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NASDAQ: MIDD
Middleby Corp Stock

$137.00-3.53 (-2.51%)
Updated Mar 22, 2023
MIDD Price
$137.00
Fair Value Price
$139.98
Market Cap
$7.34B
52 Week Low
$120.30
52 Week High
$171.35
P/E
16.98x
P/B
2.63x
P/S
1.8x
PEG
0.7x
Dividend Yield
N/A
Revenue
$4.03B
Earnings
$436.57M
Gross Margin
35.9%
Operating Margin
16.2%
Profit Margin
10.8%
Debt to Equity
1.46
Operating Cash Flow
$333M
Beta
1.16
Next Earnings
May 8, 2023
Ex-Dividend
N/A
Next Dividend
N/A

MIDD Overview

The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, 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; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. 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, formers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.

Zen Score

Industry Average (39)
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Due Diligence Checks

MIDD ($137.00) is undervalued by 2.13% relative to our estimate of its Fair Value price of $139.98 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
MIDD ($137.00) is not significantly undervalued (2.13%) relative to our estimate of its Fair Value price of $139.98 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MIDD ($137.00) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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MIDD News

Valuation

MIDD fair value

Fair Value of MIDD stock based on Discounted Cash Flow (DCF)
Price
$137.00
Fair Value
$139.98
Undervalued by
2.13%
MIDD ($137.00) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MIDD ($137.00) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MIDD ($137.00) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MIDD price to earnings (PE)

For valuing profitable companies with steady earnings
Company
16.98x
Industry
-123.81x
Market
22.44x
MIDD is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MIDD is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

MIDD price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.63x
Industry
4.23x
MIDD is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MIDD price to earnings growth (PEG)

For valuing profitable companies with growth potential
MIDD is good value based... subscribe to Premium to read more.
PEG Value Valuation

MIDD's financial health

Profit margin

Revenue
$1.0B
Net Income
$133.2M
Profit Margin
12.9%
MIDD's Earnings (EBIT) of $653.39M... subscribe to Premium to read more.
Interest Coverage Financials
MIDD's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.9B
Liabilities
$4.1B
Debt to equity
1.46
MIDD's short-term assets ($2.01B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MIDD's long-term liabilities ($3.09B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MIDD's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MIDD's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$159.1M
Investing
-$90.5M
Financing
-$65.0M
MIDD's operating cash flow ($332.55M)... subscribe to Premium to read more.
Debt Coverage Financials

MIDD vs Specialty Industrial Machinery Stocks

TickerMarket Cap1d %P/EP/B
MIDD$7.34B-2.51%16.98x2.63x
DCI$7.66B-1.65%21.70x6.41x
GNRC$6.84B-3.62%19.92x3.03x
ITT$6.79B-2.38%18.66x3.02x
CW$6.44B-1.89%21.95x3.23x

Middleby Stock FAQ

What is Middleby's quote symbol?

NASDAQ: MIDD) Middleby trades on the NASDAQ under the ticker symbol MIDD. Middleby stock quotes can also be displayed as NASDAQ: MIDD.

If you're new to stock investing, here's how to buy Middleby stock.

What is the 52 week high and low for Middleby (NASDAQ: MIDD)?

(NASDAQ: MIDD) Middleby's 52-week high was $171.35, and its 52-week low was $120.30. It is currently -20.05% from its 52-week high and 13.88% from its 52-week low.

How much is Middleby stock worth today?

(NASDAQ: MIDD) Middleby currently has 53,609,743 outstanding shares. With Middleby stock trading at $137.00 per share, the total value of Middleby stock (market capitalization) is $7.34B.

Middleby stock was originally listed at a price of $1.30 in Dec 31, 1997. If you had invested in Middleby stock at $1.30, your return over the last 25 years would have been 10,422.27%, for an annualized return of 20.47% (not including any dividends or dividend reinvestments).

How much is Middleby's stock price per share?

(NASDAQ: MIDD) Middleby stock price per share is $137.00 today (as of Mar 22, 2023).

What is Middleby's Market Cap?

(NASDAQ: MIDD) Middleby's market cap is $7.34B, as of Mar 24, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Middleby's market cap is calculated by multiplying MIDD's current stock price of $137.00 by MIDD's total outstanding shares of 53,609,743.
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