The Middleby Corp. Company Profile (NASDAQ:MIDD)

About The Middleby Corp.

The Middleby Corp. logoThe Middleby Corporation (Middleby) 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. The Company's Commercial Foodservice Equipment Group segment has a portfolio of cooking and warming equipment, which serves cooking or warming application within a commercial kitchen or foodservice operation. The Company's Food Processing Equipment Group segment offers a range of processing solutions for customers producing pre-cooked meat products, such as hot dogs, dinner sausages, poultry and lunchmeats and baked goods, such as muffins, cookies and bread. The Company's Residential Kitchen Equipment Group segment manufactures, sells and distributes kitchen equipment for the residential market. The Company's subsidiary is Middleby Marshall Inc.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Diversified Machinery
  • Sub-Industry: Industrial Machinery
  • Exchange: NASDAQ
  • Symbol: MIDD
  • CUSIP: 59627810
Key Metrics:
  • Previous Close: $123.31
  • 50 Day Moving Average: $126.78
  • 200 Day Moving Average: $117.28
  • 52-Week Range: $79.11 - $140.98
  • Trailing P/E Ratio: 31.06
  • Foreward P/E Ratio: 22.14
  • P/E Growth: 1.42
  • Market Cap: $7.10B
  • Outstanding Shares: 57,539,000
  • Beta: 1.48
Profitability:
  • Net Margins: 10.89%
  • Return on Equity: 20.50%
  • Return on Assets: 8.82%
Debt:
  • Debt-to-Equity Ratio: 0.67%
  • Current Ratio: 1.61%
  • Quick Ratio: 0.86%
Additional Links:
Companies Related to The Middleby Corp.:

Analyst Ratings

Consensus Ratings for The Middleby Corp. (NASDAQ:MIDD) (?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $122.25 (0.86% downside)

Analysts' Ratings History for The Middleby Corp. (NASDAQ:MIDD)
Show:
DateFirmActionRatingPrice TargetDetails
9/9/2016Wellington ShieldsUpgradeHold -> AccumulateView Rating Details
9/6/2016Deutsche Bank AGInitiated CoverageHold$123.00View Rating Details
3/3/2016Robert W. BairdLower Price TargetOutperform$120.00 -> $116.00View Rating Details
1/14/2016Roth CapitalReiterated RatingBuyView Rating Details
1/13/2016MacquarieUpgradeNeutral -> OutperformView Rating Details
11/18/2015BMO Capital MarketsUpgradeMarket Perform -> Outperform$120.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for The Middleby Corp. (NASDAQ:MIDD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2016        
8/10/2016Q216$1.11$1.28$551.71 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$446.45 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
8/7/2014Q214$0.75$0.85$407.98 million$424.78 millionViewListenView Earnings Details
5/8/2014Q1$2.07$1.78ViewListenView 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)

Estimates

Earnings Estimates for The Middleby Corp. (NASDAQ:MIDD)
Current Year EPS Consensus Estimate: $4.80 EPS
Next Year EPS Consensus Estimate: $5.57 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.83$0.85$0.84
Q2 20162$1.09$1.10$1.10
Q3 20162$1.20$1.25$1.23
Q4 20162$1.21$1.36$1.29
(Data provided by Zacks Investment Research)

