The Middleby Corporation (MIDD)

NASDAQ: MIDD · Real-Time Price · USD
156.62
-1.92 (-1.21%)
Mar 25, 2025, 4:00 PM EST - Market closed
-1.21%
Market Cap 8.40B
Revenue (ttm) 3.88B
Net Income (ttm) 428.43M
Shares Out 53.62M
EPS (ttm) 7.90
PE Ratio 19.83
Forward PE 15.71
Dividend n/a
Ex-Dividend Date n/a
Volume 339,532
Open 159.54
Previous Close 158.54
Day's Range 154.81 - 159.28
52-Week Range 118.41 - 182.73
Beta 1.73
Analysts Buy
Price Target 180.75 (+15.41%)
Earnings Date May 7, 2025

About MIDD

The Middleby Corporation designs, manufactures, markets, distributes, and services commercial restaurant, 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, charco... [Read more]

Sector Industrials
Founded 1888
Employees 10,616
Stock Exchange NASDAQ
Ticker Symbol MIDD
Full Company Profile

Financial Performance

In 2024, The Middleby Corporation's revenue was $3.88 billion, a decrease of -4.00% compared to the previous year's $4.04 billion. Earnings were $428.43 million, an increase of 6.87%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for MIDD stock is "Buy." The 12-month stock price forecast is $180.75, which is an increase of 15.41% from the latest price.

Price Target
$180.75
(15.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Middleby Corporation (MIDD) Q4 2024 Earnings Call Transcript

The Middleby Corporation (MIDD) Q4 2024 Earnings Call Transcript

4 weeks ago - Seeking Alpha

Middleby Appoints Ed Garden and Julie Bowerman to its Board of Directors

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing industries, to...

4 weeks ago - Business Wire

Middleby Announces Intent to Separate Food Processing Business into a Standalone Public Company, Creating Independent Innovative Leaders in the Kitchen Equipment and Food Processing Industries

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing industries, to...

4 weeks ago - Business Wire

The Middleby Corporation Reports Fourth Quarter Results

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries...

4 weeks ago - Business Wire

Middleby Schedules Fourth Quarter Earnings Release and Conference Call

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2024 fourth quarter earnings on Tuesday, February 25 at 7 a.m. Eastern Time. The company has scheduled a conference c...

4 weeks ago - Business Wire

Middleby Confirms Ongoing Strategic Review of Business Portfolio as Part of Board of Directors' Efforts to Maximize Shareholder Value

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (“Middleby,” “The Company”) (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and re...

2 months ago - Business Wire

Middleby Acquires Gorreri Food Processing Technology

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) has announced the acquisition of Gorreri Food Processing Technology based outside Parma, Italy. Gorreri is a leading manufacturer ...

4 months ago - Business Wire

The Middleby Corporation: Organic Growth In The CF Segment Continues To Be Poor

Middleby's 3Q24 earnings were disappointing, primarily due to poor organic growth in its largest segment, Commercial Foodservice. The persistent weakness in the consumer spending environment, coupled ...

5 months ago - Seeking Alpha

Middleby Acquires JC Ford, Leader in Chip and Tortilla Production Systems

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of JC Ford, a leading manufacturer of tortilla production equipment systems. Founded in 1945, the ...

5 months ago - Business Wire

The Middleby Corporation (MIDD) Q3 2024 Earnings Call Transcript

The Middleby Corporation (NASDAQ:MIDD) Q3 2024 Results Conference Call October 31, 2024 11:00 AM ET Company Participants Tim FitzGerald - CEO James Pool - Chief Technology Officer & Chief Operations ...

5 months ago - Seeking Alpha

The Middleby Corporation Reports Third Quarter Results

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries...

5 months ago - Business Wire

Middleby Schedules Third Quarter Earnings Release and Conference Call

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2024 third quarter earnings on Thursday, October 31 before the market opens. The company has scheduled a conference c...

5 months ago - Business Wire

Middleby Acquires Emery Thompson Frozen Dessert Equipment Company

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Emery Thompson, a well-known, global brand in frozen dessert equipment. Located in Brooksville,...

5 months ago - Business Wire

Powerhouse Dynamics Returns to FSTEC 2024 for Third Consecutive Year, Showcasing Advanced Open Kitchen IoT Software with AI-Driven Energy Management

Visit Booth IA-55 for a Demonstration of the Leading IoT Solution for Foodservice Operators BOSTON , Sept. 4, 2024 /PRNewswire/ -- Powerhouse Dynamics, the leader in Internet of Things (IoT)-based sol...

7 months ago - PRNewsWire

Middleby: Rating Upgrade To Neutral Given Recent Results And Macro Developments

MIDD upgraded from sell to hold rating due to potential for strong organic growth acceleration in Commercial Foodservice segment. 2Q24 results show decline in revenue, but CF segment EBITDA margin hel...

7 months ago - Seeking Alpha

The Middleby Corporation Reports Second Quarter Results

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries...

8 months ago - Business Wire

Middleby Schedules Second Quarter Earnings Release and Conference Call

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2024 second quarter earnings on Thursday, August 1 before the market opens. The company has scheduled a conference ca...

8 months ago - Business Wire

The Middleby Corporation (MIDD) Q1 2024 Earnings Call Transcript

The Middleby Corporation (NASDAQ:MIDD) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Tim FitzGerald - Chief Executive Officer James Pool - Chief Technology Officer & C...

11 months ago - Seeking Alpha

The Middleby Corporation Reports First Quarter Results

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries...

11 months ago - Business Wire

Middleby Schedules First Quarter Earnings Release and Conference Call

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2024 first quarter earnings on Wednesday, May 8 before the market opens. The company has scheduled a conference call ...

11 months ago - Business Wire

BetterInvesting™ Magazine Update The Middleby Corp. and UnitedHealth Group

TROY, Mich. , April 19, 2024 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced The Middleby Corp. (NASDAQ: MIDD) as its "Stock to Study...

Other symbols: UNH
1 year ago - PRNewsWire

The Middleby Corporation: Continued Growth And Cheap Stock Should Lead The Way Higher

The Middleby Corporation's stock has only seen a 0.9% increase since February 2023, compared to the S&P 500's 28.1% increase. The company's revenue growth has been mixed, with the Commercial Foodservi...

1 year ago - Seeking Alpha

The Middleby Corporation (MIDD) Q4 2023 Earnings Call Transcript

The Middleby Corporation (MIDD) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Middleby Acquires GBT GmbH Bakery Technology

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of GBT GmbH Bakery Technology (GBT). Based in Lünen, Germany, the company has expertise in enginee...

1 year ago - Business Wire

Middleby Appoints Stephen Scherger and Tejas Shah to its Board of Directors

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the expansion of its Board of Directors with the appointment of Stephen Scherger and Tejas Shah. Mr. Scherger is C...

1 year ago - Business Wire