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The Middleby Corp (GB:0K1G)
LSE:0K1G
The Middleby (0K1G) Share Price & Analysis
0 Followers
0K1G Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$110.78 - $160.48
Previous Close$126.66
Volume53.00
Average Volume (3M)806.00
Market Cap
$6.71B
Enterprise Value$8.88B
Total Cash (Recent Filing)$247.50M
Total Debt (Recent Filing)$2.43B
Price to Earnings (P/E)17.6
Beta0.77
Next Earnings
Aug 07, 2024EPS Estimate
$2.34Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.18
Shares Outstanding53,768,507
10 Day Avg. Volume4
30 Day Avg. Volume806
Standard Deviation0.14
R-Squared0.22
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-8.07
Price to Sales (P/S)7.55
Price to Cash Flow (P/CF)11.90
P/FCF Ratio11.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.20
Enterprise Value/Gross Profit5.79
Enterprise Value/Ebitda16.66
Forecast
1Y Price Target
$159.17Price Target Upside25.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
The Middleby News
Bulls Say, Bears Say
Bulls Say
Financial OutlookStock valuation is near the low end of its historical range, suggesting potential for upside as management remains optimistic about improving trends and growth expectations.
Operational EfficiencyThe company remains focused on operational efficiency and improving margins, with momentum in Food Processing expected to continue and Commercial Foodservice targeting a 30% EBITDA margin by exiting 2025.
Product DevelopmentNew product introductions at the NRA show aim to increase US market share and address industry costs, with innovations like the TorQ fryer designed to reduce labor and oil costs.
Bears Say
Earnings Miss1Q operating miss, organic sales below estimates in each segment.
Revenue ConcernsRevenue below consensus with all segments below estimates.
Weak Segment PerformanceResidential segment organic sales down significantly with a soft housing market as a continuing headwind.
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0K1G FAQ
What was The Middleby Corp’s price range in the past 12 months?
The Middleby Corp lowest share price was $110.78 and its highest was $160.48 in the past 12 months.
What is The Middleby Corp’s market cap?
Currently, no data Available
When is The Middleby Corp’s upcoming earnings report date?
The Middleby Corp’s upcoming earnings report date is Aug 07, 2024 which is in 71 days.
How were The Middleby Corp’s earnings last quarter?
The Middleby Corp released its earnings results on May 08, 2024. The company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $2.061 by -$0.171.
Is The Middleby Corp overvalued?
According to Wall Street analysts The Middleby Corp’s price is currently Undervalued.
Does The Middleby Corp pay dividends?
The Middleby Corp does not currently pay dividends.
What is The Middleby Corp’s EPS estimate?
The Middleby Corp’s EPS estimate is $2.34.
How many shares outstanding does The Middleby Corp have?
The Middleby Corp has 53,768,505 shares outstanding.
What happened to The Middleby Corp’s price movement after its last earnings report?
The Middleby Corp reported an EPS of $1.89 in its last earnings report, missing expectations of $2.061. Following the earnings report the stock price went down -2.707%.
Which hedge fund is a major shareholder of The Middleby Corp?
Among the largest hedge funds holding The Middleby Corp’s share is EdgePoint Investment Group Inc.. It holds The Middleby Corp’s shares valued at 321M.
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The Middleby Stock Smart Score
Underperform
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5
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$159.17 (25.67% Upside)
$159.17 (25.67% Upside)
Blogger Sentiment
Bullish
GB:0K1G Sentiment 83%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $185.4K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.66%
12-Months-Change
Fundamentals
Return on Equity
12.58%
Trailing 12-Months
Asset Growth
-0.37%
Trailing 12-Months
Company Description
The Middleby Corp
The Middleby Corp. engages in the design, manufacture, marketing, and distribution of foodservice equipment. It operates through the following segments: Commercial Foodservice Equipment Group, Food Processing Equipment Group, Residential Kitchen Equipment Group, and Corporate and Other. The Commercial Foodservice Equipment Group segment manufactures, sells, and distributes foodservice equipment for the restaurant and institutional kitchen industry. The Food Processing Equipment Group segment includes manufactures preparation, cooking, packaging food handling, and food safety equipment for the food processing industry. The Residential Kitchen Equipment Group segment manufactures, sells, and distributes kitchen equipment such as cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, wine coolers, ice machines, ventilation, and outdoor equipment for the residential market. The Corporate and Other segment refers to the corporate and other general company assets and operations. The company was founded in 1888 and is headquartered in Elgin, IL.
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0K1G Company Deck
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0K1G Earnings Call
Q1 2024
0:00 / 0:00
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0K1G Stock 12 Month Forecast
Average Price Target
$159.17
▲(25.67% Upside)
Technical Analysis
Best Analysts Covering 0K1G
1 Year
1 Year Success Rate
7/18 ratings generated profit
1 Year Average Return
+3.36%
reiterated a buy rating 20 days ago
Copying Jeffrey Hammond's trades and holding each position for 1 Year would result in 38.89% of your transactions generating a profit, with an average return of +3.36% per trade.
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