The Middleby Corporation with ticker code (MIDD) now have 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 180 and 166 with the average target price sitting at $174.38. Given that the stocks previous close was at $138.12 this is indicating there is a potential upside of 26.3%. The 50 day MA is $143.92 and the 200 day moving average is $143.68. The total market capitalization for the company now stands at 7.36B. The stock price is currently at: 137.27 USD
The potential market cap would be $9,289,767,627 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 16.54, revenue per share of 75.83 and a 6.61% 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.
