The Middleby Corporation with ticker code (MIDD) now have 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $181.00 and $159.00 and has a mean target at $168.67. Given that the stocks previous close was at $135.79 this would imply there is now a potential upside of 24.2%. Also worth taking note is the 50 day moving average now sits at $147.08 and the 200 day moving average is $138.77. The company has a market capitalization of 7.13B. The stock price for the company is currently $132.64 USD
The potential market cap would be $8,858,750,898 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 18.47, revenue per share of $73.82 and a 6.41% return on assets.
The Middleby Corporation is a foodservice company. It develops and manufactures a line of solutions. Its segments include the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The Commercial Foodservice Equipment Group segment has a portfolio of foodservice equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage application within a commercial kitchen or foodservice operation. The Food Processing Equipment Group segment offers a portfolio of processing solutions for customers producing protein products, such as bacon, salami, hot dogs, dinner sausages, poultry and lunchmeats and bakery products, such as muffins, cookies, and others. The Residential Kitchen Equipment Group manufactures, sells and distributes kitchen equipment for the residential market. Its Kitchen Equipment includes cookers, stoves, cooktops, microwaves, ovens, refrigerators and others.
