View ValuationMiddleby 将来の成長Future 基準チェック /16Middlebyは、10.1%と3.8%でそれぞれ年率10.1%で利益と収益が成長すると予測される一方、EPSはgrowで15.2%年率。主要情報10.1%収益成長率15.25%EPS成長率Machinery 収益成長24.5%収益成長率3.8%将来の株主資本利益率n/aアナリストカバレッジGood最終更新日24 Jun 2026今後の成長に関する最新情報お知らせ • May 10The Middleby Corporation Provides Earnings Guidance for the Second Quarter of 2026The Middleby Corporation provided earnings guidance for the second quarter of 2026. For the quarter, the company expects net sales to be $815 million - $850 million.お知らせ • Nov 06The Middleby Corporation Provides Earnings Guidance for the Fourth Quarter and Year 2025The Middleby Corporation provided earnings guidance for the fourth quarter and year 2025. For the quarter, the company expects total revenue of $990 million - $1,020 million. For the year, the company expects total revenue of $3.85 billion - $3.89 billion.お知らせ • Aug 06The Middleby Corporation Provides Earnings Guidance for the Third Quarter and Year 2025The Middleby Corporation provided earnings guidance for the third quarter and year 2025. For the quarter, the company expects total revenue of $950 million to $975 million. For the year, the company expects total revenue of $3.81 million to $3.87 million.お知らせ • Feb 26+ 1 more updateThe Middleby Corporation Provides Earnings Guidance for the Year 2025The Middleby Corporation provided earnings guidance for the year 2025. For the year, the company expects to deliver organic revenue growth in the low single digits, with profitability growth at rates in excess of the company's organic revenue growth.すべての更新を表示Recent updatesお知らせ • May 12The Middleby Corporation Announces the Launch of Midera Food Processing to Operate Under the Name Midera Food Processing, IncThe Middleby Corporation announced that its Food Processing business will operate under the name Midera Food Processing Inc. (Midera). The launch reflects the continued advancement of Middleby’s Food Processing platform into a more focused, technology-driven organization delivering total line solutions. With a foundation built over decades and a portfolio of more than 30 global brands, Midera is positioned to accelerate innovation and serve customers with greater clarity and speed. The company’s new brand identity reinforces Midera’s launch as a pure play food processing company. The Midera name’s first syllable evokes the company’s heritage as part of Middleby as it enters a new era as a company entirely devoted to food processing. The Midera emblem draws from triangular elements of Middleby’s original visual identity, refined to convey precision and forward momentum. The separation of Midera into a standalone public company is expected to be completed on July 6, 2026, subject to customary conditions, including the effectiveness of Midera’s Form 10 registration statement with the U.S. Securities and Exchange Commission (“SEC”), through a distribution of Midera common stock to Middleby stockholders.お知らせ • May 10The Middleby Corporation Provides Earnings Guidance for the Second Quarter of 2026The Middleby Corporation provided earnings guidance for the second quarter of 2026. For the quarter, the company expects net sales to be $815 million - $850 million.お知らせ • Apr 30The Middleby Corporation to Report Q1, 2026 Results on May 07, 2026The Middleby Corporation announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 07, 2026お知らせ • Apr 09The Middleby Corporation, Annual General Meeting, May 19, 2026The Middleby Corporation, Annual General Meeting, May 19, 2026.お知らせ • Apr 03The Middleby Corporation Appoints Amy Campbell as Chief Financial Officer of the Food Processing Business When It Becomes an Independent Public Company in the second quarter of 2026The Middleby Corporation announced that Amy Campbell will serve as Chief Financial Officer of the Food Processing business when it becomes an independent public company in the second quarter of 2026. This appointment follows the recent announcement of Mark Salman as Chief Executive Officer and completes the leadership team that will guide the Food Processing business as it embarks on its next chapter of growth as an independent, publicly traded company. Ms. Campbell joins The Middleby Corporation, effective immediately. Ms. Campbell brings extensive financial leadership experience to Middleby Food Processing, most recently serving as CFO of REV Group Inc., a leading manufacturer of specialty vehicles, since April 2024. Before joining REV Group, Ms. Campbell was CFO of ASC Engineered Solutions, CFO for BrandSafway’s Commercial and Industrial Division and had a 23-year tenure with Caterpillar Inc. which included several segment CFO roles, as well as Vice President of Investor Relations, and Chief Audit Officer. Her experience leading finance organizations through strategic transformations, capital structure optimization, and value enhancing growth initiatives makes her uniquely qualified to establish the financial foundation for the Food Processing business as it becomes an independent public company. Ms. Campbell is a Certified Public Accountant, a Certified Internal Auditor and a Certified 6 Sigma Blackbelt. She holds a bachelor’s degree in accounting from Illinois Wesleyan University. She is also a graduate of Northwestern University’s Kellogg School of Management’s Women’s Senior Leadership program and the Digging Deep Executive Leadership program at Duke University. Ms. Campbell’s appointment completes the executive leadership team for the Food Processing business, which includes Mark Salman as Chief Executive Officer, Mark Bowie as Chief Operating Officer, Matt Fuchsen (currently Chief Development Officer of Middleby Corporation) as Chief Strategy Officer, and Rob Fagan (currently Vice President of Finance of Middleby Corporation) who will lead Investor Relations and FP&A for the independent company. This experienced leadership team brings a combination of deep industry knowledge, operational excellence, and proven track records of value creation.お知らせ • Mar 25The Middleby Corporation Announces Chief Financial Officer ChangesThe Middleby Corporation announced the appointment of Brittany Cerwin (age 42) as Chief Financial Officer, effective March 25, 2026. Ms. Cerwin succeeds Bryan Mittelman, who has served as CFO since 2019 and will transition to the role of Special Advisor to the Chief Executive Officer. Ms. Cerwin has been Chief Accounting Officer of the Company since May 2023. Ms. Cerwin joined Middleby in 2011 and has consistently taken on roles of increasing responsibility as she excelled within Middleby finance. As Chief Accounting Officer, a position she assumed in 2023, she worked closely with the executive leadership team, overseeing and directing the financial reporting functions across all Middleby business units. Her role has been critical to the integration of acquisitions and the execution of growth initiatives. Prior to being named Chief Accounting Officer, Ms. Cerwin served as Corporate Controller. Before joining Middleby, Ms. Cerwin was with Grant Thornton, LLP, Chicago. She holds both a bachelor’s degree and a master’s degree in accounting from Bradley University, Peoria, Illinois. Bryan Mittelman, the outgoing CFO, will focus exclusively on the completion of the company’s portfolio transformation, including executing the previously announced spin-off of its Food Processing business, expected by the end of the second quarter of 2026.お知らせ • Mar 06+ 1 more updateThe Middleby Corporation Appoints Glenn Eisenberg to Board of Directors, Effective March 1, 2026The Middleby Corporation announced the appointment of Glenn Eisenberg to its Board of Directors, effective March 1, 2026. With the addition of Mr. Eisenberg, the Middleby Board expands to twelve members. Mr. Eisenberg brings extensive public company leadership experience spanning life services, industrial manufacturing, and diversified industrial sectors. Most recently he served as Executive Vice President and Chief Financial Officer at Labcorp, a $13 billion global life sciences company, where he oversaw financial operations across over 100 countries until his retirement in December 2024. He continues as a Special Advisor to the company. Prior to Labcorp, Mr. Eisenberg served as Executive Vice President of Finance and Administration and Chief Financial Officer from 2002 to 2014 at The Timken Company, a leading global manufacturer of highly engineered bearings, alloy steels and related products and services. Earlier in his career, he was President and Chief Operating Officer of United Dominion Industries, a diversified industrial manufacturer, now a subsidiary of SPX Corporation where he also held several senior leadership roles in finance, including Executive Vice President and Chief Financial Officer and President of the company’s Test Instrumentation segment. Mr. Eisenberg currently serves on the Board of Directors of two other public companies. In April 2024 he joined the Board of Directors of Solventum and chairs the Audit Committee. In March 2025 he was added to the board of Lumexa Imaging where he chairs the Audit Committee and is a member of the Compensation Committee. His previous board experience includes serving as lead independent director and chairing governance committees at Alpha Natural Resources Inc., chairing audit committees at U.S. Ecology Inc. and Family Dollar Stores Inc., and serving on the audit committee at Perspecta Inc.お知らせ • Feb 26+ 1 more updateThe Middleby Corporation Announces Executive ChangesThe Middleby Corporation announced that Mark Salman, currently President of the Middleby Food Processing Group (FPG), will serve as Chief Executive Officer of the Food Processing business when it becomes an independent public company in the second quarter of 2026. It was also announced that Mark Bowie will serve as the Chief Operating Officer of the Food Processing business upon the completion of the spin-off transaction. Mr. Salman will continue in his current role as President of Middleby FPG during the separation process and will assume the CEO position effective upon the completion of the spin-off transaction. Under his leadership, the Food Processing segment has demonstrated exceptional performance, achieving industry-leading adjusted EBITDA margins and generating $850 million in revenue in 2025. As President of Middleby FPG since 2018, Mr. Salman has overseen the integration of 16 strategic acquisitions representing approximately $300 million in combined annual revenues. These strategic additions, combined with strong organic growth, have expanded the business from $390 million in revenue in 2018 to $850 million in 2025. His leadership has been pivotal in developing total line solutions for industrial protein, bakery, and snack processors, while maintaining best-in-class financial performance. This successful expansion has established the Food Processing business as a leading automated solutions provider serving customers across multiple continents with an unmatched portfolio of industry-leading brands. Additionally, Mark Bowie has been named Chief Operating Officer of the Food Processing business. Joining Middleby Food Processing earlier this year, Mark brings more than 25 years of diverse manufacturing expertise and proven leadership to Middleby Food Processing. He has public company experience and has led organizations through significant business shifts throughout his career. Prior to joining Middleby Food Processing, he was CEO of In-Place Machining, and before that CEO at LPW Group. He has also held senior roles with JBT Corporation and CIRCOR’s fluid handling business, which was acquired by CIRCOR from Colfax Corporation. The spin-off, which remains on track for completion in the second quarter of 2026, is part of Middleby's strategic portfolio transformation designed to maximize shareholder value by creating three focused, industry-leading businesses. The separation will enable the Food Processing business to pursue its own capital allocation strategy, optimize its capital structure, and accelerate growth through strategic investments and acquisitions.