The Middleby Corporation (MIDD)

Market Cap	7.25B
Revenue (ttm)	3.87B
Net Income (ttm)	392.42M
Shares Out	53.79M
EPS (ttm)	7.26
PE Ratio	18.56
Forward PE	13.89
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,116,267
Open	131.94
Previous Close	132.72
Day's Range	131.37 - 135.83
52-Week Range	118.41 - 161.01
Beta	1.61
Analysts	Buy
Price Target	158.00 (+17.28%)
Earnings Date	Feb 18, 2025

About MIDD

The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills,...

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• Founded: 1888
• Employees: 10,722
• Stock Exchange: NASDAQ
• Ticker Symbol: MIDD
• Website: https://www.middleby.com

Financial Performance

In 2023, The Middleby Corporation's revenue was $4.04 billion, an increase of 0.09% compared to the previous year's $4.03 billion. Earnings were $400.88 million, a decrease of -8.17%.

Analyst Forecast

According to 7 analysts, the average rating for MIDD stock is "Buy." The 12-month stock price forecast is $158.0, which is an increase of 17.28% from the latest price.

Price Target

$158.0

(17.28% upside)

Analyst Consensus: Buy