Zacks Research Issues Positive Outlook for Middleby Earnings

The Middleby Co. (NASDAQ:MIDD) – Equities research analysts at Zacks Research increased their Q2 2025 EPS estimates for shares of Middleby in a report issued on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings of $2.39 per share for the quarter, up from their prior forecast of $2.31. The consensus estimate for Middleby’s current full-year earnings is $9.11 per share. Zacks Research also issued estimates for Middleby’s Q3 2025 earnings at $2.37 EPS, Q4 2025 earnings at $2.67 EPS, FY2025 earnings at $9.36 EPS, Q1 2026 earnings at $2.13 EPS, Q2 2026 earnings at $2.60 EPS, Q3 2026 earnings at $2.56 EPS, Q4 2026 earnings at $2.89 EPS, FY2026 earnings at $10.18 EPS and FY2027 earnings at $12.15 EPS.

Middleby (NASDAQ:MIDD) last announced its quarterly earnings data on Tuesday, February 25th. The industrial products company reported $2.88 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.38. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $996.69 million. Middleby had a net margin of 10.14% and a return on equity of 14.66%. The business’s quarterly revenue was up .4% on a year-over-year basis. During the same period in the previous year, the business posted $2.65 EPS.

Other equities research analysts have also issued reports about the stock. StockNews.com lowered shares of Middleby from a “buy” rating to a “hold” rating in a report on Monday, January 27th. Jefferies Financial Group restated a “hold” rating and issued a $160.00 price objective (down from $170.00) on shares of Middleby in a report on Thursday, December 12th. KeyCorp upped their price target on shares of Middleby from $160.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, January 27th. JPMorgan Chase & Co. upped their price target on shares of Middleby from $145.00 to $150.00 and gave the company an “underweight” rating in a report on Wednesday, February 26th. Finally, Canaccord Genuity Group upped their price target on shares of Middleby from $192.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $180.86.

Middleby Trading Down 0.6 %

Shares of MIDD opened at $153.93 on Thursday. The firm has a market cap of $8.25 billion, a price-to-earnings ratio of 21.23 and a beta of 1.72. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.70 and a current ratio of 2.81. Middleby has a fifty-two week low of $118.41 and a fifty-two week high of $182.73. The firm has a 50 day moving average price of $159.27 and a 200-day moving average price of $145.07.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Avior Wealth Management LLC raised its holdings in Middleby by 820.0% in the 3rd quarter. Avior Wealth Management LLC now owns 322 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 287 shares in the last quarter. UMB Bank n.a. raised its holdings in Middleby by 41.1% in the 4th quarter. UMB Bank n.a. now owns 398 shares of the industrial products company’s stock worth $54,000 after purchasing an additional 116 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in Middleby in the 4th quarter worth $71,000. Principal Securities Inc. raised its holdings in Middleby by 16.0% in the 4th quarter. Principal Securities Inc. now owns 566 shares of the industrial products company’s stock worth $77,000 after purchasing an additional 78 shares in the last quarter. Finally, Coppell Advisory Solutions LLC raised its holdings in Middleby by 220.6% in the 4th quarter. Coppell Advisory Solutions LLC now owns 606 shares of the industrial products company’s stock worth $82,000 after purchasing an additional 417 shares in the last quarter. 98.55% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Middleby news, Director Chapin Sarah Palisi sold 500 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $163.51, for a total value of $81,755.00. Following the completion of the transaction, the director now directly owns 6,111 shares in the company, valued at approximately $999,209.61. This represents a 7.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.16% of the company’s stock.

Middleby Company Profile

The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing.