Middleby Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 18/183 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 153.75.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Middleby Corp's Score
Industry at a Glance
Industry Ranking
18 / 183
Overall Ranking
81 / 4582
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
10
analysts
Buy
Current Rating
153.750
Target Price
+19.94%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Middleby Corp Highlights
StrengthsRisks
The Middleby Corporation is a manufacturer of equipment for the commercial foodservice, residential kitchens and food processing industries. The Company’s segments include the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The Commercial Foodservice Equipment Group segment has a portfolio of foodservice equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage application within a commercial kitchen or foodservice operation. The Food Processing Equipment Group segment offers a portfolio of processing solutions for customers producing protein products, such as bacon, salami, hot dogs, dinner sausages, poultry and lunchmeats and bakery products, such as cakes, muffins, cookies, crackers, pastries, bread and buns. The Residential Kitchen Equipment Group segment manufactures, sells and distributes premium kitchen equipment for the residential market.
Undervalued
The company’s latest PE is -37.53, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 56.27M shares, decreasing 11.62% quarter-over-quarter.
The Middleby Corporation is a manufacturer of equipment for the commercial foodservice, residential kitchens and food processing industries. The Company’s segments include the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The Commercial Foodservice Equipment Group segment has a portfolio of foodservice equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage application within a commercial kitchen or foodservice operation. The Food Processing Equipment Group segment offers a portfolio of processing solutions for customers producing protein products, such as bacon, salami, hot dogs, dinner sausages, poultry and lunchmeats and bakery products, such as cakes, muffins, cookies, crackers, pastries, bread and buns. The Residential Kitchen Equipment Group segment manufactures, sells and distributes premium kitchen equipment for the residential market.
Ticker SymbolMIDD
CompanyMiddleby Corp
CEOFitzgerald (Timothy J)
Websitehttps://www.middleby.com/
FAQs
What is the current price of Middleby Corp (MIDD)?
The current price of Middleby Corp (MIDD) is 147.640.
What is the symbol of Middleby Corp?
The ticker symbol of Middleby Corp is MIDD.
What is the 52-week high of Middleby Corp?
The 52-week high of Middleby Corp is 182.730.
What is the 52-week low of Middleby Corp?
The 52-week low of Middleby Corp is 110.820.
What is the market capitalization of Middleby Corp?
The market capitalization of Middleby Corp is 7.44B.
What is the net income of Middleby Corp?
The net income of Middleby Corp is 428.43M.
Is Middleby Corp (MIDD) currently rated as Buy, Hold, or Sell?
According to analysts, Middleby Corp (MIDD) has an overall rating of Buy, with a price target of 153.750.
What is the Earnings Per Share (EPS TTM) of Middleby Corp (MIDD)?
The Earnings Per Share (EPS TTM) of Middleby Corp (MIDD) is -3.934.