お知らせ • Feb 17The Middleby Corporation to Report Q4, 2025 Results on Feb 26, 2026The Middleby Corporation announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Feb 26, 2026お知らせ • Feb 05The Middleby Corporation Appoints Christopher Hix to Board of Directors, Effective February 1, 2026The Middleby Corporation announced the appointment of Christopher Hix to its Board of Directors, effective February 1, 2026. With the addition of Mr. Hix, the Middleby Board expands to eleven members. Mr. Hix is a seasoned public company director and executive with more than 30 years of experience in a variety of industries. Most recently he served as Executive Vice President and Chief Financial Officer of Enovis Corporation, the medical technology business of Colfax Corporation. Prior to Enovis, he served as Chief Financial Officer of Colfax, where he collaborated with the executive team to transform the business into a less cyclical, higher-growth entity, improving both margins and cash flow. In this role, he divested two cyclical industrial business segments, acquired and financed a new growth platform in the medical devices space, and executed several bolt-on acquisitions to enhance growth opportunities before splitting the company into two independent public companies. Mr. Hix also serves on the Board of Directors of Brady Corporation, where he is Chairman of the Audit Committee. He previously served on the Board of Directors of ESAB Corporation.お知らせ • Nov 06The Middleby Corporation Provides Earnings Guidance for the Fourth Quarter and Year 2025The Middleby Corporation provided earnings guidance for the fourth quarter and year 2025. For the quarter, the company expects total revenue of $990 million - $1,020 million. For the year, the company expects total revenue of $3.85 billion - $3.89 billion.お知らせ • Oct 31The Middleby Corporation to Report Q3, 2025 Results on Nov 06, 2025The Middleby Corporation announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 06, 2025お知らせ • Oct 29The Middleby Corporation Appoints Rebecca Ellin as Senior Vice President of Investor Strategy and Corporate DevelopmentThe Middleby Corporation announced the appointment of Rebecca Ellin as Senior Vice President, Investor Strategy and Corporate Development. This newly created role reflects Middleby’s strategic focus on accelerating growth and enhancing stakeholder engagement as the Company executes its transformation initiatives, including the planned Food Processing segment spinoff. Rebecca will report directly to Tim FitzGerald, Chief Executive Officer, and collaborate closely with Middleby’s executive leadership team to drive investor engagement while participating in the development of the Company’s long-term growth strategy. Her responsibilities will include evaluating capital allocation priorities, managing capital market initiatives, and ensuring strategic communication with investors, analysts, and key stakeholders. Rebecca brings 18 years of public equities experience from Baron Capital Group, where she most recently served as Vice President, Research Analyst, and was responsible for identifying investment opportunities in growth companies that have best-in-class management teams, sustainable competitive advantage, and are implementing differentiated strategies to create long-term shareholder value. Rebecca previously held roles with Oppenheimer Capital and Standard & Poor’s. Rebecca holds an MBA from Harvard Business School and a B.A. in Economics from the University of Pennsylvania.お知らせ • Aug 14The Middleby Corporation (NasdaqGS:MIDD) acquired Oka-Spezialmaschinenfabrik GmbH & Co. Kg.The Middleby Corporation (NasdaqGS:MIDD) acquired Oka-Spezialmaschinenfabrik GmbH & Co. Kg on August 13, 2025. Oka-Spezialmaschinenfabrik reported annual revenue of $12 million. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Oka-Spezialmaschinenfabrik GmbH & Co. Kg on August 13, 2025.お知らせ • Aug 06The Middleby Corporation Provides Earnings Guidance for the Third Quarter and Year 2025The Middleby Corporation provided earnings guidance for the third quarter and year 2025. For the quarter, the company expects total revenue of $950 million to $975 million. For the year, the company expects total revenue of $3.81 million to $3.87 million.お知らせ • Jul 28The Middleby Corporation to Report Q2, 2025 Results on Aug 06, 2025The Middleby Corporation announced that they will report Q2, 2025 results at 7:00 AM, US Eastern Standard Time on Aug 06, 2025お知らせ • Apr 29The Middleby Corporation to Report Q1, 2025 Results on May 07, 2025The Middleby Corporation announced that they will report Q1, 2025 results at 7:00 AM, US Eastern Standard Time on May 07, 2025お知らせ • Mar 31The Middleby Corporation, Annual General Meeting, May 14, 2025The Middleby Corporation, Annual General Meeting, May 14, 2025.お知らせ • Feb 26+ 1 more updateThe Middleby Corporation Provides Earnings Guidance for the Year 2025The Middleby Corporation provided earnings guidance for the year 2025. For the year, the company expects to deliver organic revenue growth in the low single digits, with profitability growth at rates in excess of the company's organic revenue growth.お知らせ • Feb 20The Middleby Corporation to Report Q4, 2024 Results on Feb 25, 2025The Middleby Corporation announced that they will report Q4, 2024 results at 7:00 AM, US Eastern Standard Time on Feb 25, 2025お知らせ • Nov 26The Middleby Corporation (NasdaqGS:MIDD) acquired Gorreri - S.R.L.The Middleby Corporation (NasdaqGS:MIDD) acquired Gorreri - S.R.L. on November 26, 2024. For the period ending December 31, 2023, Gorreri - S.R.L. reported total revenue of $20 million. The acquisition adds a broad line of complementary products to Middleby's food processing group, including turbo mixers, dosing, injecting, decorating, enrobing and ultrasonic portioning solutions. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Gorreri - S.R.L. on November 26, 2024.Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: US$2.12 (vs US$2.03 in 3Q 2023)Third quarter 2024 results: EPS: US$2.12 (up from US$2.03 in 3Q 2023). Revenue: US$942.8m (down 3.9% from 3Q 2023). Net income: US$114.2m (up 5.1% from 3Q 2023). Profit margin: 12% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 9% per year.お知らせ • Oct 22The Middleby Corporation to Report Q3, 2024 Results on Oct 31, 2024The Middleby Corporation announced that they will report Q3, 2024 results Pre-Market on Oct 31, 2024お知らせ • Oct 11The Middleby Corporation (NasdaqGS:MIDD) acquired Emery Thompson Machine & Supply Co.The Middleby Corporation (NasdaqGS:MIDD) acquired Emery Thompson Machine & Supply Co. on October 11, 2024. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Emery Thompson Machine & Supply Co. on October 11, 2024.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$2.15 (vs US$2.18 in 2Q 2023)Second quarter 2024 results: EPS: US$2.15 (down from US$2.18 in 2Q 2023). Revenue: US$991.5m (down 4.7% from 2Q 2023). Net income: US$115.4m (down 1.2% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Jul 22The Middleby Corporation to Report Q2, 2024 Results on Aug 01, 2024The Middleby Corporation announced that they will report Q2, 2024 results Pre-Market on Aug 01, 2024Reported Earnings • May 08First quarter 2024 earnings released: EPS: US$1.61 (vs US$1.85 in 1Q 2023)First quarter 2024 results: EPS: US$1.61 (down from US$1.85 in 1Q 2023). Revenue: US$926.9m (down 8.0% from 1Q 2023). Net income: US$86.6m (down 13% from 1Q 2023). Profit margin: 9.3% (in line with 1Q 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Apr 26The Middleby Corporation to Report Q1, 2024 Results on May 08, 2024The Middleby Corporation announced that they will report Q1, 2024 results Pre-Market on May 08, 2024お知らせ • Mar 30The Middleby Corporation, Annual General Meeting, May 14, 2024The Middleby Corporation, Annual General Meeting, May 14, 2024, at 10:00 Central Standard Time. Agenda: To elect nine directors to hold office until the 2025 Annual Meeting; to approve, on an advisory basis, the compensation of company executive officers; to ratify the selection of Ernst & Young LLP as Middleby’s independent public accountants for the fiscal year ending December 28, 2024; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.Reported Earnings • Feb 21Full year 2023 earnings released: EPS: US$7.48 (vs US$8.07 in FY 2022)Full year 2023 results: EPS: US$7.48 (down from US$8.07 in FY 2022). Revenue: US$4.04b (flat on FY 2022). Net income: US$400.9m (down 8.2% from FY 2022). Profit margin: 9.9% (in line with FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Feb 15Now 22% undervaluedOver the last 90 days, the stock has risen 18% to €133. The fair value is estimated to be €170, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 6.2% per annum over the same time period.お知らせ • Feb 08The Middleby Corporation (NasdaqGS:MIDD) acquired Gbt Gmbh BÄCkerei Technologie.The Middleby Corporation (NasdaqGS:MIDD) acquired Gbt Gmbh BÄCkerei Technologie on February 7, 2024. Adding GBT innovation to Middleby's existing bakery portfolio will allow us to expand our offerings and customer base with new full line solutions. For FY 2022, the revenues of Gbt Gmbh was approximately €10 million. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Gbt Gmbh BÄCkerei Technologie on February 7, 2024.お知らせ • Feb 07The Middleby Corporation to Report Q4, 2023 Results on Feb 20, 2024The Middleby Corporation announced that they will report Q4, 2023 results Pre-Market on Feb 20, 2024お知らせ • Jan 16Middleby Appoints Stephen Scherger and Tejas Shah to Its Board of DirectorsThe Middleby Corporation announced the expansion of its Board of Directors with the appointment of Stephen Scherger and Tejas Shah. Mr. Scherger is Chief Financial Officer of Graphic Packaging Holding Company with extensive business expertise in audit, acquisitions, distribution, and capital strategies. Mr. Shah is Global Chief Information Officer of Fluence Energy and brings a deep knowledge of cybersecurity and IoT to the Middleby Board along with proven success in implementing business-to-business and business-to-consumer strategies. Stephen Scherger is CFO of Graphic Packaging Holding Company, a position he has held since 2015. Under his leadership in this role the company has grown from $4 to $10 billion in revenues driven by above market organic growth and 20 completed acquisitions. His knowledge of global consumer packaging, including packaging of food for shared customers in the retail and restaurant industries, will be highly beneficial to Middleby. Prior to joining Graphic Packaging in 2012, Mr. Scherger spent 26 years in business and finance leadership positions with MeadWestvaco Corporation. He holds a B.S. in Business Administration with a concentration in Accounting from Bowling Green State University and has an MBA in Finance from the University of Cincinnati. Tejas Shah is currently the Global CIO of Fluence Energy Inc. where he is responsible for leading digital transformation, cybersecurity, and global corporate engineering. Before Fluence Energy he successfully launched new solutions into the marketplace, which broadened his experience in supply chain, finance, engineering, sales, and marketing. Mr. Shah brings experience in consumer product connectivity to his new role which is highly complementary to current Middleby technology pursuits. His experience with advanced energy management will be highly relevant as Middleby continues to develop customer solutions in electrification and decreased energy usage. Mr. Shah holds a B.S. from Gujarat University, India, is a Chartered Accountant from the Institute of Chartered Accountants of India (ICAI) and received his MBA from Silicon Valley University.Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: US$2.03 (vs US$1.94 in 3Q 2022)Third quarter 2023 results: EPS: US$2.03 (up from US$1.94 in 3Q 2022). Revenue: US$980.7m (down 1.2% from 3Q 2022). Net income: US$108.7m (up 4.1% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Oct 31The Middleby Corporation to Report Q3, 2023 Results on Nov 08, 2023The Middleby Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023New Risk • Aug 17New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €558k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Significant insider selling over the past 3 months (€558k sold).Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: US$2.18 (vs US$2.10 in 2Q 2022)Second quarter 2023 results: EPS: US$2.18 (up from US$2.10 in 2Q 2022). Revenue: US$1.04b (up 2.6% from 2Q 2022). Net income: US$116.9m (up 3.2% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 02The Middleby Corporation (NasdaqGS:MIDD) acquired Trade-Wind Manufacturing LLC.The Middleby Corporation (NasdaqGS:MIDD) acquired Trade-Wind Manufacturing LLC on August 1, 2023. Trade-Wind has approximately $10 million in annual revenues. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Trade-Wind Manufacturing LLC on August 1, 2023.お知らせ • Jul 25The Middleby Corporation to Report Q2, 2023 Results on Aug 03, 2023The Middleby Corporation announced that they will report Q2, 2023 results Pre-Market on Aug 03, 2023お知らせ • Jul 06The Middleby Corporation (NasdaqGS:MIDD) acquired TERRY Water Treatment Solutions.The Middleby Corporation (NasdaqGS:MIDD) acquired TERRY Water Treatment Solutions on July 5, 2023. TERRY has $5 million in annual sales. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of TERRY Water Treatment Solutions on July 5, 2023.お知らせ • Jun 25The Middleby Corporation(NasdaqGS:MIDD) dropped from Russell 1000 Growth IndexThe Middleby Corporation(NasdaqGS:MIDD) dropped from Russell 1000 Growth Indexお知らせ • Jun 14The Middleby Corporation (NasdaqGS:MIDD) acquired Filtration Automation, Inc.The Middleby Corporation (NasdaqGS:MIDD) acquired Filtration Automation, Inc. on June 13, 2023. Filtration Automation has annual revenues of approximately $10 million.The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Filtration Automation, Inc. on June 13, 2023.Recent Insider Transactions • May 28Independent Director recently sold €148k worth of stockOn the 22nd of May, John Miller sold around 1k shares on-market at roughly €131 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €593k more than they bought in the last 12 months.お知らせ • May 17Middleby Announces Executive ChangesMiddleby announced the retirement of Chief Risk and Administration Officer Martin M. Lindsay and the appointment of two company officers. Brittany Cerwin was named Chief Accounting Officer and Matthew Fuchsen was named Chief Development Officer of the company. Mr. Lindsay, a senior leader with Middleby for nearly 25 years, will be retiring at the end of July and plans to remain an advisor to the company until the end of 2023. He will begin this transition immediately and step down as a company officer. Joining Middleby in 1999, Mr. Lindsay began his Middleby career at a time when the company market capitalization was less than $100 million with only a few brands and products in the commercial foodservice business. During his tenure the company grew to $8 billion in market capitalization and now $4 billion in sales with more than 150 brands across three business platforms.The company also announced the addition of two corporate officers, Brittany Cerwin and Matthew Fuchsen as Chief Accounting Officer and Chief Development Officer. Ms. Cerwin has been with Middleby for more than a decade in roles of increasing responsibility within the Middleby Corporate Accounting department. Most recently she was Corporate Controller, overseeing and directing the financial reporting functions of all Middleby brands and locations across the three business segments. She is responsible for the financial integration of new Middleby acquisitions, aligning their reporting and processes. Prior to joining Middleby in 2011 she was an auditor at Grant Thornton, LLP. Ms. Cerwin holds a bachelor's and master's degree in accounting from Bradley University.お知らせ • May 11The Middleby Corporation (NasdaqGS:MIDD) acquired Blue Sparq, Inc.The Middleby Corporation (NasdaqGS:MIDD) acquired Blue Sparq, Inc. in the first quarter of 2023.The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Blue Sparq, Inc. in the first quarter of 2023.Reported Earnings • May 10First quarter 2023 earnings released: EPS: US$1.85 (vs US$1.57 in 1Q 2022)First quarter 2023 results: EPS: US$1.85 (up from US$1.57 in 1Q 2022). Revenue: US$1.01b (up 1.3% from 1Q 2022). Net income: US$99.1m (up 16% from 1Q 2022). Profit margin: 9.8% (up from 8.6% in 1Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 22Full year 2022 earnings released: EPS: US$8.07 (vs US$8.85 in FY 2021)Full year 2022 results: EPS: US$8.07 (down from US$8.85 in FY 2021). Revenue: US$4.03b (up 24% from FY 2021). Net income: US$436.6m (down 11% from FY 2021). Profit margin: 11% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 11The Middleby Corporation to Report Q4, 2022 Results on Feb 21, 2023The Middleby Corporation announced that they will report Q4, 2022 results Pre-Market on Feb 21, 2023お知らせ • Jan 25The Middleby Corporation (NasdaqGS:MIDD) acquired Flavor Burst Company, LLP.The Middleby Corporation (NasdaqGS:MIDD) acquired Flavor Burst Company, LLP on January 24, 2023. Flavor Burst Company has annual revenues of $5 million.The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Flavor Burst Company, LLP on January 24, 2023.Recent Insider Transactions • Nov 20Independent Director recently sold €156k worth of stockOn the 18th of November, John Miller sold around 1k shares on-market at roughly €134 per share. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €687k more than they sold in the last 12 months.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Robert Nerbonne was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 12The Middleby Corporation (NasdaqGS:MIDD) acquired Escher Mixers Srl.The Middleby Corporation (NasdaqGS:MIDD) acquired Escher Mixers Srl on November 10, 2022. The company has annual revenues of €14.60 million. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Escher Mixers Srl on November 10, 2022.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: US$1.94 (vs US$3.19 in 3Q 2021)Third quarter 2022 results: EPS: US$1.94 (down from US$3.19 in 3Q 2021). Revenue: US$992.9m (up 21% from 3Q 2021). Net income: US$104.4m (down 41% from 3Q 2021). Profit margin: 11% (down from 22% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 01The Middleby Corporation to Report Q3, 2022 Results on Nov 09, 2022The Middleby Corporation announced that they will report Q3, 2022 results Pre-Market on Nov 09, 2022Recent Insider Transactions • Aug 19Independent Director recently sold €77k worth of stockOn the 15th of August, Cathy McCarthy sold around 500 shares on-market at roughly €154 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €319k more than they sold in the last 12 months.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$2.10 (vs US$2.18 in 2Q 2021)Second quarter 2022 results: EPS: US$2.10 (down from US$2.18 in 2Q 2021). Revenue: US$1.01b (up 25% from 2Q 2021). Net income: US$113.2m (down 6.1% from 2Q 2021). Profit margin: 11% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.お知らせ • Jul 29The Middleby Corporation (NasdaqGS:MIDD) acquired Colussi Ermes Srl.The Middleby Corporation (NasdaqGS:MIDD) acquired Colussi Ermes Srl on July 27, 2022. Colussi Ermes company has approximately $50 million in annual revenues. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to The Middleby Corporation. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Colussi Ermes Srl on July 27, 2022.お知らせ • Jul 28The Middleby Corporation to Report Q2, 2022 Results on Aug 04, 2022The Middleby Corporation announced that they will report Q2, 2022 results Pre-Market on Aug 04, 2022お知らせ • Jul 14The Middleby Corporation (NasdaqGS:MIDD) acquired CP Packaging, LLC.The Middleby Corporation (NasdaqGS:MIDD) acquired CP Packaging, LLC on July 12, 2022. CP Packaging has annual sales of approximately $15 million. Skadden acted as legal advisor to The Middleby Corporation. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of CP Packaging, LLC on July 12, 2022.お知らせ • Jul 01The Middleby Corporation (NasdaqGS:MIDD) acquired Icetro Co., Ltd.The Middleby Corporation (NasdaqGS:MIDD) acquired Icetro Co., Ltd. on June 30, 2022. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Icetro Co., Ltd. on June 30, 2022.お知らせ • Jun 30The Middleby Corporation (NasdaqGS:MIDD) acquired Proxaut Srl.The Middleby Corporation (NasdaqGS:MIDD) acquired Proxaut Srl on June 29, 2022. Proxaut has $15 million annual sales. The Middleby Corporation (NasdaqGS:MIDD) complete the acquisition of Proxaut Srl on June 29, 2022. Shilpi Gupta and Sandro de Bernardini of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to The Middleby Corporation in the transaction.Recent Insider Transactions • May 27Independent Director recently bought €258k worth of stockOn the 24th of May, Nassem Ziyad bought around 2k shares on-market at roughly €127 per share. In the last 3 months, there was an even bigger purchase from another insider worth €953k. Despite this recent purchase, insiders have collectively sold €833k more in shares than they bought in the last 12 months.Recent Insider Transactions • May 18CEO & Director recently bought €953k worth of stockOn the 12th of May, Timothy FitzGerald bought around 8k shares on-market at roughly €127 per share. This was the largest purchase by an insider in the last 3 months. This was Timothy's only on-market trade for the last 12 months.Reported Earnings • May 11First quarter 2022 earnings released: EPS: US$1.57 (vs US$1.62 in 1Q 2021)First quarter 2022 results: EPS: US$1.57 (down from US$1.62 in 1Q 2021). Revenue: US$994.7m (up 31% from 1Q 2021). Net income: US$85.8m (down 3.9% from 1Q 2021). Profit margin: 8.6% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 9.