The Middleby Corporation with ticker code (MIDD) have now 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $181.00 and $159.00 and has a mean share price target at $168.67. (at the time of writing). Now with the previous closing price of $122.87 this is indicating there is a potential upside of 37.3%. It’s also worth noting that there is a 50 day moving average of $132.40 and the 200 moving average now moves to $136.36. The company has a market cap of 6.70B. The stock price is currently at: $124.65 USD
The potential market cap would be $9,200,516,550 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 17.36, 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.
