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MIDD Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
166.886
Open
161.200
VWAP
163.37
Vol
1.11M
Mkt Cap
7.68B
Low
158.565
Amount
180.98M
EV/EBITDA(TTM)
13.87
Total Shares
46.62M
EV
9.63B
EV/OCF(TTM)
17.05
P/S(TTM)
2.68
The Middleby Corporation is engaged in foodservice industry. The Company develops and manufactures a broad line of solutions used in commercial food service and food processing. Its segments include the Commercial Foodservice Equipment Group and the Food Processing Equipment Group. The Commercial Foodservice Equipment Group has a portfolio of foodservice equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage applications within a commercial kitchen or foodservice operation. This equipment is used across all types of food service operations, including quick-service restaurants, full-service restaurants, ghost kitchens, supermarkets and others. The Food Processing Equipment Group offers a portfolio of processing solutions for customers producing protein products, such as bacon, salami and dry cure, sausage and hot dogs, egg bites, poultry, alternative protein, case ready, lunch meat and pet food and producers of bakery products.
Show More

Events Timeline

(ET)
2026-05-07
07:30:00
Sees Revenue of $3.36B-$3.44B, Consensus $3.32B
select
2026-05-07
07:30:00
Middleby Reports Q1 Revenue of $840M, Exceeding Expectations
select
2026-05-07
07:30:00
Sees Revenue of $815M to $950M
select
2026-05-04 (ET)
2026-05-04
07:10:00
Middleby Corporation Files Registration for Food Processing Spin-Off
select

News

seekingalpha
9.5
05-07seekingalpha
Middleby Corporation Raises Guidance Amid Strong Q1 2026 Performance
  • Strong Financial Performance: Middleby reported approximately $840 million in total revenue for Q1 2026, with adjusted EBITDA around $181 million and adjusted EPS of $2.16, indicating robust performance and profitability in the market.
  • Commercial Foodservice Growth: The segment generated approximately $616 million in revenue, driven primarily by market demand and double-digit growth from dealer partners, showcasing the company's competitive edge and increasing market share in the commercial foodservice sector.
  • Food Processing Innovation: The Food Processing segment achieved 25% organic revenue growth with orders totaling $231 million, highlighting the success of international expansion and acquisition strategies, particularly with new projects in Kenya marking entry into new markets.
  • Optimistic Future Outlook: CFO Cerwin raised the full-year revenue target for 2026 to $3.36 billion to $3.44 billion, with adjusted EPS projected between $9.54 and $9.70, reflecting the company's confidence in future growth and market opportunities.
seekingalpha
9.5
05-07seekingalpha
Middleby Reports Strong Q1 Results, Raises Guidance
  • Earnings Beat: Middleby reported Q1 revenue of approximately $840 million, exceeding the consensus estimate of $777.1 million, which led to a 7.7% increase in premarket trading, highlighting the company's strong performance in the commercial kitchen equipment sector.
  • Profitability Improvement: Adjusted earnings per share reached $2.16, surpassing analysts' expectations of $1.94, while net income slightly rose to $85.3 million, reflecting robust growth across all business segments.
  • Strong Order Trends: The food processing segment's backlog reached $416 million with a book-to-bill ratio above 1.0, indicating sustained demand in this area, which is expected to drive future revenue growth.
  • Strategic Restructuring Plans: Middleby plans to spin off its food processing division into an independent publicly traded company by July 6, aiming to create more focused business entities, while repurchasing 2.4 million shares in the quarter to enhance shareholder returns.
seekingalpha
9.5
05-06seekingalpha
Middleby Scheduled to Announce Q1 Earnings on May 7
  • Earnings Announcement Date: Middleby (MIDD) is set to release its Q1 earnings on May 7 before market open, with a consensus EPS estimate of $1.94, reflecting a 6.7% year-over-year decline, which may negatively impact investor sentiment.
  • Revenue Expectations Decline: The anticipated revenue for Q1 is $777.14 million, down 14.3% year-over-year, indicating challenges the company faces in the current economic environment, which could influence future investment decisions.
  • Historical Performance Review: Over the past two years, Middleby has beaten EPS estimates 75% of the time and revenue estimates 63% of the time, demonstrating a degree of stability in financial performance, despite the current unfavorable expectations.
  • Estimate Revision Dynamics: In the last three months, EPS estimates have seen three upward revisions and two downward revisions, while revenue estimates have experienced one upward revision and four downward revisions, reflecting market divergence regarding the company's future performance, potentially leading to stock price volatility.
NASDAQ.COM
5.0
03-25NASDAQ.COM
Middleby Appoints New Chief Financial Officer
  • Executive Change: Middleby Corporation has appointed Brittany Cerwin as Chief Financial Officer, effective immediately, replacing Bryan Mittelman, who has served as CFO since 2019 and will transition to a Special Advisor role to the CEO, indicating the company's commitment to strong financial leadership.
  • Financial Background: Brittany Cerwin has been an integral part of the Middleby finance team since joining 15 years ago, and her financial expertise and exceptional leadership are highly respected within the organization, suggesting stability and continuity in the company's financial management going forward.
  • Market Reaction: On the day prior to the announcement, Middleby shares closed at $136.10, down 1.13%, reflecting a cautious market sentiment regarding the executive change, which may impact investor confidence.
  • Strategic Implications: This executive transition not only recognizes internal talent but may also bring new financial strategic directions for Middleby to navigate the evolving market landscape and enhance the company's competitiveness.
seekingalpha
5.0
03-25seekingalpha
Middleby Appoints New CFO Brittany Cerwin
  • Executive Change: Middleby has appointed Brittany Cerwin as CFO, effective immediately, succeeding Bryan Mittelman, who has served as CFO since 2019 and will transition to a special advisor role, indicating a strategic shift in financial leadership.
  • Financial Expertise: Cerwin, previously the chief accounting officer, brings extensive financial management experience, and her appointment is expected to enhance the company's financial leadership, aiding in performance optimization amid weak industry demand.
  • Strategic Revenue Goals: Middleby has set a revenue target of $3.27 billion to $3.36 billion for 2026, reflecting the company's commitment to portfolio optimization while aiming for robust growth in a challenging market environment, which may bolster investor confidence.
  • Market Challenges: Despite proactive strategic adjustments, weak industry demand remains a significant overhang, and Cerwin's appointment could help the company navigate these challenges more effectively and enhance financial flexibility.
moomoo
5.0
03-25moomoo
MIDDLEBY NAMES BRITTANY CERWIN AS CFO
  • New Appointment: Brittany Cerwin has been appointed as the Chief Financial Officer (CFO).
  • Role Significance: The CFO position is crucial for overseeing the financial operations and strategy of the organization.
Wall Street analysts forecast MIDD stock price to rise
6 Analyst Rating
Wall Street analysts forecast MIDD stock price to rise
4 Buy
1 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
125.00
Averages
163.60
High
175.00
Current: 0.000
sliders
Low
125.00
Averages
163.60
High
175.00
Baird
Outperform
maintain
$197 -> $205
AI Analysis
2026-05-08
New
Reason
Baird
Price Target
$197 -> $205
AI Analysis
2026-05-08
New
maintain
Outperform
Reason
Baird raised the firm's price target on Middleby to $205 from $197 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results with positive momentun in both segements ahead of its food processing spinoff.
Canaccord
Buy
downgrade
$203 -> $200
2026-05-08
New
Reason
Canaccord
Price Target
$203 -> $200
2026-05-08
New
downgrade
Buy
Reason
Canaccord lowered the firm's price target on Middleby to $200 from $203 and keeps a Buy rating on the shares. The firm said they reported strong beat and raise Q1 results with sales roughly 8% ahead of consensus, driven by a Food Processing segment that grew a robust +25% organically and a return to growth in Commercial Foodservice (CFS) where organic sales increased +8%.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MIDD
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Valuation Metrics