Dividends

Dividend History for The Middleby Corp. (NASDAQ:MIDD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for The Middleby Corp. (NASDAQ:MIDD)
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 95.10%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for The Middleby Corp. (NASDAQ:MIDD)
DateHeadline
News IconUpgrades And Downgrades For The Middleby Corporation - NewsDen - NewsDen (NASDAQ:MIDD)
newsden.net - September 28 at 11:04 AM
stocksdaily.net logoThe Middleby Corporation (NASDAQ:MIDD) EPS Projection For FY2016 At $4.99 - Stocks Daily (NASDAQ:MIDD)
www.stocksdaily.net - September 28 at 11:04 AM
seekingalpha.com logoGrowth Reacceleration Has Rebuilt Middleby's Multiple - The ... - Seeking Alpha (NASDAQ:MIDD)
seekingalpha.com - September 21 at 10:16 AM
finance.yahoo.com logoBaron Funds Comments on The Middleby Corp (NASDAQ:MIDD)
finance.yahoo.com - September 20 at 11:18 AM
finance.yahoo.com logoWhy the Earnings Streak Will Continue for Middleby (MIDD) (NASDAQ:MIDD)
finance.yahoo.com - September 19 at 10:40 AM
realistinvestor.com logoThe Middleby Corporation (NASDAQ:MIDD) Mean Price Target Is $133.25 - RealistInvestor.com (NASDAQ:MIDD)
www.realistinvestor.com - September 17 at 10:38 AM
capitalcube.com logoThe Middleby Corp. breached its 50 day moving average in a Bullish Manner : MIDD-US : September 16, 2016 (NASDAQ:MIDD)
www.capitalcube.com - September 16 at 9:25 AM
capitalcube.com logoETF’s with exposure to The Middleby Corp. : September 14, 2016 (NASDAQ:MIDD)
www.capitalcube.com - September 14 at 10:26 AM
News IconAnalysts Place The Middleby Corporation (NASDAQ:MIDD) Under the Lens of the Microscope - Post News (NASDAQ:MIDD)
www.kentuckypostnews.com - September 12 at 10:47 AM
News IconAlan Fournier Sold 6 Holdings in 2nd Quarter - Yahoo Sports - Yahoo Sports (NASDAQ:MIDD)
sports.yahoo.com - September 11 at 10:18 AM
nasdaq.com logoAlan Fournier Sold 6 Holdings in —nd Quarter - Nasdaq (NASDAQ:MIDD)
www.nasdaq.com - September 11 at 10:18 AM
News IconThe Middleby Corporation (NASDAQ:MIDD): What is the Sell-side ... - Post News (NASDAQ:MIDD)
www.kentuckypostnews.com - September 9 at 10:50 AM
finance.yahoo.com logoIs Middleby (MIDD) a Great Growth Stock? (NASDAQ:MIDD)
finance.yahoo.com - September 8 at 9:59 AM
finance.yahoo.com logoCoverage initiated on Middleby by Deutsche Bank (NASDAQ:MIDD)
finance.yahoo.com - September 7 at 6:18 PM
realistinvestor.com logoPrice Target For The Middleby Corporation (NASDAQ:MIDD) Set At ... - RealistInvestor.com (NASDAQ:MIDD)
www.realistinvestor.com - September 2 at 3:43 PM
capitalcube.com logoETF’s with exposure to The Middleby Corp. : August 19, 2016 (NASDAQ:MIDD)
www.capitalcube.com - August 19 at 6:06 PM
finance.yahoo.com logoMIDDLEBY CORP Financials (NASDAQ:MIDD)
finance.yahoo.com - August 19 at 6:06 PM
fidaily.com logoFiera Capital Corp Bought A Little More The Middleby Corporation (MIDD) Stock In The Last Quarter - Finance Daily (NASDAQ:MIDD)
www.fidaily.com - August 17 at 6:23 PM
News IconIFFA RECAP: Thurne's revolutionary success (NASDAQ:MIDD)
www.meatpoultry.com - August 13 at 9:05 AM
capitalcube.com logoThe Middleby Corp. :MIDD-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NASDAQ:MIDD)
www.capitalcube.com - August 12 at 6:16 PM
finance.yahoo.com logoCompany News for August 12, 2016 (NASDAQ:MIDD)
finance.yahoo.com - August 12 at 6:16 PM
rttnews.com logoMiddleby Corp. (MIDD) Climbed To A New High After Q2 Report (NASDAQ:MIDD)
www.rttnews.com - August 12 at 9:26 AM
nasdaq.com logoMiddleby Corp. (MIDD) Has Surged To A New High After Q2 Report (NASDAQ:MIDD)
www.nasdaq.com - August 11 at 6:33 PM
seekingalpha.com logoMiddleby - Viking Acquisition Turned Around (NASDAQ:MIDD)
