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Middleby NasdaqGS:MIDD Stock Report

Last Price

US$171.66

Market Cap

US$9.1b

7D

17.9%

1Y

18.0%

Updated

30 Jan, 2025

Data

Company Financials +

The Middleby Corporation

NasdaqGS:MIDD Stock Report

Market Cap: US$9.1b

MIDD Stock Overview

Designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. More details

MIDD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends0/6

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My Notes

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The Middleby Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Middleby
Historical stock prices
Current Share PriceUS$171.66
52 Week HighUS$177.90
52 Week LowUS$118.41
Beta1.61
1 Month Change26.73%
3 Month Change31.88%
1 Year Change17.96%
3 Year Change-6.38%
5 Year Change52.76%
Change since IPO23,308.19%

Recent News & Updates

Recent updates

Returns On Capital At Middleby (NASDAQ:MIDD) Have Hit The Brakes

Jan 20
Returns On Capital At Middleby (NASDAQ:MIDD) Have Hit The Brakes

The Middleby Corporation: If You Can't Stand The Heat, Stay Out Of The Kitchen

Jan 08

Is Middleby (NASDAQ:MIDD) A Risky Investment?

Jan 05
Is Middleby (NASDAQ:MIDD) A Risky Investment?

The Middleby Corporation's (NASDAQ:MIDD) Subdued P/E Might Signal An Opportunity

Dec 20
The Middleby Corporation's (NASDAQ:MIDD) Subdued P/E Might Signal An Opportunity

An Intrinsic Calculation For The Middleby Corporation (NASDAQ:MIDD) Suggests It's 44% Undervalued

Dec 05
An Intrinsic Calculation For The Middleby Corporation (NASDAQ:MIDD) Suggests It's 44% Undervalued

What Does The Middleby Corporation's (NASDAQ:MIDD) Share Price Indicate?

Nov 19
What Does The Middleby Corporation's (NASDAQ:MIDD) Share Price Indicate?

The Middleby Corporation Just Missed EPS By 8.2%: Here's What Analysts Think Will Happen Next

Nov 03
The Middleby Corporation Just Missed EPS By 8.2%: Here's What Analysts Think Will Happen Next

The Middleby Corporation: Organic Growth In The CF Segment Continues To Be Poor

Nov 02

Here's Why Middleby (NASDAQ:MIDD) Can Manage Its Debt Responsibly

Sep 19
Here's Why Middleby (NASDAQ:MIDD) Can Manage Its Debt Responsibly

Is The Middleby Corporation (NASDAQ:MIDD) Trading At A 47% Discount?

Sep 04
Is The Middleby Corporation (NASDAQ:MIDD) Trading At A 47% Discount?

Many Still Looking Away From The Middleby Corporation (NASDAQ:MIDD)

Aug 19
Many Still Looking Away From The Middleby Corporation (NASDAQ:MIDD)

Middleby: Rating Upgrade To Neutral Given Recent Results And Macro Developments

Aug 16

When Should You Buy The Middleby Corporation (NASDAQ:MIDD)?

Jul 29
When Should You Buy The Middleby Corporation (NASDAQ:MIDD)?

Investors Met With Slowing Returns on Capital At Middleby (NASDAQ:MIDD)

Jul 01
Investors Met With Slowing Returns on Capital At Middleby (NASDAQ:MIDD)

Middleby (NASDAQ:MIDD) Has A Pretty Healthy Balance Sheet

Jun 18
Middleby (NASDAQ:MIDD) Has A Pretty Healthy Balance Sheet

The Middleby Corporation: Rating Downgrade On Potential FY24 EBITDA Miss

Jun 14

An Intrinsic Calculation For The Middleby Corporation (NASDAQ:MIDD) Suggests It's 41% Undervalued

Jun 04
An Intrinsic Calculation For The Middleby Corporation (NASDAQ:MIDD) Suggests It's 41% Undervalued

Take Care Before Diving Into The Deep End On The Middleby Corporation (NASDAQ:MIDD)

May 06
Take Care Before Diving Into The Deep End On The Middleby Corporation (NASDAQ:MIDD)

The Middleby Corporation: Continued Growth And Cheap Stock Should Lead The Way Higher

Apr 01

Here's What To Make Of Middleby's (NASDAQ:MIDD) Decelerating Rates Of Return

Mar 21
Here's What To Make Of Middleby's (NASDAQ:MIDD) Decelerating Rates Of Return

Here's Why Middleby (NASDAQ:MIDD) Can Manage Its Debt Responsibly

Feb 19
Here's Why Middleby (NASDAQ:MIDD) Can Manage Its Debt Responsibly

Is There Now An Opportunity In The Middleby Corporation (NASDAQ:MIDD)?

Feb 05
Is There Now An Opportunity In The Middleby Corporation (NASDAQ:MIDD)?

Middleby acquires Colussi Ermes to enhance automated food safety solutions

Jul 27

Middleby acquires CP Packaging, expands offerings in packaging inovation

Jul 12

Middleby acquires Italian automation solutions firm

Jun 29

Shareholder Returns

MIDDUS MachineryUS Market
7D17.9%-0.6%-0.8%
1Y18.0%18.1%25.2%

Return vs Industry: MIDD matched the US Machinery industry which returned 18.1% over the past year.

Return vs Market: MIDD underperformed the US Market which returned 25.2% over the past year.

Price Volatility

Is MIDD's price volatile compared to industry and market?
MIDD volatility
MIDD Average Weekly Movement6.2%
Machinery Industry Average Movement5.8%
Market Average Movement6.5%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.3%

Stable Share Price: MIDD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MIDD's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188810,722Tim FitzGeraldwww.middleby.com

The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing. The company’s Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and automated washing systems, auto-guided vehicles, food safety, food handling, freezing, and defrosting and packaging equipment.

The Middleby Corporation Fundamentals Summary

How do Middleby's earnings and revenue compare to its market cap?
MIDD fundamental statistics
Market capUS$9.15b
Earnings (TTM)US$392.42m
Revenue (TTM)US$3.87b

23.5x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIDD income statement (TTM)
RevenueUS$3.87b
Cost of RevenueUS$2.40b
Gross ProfitUS$1.47b
Other ExpensesUS$1.08b
EarningsUS$392.42m

Last Reported Earnings

Sep 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.30
Gross Margin37.94%
Net Profit Margin10.14%
Debt/Equity Ratio66.9%

How did MIDD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 22:56
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Middleby Corporation is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mircea DobreBaird
Adam SeidenBarclays
Christopher WilliamsBB&T Capital Markets