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

Buy MIDD

Analyst price target for MIDD

Based on 4 analysts offering 12 month price targets for MIDDLEBY CORP.
Min Forecast
$180.00+37.8%
Avg Forecast
$193.50+48.14%
Max Forecast
$217.00+66.13%

Should I buy or sell MIDD stock?

Based on 4 analysts offering ratings for MIDDLEBY CORP.
Strong Buy
Strong Buy
3 analysts 75%
Buy
0 analysts 0%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

MIDD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 4%
97
Strong BuyMaintains$180.00+37.80%2022-05-16
KeyBanc
Bottom 22%
22
Strong BuyMaintains$182.00+39.34%2022-05-11
JP Morgan
Top 10%
91
HoldMaintains$195.00+49.29%2022-03-28
Barclays
Bottom 11%
11
Strong BuyMaintains$217.00+66.13%2022-01-13

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Forecast return on equity

Is MIDD forecast to generate an efficient return?
Company
27.49%
Industry
32.54%
Market
39.08%
MIDD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MIDD forecast to generate an efficient return on assets?
Company
10.31%
Industry
11.69%
MIDD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MIDD earnings per share forecast

What is MIDD's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$9.59+8.98%
Avg 2 year Forecast
$10.77+22.39%
Avg 3 year Forecast
$12.27+39.43%
MIDD's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MIDD revenue forecast

What is MIDD's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$4.1B+16.99%
Avg 2 year Forecast
$4.3B+23.35%
Avg 3 year Forecast
$4.5B+28.85%
MIDD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MIDD earnings growth forecast

How is MIDD forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
11.05%
Industry
13.82%
Market
16.07%
MIDD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MIDD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

MIDD revenue growth forecast

How is MIDD forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
10.96%
Industry
5.43%
Market
8.42%
MIDD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MIDD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MIDD vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
MIDD$130.62$193.50+48.14%Strong Buy
LII$203.64$274.38+34.74%Hold
PNR$47.03$70.50+49.90%Hold
RRX$117.21$177.00+51.01%Strong Buy
GTLS$164.18$202.64+23.42%Strong Buy

MIDDLEBY Stock Forecast FAQ

Is MIDDLEBY Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: MIDD) stock is to Strong Buy MIDD stock.

Out of 4 analysts, 3 (75%) are recommending MIDD as a Strong Buy, 0 (0%) are recommending MIDD as a Buy, 1 (25%) 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 2022-2024?

(NASDAQ: MIDD) MIDDLEBY's forecast annual earnings growth rate of 11.05% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 13.82%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.07%.

MIDDLEBY's earnings in 2022 is $484,984,000.On average, 4 Wall Street analysts forecast MIDD's earnings for 2022 to be $521,598,479, with the lowest MIDD earnings forecast at $511,264,411, and the highest MIDD earnings forecast at $536,283,734. On average, 5 Wall Street analysts forecast MIDD's earnings for 2023 to be $585,778,480, with the lowest MIDD earnings forecast at $538,459,327, and the highest MIDD earnings forecast at $689,119,159.

In 2024, MIDD is forecast to generate $667,363,226 in earnings, with the lowest earnings forecast at $577,620,005 and the highest earnings forecast at $756,562,549.

What is MIDD's revenue growth forecast for 2022-2024?

(NASDAQ: MIDD) MIDDLEBY's forecast annual revenue growth rate of 10.96% is forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 5.43%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.42%.

MIDDLEBY's revenue in 2022 is $3,487,410,000.On average, 5 Wall Street analysts forecast MIDD's revenue for 2022 to be $221,900,829,090, with the lowest MIDD revenue forecast at $212,881,798,534, and the highest MIDD revenue forecast at $225,929,918,991. On average, 5 Wall Street analysts forecast MIDD's revenue for 2023 to be $233,965,472,623, with the lowest MIDD revenue forecast at $223,123,403,711, and the highest MIDD revenue forecast at $247,636,900,543.

In 2024, MIDD is forecast to generate $244,398,258,056 in revenue, with the lowest revenue forecast at $227,779,717,143 and the highest revenue forecast at $261,016,798,969.

What is MIDD's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: MIDD) forecast ROA is 10.31%, which is lower than the forecast US Specialty Industrial Machinery industry average of 11.69%.

What is MIDD's Price Target?

According to 4 Wall Street analysts that have issued a 1 year MIDD price target, the average MIDD price target is $193.50, with the highest MIDD stock price forecast at $217.00 and the lowest MIDD stock price forecast at $180.00.

On average, Wall Street analysts predict that MIDDLEBY's share price could reach $193.50 by May 16, 2023. The average MIDDLEBY stock price prediction forecasts a potential upside of 48.14% from the current MIDD share price of $130.62.

What is MIDD's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: MIDD) MIDDLEBY's current Earnings Per Share (EPS) is $8.80. On average, analysts forecast that MIDD's EPS will be $9.59 for 2022, with the lowest EPS forecast at $9.40, and the highest EPS forecast at $9.86. On average, analysts forecast that MIDD's EPS will be $10.77 for 2023, with the lowest EPS forecast at $9.90, and the highest EPS forecast at $12.67. In 2024, MIDD's EPS is forecast to hit $12.27 (min: $10.62, max: $13.91).

What is MIDD's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: MIDD) forecast ROE is 27.49%, which is considered strong.
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