seekingalpha.com - August 11 at 6:33 PM
thestreet.com logoMiddleby (MIDD) Stock Jumps on Q2 Earnings Beat (NASDAQ:MIDD)
www.thestreet.com - August 11 at 6:33 PM
fool.com logoWhy Macy's, Brinker International, and Middleby Jumped Today (NASDAQ:MIDD)
www.fool.com - August 11 at 6:33 PM
News IconDow Hits Record High; Middleby Soars, Yahoo Gets Alibaba Lift (NASDAQ:MIDD)
feedproxy.google.com - August 11 at 1:33 PM
cnbc.com logoMiddleby posts 2Q profit (NASDAQ:MIDD)
www.cnbc.com - August 11 at 9:22 AM
zacks.com logoMiddleby (MIDD) Q2 Earnings, Sales Beat Estimates; Up Y/Y (NASDAQ:MIDD)
www.zacks.com - August 11 at 9:22 AM
News IconThe Middleby Corporation Reports Second Quarter Results (NASDAQ:MIDD)
ih.advfn.com - August 11 at 9:22 AM
seekingalpha.com logoMiddleby beats by $0.24, beats on revenue (NASDAQ:MIDD)
seekingalpha.com - August 10 at 11:27 PM
fool.com logoMiddleby Looks More Appetizing Than Ever (NASDAQ:MIDD)
www.fool.com - August 10 at 10:45 PM
biz.yahoo.com logoMiddleby Corp Earnings Call (Q2 2016) (NASDAQ:MIDD)
biz.yahoo.com - August 10 at 9:12 AM
tradecalls.org logoLarge Inflow of Money Detected in The Middleby Corporation (NASDAQ:MIDD)
www.tradecalls.org - August 10 at 9:12 AM
biz.yahoo.com logoQ2 2016 Middleby Corp Earnings Release - After Market Close (NASDAQ:MIDD)
biz.yahoo.com - August 10 at 9:12 AM
publicnow.com logoThe Middleby Corporation Schedules Second Quarter Earnings Release and Conference Call (NASDAQ:MIDD)
www.publicnow.com - August 9 at 9:20 AM
finance.yahoo.com logoIndustrial Stocks' Aug 10 Earnings Preview: MIDD, ENS & More (NASDAQ:MIDD)
finance.yahoo.com - August 9 at 9:20 AM
investornewswire.com logoStrong Sell Calls For The Middleby Corporation (NASDAQ:MIDD) At 0 - Investor Newswire (NASDAQ:MIDD)
www.investornewswire.com - August 6 at 6:18 PM
streetreport.co logoIs Middleby Corp (NASDAQ:MIDD) Well Tailored for Your Portfolio ... - Street Report (NASDAQ:MIDD)
www.streetreport.co - August 5 at 6:21 PM
investornewswire.com logoThe Middleby Corporation (NASDAQ:MIDD) Brokerage Rating Update - Investor Newswire (NASDAQ:MIDD)
www.investornewswire.com - August 4 at 9:21 AM
reuters.com logoBRIEF-The Middleby Corporation announces new credit facility - Reuters (NASDAQ:MIDD)
www.reuters.com - August 4 at 9:21 AM
reuters.com logoBRIEF-The Middleby Corporation announces new credit facility (NASDAQ:MIDD)
www.reuters.com - August 3 at 6:32 PM
finance.yahoo.com logo5:01 pm Middleby enters a new five-year $2.5 bln multi-currency senior revolving credit agreement, with the potential under certain circumstances to increase to $3.0 bln (NASDAQ:MIDD)
finance.yahoo.com - August 3 at 6:32 PM
biz.yahoo.com logoMIDDLEBY CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligati (NASDAQ:MIDD)
biz.yahoo.com - August 3 at 6:32 PM
publicnow.com logoThe Middleby Corporation Announces New Credit Facility (NASDAQ:MIDD)
www.publicnow.com - August 3 at 6:32 PM
capitalcube.com logoThe Middleby Corp. breached its 50 day moving average in a Bullish Manner : MIDD-US : August 1, 2016 (NASDAQ:MIDD)
www.capitalcube.com - August 1 at 5:58 PM
realistinvestor.com logoCan The Middleby Corporation (NASDAQ:MIDD) Hit $136? - RealistInvestor.com (NASDAQ:MIDD)
www.realistinvestor.com - July 30 at 5:38 PM
News IconCarter-Hoffman Shows Off Innovation With The New Gridless Heated Transport Carts (NASDAQ:MIDD)
www.hotelinteractive.com - July 29 at 6:19 PM
marketnewsvideo.com logoMiddleby Larger Than S&P 500 Component Helmerich & Payne (NASDAQ:MIDD)
www.marketnewsvideo.com - July 28 at 6:25 PM
News IconAP-MS--Mississippi News Coverage Advisory 8:30 am, MS (NASDAQ:MIDD)
newsok.com - July 28 at 9:22 AM

Social

The Middleby Corp. (NASDAQ:MIDD) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff