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The Middleby (MIDD)

(Real Time Quote from BATS)

$140.90 USD

140.90
87,740

-3.79 (-2.62%)

Updated Apr 25, 2024 11:54 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 26% (66 out of 251)

Industry: Manufacturing - General Industrial

Better trading starts here.

Company Summary

Elgin, IL-based The Middleby Corporation provides cooking, warming, food preparation and packaging equipment to commercial, industrial processing and residential markets. Formerly known as Oven Company, it was acquired by TMC Industries Ltd. in 1983. Post the acquisition, the company's name was changed to Middleby Corporation in 1985.

The company has manufacturing and distribution operations in Europe, Asia and Latin America.

The company operates in three main segments.

Commercial Foodservice Equipment Group (62.5% of total revenues in 2023) manufactures cooking equipment for restaurants and institutional kitchens. The products include conveyor ovens, proofing ovens, speed cooking ovens and induction ...

General Information

The Middleby Corporation

1400 TOASTMASTER DRIVE

ELGIN, IL 60120

Phone: 847-741-3300

Fax: 847-741-0015

Web: http://www.middleby.com

Email: jjoyner@middleby.com

Industry Manufacturing - General Industrial
Sector Industrial Products
Fiscal Year End December
Last Reported Quarter 3/31/2024
Exp Earnings Date

This is an estimated date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

5/8/2024

EPS Information

Current Quarter EPS Consensus Estimate 2.05
Current Year EPS Consensus Estimate 10.27
Estimated Long-Term EPS Growth Rate NA
Exp Earnings Date

This is an estimated date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

5/8/2024

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 144.69
52 Week High 161.02
52 Week Low 109.59
Beta 1.56
20 Day Moving Average 266,488.91
Target Price Consensus 166.22

MIDD

% Price Change
4 Week -9.30
12 Week 2.57
YTD -1.69
% Price Change Relative to S&P 500
4 Week -6.14
12 Week -2.00
YTD -7.54
Share Information
Shares Outstanding (millions) 53.60
Market Capitalization (millions) 7,755.88
Short Ratio NA
Last Split Date 6/27/2014
Dividend Information
Dividend Yield 0.00%
Annual Dividend $0.00
Payout Ratio 0.00
Change in Payout Ratio 0.00
Last Dividend Payout / Amount NA / $0.00

Fundamental Ratios

P/E
P/E (F1) 14.09
Trailing 12 Months 14.98
PEG Ratio NA
EPS Growth
vs. Previous Year 3.11%
vs. Previous Quarter 12.77%
   
Sales Growth
vs. Previous Year -2.24%
vs. Previous Quarter 2.85%
   
Price Ratios
Price/Book 2.39
Price/Cash Flow 11.87
Price / Sales 1.92
ROE
3/31/24 NA
12/31/23 16.99
9/30/23 17.52
ROA
3/31/24 NA
12/31/23 7.47
9/30/23 7.43
Current Ratio
3/31/24 NA
12/31/23 2.31
9/30/23 2.27
Quick Ratio
3/31/24 NA
12/31/23 1.21
9/30/23 1.09
Operating Margin
3/31/24 NA
12/31/23 12.85
9/30/23 12.68
Net Margin
3/31/24 NA
12/31/23 9.93
9/30/23 11.28
Pre-Tax Margin
3/31/24 NA
12/31/23 12.87
9/30/23 14.64
Book Value
3/31/24 NA
12/31/23 60.63
9/30/23 57.74
Inventory Turnover
3/31/24 NA
12/31/23 2.41
9/30/23 2.35
Debt-to-Equity
3/31/24 NA
12/31/23 0.73
9/30/23 0.82
Debt to Capital
3/31/24 NA
12/31/23 42.28
9/30/23 45.03