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NASDAQ: MIDD
MIDDLEBY Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MIDD

Based on 5 analysts offering 12 month price targets for MIDDLEBY Corp.
Min Forecast
$165.00-6.12%
Avg Forecast
$199.00+13.23%
Max Forecast
$250.00+42.25%

Should I buy or sell MIDD stock?

Based on 5 analysts offering ratings for MIDDLEBY Corp.
Strong Buy
Strong Buy
4 analysts 80%
Buy
1 analysts 20%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

MIDD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 43%
58
Strong BuyMaintains$200.00+13.80%2021-07-14
Anonymous
Barclays
Strong BuyInitiates Coverage On$195.00+10.95%2021-06-10
Citigroup
Top 6%
95
Strong BuyUpgrades$200.00+13.80%2021-06-07
BMO Capital
Top 39%
62
BuyMaintains$250.00+42.25%2021-05-10
KeyBanc
Top 9%
92
Strong BuyMaintains$180.00+2.42%2021-03-02
Jefferies
Top 39%
62
Strong BuyUpgrades$165.00-6.12%2021-01-19

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Forecast return on equity

Is MIDD forecast to generate an efficient return?
Company
25.67%
Industry
27.16%
Market
46.47%
MIDD's Return on Equity is forecast to be high in 3 years (25.67%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is MIDD forecast to generate an efficient return on assets?
Company
10.22%
Industry
10.36%
MIDD is forecast to generate lower Return on Assets (10.22%) than the US Specialty Industrial Machinery industry average (10.36%)
Forecast

MIDD earnings per share forecast

What is MIDD's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$8.37+5.55%
Avg 2 year Forecast
$9.69+22.19%
Avg 3 year Forecast
$10.61+33.8%
MIDD's earnings are forecast to grow at a rate of 9.97% per year, which is not exceptional
Forecast

MIDD revenue forecast

What is MIDD's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$3.2B+3.82%
Avg 2 year Forecast
$3.6B+15.31%
Avg 3 year Forecast
$3.7B+19.57%
MIDD's revenue is forecast to grow at a rate of 6.48% per year, which is not exceptional
Forecast

MIDD earnings growth forecast

How is MIDD forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
9.97%
Industry
12.21%
Market
17.69%
MIDD's earnings are forecast to grow slower (9.97% per year) than the US Specialty Industrial Machinery industry average (12.21%)
Forecast
MIDD's earnings are forecast to grow slower (9.97% per year) than the US market average (17.69%)
Forecast
MIDD's earnings are forecast to grow faster (9.97% per year) than the risk-free savings rate (1.4%)
Forecast

MIDD revenue growth forecast

How is MIDD forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
6.48%
Industry
2.97%
Market
10.71%
MIDD's revenues are forecast to grow faster (6.48% per year) than the US Specialty Industrial Machinery industry average (2.97%)
Forecast
MIDD's revenues are forecast to grow slower (6.48% per year) than the US market average (10.71%)
Forecast

MIDDLEBY Corp Stock Forecast FAQ

Is MIDDLEBY Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: MIDD) stock is to Strong Buy MIDD stock.

Out of 5 analysts, 4 (80%) are recommending MIDD as a Strong Buy, 1 (20%) are recommending MIDD as a Buy, 0 (0%) are recommending MIDD as a Hold, 0 (0%) are recommending MIDD as a Sell, and 0 (0%) are recommending MIDD as a Strong Sell.

What is MIDD's earnings growth forecast for 2021-2023?

(NASDAQ: MIDD) MIDDLEBY Corp's forecast annual earnings growth rate of 9.97% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 12.21%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.69%.

MIDDLEBY Corp's earnings in 2021 is $437,651,000.On average, 6 Wall Street analysts forecast MIDD's earnings for 2021 to be $465,592,357, with the lowest MIDD earnings forecast at $450,016,985, and the highest MIDD earnings forecast at $475,605,096. On average, 6 Wall Street analysts forecast MIDD's earnings for 2022 to be $539,019,109, with the lowest MIDD earnings forecast at $514,543,525, and the highest MIDD earnings forecast at $596,870,489.

In 2023, MIDD is forecast to generate $590,195,329 in earnings, with the lowest earnings forecast at $526,225,053 and the highest earnings forecast at $654,165,606.

What is MIDD's revenue growth forecast for 2021-2023?

(NASDAQ: MIDD) MIDDLEBY Corp's forecast annual revenue growth rate of 6.48% is forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 2.97%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.71%.

MIDDLEBY Corp's revenue in 2021 is $3,113,672,000.On average, 5 Wall Street analysts forecast MIDD's revenue for 2021 to be $179,815,773,365, with the lowest MIDD revenue forecast at $179,506,157,229, and the highest MIDD revenue forecast at $180,284,925,807. On average, 5 Wall Street analysts forecast MIDD's revenue for 2022 to be $199,711,975,501, with the lowest MIDD revenue forecast at $190,526,288,871, and the highest MIDD revenue forecast at $214,050,106,296.

In 2023, MIDD is forecast to generate $207,098,484,211 in revenue, with the lowest revenue forecast at $188,131,575,494 and the highest revenue forecast at $226,065,392,928.

What is MIDD's forecast return on assets (ROA) for 2021-2023?

(NASDAQ: MIDD) forecast ROA is 10.22%, which is lower than the forecast US Specialty Industrial Machinery industry average of 10.36%.

What is MIDD's Price Target?

According to 5 Wall Street analysts that have issued a 1 year MIDD price target, the average MIDD price target is $199.00, with the highest MIDD stock price forecast at $250.00 and the lowest MIDD stock price forecast at $165.00.

On average, Wall Street analysts predict that MIDDLEBY Corp's share price could stay at $199.00 by Jul 14, 2022. The average MIDDLEBY Corp stock price prediction forecasts a potential downside of N/A from the current MIDD share price of $175.75.

What is MIDD's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: MIDD) MIDDLEBY Corp's current Earnings Per Share (EPS) is $7.93. On average, analysts forecast that MIDD's EPS will be $8.37 for 2021, with the lowest EPS forecast at $8.09, and the highest EPS forecast at $8.55. On average, analysts forecast that MIDD's EPS will be $9.69 for 2022, with the lowest EPS forecast at $9.25, and the highest EPS forecast at $10.73. In 2023, MIDD's EPS is forecast to hit $10.61 (min: $9.46, max: $11.76).

What is MIDD's forecast return on equity (ROE) for 2021-2023?

(NASDAQ: MIDD) forecast ROE is 25.67%, which is considered strong.
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