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • May 03The Middleby Corporation to Report Q1, 2022 Results on May 10, 2022The Middleby Corporation announced that they will report Q1, 2022 results Pre-Market on May 10, 2022Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Robert Nerbonne was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 01The Middleby Corporation, Annual General Meeting, May 16, 2022The Middleby Corporation, Annual General Meeting, May 16, 2022, at 10:30 Central Daylight. Agenda: To elect seven directors to hold office until the 2023 Annual Meeting; to approve, on an advisory basis, the compensation of executive officers; to ratify the selection of Ernst & Young LLP as Middleby’s independent public accountants for the fiscal year ending December 31, 2022; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Robert Nerbonne was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Mar 18Independent Director recently bought €92k worth of stockOn the 14th of March, Robert Nerbonne bought around 600 shares on-market at roughly €154 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €2.2m more in shares than they bought in the last 12 months.Recent Insider Transactions • Mar 16Independent Director recently sold €424k worth of stockOn the 7th of March, John Miller sold around 3k shares on-market at roughly €153 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months.Board Change • Mar 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Robert Nerbonne was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$8.85 (up from US$3.76 in FY 2020). Revenue: US$3.25b (up 29% from FY 2020). Net income: US$488.5m (up 136% from FY 2020). Profit margin: 15% (up from 8.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 22%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 15The Middleby Corporation to Report Q4, 2021 Results on Feb 22, 2022The Middleby Corporation announced that they will report Q4, 2021 results Pre-Market on Feb 22, 2022お知らせ • Dec 29The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Masterbuilt Holdings LLC from Dominus Capital, L.P.The Middleby Corporation (NasdaqGS:MIDD) entered into an agreement to acquire Masterbuilt Holdings LLC from Dominus Capital, L.P. for approximately $390 million on December 6, 2021. The consideration is payable in cash and will be funded under Middleby’s existing senior credit facility. The transaction is subject to customary closing conditions including regulatory approvals and is expected to close in December 2021. Transaction is expected to be accretive to adjusted EPS in 2022. William Blair and Sawaya Partners, LLC served as financial advisors, and White & Case LLP served as legal counsel for Masterbuilt. Shilpi Gupta, Douglas R. Nemec, Joseph M. Yaffe and Eric B. Sensenbrenner of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisors for Middleby Corporation. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Masterbuilt Holdings LLC from Dominus Capital, L.P. on December 27, 2021.お知らせ • Dec 28The Middleby Corporation (NasdaqGS:MIDD) acquired Char Griller.The Middleby Corporation (NasdaqGS:MIDD) acquired Char Griller on December 27, 2021. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Char Griller on December 27, 2021.お知らせ • Dec 08The Middleby Corporation (NasdaqGS:MIDD) entered into an agreement to acquire Masterbuilt Holdings LLC from Dominus Capital, L.P. for approximately $390 million.The Middleby Corporation (NasdaqGS:MIDD) entered into an agreement to acquire Masterbuilt Holdings LLC from Dominus Capital, L.P. for approximately $390 million on December 6, 2021. The consideration is payable in cash and will be funded under Middleby’s existing senior credit facility. The transaction is subject to customary closing conditions including regulatory approvals and is expected to close in December 2021. Transaction is expected to be accretive to adjusted EPS in 2022. William Blair and Sawaya Partners, LLC served as financial advisors, and White & Case LLP served as legal counsel for Masterbuilt.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS US$3.19 (vs US$1.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$817.5m (up 29% from 3Q 2020). Net income: US$176.0m (up 191% from 3Q 2020). Profit margin: 22% (up from 9.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.お知らせ • Sep 25The Middleby Corporation (NasdaqGS:MIDD) acquired Spenuzza, Inc.The Middleby Corporation (NasdaqGS:MIDD) acquired Spenuzza, Inc. on September 24, 2021. Imperial has annual revenues of approximately $40 million. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Spenuzza, Inc. on September 24, 2021.Recent Insider Transactions • Sep 20Independent Director recently bought €171k worth of stockOn the 16th of September, Robert Nerbonne bought around 1k shares on-market at roughly €147 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.9m more in shares than they bought in the last 12 months.Recent Insider Transactions • Sep 04Chief Technology & Operations Officer recently sold €154k worth of stockOn the 1st of September, James Pool sold around 1k shares on-market at roughly €154 per share. In the last 3 months, they made an even bigger sale worth €609k. James has been a seller over the last 12 months, reducing personal holdings by €1.3m.Recent Insider Transactions • Aug 19Chief Technology & Operations Officer recently sold €574k worth of stockOn the 18th of August, James Pool sold around 4k shares on-market at roughly €151 per share. This was the largest sale by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.Reported Earnings • Aug 14Second quarter 2021 earnings released: EPS US$2.18 (vs US$0.39 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$808.8m (up 71% from 2Q 2020). Net income: US$120.6m (up 470% from 2Q 2020). Profit margin: 15% (up from 4.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Reported Earnings • May 07First quarter 2021 earnings released: EPS US$1.62 (vs US$1.33 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: US$758.1m (up 12% from 1Q 2020). Net income: US$89.3m (up 21% from 1Q 2020). Profit margin: 12% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Reported Earnings • Mar 02Full year 2020 earnings released: EPS US$3.76 (vs US$6.33 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$2.51b (down 15% from FY 2019). Net income: US$207.3m (down 41% from FY 2019). Profit margin: 8.2% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Mar 02Revenue beats expectationsRevenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 17%, compared to a 5.3% growth forecast for the Machinery industry in Germany.Is New 90 Day High Low • Feb 27New 90-day high: €121The company is up 5.0% from its price of €115 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Machinery industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €133 per share.お知らせ • Feb 25The Middleby Corporation Announces Executive ChangesThe Middleby Corporation announced that James K. Pool III and Steve Spittle have been named officers of Middleby. James has been named to Chief Technology and Operations Officer. Steve has been appointed to Chief Commercial Officer. James and Steve will also continue to have responsibility for the portfolio of cooking and technology brands within the Commercial Foodservice Group. Korey Kohl has been appointed to lead the Middleby Beverage Group and Najib Maalouf to lead the Middleby Residential Kitchen Equipment Group. Group Presidents John Perruccio and Jeremy Dobrowolski, in addition to their brand management responsibilities, will lead strategic selling and service initiatives in the Commercial Foodservice Segment. George Koether has been promoted to Group President leading the Middleby business operations in Asia. Martin Lindsay has been appointed to Chief Risk and Administration Officer. Martin has served as the company treasurer since 1999 and is an existing officer of Middleby.お知らせ • Feb 23The Middleby Corporation to Report Q4, 2020 Results on Mar 01, 2021The Middleby Corporation announced that they will report Q4, 2020 results Pre-Market on Mar 01, 2021お知らせ • Feb 20+ 1 more updateThe Middleby Corporation Announces Retirement Od David Brewer as Chief Operating OfficerThe Middleby Corporation announced the retirement of Chief Operating Officer David Brewer, effective at the end of 2021. James K. Pool III and Steve Spittle were recently named officers of the company and they will share Dave’s responsibilities as he transitions to retirement during 2021. The three executives have worked closely together for more than 10 years. Together, Dave and Steve will ensure a seamless transition of key customer relationships throughout the year.お知らせ • Dec 23The Middleby Corporation (NasdaqGS:MIDD) acquired United Foodservice Equipment Group.The Middleby Corporation (NasdaqGS:MIDD) acquired United Foodservice Equipment Group on December 21, 2020. United Foodservice reported annual revenues of $10 million. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of United Foodservice Equipment Group on December 21, 2020.Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 29% share price gain to US$113, the stock is trading at a trailing P/E ratio of 27.5x, up from the previous P/E ratio of 21.3x. This compares to an average P/E of 33x in the Machinery industry in Germany. Total returns to shareholders over the past three years are 20%.Is New 90 Day High Low • Nov 12New 90-day high: €113The company is up 30% from its price of €87.00 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €101 per share.Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS US$1.10The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$634.5m (down 12% from 3Q 2019). Net income: US$60.5m (down 26% from 3Q 2019). Profit margin: 9.5% (down from 11% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.業績と収益の成長予測DB:MBY - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20283,728516536586212/31/20273,523461495544912/31/20263,40238146449094/4/20263,310367502555N/A1/3/20263,201367558630N/A9/27/20252,980-217610679N/A6/28/20252,940410599660N/A3/29/20252,954419637687N/A12/28/20243,150421650687N/A9/28/20243,870392651703N/A6/29/20243,908387704765N/A3/30/20243,956388604678N/A12/30/20233,242413568629N/A9/30/20234,060458443532N/A7/1/20234,072454310397N/A4/1/20234,046450358440N/A12/31/20224,033437263333N/A10/1/20223,868406177251N/A7/2/20223,692478276340N/A4/2/20223,487485291348N/A1/1/20223,251488372423N/A10/2/20213,114438513555N/A7/3/20212,931322494532N/A4/3/20212,594223456497N/A1/2/20212,513207483525N/A9/26/20202,572264421464N/A6/27/20202,661286393441N/A3/28/20202,950357N/A431N/A12/28/20192,959352N/A377N/A9/28/20192,928338N/A347N/A6/29/20192,918329N/A324N/A3/30/20192,825321N/A358N/A12/29/20182,723317N/A369N/A9/29/20182,599297N/A352N/A6/30/20182,479299N/A365N/A3/31/20182,390293N/A302N/A12/30/20172,336298N/A304N/A9/30/20172,300304N/A324N/A7/1/20172,281305N/A284N/A4/1/20172,282300N/A326N/A12/31/20162,268284N/A294N/A10/1/20162,206254N/A257N/A7/2/20162,081227N/A237N/A4/2/20161,936208N/A240N/A1/2/20161,827192N/A250N/A10/3/20151,727193N/A237N/A7/4/20151,682204N/A281N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: MBYの予測収益成長率 (年間10.1% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: MBYの収益 ( 10.1% ) German市場 ( 16.8% ) よりも低い成長が予測されています。高成長収益: MBYの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: MBYの収益 ( 3.8% ) German市場 ( 6.5% ) よりも低い成長が予測されています。高い収益成長: MBYの収益 ( 3.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: MBYの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/28 15:49終値2026/06/26 00:00収益2026/04/04年間収益2026/01/03データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋The Middleby Corporation 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。23 アナリスト機関Mircea DobreBairdAdam SeidenBarclaysJoel TissBMO Capital Markets Equity Research20 その他のアナリストを表示
お知らせ • May 10The Middleby Corporation Provides Earnings Guidance for the Second Quarter of 2026The Middleby Corporation provided earnings guidance for the second quarter of 2026. For the quarter, the company expects net sales to be $815 million - $850 million.
