Middleby Corp [MIDD] stock is trading at $137.78, up 1.12%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MIDD shares have gain 5.66% over the last week, with a monthly amount drifted -6.23%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Middleby Corp [NASDAQ: MIDD] stock has seen the most recent analyst activity on December 12, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $160 from $170. On May 22, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $118 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $171 on November 17, 2022. The Benchmark Company initiated its recommendation with a Buy and recommended $190 as its price target on August 26, 2022. Barclays started tracking with a Overweight rating for this stock on June 10, 2021, and assigned it a price target of $195. In a note dated June 07, 2021, Citigroup upgraded an Buy rating on this stock but restated the target price of $200.
Middleby Corp [MIDD] stock has fluctuated between $118.09 and $182.73 over the past year. Currently, Wall Street analysts expect the stock to reach $167 within the next 12 months. Middleby Corp [NASDAQ: MIDD] shares were valued at $137.78 at the most recent close of the market. An investor can expect a potential return of 21.21% based on the average MIDD price forecast.
Analyzing the MIDD fundamentals
Middleby Corp [NASDAQ:MIDD] reported sales of 3.84B for the trailing twelve months, which represents a drop of -1.38%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.66.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 136.31 points at the first support level, and at 134.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 138.83, and for the 2nd resistance point, it is at 139.89.
Ratios To Look Out For
For context, Middleby Corp’s Current Ratio is 2.57. Also, the Quick Ratio is 1.56, while the Cash Ratio stands at 0.58. Considering the valuation of this stock, the price to sales ratio is 1.82, the price to book ratio is 1.95 and price to earnings (TTM) ratio is 17.52.
Transactions by insiders
Recent insider trading involved GARDEN EDWARD P, Director, that happened on May 21 ’25 when 0.14 million shares were purchased. Director, GARDEN EDWARD P completed a deal on May 14 ’25 to buy 37473.0 shares. Meanwhile, Director GARDEN EDWARD P bought 13477.0 shares on May 15 ’25.