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The Middleby Corporation (MIDD)

Stock Price: $142.66 USD 5.53 (4.03%)
Updated Feb 24, 2021 4:00 PM EST - Market closed
Pre-market: $144.88 +2.22 (1.56%) Feb 25, 8:20 AM
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

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Zacks Investment Research - 2 weeks ago

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.

Zacks Investment Research - 3 weeks ago

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...

Other stocks mentioned: AIMC, IRBT, ITW, PH
Zacks Investment Research - 2 months ago

Middleby's (MIDD) acquisition of United Foodservice Equipment Group will create strong growth opportunities for the company in the commercial foodservice equipment market.

Zacks Investment Research - 2 months ago

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.

Business Wire - 2 months ago

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...

The Motley Fool - 2 months ago

These three companies will emerge as winners from the COVID-19 vaccines.

Other stocks mentioned: AXTA, UPS
Zacks Investment Research - 2 months ago

Middleby's (MIDD) acquisition of Wild Goose Filling will create strong growth opportunities for the company in the canned beverages market.

Business Wire - 2 months ago

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...

Zacks Investment Research - 2 months ago

Middleby (MIDD) reported earnings 30 days ago. What's next for the stock?

The Motley Fool - 3 months ago

Pfizer's vaccine news gives new life to the restaurant sector.

Other stocks mentioned: CHEF, KO
Zacks Investment Research - 3 months ago

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.

Seeking Alpha - 3 months ago

The Middleby Corporation (MIDD) CEO Timothy FitzGerald on Q3 2020 Results - Earnings Call Transcript

The Motley Fool - 3 months ago

Sales and profits slipped -- but not as badly as feared.

Zacks Investment Research - 3 months ago

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?

Business Wire - 3 months ago

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...

Business Wire - 3 months ago

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 ...

Zacks Investment Research - 3 months ago

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...

Other stocks mentioned: FLS, PH
Zacks Investment Research - 3 months ago

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.

Zacks Investment Research - 3 months ago

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.

Business Wire - 3 months ago

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...

Zacks Investment Research - 4 months ago

Middleby (MIDD) stands to benefit from a strong product portfolio, improving order trends, solid backlog and acquisitions. However, its debt level remains high.

Seeking Alpha - 4 months ago

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.

Other stocks mentioned: HPQ, KFY, MLHR, WSM
GuruFocus - 5 months ago

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...

Other stocks mentioned: ROST, ULTA
The Motley Fool - 5 months ago

The maker of professional-grade ovens and kitchen ventilation systems crushed Wall Street's second-quarter expectations.

Zacks Investment Research - 5 months ago

Middleby (MIDD) reported earnings 30 days ago. What's next for the stock?

GuruFocus - 5 months ago

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.

Other stocks mentioned: AYI, JWN, NVR, SNX
Zacks Investment Research - 6 months ago

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.

Business Wire - 6 months ago

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...

Zacks Investment Research - 6 months ago

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.

Business Wire - 6 months ago

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation, Inc.

Business Wire - 6 months ago

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation, Inc.

InvestorPlace - 6 months ago

When investors think of Nasdaq stocks to buy, they mostly gravitate to technology names. Here are 10 stocks that don't follow this trend.

Other stocks mentioned: AY, BPY, EA, FANG, FRPT, ISRG, LULU, SIVB, WDFC
The Motley Fool - 6 months ago

These bargains will put some summer fun into your portfolio.

Other stocks mentioned: BIP, PNR
Zacks Investment Research - 6 months ago

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.

Seeking Alpha - 6 months ago

The Middleby Corporation (MIDD) CEO Timothy FitzGerald on Q2 2020 Results - Earnings Call Transcript

The Motley Fool - 6 months ago

Q2 was a hit to sales and earnings, but Middleby is growing again.

Zacks Investment Research - 6 months ago

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?

Benzinga - 6 months ago

Shares of The Middleby (NASDAQ:MIDD) remained unaffected after the company reported Q2 results.

Business Wire - 6 months ago

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...

Business Wire - 6 months ago

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.

Zacks Investment Research - 6 months ago

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.

Zacks Investment Research - 7 months ago

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.

Other stocks mentioned: AGCO, AIMC, FBHS, SWK
The Motley Fool - 7 months ago

The leading maker of restaurant-grade ovens, deep fryers, and ventilation systems rose on the wings of a bullish analyst report.

Zacks Investment Research - 8 months ago

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.

The Motley Fool - 8 months ago

A rising COVID-19 tide lifted lots of boats, particularly in the restaurant sector, which suffered deep drops in the spring.

Other stocks mentioned: CBRL, EAT, QSR, TXRH
Zacks Investment Research - 8 months ago

Middleby (MIDD) reported earnings 30 days ago. What's next for the stock?

The Motley Fool - 8 months ago

An unexpectedly strong jobs report plus New York's second phase of reopening raise investor hopes.

Other stocks mentioned: AA, HOG
Zacks Investment Research - 8 months ago

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.

The Motley Fool - 8 months ago

Investors applauded some good news in the battle against the COVID-19 pandemic, as consumers could trickle back to their favorite restaurants again.

Other stocks mentioned: PFGC, USFD
The Motley Fool - 9 months ago

Consumer-facing companies of all stripes are jumping as medical research company Moderna reported promising results in an early-stage coronavirus vaccine.

Other stocks mentioned: LYV, TRIP

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$148.29
(3.95% upside)
Analyst Consensus: Buy