お知らせ • Nov 06The Middleby Corporation Provides Earnings Guidance for the Fourth Quarter and Year 2025The Middleby Corporation provided earnings guidance for the fourth quarter and year 2025. For the quarter, the company expects total revenue of $990 million - $1,020 million. For the year, the company expects total revenue of $3.85 billion - $3.89 billion.
お知らせ • Aug 06The Middleby Corporation Provides Earnings Guidance for the Third Quarter and Year 2025The Middleby Corporation provided earnings guidance for the third quarter and year 2025. For the quarter, the company expects total revenue of $950 million to $975 million. For the year, the company expects total revenue of $3.81 million to $3.87 million.
お知らせ • Feb 26+ 1 more updateThe Middleby Corporation Provides Earnings Guidance for the Year 2025The Middleby Corporation provided earnings guidance for the year 2025. For the year, the company expects to deliver organic revenue growth in the low single digits, with profitability growth at rates in excess of the company's organic revenue growth.
お知らせ • May 12The Middleby Corporation Announces the Launch of Midera Food Processing to Operate Under the Name Midera Food Processing, IncThe Middleby Corporation announced that its Food Processing business will operate under the name Midera Food Processing Inc. (Midera). The launch reflects the continued advancement of Middleby’s Food Processing platform into a more focused, technology-driven organization delivering total line solutions. With a foundation built over decades and a portfolio of more than 30 global brands, Midera is positioned to accelerate innovation and serve customers with greater clarity and speed. The company’s new brand identity reinforces Midera’s launch as a pure play food processing company. The Midera name’s first syllable evokes the company’s heritage as part of Middleby as it enters a new era as a company entirely devoted to food processing. The Midera emblem draws from triangular elements of Middleby’s original visual identity, refined to convey precision and forward momentum. The separation of Midera into a standalone public company is expected to be completed on July 6, 2026, subject to customary conditions, including the effectiveness of Midera’s Form 10 registration statement with the U.S. Securities and Exchange Commission (“SEC”), through a distribution of Midera common stock to Middleby stockholders.
お知らせ • May 10The Middleby Corporation Provides Earnings Guidance for the Second Quarter of 2026The Middleby Corporation provided earnings guidance for the second quarter of 2026. For the quarter, the company expects net sales to be $815 million - $850 million.
お知らせ • Apr 30The Middleby Corporation to Report Q1, 2026 Results on May 07, 2026The Middleby Corporation announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 07, 2026
お知らせ • Apr 09The Middleby Corporation, Annual General Meeting, May 19, 2026The Middleby Corporation, Annual General Meeting, May 19, 2026.
お知らせ • Apr 03The Middleby Corporation Appoints Amy Campbell as Chief Financial Officer of the Food Processing Business When It Becomes an Independent Public Company in the second quarter of 2026The Middleby Corporation announced that Amy Campbell will serve as Chief Financial Officer of the Food Processing business when it becomes an independent public company in the second quarter of 2026. This appointment follows the recent announcement of Mark Salman as Chief Executive Officer and completes the leadership team that will guide the Food Processing business as it embarks on its next chapter of growth as an independent, publicly traded company. Ms. Campbell joins The Middleby Corporation, effective immediately. Ms. Campbell brings extensive financial leadership experience to Middleby Food Processing, most recently serving as CFO of REV Group Inc., a leading manufacturer of specialty vehicles, since April 2024. Before joining REV Group, Ms. Campbell was CFO of ASC Engineered Solutions, CFO for BrandSafway’s Commercial and Industrial Division and had a 23-year tenure with Caterpillar Inc. which included several segment CFO roles, as well as Vice President of Investor Relations, and Chief Audit Officer. Her experience leading finance organizations through strategic transformations, capital structure optimization, and value enhancing growth initiatives makes her uniquely qualified to establish the financial foundation for the Food Processing business as it becomes an independent public company. Ms. Campbell is a Certified Public Accountant, a Certified Internal Auditor and a Certified 6 Sigma Blackbelt. She holds a bachelor’s degree in accounting from Illinois Wesleyan University. She is also a graduate of Northwestern University’s Kellogg School of Management’s Women’s Senior Leadership program and the Digging Deep Executive Leadership program at Duke University. Ms. Campbell’s appointment completes the executive leadership team for the Food Processing business, which includes Mark Salman as Chief Executive Officer, Mark Bowie as Chief Operating Officer, Matt Fuchsen (currently Chief Development Officer of Middleby Corporation) as Chief Strategy Officer, and Rob Fagan (currently Vice President of Finance of Middleby Corporation) who will lead Investor Relations and FP&A for the independent company. This experienced leadership team brings a combination of deep industry knowledge, operational excellence, and proven track records of value creation.
お知らせ • Mar 25The Middleby Corporation Announces Chief Financial Officer ChangesThe Middleby Corporation announced the appointment of Brittany Cerwin (age 42) as Chief Financial Officer, effective March 25, 2026. Ms. Cerwin succeeds Bryan Mittelman, who has served as CFO since 2019 and will transition to the role of Special Advisor to the Chief Executive Officer. Ms. Cerwin has been Chief Accounting Officer of the Company since May 2023. Ms. Cerwin joined Middleby in 2011 and has consistently taken on roles of increasing responsibility as she excelled within Middleby finance. As Chief Accounting Officer, a position she assumed in 2023, she worked closely with the executive leadership team, overseeing and directing the financial reporting functions across all Middleby business units. Her role has been critical to the integration of acquisitions and the execution of growth initiatives. Prior to being named Chief Accounting Officer, Ms. Cerwin served as Corporate Controller. Before joining Middleby, Ms. Cerwin was with Grant Thornton, LLP, Chicago. She holds both a bachelor’s degree and a master’s degree in accounting from Bradley University, Peoria, Illinois. Bryan Mittelman, the outgoing CFO, will focus exclusively on the completion of the company’s portfolio transformation, including executing the previously announced spin-off of its Food Processing business, expected by the end of the second quarter of 2026.
お知らせ • Mar 06+ 1 more updateThe Middleby Corporation Appoints Glenn Eisenberg to Board of Directors, Effective March 1, 2026The Middleby Corporation announced the appointment of Glenn Eisenberg to its Board of Directors, effective March 1, 2026. With the addition of Mr. Eisenberg, the Middleby Board expands to twelve members. Mr. Eisenberg brings extensive public company leadership experience spanning life services, industrial manufacturing, and diversified industrial sectors. Most recently he served as Executive Vice President and Chief Financial Officer at Labcorp, a $13 billion global life sciences company, where he oversaw financial operations across over 100 countries until his retirement in December 2024. He continues as a Special Advisor to the company. Prior to Labcorp, Mr. Eisenberg served as Executive Vice President of Finance and Administration and Chief Financial Officer from 2002 to 2014 at The Timken Company, a leading global manufacturer of highly engineered bearings, alloy steels and related products and services. Earlier in his career, he was President and Chief Operating Officer of United Dominion Industries, a diversified industrial manufacturer, now a subsidiary of SPX Corporation where he also held several senior leadership roles in finance, including Executive Vice President and Chief Financial Officer and President of the company’s Test Instrumentation segment. Mr. Eisenberg currently serves on the Board of Directors of two other public companies. In April 2024 he joined the Board of Directors of Solventum and chairs the Audit Committee. In March 2025 he was added to the board of Lumexa Imaging where he chairs the Audit Committee and is a member of the Compensation Committee. His previous board experience includes serving as lead independent director and chairing governance committees at Alpha Natural Resources Inc., chairing audit committees at U.S. Ecology Inc. and Family Dollar Stores Inc., and serving on the audit committee at Perspecta Inc.
