NASDAQ:MIDD

The Middleby Stock Forecast, Price & News

$194.00
+3.24 (+1.70 %)
(As of 08/3/2021 12:00 AM ET)
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Today's Range
$188.80
$194.15
50-Day Range
$161.00
$194.00
52-Week Range
$82.68
$194.44
Volume460,285 shs
Average Volume706,299 shs
Market Capitalization$10.79 billion
P/E Ratio48.26
Dividend YieldN/A
Beta1.74
30 days | 90 days | 365 days | Advanced Chart
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The Middleby logo

About The Middleby

The Middleby Corporation designs, manufactures, markets, distributes, and services a range of 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 conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers; steam cooking, food warming, catering, induction cooking, countertop cooking, and kitchen ventilation equipment; heated cabinets, charbroilers, ventless cooking systems, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, freezers; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; grinders, slicers, reduction and emulsion systems, mixers, blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.

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MarketRank

Overall MarketRank

1.67 out of 5 stars

Industrial Products Sector

176th out of 237 stocks

Refrigeration & Service Industry Machinery Industry

5th out of 6 stocks

Analyst Opinion: 1.4Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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The Middleby (NASDAQ:MIDD) Frequently Asked Questions

Is The Middleby a buy right now?

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

What stocks does MarketBeat like better than The Middleby?

Wall Street analysts have given The Middleby a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Middleby wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is The Middleby's next earnings date?

The Middleby is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for The Middleby
.

How were The Middleby's earnings last quarter?

The Middleby Co. (NASDAQ:MIDD) released its earnings results on Thursday, May, 6th. The industrial products company reported $1.79 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $0.16. The industrial products company had revenue of $758.06 million for the quarter, compared to analysts' expectations of $714.50 million. The Middleby had a trailing twelve-month return on equity of 14.70% and a net margin of 8.59%. The firm's revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.46 earnings per share.
View The Middleby's earnings history
.

How has The Middleby's stock been impacted by COVID-19?

The Middleby's stock was trading at $86.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MIDD shares have increased by 123.1% and is now trading at $194.00.
View which stocks have been most impacted by COVID-19
.

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

The 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 issued to shareholders after the closing bell on Thursday, June 26th 2014. An investor that had 100 shares of The Middleby stock prior to the split would have 300 shares after the split.

What guidance has The Middleby issued on next quarter's earnings?

The Middleby updated its FY 2021 earnings guidance on Tuesday, August, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.24 billion-$3.24 billion, compared to the consensus revenue estimate of $3.16 billion.

What price target have analysts set for MIDD?

8 analysts have issued twelve-month price objectives for The Middleby's stock. Their forecasts range from $169.00 to $250.00. On average, they anticipate The Middleby's stock price to reach $208.00 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price.
View analysts' price targets for The Middleby
or view top-rated stocks among Wall Street analysts.

Who are The Middleby's key executives?

The Middleby's management team includes the following people:
  • Mr. Timothy J. FitzGerald, CEO & Director (Age 51, Pay $982.18k)
  • Mr. Bryan E. Mittelman, Chief Financial Officer (Age 50, Pay $431.04k)
  • Mr. Martin M. Lindsay, Treasurer, Sec. and Chief Risk & Admin. Officer (Age 56, Pay $356.18k)
  • Mr. James K. Pool III, Chief Technology & Operations Officer (Age 49)
  • Mr. Partha Biswas, Division Pres of Middleby India & Global Chief Information Officer
  • Darcy Bretz, Director of Corp. Communications
  • Mr. Selim A. Bassoul, Consultant (Age 64)
  • Mr. David Abi, Pres of CookTek and Pres of Carter-Hoffmann, Doyon & Nu-Vu
  • Mr. Steve Spittle, Chief Commercial Officer
  • Mr. George F. Koether, Group Pres of business operations in Asia

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

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

Who are some of The Middleby's key competitors?

What other stocks do shareholders of The Middleby own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Middleby investors own include Starbucks (SBUX), The 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 The Middleby's stock symbol?

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

Who are The Middleby's major shareholders?

The Middleby's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (3.91%), Sarasin & Partners LLP (2.84%), Alliancebernstein L.P. (2.74%), Ardevora Asset Management LLP (0.64%), Boston Trust Walden Corp (0.62%) and Westwood Management Corp IL (0.17%). Company insiders that own The Middleby stock include Chapin Sarah Palisi, Nassem Ziyad, Robert A Nerbonne and Timothy John Fitzgerald.
View institutional ownership trends for The Middleby
.

Which institutional investors are selling The Middleby stock?

MIDD stock was sold by a variety of institutional investors in the last quarter, including Sarasin & Partners LLP, Boston Trust Walden Corp, State of Michigan Retirement System, Arizona State Retirement System, DORCHESTER WEALTH MANAGEMENT Co, Sumitomo Mitsui Trust Holdings Inc., Oppenheimer Asset Management Inc., and Texas Permanent School Fund.
View insider buying and selling activity for The Middleby
or view top insider-selling stocks.

Which institutional investors are buying The Middleby stock?

MIDD stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Westwood Management Corp IL, Alliancebernstein L.P., Ardevora Asset Management LLP, New York State Common Retirement Fund, Leith Wheeler Investment Counsel Ltd., Zurcher Kantonalbank Zurich Cantonalbank , and Addenda Capital Inc.. Company insiders that have bought The Middleby stock in the last two years include Nassem Ziyad, Robert A Nerbonne, and Timothy John Fitzgerald.
View insider buying and selling activity for The Middleby
or or view top insider-buying stocks.

How do I buy shares of The Middleby?

Shares of MIDD 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 The Middleby's stock price today?

One share of MIDD stock can currently be purchased for approximately $194.00.

How much money does The Middleby make?

The Middleby has a market capitalization of $10.79 billion and generates $2.51 billion in revenue each year. The industrial products company earns $207.29 million in net income (profit) each year or $4.96 on an earnings per share basis.

How many employees does The Middleby have?

The Middleby employs 5,413 workers across the globe.

When was The Middleby founded?

The Middleby was founded in 1888.

What is The Middleby's official website?

The official website for The Middleby is www.middleby.com.

Where are The Middleby's headquarters?

The Middleby is headquartered at 1400 TOASTMASTER DRIVE, ELGIN IL, 60120.

How can I contact The Middleby?

The 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 middlebycorporation.gcs-web.com.


This page was last updated on 8/3/2021 by MarketBeat.com Staff
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