The Middleby Corporation (MIDD)
|Net Income (ttm)||322.20M|
|Day's Range||174.80 - 177.72|
|52-Week Range||97.66 - 196.49|
|Price Target||214.00 (+22.0%)|
|Est. Earnings Date||Nov 4, 2021|
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, ... [Read more...]
In 2020, MIDD's revenue was $2.51 billion, a decrease of -15.08% compared to the previous year's $2.96 billion. Earnings were $207.29 million, a decrease of -41.15%.Financial Statements
According to 10 analysts, the average rating for MIDD stock is "Buy." The 12-month stock price forecast is 214.00, which is an increase of 21.99% from the latest price.
Middleby (MIDD) is poised to gain from solid growth in orders for products, acquired assets, and robust liquidity position. Rising costs and softness at the restaurant industry are concerning.
Middleby's (MIDD) acquisition of Imperial Commercial Cooking Equipment is likely to boost its product offerings in the commercial kitchen end market and expand its presence across the west coast.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Imperial Commercial Cooking Equipment. Based in Corona, Calif., the company manufactures ranges, ...
We have narrowed down our search to five manufacturing stocks with strong growth potential for 2021. These are: DE, DOV, HUBB, MIDD and IEX.
We have narrowed down our search to five industrial product stocks that have strong growth potential for the rest of 2021. These are: DE, DOV, IR, IEX and MIDD.
Middleby (MIDD) stands to benefit from strong growth in orders for products, acquired assets and robust liquidity position.
Middleby (MIDD) Q2 earnings results reflect gains from solid product demand and improving market conditions. Solid demand, and costs and supply-chain woes to impact its performance in the second half.
Middleby Corp (NASDAQ: MIDD) reported second-quarter sales growth of 71.4% year-over-year to $808.77 million, +64.8% on an organic basis, beating the consensus of $803.17 million. Sales by segments: Com...
Middleby (MIDD) delivered earnings and revenue surprises of 1.93% and 0.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of The Middleby (NASDAQ:MIDD) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 283.64% year over year to $2.11, which beat the estimate of $2.04.
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, ...
The Middleby Corporation (MIDD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Middleby (MIDD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2021 second quarter earnings on Thursday, August 12 before the market opens. The company has schedul...
Middleby (MIDD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Middleby (MIDD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Middleby (MIDD) receives a termination fee of $110 million in cash from Welbilt as their merger agreement gets terminated.
Middleby's (MIDD) Novy buyout is anticipated to expand product offerings and customer base in the residential built-in cooking market.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) (“Middleby”) today announced that, under the terms of its previously announced Merger Agreement with Welbilt, Inc. (NYSE: WBT), it w...
Middleby Corp (NASDAQ: MIDD) has acquired Novy , a manufacturer of premium residential ventilation hoods and cooktops based in Belgium, with sales of ~$90 million annually and EBITDA margins in excess o...
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Novy, a leading manufacturer of premium residential ventilation hoods and cooktops based in Belgi...