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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
172.430
Open
170.490
VWAP
168.43
Vol
642.23K
Mkt Cap
7.53B
Low
166.211
Amount
108.17M
EV/EBITDA(TTM)
13.97
Total Shares
45.21M
EV
9.49B
EV/OCF(TTM)
18.55
P/S(TTM)
2.61
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.
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Events Timeline

(ET)
2026-06-22
08:30:00
Middleby Corporation Approves Spin-Off of Midera Food Processing
select
2026-05-12 (ET)
2026-05-12
09:20:00
Middleby Unveils Strategic Roadmap, Spin-Off Expected in 2026
select
2026-05-11 (ET)
2026-05-11
07:20:00
Middleby Corporation Renames Food Processing Business to Midera
select

News

seekingalpha
8.5
06-22seekingalpha
PinnedMiddleby Approves Spin-Off of Food Processing Business
  • Spin-Off Approval: Middleby has formally approved the spin-off of its food processing business, Midera, which is expected to be completed on July 6, 2026, marking a strategic transformation into two independent public companies that enhances market competitiveness.
  • Shareholder Distribution: Middleby shareholders of record as of June 26, 2026, will receive one Midera share for each Middleby share held, thereby increasing shareholder value and attracting investor interest in the newly formed entity.
  • Trading Details: Midera shares are expected to trade on Nasdaq under the ticker MFPVV on a when-issued basis starting June 26, 2026, with regular trading commencing on July 7, 2026, ensuring liquidity and market participation.
  • Future Outlook: Middleby forecasts adjusted EPS of $9.54 to $9.70 for 2026, reflecting the growth potential and profitability of the food processing segment post-spin-off, indicating a positive trajectory for the company’s financial performance.
NASDAQ.COM
6.5
06-19NASDAQ.COM
Zacks Premium Empowers Investors with Confidence in Stock Market
  • Investor Confidence Boost: Zacks Premium offers daily updates on Zacks Rank and Industry Rank, enabling investors to make more informed decisions, thereby enhancing their confidence and optimizing their investment portfolios.
  • Style Scoring System: The Zacks Style Scores rate stocks from A to F based on value, growth, and momentum characteristics, helping investors identify securities likely to outperform the market over the next 30 days, thus increasing the probability of investment success.
  • Strong Earnings Outlook: The Middleby Corp. (MIDD) is rated #2 (Buy) on the Zacks Rank with a VGM Score of B, and its stock has risen 18.6% over the past four weeks, indicating strong momentum that attracts momentum investors.
  • Upward Earnings Revisions: In the last 60 days, four analysts have revised their earnings estimates for MIDD upwards, with the Zacks Consensus Estimate increasing from $9.23 to $9.53 per share, reflecting enhanced future profitability and further solidifying its investment appeal.
CNBC
6.0
06-17CNBC
Latest Wall Street Ratings Overview
  • GE Vernova Rating: Bernstein initiates GE Vernova as outperform, citing the potential for U.S. natural gas to displace coal globally, thereby reducing electricity costs and providing reliable power, which could drive the stock price higher.
  • NeoVolta Buy Rating: Needham initiates coverage on NeoVolta with a Buy rating and an $8 price target, indicating significant upside potential for the battery company, reflecting strong market demand for its products.
  • Nvidia Outlook: Bernstein reiterates Nvidia as outperform, emphasizing the enormous and still early data center market opportunity, suggesting that the company's leadership in technology will continue to drive stock price growth.
  • Allegiant Acquisition Boost: Goldman Sachs reinstates Allegiant as a Buy with a $125 price target, believing that the acquisition of Sun Country will provide incremental profitable growth opportunities, enhancing the company's competitive position in the market.
NASDAQ.COM
2.0
06-01NASDAQ.COM
Middleby (MIDD) Q1 2026 Earnings Transcript
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.
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
Oppenheimer
Ian Zaffino
Outperform
initiated
$205
AI Analysis
2026-06-17
Reason
Oppenheimer
Ian Zaffino
Price Target
$205
AI Analysis
2026-06-17
initiated
Outperform
Reason
Oppenheimer analyst Ian Zaffino initiated coverage of Middleby with an Outperform rating and $205 price target.
Oppenheimer
Oppenheimer
Outperform
initiated
$205
2026-06-17
Reason
Oppenheimer
Oppenheimer
Price Target
$205
2026-06-17
initiated
Outperform
Reason
Oppenheimer initiated coverage of Middleby with an Outperform rating and $205 price target. Set to spin off its Food Processing on July 6th, the firm believes Middleby represents an interesting investment opportunity. The spin marks the final step in the company's transformation into a pure play Commercial Foodservice player, having sold 51% of its Residential Kitchen business to 26North Partners for $565M in cash in February 2026. Oppenheimer believes the remaining company will be a dominant player in the commercial foodservice space, with high cash flow, industry-leading margins, above-industry growth, a wide brand moat, and stabilizing end-markets.
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Valuation Metrics

The current forward P/E ratio for Middleby Corp (MIDD.O) is 17.76, compared to its 5-year average forward P/E of 15.56. 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
15.56
Current PE
17.76
Overvalued PE
18.02
Undervalued PE
13.09

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
162.13
Current EV/EBITDA
14.12
Overvalued EV/EBITDA
828.35
Undervalued EV/EBITDA
-504.10

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
2.00
Current PS
2.21
Overvalued PS
2.36
Undervalued PS
1.65

Financials

AI Analysis
Annual
Quarterly

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Whales Holding MIDD

D
Dixon Mitchell Investment Counsel, Inc.
Holding
MIDD
+11.24%
3M Return
E
EARNEST Partners, LLC
Holding
MIDD
+10.57%
3M Return
A
Ariel Investments, LLC
Holding
MIDD
+6.28%
3M Return
T
Turtle Creek Asset Management Inc.
Holding
MIDD
+5.26%
3M Return
S
Select Equity Group, L.P.
Holding
MIDD
+0.98%
3M Return

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Frequently Asked Questions

What is Middleby Corp (MIDD) stock price today?

The current price of MIDD is 166.65 USD — it has decreased -3.26

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 839.91M USD, increased 14.96

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

Middleby Corp. EPS for the last quarter amounts to -1.06 USD, decreased -162.72

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

Middleby Corp (MIDD) has 4309 emplpoyees as of June 23 2026.

What is Middleby Corp (MIDD) market cap?

Today MIDD has the market capitalization of 7.53B USD.