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The Middleby Corporation (MIDD)

Stock Price: $103.99 USD -0.66 (-0.63%)
Updated Aug 12, 2020 4:00 PM EDT - Market closed
After-hours: $103.99 0.00 (0.00%) Aug 12, 4:00 PM

Stock Price Chart

Key Info

Market Cap 5.78B
Revenue (ttm) 2.66B
Net Income (ttm) 285.96M
Shares Out 55.62M
EPS (ttm) 5.16
PE Ratio 20.15
Forward PE 19.49
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 12, 2020
Last Price $103.99
Previous Close $104.65
Change ($) -0.66
Change (%) -0.63%
Day's Open 106.00
Day's Range 103.05 - 106.00
Day's Volume 893,453
52-Week Range 41.73 - 128.48

More Stats

Market Cap 5.78B
Enterprise Value 7.53B
Earnings Date (est) Nov 10, 2020
Ex-Dividend Date n/a
Shares Outstanding 55.62M
Float 54.30M
EPS (basic) 5.15
EPS (diluted) 5.16
FCF / Share 7.32
Dividend n/a
Dividend Yield n/a
Earnings Yield 4.96%
FCF Yield 6.96%
Payout Ratio n/a
Shares Short 9.98M
Short Ratio 14.99
Short % of Float 22.65%
Beta 1.62
PE Ratio 20.15
Forward PE 19.49
P/FCF Ratio 14.38
PS Ratio 2.17
PB Ratio 2.86
Revenue 2.66B
Operating Income 417.91M
Net Income 285.96M
Free Cash Flow 402.29M
Net Cash -1.75B
Net Cash / Share -31.41
Gross Margin 41.47%
Operating Margin 15.70%
Profit Margin 10.70%
FCF Margin 15.12%
ROA 5.43%
ROE 15.30%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (8)

Buy 3
Overweight 2
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$104.86*
(0.84% upside)
Low
60.0
Current: $103.99
High
122.0
Target: 104.86
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,9592,7232,3362,2681,8271,6371,4291,038856719
Revenue Growth8.69%16.59%2.98%24.16%11.61%14.55%37.62%21.3%19.02%-
Gross Profit1,1031,004913901707641550403344287
Operating Income514446379419303300244188149123
Net Income35231729828419219315412195.4772.87
Shares Outstanding55.6555.5856.7257.0356.9556.7655.8354.3853.9953.40
Earnings Per Share6.335.705.264.983.363.402.742.201.721.32
EPS Growth11.05%8.37%5.62%48.21%-1.18%24.09%24.55%28.13%29.78%-
Operating Cash Flow37736930429425023414612813097.96
Capital Expenditures-46.61-36.04-40.22-24.82-22.36-13.14-14.64-7.65-7.84-3.16
Free Cash Flow33133326426922722113212112394.80
Cash & Equivalents94.5071.7089.6568.4955.5343.9536.8934.3740.227.66
Total Debt1,8731,8921,029732766598572260317214
Net Cash / Debt-1,779-1,820-939-664-711-554-535-226-277-206
Assets5,0024,5503,3402,9172,7612,0661,8191,2441,147873
Liabilities3,0552,8851,9791,6521,5941,059981594636448
Book Value1,9471,6651,3611,2651,1671,007838650511425
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name The Middleby Corporation
Country United States
Employees 9,778
CEO Timothy John Fitzgerald

Stock Information

Ticker Symbol MIDD
Stock Exchange NASDAQ
Sector Industrials
Industry Specialty Industrial Machinery
Unique Identifier NASDAQ: MIDD

Description

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, and home and professional craft brewing equipment for quick and full-service restaurants, convenience stores, retail outlets, hotels, and other institutions. 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.