The Middleby Corporation
General ticker "MIDD" information:
- Sector: Industrials
- Industry: Industrial - Machinery
- Capitalization: $7.6B (TTM average)
The Middleby Corporation follows the US Stock Market performance with the rate: 27.6%.
Estimated limits based on current volatility of 2.4%: low 156.41$, high 164.25$
Factors to consider:
- Total employees count: 10616 (-1.0%) as of 2024
- US and Canada accounted for 67.5% of revenue in the fiscal year ended 2024-12-28
- Top business risk factors: Economic downturns and volatility, Market competition, Product development risks, Operational and conduct risks, Geopolitical risks
- Price in estimated range
- Earnings for 12 months up through Q4 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-28 to 2026-12-28
- 2024-12-28 to 2025-12-28 estimated range: [111.42$, 161.74$]
- 2025-12-28 to 2026-12-28 estimated range: [113.50$, 164.73$]
Financial Metrics affecting the MIDD estimates:
- Negative: with PPE of 14.3 at the end of fiscal year the price was high
- Positive: 7.67 < Operating profit margin, % of 16.93
- Positive: 6.64 < Operating cash flow per share per price, % of 9.41
- Positive: -4.43 < Investing cash flow per share per price, % of -2.17
- Negative: Industry operating cash flow per share per price (median), % of 4.10 <= 5.46
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 5.56
- Negative: 0.73 < Interest expense per share per price, % of 1.26
- Positive: 42.68 < Shareholder equity ratio, % of 49.96 <= 64.29
- Positive: 3.01 < Industry operating profit margin (median), % of 6.92
Short-term MIDD quotes
Long-term MIDD plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-28 |
|---|---|---|---|
| Operating Revenue | $4,032.85MM | $4,036.61MM | $3,875.16MM |
| Operating Expenses | $3,393.25MM | $3,401.74MM | $3,218.97MM |
| Operating Income | $639.60MM | $634.87MM | $656.19MM |
| Non-Operating Income | $-75.19MM | $-115.49MM | $-78.87MM |
| Interest Expense | $88.98MM | $120.35MM | $92.23MM |
| R&D Expense | $0.00MM | $53.10MM | $0.00MM |
| Income(Loss) | $564.41MM | $519.38MM | $577.32MM |
| Taxes | $127.85MM | $118.50MM | $148.89MM |
| Profit(Loss)* | $436.57MM | $400.88MM | $428.43MM |
| Stockholders Equity | $2,797.75MM | $3,249.89MM | $3,638.43MM |
| Inventory | $1,077.73MM | $935.87MM | $841.57MM |
| Assets | $6,874.87MM | $6,906.69MM | $7,283.15MM |
| Operating Cash Flow | $332.55MM | $628.79MM | $686.82MM |
| Capital expenditure | $69.52MM | $86.98MM | $49.31MM |
| Investing Cash Flow | $-348.32MM | $-155.74MM | $-158.53MM |
| Financing Cash Flow | $7.63MM | $-390.94MM | $-73.77MM |
| Earnings Per Share** | $8.07 | $7.48 | $7.97 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.