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.
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Industry, Sector and Symbol
Industry Refrigeration & service industry machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Phone847-741-3300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.96 billion
Profitability
Miscellaneous
Employees9,346
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable
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 Friday, June 27th 2014. The 3-1 split was announced on Friday, May 30th 2014. The newly minted shares were payable to shareholders after the market closes 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) issued its quarterly earnings results on Wednesday, February, 26th. The industrial products company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.71 by $0.29. The industrial products company earned $787.63 million during the quarter, compared to the consensus estimate of $759.84 million. Middleby had a return on equity of 21.08% and a net margin of 11.90%. The business's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.79 earnings per share. View Middleby's Earnings History.
When is Middleby's next earnings date?
What price target have analysts set for MIDD?
6 equities research analysts have issued 12-month target prices for Middleby's shares. Their forecasts range from $125.00 to $160.00. On average, they anticipate Middleby's stock price to reach $144.60 in the next twelve months. This suggests a possible upside of 30.5% from the stock's current price. View Analyst Price Targets for Middleby.
What is the consensus analysts' recommendation for Middleby?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Middleby in the last year. There are currently 3 hold ratings, 2 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 headlines about MIDD stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Middleby earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Middleby.
Are investors shorting Middleby?
Middleby saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 2,500,000 shares, an increase of 8.2% from the January 30th total of 2,310,000 shares. Based on an average daily trading volume, of 385,800 shares, the days-to-cover ratio is presently 6.5 days. Currently, 4.6% of the company's shares are sold short. View Middleby's Current Options Chain.
Who are some of Middleby's key competitors?
Some companies that are related to Middleby include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Graco (GGG), Nordson (NDSN), Snap-on (SNA), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and Flowserve (FLS).
What other stocks do shareholders of Middleby own?
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 shareholders include Capital Research Global Investors (7.23%), Fiera Capital Corp (5.99%), Janus Henderson Group PLC (4.73%), Rothschild & Co Wealth Management UK Ltd (3.30%), Capital World Investors (2.87%) and State Street Corp (2.09%). Company insiders that own Middleby stock include Chapin Sarah Palisi, John R Miller III, Nassem Ziyad and Robert A Nerbonne. View Institutional Ownership Trends for Middleby.
Which institutional investors are selling Middleby stock?
MIDD stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, William Blair Investment Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., Fred Alger Management LLC, First Trust Advisors LP, Bank of New York Mellon Corp and Alta Capital Management LLC. 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 institutional investors are buying Middleby stock?
MIDD stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Fiera Capital Corp, Marshall Wace North America L.P., CI Investments Inc., ArrowMark Colorado Holdings LLC, Renaissance Technologies LLC, Norris Perne & French LLP MI 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, Robinhood, Fidelity and Charles Schwab.
What is Middleby's stock price today?
One share of MIDD stock can currently be purchased for approximately $110.84.
How big of a company is Middleby?
Middleby has a market capitalization of $6.22 billion and generates $2.96 billion in revenue each year. The industrial products company earns $317.15 million in net income (profit) each year or $7.02 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?
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)
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.
