar International Inc.
Read More
How can I contact Middleby?

Middleby's mailing address is 1400 TOASTMASTER DRIVE, ELGIN IL, 60120. The official website for the company is www.middleby.com. The industrial products company can be reached via phone at (847) 741-3300, via email at middlebycorporation.gcs-web.com, or via fax at 847-741-0015.

This page (NASDAQ:MIDD) was last updated on 6/5/2023 by MarketBeat.com Staff

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