お知らせ • Feb 26+ 1 more updateThe Middleby Corporation Announces Executive ChangesThe Middleby Corporation announced that Mark Salman, currently President of the Middleby Food Processing Group (FPG), will serve as Chief Executive Officer of the Food Processing business when it becomes an independent public company in the second quarter of 2026. It was also announced that Mark Bowie will serve as the Chief Operating Officer of the Food Processing business upon the completion of the spin-off transaction. Mr. Salman will continue in his current role as President of Middleby FPG during the separation process and will assume the CEO position effective upon the completion of the spin-off transaction. Under his leadership, the Food Processing segment has demonstrated exceptional performance, achieving industry-leading adjusted EBITDA margins and generating $850 million in revenue in 2025. As President of Middleby FPG since 2018, Mr. Salman has overseen the integration of 16 strategic acquisitions representing approximately $300 million in combined annual revenues. These strategic additions, combined with strong organic growth, have expanded the business from $390 million in revenue in 2018 to $850 million in 2025. His leadership has been pivotal in developing total line solutions for industrial protein, bakery, and snack processors, while maintaining best-in-class financial performance. This successful expansion has established the Food Processing business as a leading automated solutions provider serving customers across multiple continents with an unmatched portfolio of industry-leading brands. Additionally, Mark Bowie has been named Chief Operating Officer of the Food Processing business. Joining Middleby Food Processing earlier this year, Mark brings more than 25 years of diverse manufacturing expertise and proven leadership to Middleby Food Processing. He has public company experience and has led organizations through significant business shifts throughout his career. Prior to joining Middleby Food Processing, he was CEO of In-Place Machining, and before that CEO at LPW Group. He has also held senior roles with JBT Corporation and CIRCOR’s fluid handling business, which was acquired by CIRCOR from Colfax Corporation. The spin-off, which remains on track for completion in the second quarter of 2026, is part of Middleby's strategic portfolio transformation designed to maximize shareholder value by creating three focused, industry-leading businesses. The separation will enable the Food Processing business to pursue its own capital allocation strategy, optimize its capital structure, and accelerate growth through strategic investments and acquisitions.
お知らせ • Feb 17The Middleby Corporation to Report Q4, 2025 Results on Feb 26, 2026The Middleby Corporation announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Feb 26, 2026
お知らせ • Feb 05The Middleby Corporation Appoints Christopher Hix to Board of Directors, Effective February 1, 2026The Middleby Corporation announced the appointment of Christopher Hix to its Board of Directors, effective February 1, 2026. With the addition of Mr. Hix, the Middleby Board expands to eleven members. Mr. Hix is a seasoned public company director and executive with more than 30 years of experience in a variety of industries. Most recently he served as Executive Vice President and Chief Financial Officer of Enovis Corporation, the medical technology business of Colfax Corporation. Prior to Enovis, he served as Chief Financial Officer of Colfax, where he collaborated with the executive team to transform the business into a less cyclical, higher-growth entity, improving both margins and cash flow. In this role, he divested two cyclical industrial business segments, acquired and financed a new growth platform in the medical devices space, and executed several bolt-on acquisitions to enhance growth opportunities before splitting the company into two independent public companies. Mr. Hix also serves on the Board of Directors of Brady Corporation, where he is Chairman of the Audit Committee. He previously served on the Board of Directors of ESAB Corporation.
お知らせ • Nov 06The Middleby Corporation Provides Earnings Guidance for the Fourth Quarter and Year 2025The Middleby Corporation provided earnings guidance for the fourth quarter and year 2025. For the quarter, the company expects total revenue of $990 million - $1,020 million. For the year, the company expects total revenue of $3.85 billion - $3.89 billion.
お知らせ • Oct 31The Middleby Corporation to Report Q3, 2025 Results on Nov 06, 2025The Middleby Corporation announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 06, 2025
お知らせ • Oct 29The Middleby Corporation Appoints Rebecca Ellin as Senior Vice President of Investor Strategy and Corporate DevelopmentThe Middleby Corporation announced the appointment of Rebecca Ellin as Senior Vice President, Investor Strategy and Corporate Development. This newly created role reflects Middleby’s strategic focus on accelerating growth and enhancing stakeholder engagement as the Company executes its transformation initiatives, including the planned Food Processing segment spinoff. Rebecca will report directly to Tim FitzGerald, Chief Executive Officer, and collaborate closely with Middleby’s executive leadership team to drive investor engagement while participating in the development of the Company’s long-term growth strategy. Her responsibilities will include evaluating capital allocation priorities, managing capital market initiatives, and ensuring strategic communication with investors, analysts, and key stakeholders. Rebecca brings 18 years of public equities experience from Baron Capital Group, where she most recently served as Vice President, Research Analyst, and was responsible for identifying investment opportunities in growth companies that have best-in-class management teams, sustainable competitive advantage, and are implementing differentiated strategies to create long-term shareholder value. Rebecca previously held roles with Oppenheimer Capital and Standard & Poor’s. Rebecca holds an MBA from Harvard Business School and a B.A. in Economics from the University of Pennsylvania.
お知らせ • Aug 14The Middleby Corporation (NasdaqGS:MIDD) acquired Oka-Spezialmaschinenfabrik GmbH & Co. Kg.The Middleby Corporation (NasdaqGS:MIDD) acquired Oka-Spezialmaschinenfabrik GmbH & Co. Kg on August 13, 2025. Oka-Spezialmaschinenfabrik reported annual revenue of $12 million. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Oka-Spezialmaschinenfabrik GmbH & Co. Kg on August 13, 2025.
お知らせ • Aug 06The Middleby Corporation Provides Earnings Guidance for the Third Quarter and Year 2025The Middleby Corporation provided earnings guidance for the third quarter and year 2025. For the quarter, the company expects total revenue of $950 million to $975 million. For the year, the company expects total revenue of $3.81 million to $3.87 million.
お知らせ • Jul 28The Middleby Corporation to Report Q2, 2025 Results on Aug 06, 2025The Middleby Corporation announced that they will report Q2, 2025 results at 7:00 AM, US Eastern Standard Time on Aug 06, 2025
お知らせ • Apr 29The Middleby Corporation to Report Q1, 2025 Results on May 07, 2025The Middleby Corporation announced that they will report Q1, 2025 results at 7:00 AM, US Eastern Standard Time on May 07, 2025
お知らせ • Mar 31The Middleby Corporation, Annual General Meeting, May 14, 2025The Middleby Corporation, Annual General Meeting, May 14, 2025.
お知らせ • Feb 26+ 1 more updateThe Middleby Corporation Provides Earnings Guidance for the Year 2025The Middleby Corporation provided earnings guidance for the year 2025. For the year, the company expects to deliver organic revenue growth in the low single digits, with profitability growth at rates in excess of the company's organic revenue growth.
お知らせ • Feb 20The Middleby Corporation to Report Q4, 2024 Results on Feb 25, 2025The Middleby Corporation announced that they will report Q4, 2024 results at 7:00 AM, US Eastern Standard Time on Feb 25, 2025
お知らせ • Nov 26The Middleby Corporation (NasdaqGS:MIDD) acquired Gorreri - S.R.L.The Middleby Corporation (NasdaqGS:MIDD) acquired Gorreri - S.R.L. on November 26, 2024. For the period ending December 31, 2023, Gorreri - S.R.L. reported total revenue of $20 million. The acquisition adds a broad line of complementary products to Middleby's food processing group, including turbo mixers, dosing, injecting, decorating, enrobing and ultrasonic portioning solutions. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Gorreri - S.R.L. on November 26, 2024.
Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: US$2.12 (vs US$2.03 in 3Q 2023)Third quarter 2024 results: EPS: US$2.12 (up from US$2.03 in 3Q 2023). Revenue: US$942.8m (down 3.9% from 3Q 2023). Net income: US$114.2m (up 5.1% from 3Q 2023). Profit margin: 12% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 9% per year.
お知らせ • Oct 22The Middleby Corporation to Report Q3, 2024 Results on Oct 31, 2024The Middleby Corporation announced that they will report Q3, 2024 results Pre-Market on Oct 31, 2024
お知らせ • Oct 11The Middleby Corporation (NasdaqGS:MIDD) acquired Emery Thompson Machine & Supply Co.The Middleby Corporation (NasdaqGS:MIDD) acquired Emery Thompson Machine & Supply Co. on October 11, 2024. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Emery Thompson Machine & Supply Co. on October 11, 2024.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$2.15 (vs US$2.18 in 2Q 2023)Second quarter 2024 results: EPS: US$2.15 (down from US$2.18 in 2Q 2023). Revenue: US$991.5m (down 4.7% from 2Q 2023). Net income: US$115.4m (down 1.2% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Jul 22The Middleby Corporation to Report Q2, 2024 Results on Aug 01, 2024The Middleby Corporation announced that they will report Q2, 2024 results Pre-Market on Aug 01, 2024
Reported Earnings • May 08First quarter 2024 earnings released: EPS: US$1.61 (vs US$1.85 in 1Q 2023)First quarter 2024 results: EPS: US$1.61 (down from US$1.85 in 1Q 2023). Revenue: US$926.9m (down 8.0% from 1Q 2023). Net income: US$86.6m (down 13% from 1Q 2023). Profit margin: 9.3% (in line with 1Q 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Apr 26The Middleby Corporation to Report Q1, 2024 Results on May 08, 2024The Middleby Corporation announced that they will report Q1, 2024 results Pre-Market on May 08, 2024
お知らせ • Mar 30The Middleby Corporation, Annual General Meeting, May 14, 2024The Middleby Corporation, Annual General Meeting, May 14, 2024, at 10:00 Central Standard Time. Agenda: To elect nine directors to hold office until the 2025 Annual Meeting; to approve, on an advisory basis, the compensation of company executive officers; to ratify the selection of Ernst & Young LLP as Middleby’s independent public accountants for the fiscal year ending December 28, 2024; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.
Reported Earnings • Feb 21Full year 2023 earnings released: EPS: US$7.48 (vs US$8.07 in FY 2022)Full year 2023 results: EPS: US$7.48 (down from US$8.07 in FY 2022). Revenue: US$4.04b (flat on FY 2022). Net income: US$400.9m (down 8.2% from FY 2022). Profit margin: 9.9% (in line with FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Feb 15Now 22% undervaluedOver the last 90 days, the stock has risen 18% to €133. The fair value is estimated to be €170, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 6.2% per annum over the same time period.
お知らせ • Feb 08The Middleby Corporation (NasdaqGS:MIDD) acquired Gbt Gmbh BÄCkerei Technologie.The Middleby Corporation (NasdaqGS:MIDD) acquired Gbt Gmbh BÄCkerei Technologie on February 7, 2024. Adding GBT innovation to Middleby's existing bakery portfolio will allow us to expand our offerings and customer base with new full line solutions. For FY 2022, the revenues of Gbt Gmbh was approximately €10 million. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Gbt Gmbh BÄCkerei Technologie on February 7, 2024.
お知らせ • Feb 07The Middleby Corporation to Report Q4, 2023 Results on Feb 20, 2024The Middleby Corporation announced that they will report Q4, 2023 results Pre-Market on Feb 20, 2024
お知らせ • Jan 16Middleby Appoints Stephen Scherger and Tejas Shah to Its Board of DirectorsThe Middleby Corporation announced the expansion of its Board of Directors with the appointment of Stephen Scherger and Tejas Shah. Mr. Scherger is Chief Financial Officer of Graphic Packaging Holding Company with extensive business expertise in audit, acquisitions, distribution, and capital strategies. Mr. Shah is Global Chief Information Officer of Fluence Energy and brings a deep knowledge of cybersecurity and IoT to the Middleby Board along with proven success in implementing business-to-business and business-to-consumer strategies. Stephen Scherger is CFO of Graphic Packaging Holding Company, a position he has held since 2015. Under his leadership in this role the company has grown from $4 to $10 billion in revenues driven by above market organic growth and 20 completed acquisitions. His knowledge of global consumer packaging, including packaging of food for shared customers in the retail and restaurant industries, will be highly beneficial to Middleby. Prior to joining Graphic Packaging in 2012, Mr. Scherger spent 26 years in business and finance leadership positions with MeadWestvaco Corporation. He holds a B.S. in Business Administration with a concentration in Accounting from Bowling Green State University and has an MBA in Finance from the University of Cincinnati. Tejas Shah is currently the Global CIO of Fluence Energy Inc. where he is responsible for leading digital transformation, cybersecurity, and global corporate engineering. Before Fluence Energy he successfully launched new solutions into the marketplace, which broadened his experience in supply chain, finance, engineering, sales, and marketing. Mr. Shah brings experience in consumer product connectivity to his new role which is highly complementary to current Middleby technology pursuits. His experience with advanced energy management will be highly relevant as Middleby continues to develop customer solutions in electrification and decreased energy usage. Mr. Shah holds a B.S. from Gujarat University, India, is a Chartered Accountant from the Institute of Chartered Accountants of India (ICAI) and received his MBA from Silicon Valley University.
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: US$2.03 (vs US$1.94 in 3Q 2022)Third quarter 2023 results: EPS: US$2.03 (up from US$1.94 in 3Q 2022). Revenue: US$980.7m (down 1.2% from 3Q 2022). Net income: US$108.7m (up 4.1% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Oct 31The Middleby Corporation to Report Q3, 2023 Results on Nov 08, 2023The Middleby Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023
New Risk • Aug 17New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €558k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Significant insider selling over the past 3 months (€558k sold).
Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: US$2.18 (vs US$2.10 in 2Q 2022)Second quarter 2023 results: EPS: US$2.18 (up from US$2.10 in 2Q 2022). Revenue: US$1.04b (up 2.6% from 2Q 2022). Net income: US$116.9m (up 3.2% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 02The Middleby Corporation (NasdaqGS:MIDD) acquired Trade-Wind Manufacturing LLC.The Middleby Corporation (NasdaqGS:MIDD) acquired Trade-Wind Manufacturing LLC on August 1, 2023. Trade-Wind has approximately $10 million in annual revenues. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Trade-Wind Manufacturing LLC on August 1, 2023.
お知らせ • Jul 25The Middleby Corporation to Report Q2, 2023 Results on Aug 03, 2023The Middleby Corporation announced that they will report Q2, 2023 results Pre-Market on Aug 03, 2023
お知らせ • Jul 06The Middleby Corporation (NasdaqGS:MIDD) acquired TERRY Water Treatment Solutions.The Middleby Corporation (NasdaqGS:MIDD) acquired TERRY Water Treatment Solutions on July 5, 2023. TERRY has $5 million in annual sales. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of TERRY Water Treatment Solutions on July 5, 2023.
お知らせ • Jun 25The Middleby Corporation(NasdaqGS:MIDD) dropped from Russell 1000 Growth IndexThe Middleby Corporation(NasdaqGS:MIDD) dropped from Russell 1000 Growth Index
お知らせ • Jun 14The Middleby Corporation (NasdaqGS:MIDD) acquired Filtration Automation, Inc.The Middleby Corporation (NasdaqGS:MIDD) acquired Filtration Automation, Inc. on June 13, 2023. Filtration Automation has annual revenues of approximately $10 million.The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Filtration Automation, Inc. on June 13, 2023.
Recent Insider Transactions • May 28Independent Director recently sold €148k worth of stockOn the 22nd of May, John Miller sold around 1k shares on-market at roughly €131 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €593k more than they bought in the last 12 months.
お知らせ • May 17Middleby Announces Executive ChangesMiddleby announced the retirement of Chief Risk and Administration Officer Martin M. Lindsay and the appointment of two company officers. Brittany Cerwin was named Chief Accounting Officer and Matthew Fuchsen was named Chief Development Officer of the company. Mr. Lindsay, a senior leader with Middleby for nearly 25 years, will be retiring at the end of July and plans to remain an advisor to the company until the end of 2023. He will begin this transition immediately and step down as a company officer. Joining Middleby in 1999, Mr. Lindsay began his Middleby career at a time when the company market capitalization was less than $100 million with only a few brands and products in the commercial foodservice business. During his tenure the company grew to $8 billion in market capitalization and now $4 billion in sales with more than 150 brands across three business platforms.The company also announced the addition of two corporate officers, Brittany Cerwin and Matthew Fuchsen as Chief Accounting Officer and Chief Development Officer. Ms. Cerwin has been with Middleby for more than a decade in roles of increasing responsibility within the Middleby Corporate Accounting department. Most recently she was Corporate Controller, overseeing and directing the financial reporting functions of all Middleby brands and locations across the three business segments. She is responsible for the financial integration of new Middleby acquisitions, aligning their reporting and processes. Prior to joining Middleby in 2011 she was an auditor at Grant Thornton, LLP. Ms. Cerwin holds a bachelor's and master's degree in accounting from Bradley University.
お知らせ • May 11The Middleby Corporation (NasdaqGS:MIDD) acquired Blue Sparq, Inc.The Middleby Corporation (NasdaqGS:MIDD) acquired Blue Sparq, Inc. in the first quarter of 2023.The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Blue Sparq, Inc. in the first quarter of 2023.
Reported Earnings • May 10First quarter 2023 earnings released: EPS: US$1.85 (vs US$1.57 in 1Q 2022)First quarter 2023 results: EPS: US$1.85 (up from US$1.57 in 1Q 2022). Revenue: US$1.01b (up 1.3% from 1Q 2022). Net income: US$99.1m (up 16% from 1Q 2022). Profit margin: 9.8% (up from 8.6% in 1Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 22Full year 2022 earnings released: EPS: US$8.07 (vs US$8.85 in FY 2021)Full year 2022 results: EPS: US$8.07 (down from US$8.85 in FY 2021). Revenue: US$4.03b (up 24% from FY 2021). Net income: US$436.6m (down 11% from FY 2021). Profit margin: 11% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 11The Middleby Corporation to Report Q4, 2022 Results on Feb 21, 2023The Middleby Corporation announced that they will report Q4, 2022 results Pre-Market on Feb 21, 2023
お知らせ • Jan 25The Middleby Corporation (NasdaqGS:MIDD) acquired Flavor Burst Company, LLP.The Middleby Corporation (NasdaqGS:MIDD) acquired Flavor Burst Company, LLP on January 24, 2023. Flavor Burst Company has annual revenues of $5 million.The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Flavor Burst Company, LLP on January 24, 2023.
Recent Insider Transactions • Nov 20Independent Director recently sold €156k worth of stockOn the 18th of November, John Miller sold around 1k shares on-market at roughly €134 per share. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €687k more than they sold in the last 12 months.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Robert Nerbonne was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 12The Middleby Corporation (NasdaqGS:MIDD) acquired Escher Mixers Srl.The Middleby Corporation (NasdaqGS:MIDD) acquired Escher Mixers Srl on November 10, 2022. The company has annual revenues of €14.60 million. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Escher Mixers Srl on November 10, 2022.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: US$1.94 (vs US$3.19 in 3Q 2021)Third quarter 2022 results: EPS: US$1.94 (down from US$3.19 in 3Q 2021). Revenue: US$992.9m (up 21% from 3Q 2021). Net income: US$104.4m (down 41% from 3Q 2021). Profit margin: 11% (down from 22% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 01The Middleby Corporation to Report Q3, 2022 Results on Nov 09, 2022The Middleby Corporation announced that they will report Q3, 2022 results Pre-Market on Nov 09, 2022
Recent Insider Transactions • Aug 19Independent Director recently sold €77k worth of stockOn the 15th of August, Cathy McCarthy sold around 500 shares on-market at roughly €154 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €319k more than they sold in the last 12 months.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$2.10 (vs US$2.18 in 2Q 2021)Second quarter 2022 results: EPS: US$2.10 (down from US$2.18 in 2Q 2021). Revenue: US$1.01b (up 25% from 2Q 2021). Net income: US$113.2m (down 6.1% from 2Q 2021). Profit margin: 11% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Jul 29The Middleby Corporation (NasdaqGS:MIDD) acquired Colussi Ermes Srl.The Middleby Corporation (NasdaqGS:MIDD) acquired Colussi Ermes Srl on July 27, 2022. Colussi Ermes company has approximately $50 million in annual revenues. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to The Middleby Corporation. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Colussi Ermes Srl on July 27, 2022.
お知らせ • Jul 28The Middleby Corporation to Report Q2, 2022 Results on Aug 04, 2022The Middleby Corporation announced that they will report Q2, 2022 results Pre-Market on Aug 04, 2022
お知らせ • Jul 14The Middleby Corporation (NasdaqGS:MIDD) acquired CP Packaging, LLC.The Middleby Corporation (NasdaqGS:MIDD) acquired CP Packaging, LLC on July 12, 2022. CP Packaging has annual sales of approximately $15 million. Skadden acted as legal advisor to The Middleby Corporation. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of CP Packaging, LLC on July 12, 2022.
