The Middleby Corporation (MIDD)
| Market Cap | 7.72B |
| Revenue (ttm) | 2.57B |
| Net Income (ttm) | 264.45M |
| Shares Out | 54.98M |
| EPS (ttm) | 4.79 |
| PE Ratio | 29.80 |
| Forward PE | 23.20 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | February 24 |
| Last Price | $142.66 |
| Previous Close | $137.13 |
| Change ($) | 5.53 |
| Change (%) | 4.03% |
| Day's Open | 136.82 |
| Day's Range | 136.82 - 144.10 |
| Day's Volume | 1,137,806 |
| 52-Week Range | 41.73 - 149.39 |
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.
Ramp up of production level and strong growth in domestic orders are expected to get reflected in majority of industrial stocks' quarterly results. The impacts of the coronavirus outbreak will...
Middleby's (MIDD) acquisition of United Foodservice Equipment Group will create strong growth opportunities for the company in the commercial foodservice equipment market.
Middleby (MIDD) stands to benefit from revival of its restaurant business, investments in product innovation and technological advancement actions. The pandemic-led market downturn is concerning.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Zhuhai Guangdong China-based United Foodservice Equipment Group. The company is a leade...
These three companies will emerge as winners from the COVID-19 vaccines.
Middleby's (MIDD) acquisition of Wild Goose Filling will create strong growth opportunities for the company in the canned beverages market.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Wild Goose Filling, a leader in the design, manufacture and service of specialty liquid...
Middleby (MIDD) reported earnings 30 days ago. What's next for the stock?
Pfizer's vaccine news gives new life to the restaurant sector.
Middleby's (MIDD) Q3 earnings results reflect the adverse impact of the pandemic on its operations, especially for the Commercial Foodservice Equipment Group. Also, weak margins hurt results.
The Middleby Corporation (MIDD) CEO Timothy FitzGerald on Q3 2020 Results - Earnings Call Transcript
The Middleby Corporation (MIDD) CEO Timothy FitzGerald on Q3 2020 Results - Earnings Call Transcript
Middleby (MIDD) delivered earnings and revenue surprises of 31.37% and 6.32%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen in...
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the launch of Bluezone by Middleby, a patented, advanced technology for indoor air purification. Middleby ...
Machinery stocks' results for the July-September quarter are likely to reflect impacts of reviving demand, cost-saving actions and lingering pandemic-woes among others. PH, MIDD & FLS are pois...
Middleby (MIDD) possesses 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) 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 2020 third quarter earnings on Thursday, November 5 before the market opens. The company h...
Middleby (MIDD) stands to benefit from a strong product portfolio, improving order trends, solid backlog and acquisitions. However, its debt level remains high.
The stock market is the most expensive in 20 years. However, investors need to understand that most of 2020's strong returns were concentrated in a small portion of momentum stocks.
With the S&P 500 up more than 6% year to date despite U.S. gross domestic declining more than 30% in the first half of 2020, many investors who missed the brief window of opportunity during th...
The maker of professional-grade ovens and kitchen ventilation systems crushed Wall Street's second-quarter expectations.
Middleby (MIDD) reported earnings 30 days ago. What's next for the stock?
According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of Sept.
Middleby (MIDD) prices $650 million worth of convertible senior notes offering. The proceeds will be used for the satisfaction of general corporate purposes and repaying debts.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (Nasdaq: MIDD; “Middleby” or the “Company”), a leading worldwide manufacturer of equipment for the commercial foodservice, food processin...
Middleby's (MIDD) decides to amend its senior credit facility and offer senior notes. The moves are in sync with its plans to reshape its capital structure.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation, Inc.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation, Inc.
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Middleby's (MIDD) Q2 earnings results reflect the adverse impacts of the pandemic on its operations, leading to lower organic sales in all segments, and weakness in margins.
The Middleby Corporation (MIDD) CEO Timothy FitzGerald on Q2 2020 Results - Earnings Call Transcript
The Middleby Corporation (MIDD) CEO Timothy FitzGerald on Q2 2020 Results - Earnings Call Transcript
Q2 was a hit to sales and earnings, but Middleby is growing again.
Middleby (MIDD) delivered earnings and revenue surprises of 34.15% and 4.59%, respectively, for the quarter ended June 2020. 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.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen in...
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2020 second quarter earnings on Wednesday, August 5 before the market opens.
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.
Industrial production rises the most on a month-over-month basis in June since the beginning of 2020. The results reflect healthy growth in the manufacturing and utilities sector.
The leading maker of restaurant-grade ovens, deep fryers, and ventilation systems rose on the wings of a bullish analyst report.
Middleby's (MIDD) segments face risks from the pandemic-related uncertainties and high leverage position. However, healthy liquidity, buyouts and cost-saving measures are likely to aid.
A rising COVID-19 tide lifted lots of boats, particularly in the restaurant sector, which suffered deep drops in the spring.
Middleby (MIDD) reported earnings 30 days ago. What's next for the stock?
An unexpectedly strong jobs report plus New York's second phase of reopening raise investor hopes.
Middleby (MIDD), with a 38% decline in shares so far in 2020, faces the adverse impacts of the pandemic, high debts and forex woes. However, cost-reduction actions might aid.
Investors applauded some good news in the battle against the COVID-19 pandemic, as consumers could trickle back to their favorite restaurants again.
Consumer-facing companies of all stripes are jumping as medical research company Moderna reported promising results in an early-stage coronavirus vaccine.
About MIDD
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...]
| Industry Specialty Industrial Machinery | Founded 1888 |
| CEO Timothy Fitzgerald | Employees 9,778 |
| Stock Exchange NASDAQ | Ticker Symbol MIDD |
Financial Performance
In 2019, MIDD's revenue was $2.96 billion, an increase of 8.69% compared to the previous year's $2.72 billion. Earnings were $352.24 million, an increase of 11.06%.
Analyst Forecasts
According to 8 analysts, the average rating for MIDD stock is "Buy." The 12-month stock price forecast is 148.29, which is an increase of 3.95% from the latest price.