Middleby Corp (NASDAQ: MIDD) has a higher price-to-earnings ratio of 23.65x compared to its average ratio, The 36-month beta value for MIDD is at 1.64. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for MIDD is 53.08M, and currently, shorts hold a 5.13% of that float. The average trading volume for MIDD on January 31, 2025 was 707.69K shares.
MIDD) stock’s latest price update
The stock of Middleby Corp (NASDAQ: MIDD) has increased by 0.93 when compared to last closing price of 170.08. Despite this, the company has experienced a 17.86% gain in its stock price over the last five trading sessions. businesswire.com reported 2025-01-27 that ELGIN, Ill.–(BUSINESS WIRE)–The Middleby Corporation (“Middleby,” “The Company”) (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today confirmed that, as part of its Board of Directors’ ongoing efforts to maximize shareholder value, the Company has been conducting a strategic review of its business portfolio, which started last year. The Board, with the assistance of outside financial and legal.
MIDD’s Market Performance
MIDD’s stock has risen by 17.86% in the past week, with a monthly rise of 25.68% and a quarterly rise of 22.38%. The volatility ratio for the week is 4.79% while the volatility levels for the last 30 days are 2.64% for Middleby Corp The simple moving average for the last 20 days is 17.12% for MIDD stock, with a simple moving average of 26.01% for the last 200 days.
Analysts’ Opinion of MIDD
Many brokerage firms have already submitted their reports for MIDD stocks, with Jefferies repeating the rating for MIDD by listing it as a “Hold.” The predicted price for MIDD in the upcoming period, according to Jefferies is $160 based on the research report published on December 12, 2024 of the previous year 2024.
JP Morgan gave a rating of “Underweight” to MIDD, setting the target price at $118 in the report published on May 22nd of the previous year.
MIDD Trading at 20.72% from the 50-Day Moving Average
After a stumble in the market that brought MIDD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.51% of loss for the given period.
Volatility was left at 2.64%, however, over the last 30 days, the volatility rate increased by 4.79%, as shares surge +26.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.52% upper at present.
During the last 5 trading sessions, MIDD rose by +17.86%, which changed the moving average for the period of 200-days by +18.04% in comparison to the 20-day moving average, which settled at $146.57. In addition, Middleby Corp saw 26.73% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MIDD starting from McCarthy Cathy L, who sale 500 shares at the price of $142.19 back on Nov 07 ’24. After this action, McCarthy Cathy L now owns 8,611 shares of Middleby Corp, valued at $71,095 using the latest closing price.
McCarthy Cathy L, the Director of Middleby Corp, proposed sale 500 shares at $141.00 during a trade that took place back on Nov 07 ’24, which means that McCarthy Cathy L is holding shares at $70,500 based on the most recent closing price.
Stock Fundamentals for MIDD
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.37 for the gross margin
The net margin for Middleby Corp stands at 0.1. The total capital return value is set at 0.11. Equity return is now at value 11.73, with 5.56 for asset returns.
Based on Middleby Corp (MIDD), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 6.41.
Currently, EBITDA for the company is 797.35 million with net debt to EBITDA at 2.38. When we switch over and look at the enterprise to sales, we see a ratio of 2.85. The receivables turnover for the company is 6.29for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.81.
Conclusion
In conclusion, Middleby Corp (MIDD) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
