The Middleby Corporation (MIDD)

Market Cap	7.57B
Revenue (ttm)	4.04B
Net Income (ttm)	400.88M
Shares Out	53.60M
EPS (ttm)	7.41
PE Ratio	19.06
Forward PE	13.51
Dividend	n/a
Ex-Dividend Date	n/a

Volume	163,313
Open	141.42
Previous Close	141.53
Day's Range	140.82 - 142.90
52-Week Range	109.59 - 161.01
Beta	1.57
Analysts	Strong Buy
Price Target	162.11 (+14.77%)
Earnings Date	May 8, 2024

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

Financial Performance

In 2023, MIDD'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 9 analysts, the average rating for MIDD stock is "Strong Buy." The 12-month stock price forecast is $162.11, which is an increase of 14.77% from the latest price.

Price Target

$162.11

(14.77% upside)

Analyst Consensus: Strong Buy