お知らせ • Jul 01The Middleby Corporation (NasdaqGS:MIDD) acquired Icetro Co., Ltd.The Middleby Corporation (NasdaqGS:MIDD) acquired Icetro Co., Ltd. on June 30, 2022. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Icetro Co., Ltd. on June 30, 2022.
お知らせ • Jun 30The Middleby Corporation (NasdaqGS:MIDD) acquired Proxaut Srl.The Middleby Corporation (NasdaqGS:MIDD) acquired Proxaut Srl on June 29, 2022. Proxaut has $15 million annual sales. The Middleby Corporation (NasdaqGS:MIDD) complete the acquisition of Proxaut Srl on June 29, 2022. Shilpi Gupta and Sandro de Bernardini of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to The Middleby Corporation in the transaction.
Recent Insider Transactions • May 27Independent Director recently bought €258k worth of stockOn the 24th of May, Nassem Ziyad bought around 2k shares on-market at roughly €127 per share. In the last 3 months, there was an even bigger purchase from another insider worth €953k. Despite this recent purchase, insiders have collectively sold €833k more in shares than they bought in the last 12 months.
Recent Insider Transactions • May 18CEO & Director recently bought €953k worth of stockOn the 12th of May, Timothy FitzGerald bought around 8k shares on-market at roughly €127 per share. This was the largest purchase by an insider in the last 3 months. This was Timothy's only on-market trade for the last 12 months.
Reported Earnings • May 11First quarter 2022 earnings released: EPS: US$1.57 (vs US$1.62 in 1Q 2021)First quarter 2022 results: EPS: US$1.57 (down from US$1.62 in 1Q 2021). Revenue: US$994.7m (up 31% from 1Q 2021). Net income: US$85.8m (down 3.9% from 1Q 2021). Profit margin: 8.6% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 9.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • May 03The Middleby Corporation to Report Q1, 2022 Results on May 10, 2022The Middleby Corporation announced that they will report Q1, 2022 results Pre-Market on May 10, 2022
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Robert Nerbonne was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 01The Middleby Corporation, Annual General Meeting, May 16, 2022The Middleby Corporation, Annual General Meeting, May 16, 2022, at 10:30 Central Daylight. Agenda: To elect seven directors to hold office until the 2023 Annual Meeting; to approve, on an advisory basis, the compensation of executive officers; to ratify the selection of Ernst & Young LLP as Middleby’s independent public accountants for the fiscal year ending December 31, 2022; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.
Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Robert Nerbonne was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Mar 18Independent Director recently bought €92k worth of stockOn the 14th of March, Robert Nerbonne bought around 600 shares on-market at roughly €154 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €2.2m more in shares than they bought in the last 12 months.
Recent Insider Transactions • Mar 16Independent Director recently sold €424k worth of stockOn the 7th of March, John Miller sold around 3k shares on-market at roughly €153 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months.
Board Change • Mar 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Robert Nerbonne was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$8.85 (up from US$3.76 in FY 2020). Revenue: US$3.25b (up 29% from FY 2020). Net income: US$488.5m (up 136% from FY 2020). Profit margin: 15% (up from 8.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 22%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 15The Middleby Corporation to Report Q4, 2021 Results on Feb 22, 2022The Middleby Corporation announced that they will report Q4, 2021 results Pre-Market on Feb 22, 2022
お知らせ • Dec 29The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Masterbuilt Holdings LLC from Dominus Capital, L.P.The Middleby Corporation (NasdaqGS:MIDD) entered into an agreement to acquire Masterbuilt Holdings LLC from Dominus Capital, L.P. for approximately $390 million on December 6, 2021. The consideration is payable in cash and will be funded under Middleby’s existing senior credit facility. The transaction is subject to customary closing conditions including regulatory approvals and is expected to close in December 2021. Transaction is expected to be accretive to adjusted EPS in 2022. William Blair and Sawaya Partners, LLC served as financial advisors, and White & Case LLP served as legal counsel for Masterbuilt. Shilpi Gupta, Douglas R. Nemec, Joseph M. Yaffe and Eric B. Sensenbrenner of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisors for Middleby Corporation. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Masterbuilt Holdings LLC from Dominus Capital, L.P. on December 27, 2021.
お知らせ • Dec 28The Middleby Corporation (NasdaqGS:MIDD) acquired Char Griller.The Middleby Corporation (NasdaqGS:MIDD) acquired Char Griller on December 27, 2021. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Char Griller on December 27, 2021.
お知らせ • Dec 08The Middleby Corporation (NasdaqGS:MIDD) entered into an agreement to acquire Masterbuilt Holdings LLC from Dominus Capital, L.P. for approximately $390 million.The Middleby Corporation (NasdaqGS:MIDD) entered into an agreement to acquire Masterbuilt Holdings LLC from Dominus Capital, L.P. for approximately $390 million on December 6, 2021. The consideration is payable in cash and will be funded under Middleby’s existing senior credit facility. The transaction is subject to customary closing conditions including regulatory approvals and is expected to close in December 2021. Transaction is expected to be accretive to adjusted EPS in 2022. William Blair and Sawaya Partners, LLC served as financial advisors, and White & Case LLP served as legal counsel for Masterbuilt.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS US$3.19 (vs US$1.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$817.5m (up 29% from 3Q 2020). Net income: US$176.0m (up 191% from 3Q 2020). Profit margin: 22% (up from 9.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
お知らせ • Sep 25The Middleby Corporation (NasdaqGS:MIDD) acquired Spenuzza, Inc.The Middleby Corporation (NasdaqGS:MIDD) acquired Spenuzza, Inc. on September 24, 2021. Imperial has annual revenues of approximately $40 million. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of Spenuzza, Inc. on September 24, 2021.
Recent Insider Transactions • Sep 20Independent Director recently bought €171k worth of stockOn the 16th of September, Robert Nerbonne bought around 1k shares on-market at roughly €147 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.9m more in shares than they bought in the last 12 months.
Recent Insider Transactions • Sep 04Chief Technology & Operations Officer recently sold €154k worth of stockOn the 1st of September, James Pool sold around 1k shares on-market at roughly €154 per share. In the last 3 months, they made an even bigger sale worth €609k. James has been a seller over the last 12 months, reducing personal holdings by €1.3m.
Recent Insider Transactions • Aug 19Chief Technology & Operations Officer recently sold €574k worth of stockOn the 18th of August, James Pool sold around 4k shares on-market at roughly €151 per share. This was the largest sale by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.
Reported Earnings • Aug 14Second quarter 2021 earnings released: EPS US$2.18 (vs US$0.39 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$808.8m (up 71% from 2Q 2020). Net income: US$120.6m (up 470% from 2Q 2020). Profit margin: 15% (up from 4.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Reported Earnings • May 07First quarter 2021 earnings released: EPS US$1.62 (vs US$1.33 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: US$758.1m (up 12% from 1Q 2020). Net income: US$89.3m (up 21% from 1Q 2020). Profit margin: 12% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 02Full year 2020 earnings released: EPS US$3.76 (vs US$6.33 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$2.51b (down 15% from FY 2019). Net income: US$207.3m (down 41% from FY 2019). Profit margin: 8.2% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Mar 02Revenue beats expectationsRevenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 17%, compared to a 5.3% growth forecast for the Machinery industry in Germany.
Is New 90 Day High Low • Feb 27New 90-day high: €121The company is up 5.0% from its price of €115 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Machinery industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €133 per share.
お知らせ • Feb 25The Middleby Corporation Announces Executive ChangesThe Middleby Corporation announced that James K. Pool III and Steve Spittle have been named officers of Middleby. James has been named to Chief Technology and Operations Officer. Steve has been appointed to Chief Commercial Officer. James and Steve will also continue to have responsibility for the portfolio of cooking and technology brands within the Commercial Foodservice Group. Korey Kohl has been appointed to lead the Middleby Beverage Group and Najib Maalouf to lead the Middleby Residential Kitchen Equipment Group. Group Presidents John Perruccio and Jeremy Dobrowolski, in addition to their brand management responsibilities, will lead strategic selling and service initiatives in the Commercial Foodservice Segment. George Koether has been promoted to Group President leading the Middleby business operations in Asia. Martin Lindsay has been appointed to Chief Risk and Administration Officer. Martin has served as the company treasurer since 1999 and is an existing officer of Middleby.
お知らせ • Feb 23The Middleby Corporation to Report Q4, 2020 Results on Mar 01, 2021The Middleby Corporation announced that they will report Q4, 2020 results Pre-Market on Mar 01, 2021
お知らせ • Feb 20+ 1 more updateThe Middleby Corporation Announces Retirement Od David Brewer as Chief Operating OfficerThe Middleby Corporation announced the retirement of Chief Operating Officer David Brewer, effective at the end of 2021. James K. Pool III and Steve Spittle were recently named officers of the company and they will share Dave’s responsibilities as he transitions to retirement during 2021. The three executives have worked closely together for more than 10 years. Together, Dave and Steve will ensure a seamless transition of key customer relationships throughout the year.
お知らせ • Dec 23The Middleby Corporation (NasdaqGS:MIDD) acquired United Foodservice Equipment Group.The Middleby Corporation (NasdaqGS:MIDD) acquired United Foodservice Equipment Group on December 21, 2020. United Foodservice reported annual revenues of $10 million. The Middleby Corporation (NasdaqGS:MIDD) completed the acquisition of United Foodservice Equipment Group on December 21, 2020.
Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 29% share price gain to US$113, the stock is trading at a trailing P/E ratio of 27.5x, up from the previous P/E ratio of 21.3x. This compares to an average P/E of 33x in the Machinery industry in Germany. Total returns to shareholders over the past three years are 20%.
Is New 90 Day High Low • Nov 12New 90-day high: €113The company is up 30% from its price of €87.00 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €101 per share.
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS US$1.10The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$634.5m (down 12% from 3Q 2019). Net income: US$60.5m (down 26% from 3Q 2019). Profit margin: 9.5% (down from 11% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.