The current forward P/E ratio for Middleby Corp (MIDD.O) is 15.15, compared to its 5-year average forward P/E of 15.64. For a more detailed relative valuation and DCF analysis to assess Middleby Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
15.64
Current PE
15.15
Overvalued PE
18.18
Undervalued PE
13.10

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
162.18
Current EV/EBITDA
14.08
Overvalued EV/EBITDA
828.39
Undervalued EV/EBITDA
-504.03

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.02
Current PS
2.24
Overvalued PS
2.40
Undervalued PS
1.65

Financials

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Quarterly

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Whales Holding MIDD

D
Dixon Mitchell Investment Counsel, Inc.
Holding
MIDD
+4.89%
3M Return
E
EARNEST Partners, LLC
Holding
MIDD
+2.82%
3M Return
T
Turtle Creek Asset Management Inc.
Holding
MIDD
-3.38%
3M Return
C
Clarkston Capital Partners, LLC
Holding
MIDD
-5.62%
3M Return
S
Select Equity Group, L.P.
Holding
MIDD
-8.32%
3M Return

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Frequently Asked Questions

What is Middleby Corp (MIDD) stock price today?

The current price of MIDD is 164.67 USD — it has increased 4.07

What is Middleby Corp (MIDD)'s business?

The Middleby Corporation is engaged in foodservice industry. The Company develops and manufactures a broad line of solutions used in commercial food service and food processing. Its segments include the Commercial Foodservice Equipment Group and the Food Processing Equipment Group. The Commercial Foodservice Equipment Group has a portfolio of foodservice equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage applications within a commercial kitchen or foodservice operation. This equipment is used across all types of food service operations, including quick-service restaurants, full-service restaurants, ghost kitchens, supermarkets and others. The Food Processing Equipment Group offers a portfolio of processing solutions for customers producing protein products, such as bacon, salami and dry cure, sausage and hot dogs, egg bites, poultry, alternative protein, case ready, lunch meat and pet food and producers of bakery products.

What is the price predicton of MIDD Stock?

Wall Street analysts forecast MIDD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MIDD is163.60 USD with a low forecast of 125.00 USD and a high forecast of 175.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Middleby Corp (MIDD)'s revenue for the last quarter?

Middleby Corp revenue for the last quarter amounts to 334.58M USD, increased 15.79

What is Middleby Corp (MIDD)'s earnings per share (EPS) for the last quarter?

Middleby Corp. EPS for the last quarter amounts to 0.74 USD, decreased -64.25

How many employees does Middleby Corp (MIDD). have?

Middleby Corp (MIDD) has 4309 emplpoyees as of May 10 2026.

What is Middleby Corp (MIDD) market cap?

Today MIDD has the market capitalization of 7.68B USD.