The Middleby Corporation (NASDAQ:MIDD) Given Average Rating of “Moderate Buy” by Analysts

by · The Markets Daily

Shares of The Middleby Corporation (NASDAQ:MIDD – Get Free Report) have received an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $174.1667.

A number of research firms recently commented on MIDD. Wall Street Zen downgraded Middleby from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Zacks Research lowered shares of Middleby from a “strong-buy” rating to a “hold” rating in a report on Monday, January 26th. JPMorgan Chase & Co. boosted their target price on shares of Middleby from $125.00 to $140.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Robert W. Baird upped their price target on shares of Middleby from $159.00 to $197.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Middleby in a research report on Monday, December 29th.

Get Our Latest Stock Report on Middleby

Middleby Price Performance

Middleby stock opened at $143.08 on Monday. The stock’s fifty day moving average price is $155.54 and its two-hundred day moving average price is $140.89. Middleby has a one year low of $110.82 and a one year high of $169.44. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.57 and a quick ratio of 1.92. The firm has a market cap of $6.75 billion, a PE ratio of -24.97 and a beta of 1.37.

Middleby (NASDAQ:MIDD – Get Free Report) last released its earnings results on Thursday, February 26th. The industrial products company reported $2.14 earnings per share for the quarter, missing analysts’ consensus estimates of $2.27 by ($0.13). The company had revenue of $334.59 million for the quarter, compared to the consensus estimate of $1.01 billion. Middleby had a negative net margin of 7.44% and a positive return on equity of 14.57%. The business’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.88 earnings per share. Middleby has set its FY 2026 guidance at 9.200-9.360 EPS and its Q1 2026 guidance at 1.900-2.020 EPS. As a group, research analysts expect that Middleby will post 9.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Middleby

A number of institutional investors have recently modified their holdings of the business. Torren Management LLC bought a new stake in shares of Middleby during the 4th quarter worth $25,000. Clearstead Advisors LLC grew its position in Middleby by 201.8% in the fourth quarter. Clearstead Advisors LLC now owns 166 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 111 shares during the last quarter. Danske Bank A S acquired a new position in Middleby during the third quarter worth about $27,000. Larson Financial Group LLC lifted its holdings in shares of Middleby by 1,292.9% in the fourth quarter. Larson Financial Group LLC now owns 195 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 181 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Middleby by 168.8% in the second quarter. Allworth Financial LP now owns 207 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 130 shares during the last quarter. Institutional investors and hedge funds own 98.55% of the company’s stock.

Middleby Company Profile

(Get Free Report)

Middleby Corporation is a global manufacturer and distributor of commercial foodservice and food processing equipment. The company designs, engineers and markets a wide range of cooking, baking, refrigeration, warewashing, holding and dispensing solutions. Middleby’s products serve restaurants, hotels, convenience stores, institutional cafeterias, cruise ships and other foodservice operators.

The company’s portfolio spans multiple well-known brands, including Blodgett ovens, TurboChef rapid‐cook ovens, Southbend ranges and broilers, Pitco fryers, and Viking residential and commercial kitchen appliances.

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