Log in

Middleby Stock Price, Forecast & Analysis (NASDAQ:MIDD)

$117.53
-0.71 (-0.60 %)
(As of 11/18/2019 06:36 AM ET)
Today's Range
$117.21
Now: $117.53
$119.08
50-Day Range
$109.76
MA: $117.07
$124.16
52-Week Range
$96.65
Now: $117.53
$142.98
Volume267,800 shs
Average Volume291,825 shs
Market Capitalization$6.60 billion
P/E Ratio19.27
Dividend YieldN/A
Beta1.63
The Middleby Corporation designs, manufactures, markets, distributes, and services foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers foodservice equipment for quick and full-service restaurants, convenience stores, retail outlets, hotels, and other institutions. Read More…

Industry, Sector and Symbol

Industry Refrigeration & service industry machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:MIDD
CUSIP59627810
Phone847-741-3300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.72 billion
Cash Flow$7.77 per share
Book Value$33.06 per share

Profitability

Net Income$317.15 million

Miscellaneous

Employees9,346
Market Cap$6.60 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

Receive MIDD News and Ratings via Email

Sign-up to receive the latest news and ratings for MIDD and its competitors with MarketBeat's FREE daily newsletter.


Middleby (NASDAQ:MIDD) Frequently Asked Questions

What is Middleby's stock symbol?

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

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

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

How were Middleby's earnings last quarter?

Middleby Corp (NASDAQ:MIDD) announced its earnings results on Wednesday, November, 6th. The industrial products company reported $1.72 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.63 by $0.09. The industrial products company earned $724 million during the quarter, compared to analyst estimates of $760.88 million. Middleby had a return on equity of 20.81% and a net margin of 11.55%. Middleby's revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.56 EPS. View Middleby's Earnings History.

When is Middleby's next earnings date?

Middleby is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Middleby.

What price target have analysts set for MIDD?

7 brokers have issued 1 year price objectives for Middleby's stock. Their forecasts range from $125.00 to $160.00. On average, they expect Middleby's share price to reach $144.17 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price. View Analyst Price Targets for Middleby.

What is the consensus analysts' recommendation for Middleby?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Middleby in the last year. There are currently 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Middleby.

Has Middleby been receiving favorable news coverage?

Press coverage about MIDD stock has trended very negative recently, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Middleby earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View News Stories for Middleby.

Are investors shorting Middleby?

Middleby saw a drop in short interest during the month of October. As of October 15th, there was short interest totalling 2,600,000 shares, a drop of 5.1% from the September 15th total of 2,740,000 shares. Based on an average daily trading volume, of 353,900 shares, the short-interest ratio is currently 7.3 days. Currently, 4.8% of the company's shares are sold short. View Middleby's Current Options Chain.

Who are some of Middleby's key competitors?

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), Alphabet (GOOG), Skyworks Solutions (SWKS), Walt Disney (DIS), Celgene (CELG), Booking (BKNG), Gilead Sciences (GILD), Netflix (NFLX), NVIDIA (NVDA) and Activision Blizzard (ATVI).

Who are Middleby's key executives?

Middleby's management team includes the folowing people:
  • Mr. Timothy J. FitzGerald, CEO & Director (Age 49)
  • Mr. David Brewer, Exec. VP & COO (Age 62)
  • Mr. Selim A. Bassoul, Consultant (Age 62)
  • Mr. Martin M. Lindsay, VP, Treasurer & Sec. (Age 54)
  • Mr. Bryan E. Mittelman, Chief Financial Officer (Age 48)

Who are Middleby's major shareholders?

Middleby's stock is owned by many different of retail and institutional investors. Top institutional shareholders include EdgePoint Investment Group Inc. (9.19%), Russell Investments Group Ltd. (0.72%), Alta Capital Management LLC (0.47%), GW&K Investment Management LLC (0.37%), Sumitomo Mitsui Trust Holdings Inc. (0.36%) and Stephens Investment Management Group LLC (0.31%). Company insiders that own Middleby stock include Chapin Sarah Palisi, John R Miller III, Martin M Lindsay, Nassem Ziyad and Robert A Nerbonne. View Institutional Ownership Trends for Middleby.

Which major investors are selling Middleby stock?

MIDD stock was sold by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., Alta Capital Management LLC, Welch & Forbes LLC, Howe & Rusling Inc., Robeco Institutional Asset Management B.V., Fjarde AP Fonden Fourth Swedish National Pension Fund, First Trust Advisors LP and Bedel Financial Consulting Inc.. Company insiders that have sold Middleby company stock in the last year include Chapin Sarah Palisi and John R Miller III. View Insider Buying and Selling for Middleby.

Which major investors are buying Middleby stock?

MIDD stock was bought by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Stephens Investment Management Group LLC, PenderFund Capital Management Ltd., Envestnet Asset Management Inc., Russell Investments Group Ltd. and Boston Trust Walden Corp. Company insiders that have bought Middleby stock in the last two years include Nassem Ziyad and Robert A Nerbonne. View Insider Buying and Selling for Middleby.

How do I buy shares of Middleby?

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

What is Middleby's stock price today?

One share of MIDD stock can currently be purchased for approximately $117.53.

How big of a company is Middleby?

Middleby has a market capitalization of $6.60 billion and generates $2.72 billion in revenue each year. The industrial products company earns $317.15 million in net income (profit) each year or $6.10 on an earnings per share basis. Middleby employs 9,346 workers across the globe.View Additional Information About Middleby.

What is Middleby's official website?

The official website for Middleby is http://www.middleby.com/.

How can I contact Middleby?

Middleby's mailing address is 1400 TOASTMASTER DRIVE, ELGIN IL, 60120. The industrial products company can be reached via phone at 847-741-3300 or via email at [email protected]


MarketBeat Community Rating for Middleby (NASDAQ MIDD)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  307 (Vote Outperform)
Underperform Votes:  392 (Vote Underperform)
Total Votes:  699
MarketBeat's community ratings are surveys of what our community members think about Middleby and other stocks. Vote "Outperform" if you believe MIDD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MIDD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel