The Middleby (MIDD)
(Delayed Data from NSDQ)
$140.65 USD
-0.41 (-0.29%)
Updated Aug 27, 2024 04:00 PM ET
After-Market: $140.61 -0.04 (-0.03%) 7:58 PM ET
3-Hold of 5 3
B Value C Growth F Momentum C VGM
Company Summary
Elgin, IL-based The Middleby Corporation provides cooking, warming, food preparation and packaging equipment to commercial, industrial processing and residential markets. Formerly known as Oven Company, it was acquired by TMC Industries Ltd. in 1983.
The company has manufacturing and distribution operations in the United States and Canada (69.9% of 2023 net revenues), Asia (7.1%), Europe and Middle East (19.2%) and Latin America (3.8%). Exiting 2023, the company had an employee base of 10,722 people.
The company operates in three main segments.
Commercial Foodservice Equipment Group (62.5% of total revenues in 2023) manufactures cooking equipment for restaurants and institutional kitchens. The ...
Company Summary
Elgin, IL-based The Middleby Corporation provides cooking, warming, food preparation and packaging equipment to commercial, industrial processing and residential markets. Formerly known as Oven Company, it was acquired by TMC Industries Ltd. in 1983.
The company has manufacturing and distribution operations in the United States and Canada (69.9% of 2023 net revenues), Asia (7.1%), Europe and Middle East (19.2%) and Latin America (3.8%). Exiting 2023, the company had an employee base of 10,722 people.
The company operates in three main segments.
Commercial Foodservice Equipment Group (62.5% of total revenues in 2023) manufactures cooking equipment for restaurants and institutional kitchens. The products include conveyor ovens, proofing ovens, speed cooking ovens and induction cooking equipment. The equipment in this segment are sold under brands like Combi, Lang, MPC, PrefectFry, CookTek, Southbend and Wells.
Notably, this segment’s manufacturing operations are based in Arkansas, Illinois, California, Michigan, North Carolina, Texas, Washington, Australia, China, Denmark and Italy, among others.
Food Processing Equipment Group (17.8%) manufactures equipment for the food processing industry. It offers a variety of products including batch ovens, processing ovens, defrosting and packaging equipment among others. The products are sold under various brands such as Auto-Bake, Alkar, Cozzini and RapidPak.
This segment’s manufacturing operations are located in Georgia, North Carolina, Illinois, Iowa, Oklahoma, Washington, Denmark, France, Germany, India, and the United Kingdom, among others.
Residential Kitchen Equipment Group (19.7%) manufactures equipment for the residential market, recording the revenues for Viking and Brigade. It offers ovens, dishwashers, cooktops, microwaves and other outdoor equipment.
Notably, this segment’s manufacturing facilities are located in California, Mississippi, Michigan, Wisconsin, France, Ireland and the United Kingdom.
General Information
The Middleby Corporation
1400 TOASTMASTER DRIVE
ELGIN, IL 60120
Phone: 847-741-3300
Fax: 847-741-0015
Email: jjoyner@middleby.com
Industry | Manufacturing - General Industrial |
Sector | Industrial Products |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/13/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 2.50 |
Current Year EPS Consensus Estimate | 9.66 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 11/13/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 141.06 |
52 Week High | 161.02 |
52 Week Low | 109.59 |
Beta | 1.61 |
20 Day Moving Average | 641,557.38 |
Target Price Consensus | 161.13 |
4 Week | 6.51 |
12 Week | 10.85 |
YTD | -4.15 |
4 Week | 3.60 |
12 Week | 4.27 |
YTD | -18.60 |
Shares Outstanding (millions) | 53.77 |
Market Capitalization (millions) | 7,584.73 |
Short Ratio | NA |
Last Split Date | 6/27/2014 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 14.60 |
Trailing 12 Months | 15.20 |
PEG Ratio | NA |
vs. Previous Year | -3.24% |
vs. Previous Quarter | 26.46% |
vs. Previous Year | -4.66% |
vs. Previous Quarter | 6.97% |
Price/Book | 2.22 |
Price/Cash Flow | 11.58 |
Price / Sales | 1.94 |
6/30/24 | 15.25 |
3/31/24 | 15.88 |
12/31/23 | 16.99 |
6/30/24 | 7.18 |
3/31/24 | 7.25 |
12/31/23 | 7.47 |
6/30/24 | 2.50 |
3/31/24 | 2.40 |
12/31/23 | 2.31 |
6/30/24 | 1.43 |
3/31/24 | 1.28 |
12/31/23 | 1.21 |
6/30/24 | 12.76 |
3/31/24 | 12.70 |
12/31/23 | 12.85 |
6/30/24 | 9.90 |
3/31/24 | 9.82 |
12/31/23 | 9.93 |
6/30/24 | 12.82 |
3/31/24 | 12.70 |
12/31/23 | 12.87 |
6/30/24 | 63.64 |
3/31/24 | 61.77 |
12/31/23 | 60.63 |
6/30/24 | 2.54 |
3/31/24 | 2.47 |
12/31/23 | 2.41 |
6/30/24 | 0.69 |
3/31/24 | 0.72 |
12/31/23 | 0.73 |
6/30/24 | 40.82 |
3/31/24 | 41.72 |
12/31/23 | 42.28 |