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The Middleby Corporation (MIDD)

144.02 -1.34 (-0.92%)
As of 2:20 PM EDT. Market Open.
Loading Chart for MIDD
DELL
  • Previous Close 145.36
  • Open 144.62
  • Bid 143.79 x 100
  • Ask 144.27 x 100
  • Day's Range 143.55 - 145.76
  • 52 Week Range 109.59 - 161.01
  • Volume 94,624
  • Avg. Volume 354,754
  • Market Cap (intraday) 7.743B
  • Beta (5Y Monthly) 1.57
  • PE Ratio (TTM) 19.44
  • EPS (TTM) 7.41
  • Earnings Date May 8, 2024 - May 13, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date Jun 2, 2004
  • 1y Target Est 172.00

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, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and automated washing systems, auto-guided vehicles, food safety, food handling, freezing, and defrosting and packaging equipment. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, cooktops, microwaves, ovens, refrigerators, dishwashers, undercounter refrigeration, wine cellars, ice machines, beer dispensers, mixers, rotisseries, and ventilation and outdoor cooking 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.

www.middleby.com

10,722

Full Time Employees

December 30

Fiscal Year Ends

Recent News: MIDD

Performance Overview: MIDD

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MIDD
2.14%
S&P 500
6.22%

1-Year Return

MIDD
1.54%
S&P 500
22.57%

3-Year Return

MIDD
20.89%
S&P 500
21.21%

5-Year Return

MIDD
7.94%
S&P 500
72.70%

Compare To: MIDD

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Statistics: MIDD

Valuation Measures

Annual
As of 4/23/2024
  • Market Cap

    7.81B

  • Enterprise Value

    10.01B

  • Trailing P/E

    19.60

  • Forward P/E

    14.18

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.95

  • Price/Book (mrq)

    2.40

  • Enterprise Value/Revenue

    2.48

  • Enterprise Value/EBITDA

    12.97

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.93%

  • Return on Assets (ttm)

    6.66%

  • Return on Equity (ttm)

    13.26%

  • Revenue (ttm)

    4.04B

  • Net Income Avi to Common (ttm)

    400.88M

  • Diluted EPS (ttm)

    7.41

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    250.39M

  • Total Debt/Equity (mrq)

    78.13%

  • Levered Free Cash Flow (ttm)

    464.34M

Research Analysis: MIDD

Analyst Price Targets

160.00
172.00 Average
144.02 Current
184.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: MIDD

Fair Value

144.02 Current
 

Dividend Score

0 Low
MIDD
Sector Avg.
100 High
 

Hiring Score

0 Low
MIDD
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
MIDD
Sector Avg.
100 High
 

Research Reports: MIDD

  • MIDD: Lowering target price to $150.00

    MIDDLEBY CORP has an Investment Rating of HOLD; a target price of $150.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • MIDD: Lowering target price to $161.00

    MIDDLEBY CORP has an Investment Rating of HOLD; a target price of $161.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • MIDD: Lowering target price to $163.00

    MIDDLEBY CORP has an Investment Rating of HOLD; a target price of $163.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • MIDD: Raising target price to $164.00

    MIDDLEBY CORP has an Investment Rating of HOLD; a target price of $164.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     

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