NASDAQ:MIDD - Middleby Stock Price, News & Analysis

$107.25
-2.18 (-1.99 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$105.77
Now: $107.25
$109.37
50-Day Range
$106.93
MA: $127.31
$141.42
52-Week Range
$96.65
Now: $107.25
$142.98
Volume568,700 shs
Average Volume453,772 shs
Market Capitalization$5.97 billion
P/E Ratio17.58
Dividend YieldN/A
Beta1.6
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$7.6172 per share
Book Value$32.30 per share

Profitability

Net Income$317.15 million

Miscellaneous

Employees9,346
Market Cap$5.97 billion
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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?

Middleby shares 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 will Middleby's stock buyback program work?

Middleby announced that its board has authorized a stock repurchase plan on Wednesday, November 15th 2017, which allows the company to repurchase 2,500,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

How were Middleby's earnings last quarter?

Middleby Corp (NASDAQ:MIDD) issued its quarterly earnings results on Wednesday, August, 7th. The industrial products company reported $1.70 earnings per share for the quarter, missing analysts' consensus estimates of $1.77 by $0.07. The industrial products company had revenue of $761 million for the quarter, compared to analysts' expectations of $774.13 million. Middleby had a net margin of 11.27% and a return on equity of 21.17%. Middleby's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the company posted $1.63 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, November 6th 2019. View Earnings Estimates for Middleby.

What price target have analysts set for MIDD?

7 equities research analysts have issued 1 year price objectives for Middleby's shares. Their forecasts range from $125.00 to $160.00. On average, they anticipate Middleby's share price to reach $144.1667 in the next year. This suggests a possible upside of 34.4% 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 2 hold ratings, 4 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?

News stories about MIDD stock have trended positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Middleby earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for Middleby.

Are investors shorting Middleby?

Middleby saw a decline in short interest in July. As of July 31st, there was short interest totalling 3,048,700 shares, a decline of 5.2% from the June 30th total of 3,214,700 shares. Based on an average trading volume of 421,900 shares, the days-to-cover ratio is presently 7.2 days. Currently, 5.6% of the shares of the stock 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), Gilead Sciences (GILD), Booking (BKNG), NVIDIA (NVDA), Netflix (NFLX) and Alibaba Group (BABA).

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 a number of of institutional and retail investors. Top institutional investors include EdgePoint Investment Group Inc. (9.60%), Vanguard Group Inc. (8.85%), Fiera Capital Corp (5.21%), BlackRock Inc. (4.96%), BlackRock Inc. (4.96%) and Janus Henderson Group PLC (4.60%). Company insiders that own Middleby stock include Chapin Sarah Palisi, Gordon Obrien, 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 Bares Capital Management Inc., EdgePoint Investment Group Inc., Point72 Asset Management L.P., Price T Rowe Associates Inc. MD, SG Americas Securities LLC, Ellis Investment Partners LLC, Westpac Banking Corp and Daiwa Securities Group 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 purchased by a variety of institutional investors in the last quarter, including Eminence Capital LP, Nuveen Asset Management LLC, Renaissance Technologies LLC, Wells Fargo & Company MN, Janus Henderson Group PLC, Janus Henderson Group PLC, Victory Capital Management Inc. and Pictet Asset Management Ltd.. 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, Scottrade, Fidelity and Charles Schwab.

What is Middleby's stock price today?

One share of MIDD stock can currently be purchased for approximately $107.25.

How big of a company is Middleby?

Middleby has a market capitalization of $5.97 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:  297 (Vote Outperform)
Underperform Votes:  370 (Vote Underperform)
Total Votes:  667
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 8/23/2019 by MarketBeat.com Staff

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