The Middleby Corp MIDD
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if MIDD is a good fit for your portfolio.
News
Trading Information
- Previous Close Price
- $143.37
- Day Range
- $140.97–142.97
- 52-Week Range
- $109.69–161.00
- Bid/Ask
- $142.69 / $142.93
- Market Cap
- $7.67 Bil
- Volume/Avg
- 84,756 / 368,780
Key Statistics
- Price/Earnings (Normalized)
- 15.39
- Price/Sales
- 1.98
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 0.91%
Company Profile
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Stock Style Box
- Small Core
- Total Number of Employees
- 10,722
- Website
- https://www.middleby.com
Comparables
Valuation
|
Metric
|
MIDD
|
603277
|
6465
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.39 | 24.33 | 25.35 |
Price/Book Value | 2.43 | 4.44 | 2.50 |
Price/Sales | 1.98 | 4.58 | 2.19 |
Price/Cash Flow | 12.22 | 13.52 | 19.73 |
Price/Earnings
MIDD
603277
6465
Financial Strength
|
Metric
|
MIDD
|
603277
|
6465
|
|---|---|---|---|
Quick Ratio | 1.05 | 2.05 | 2.93 |
Current Ratio | 2.31 | 3.20 | 3.48 |
Interest Coverage | 5.32 | 42.65 | 545.40 |
Quick Ratio
MIDD
603277
6465
Profitability
|
Metric
|
MIDD
|
603277
|
6465
|
|---|---|---|---|
Return on Assets (Normalized) | 7.51% | 13.17% | 11.09% |
Return on Equity (Normalized) | 17.35% | 18.17% | 16.06% |
Return on Invested Capital (Normalized) | 10.83% | 16.68% | 14.82% |
Return on Assets
MIDD
603277
6465
Specialty Industrial Machinery Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
SIEGY
| Siemens AG ADR | Gmytmyhb | Txkm | $147.9 Bil | |
ETN
| Eaton Corp PLC | Phmtrbz | Zydjb | $126.1 Bil | |
ITW
| Illinois Tool Works Inc | Rmpbnxsvw | Skzhpt | $75.8 Bil | |
PH
| Parker Hannifin Corp | Btzpmtmw | Fzrvn | $69.8 Bil | |
EMR
| Emerson Electric Co | Skbprckpx | Vfjw | $64.4 Bil | |
CMI
| Cummins Inc | Zggqbrcl | Dtrpww | $41.3 Bil | |
OTIS
| Otis Worldwide Corp Ordinary Shares | Jnmvpbhs | Tgtjc | $38.8 Bil | |
IR
| Ingersoll Rand Inc | Sgnwbcsh | Klwyqtx | $37.5 Bil | |
ROK
| Rockwell Automation Inc | Thtyyvbp | Yflt | $32.8 Bil | |
XYL
| Xylem Inc | Hqbzzkpy | Lqrdpv | $30.9 Bil |