Middleby Corp (NASDAQ: MIDD) is -5.88% lower on its value in year-to-date trading and has touched a low of $118.41 and a high of $182.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MIDD stock was last observed hovering at around $129.49 in the last trading session, with the day’s loss setting it -2.01%.
Currently trading at $127.48, the stock is -11.40% and -17.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing -1.55% at the moment leaves the stock -10.44% off its SMA200. MIDD registered -11.05% loss for a year compared to 6-month gain of -7.49%. The firm has a 50-day simple moving average (SMA 50) of $154.8378 and a 200-day simple moving average (SMA200) of $142.3448.
The stock witnessed a -16.92% loss in the last 1 month and extending the period to 3 months gives it a -9.53%, and is -11.19% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.81% over the week and 4.91% over the month.
Middleby Corp (MIDD) has around 10616 employees, a market worth around $6.84B and $3.88B in sales. Current P/E ratio is 16.13 and Fwd P/E is 11.77. Profit margin for the company is 11.06%. Distance from 52-week low is 7.66% and -30.24% from its 52-week high. The company has generated returns on investments over the last 12 months (7.04%).
with sales reaching $941.46M over the same period.The EPS is expected to grow by 4.02% this year, but quarterly earnings will post 3.14% year-over-year. Quarterly sales are estimated to grow 1.57% in year-over-year returns.
519.0 institutions hold shares in Middleby Corp (MIDD), with institutional investors hold 113.70% of the company’s shares. The shares outstanding are 53.69M, and float is at 52.90M with Short Float at 5.69%. Institutions hold 112.22% of the Float.
The top institutional shareholder in the company is SELECT EQUITY GROUP, L.P. with over 6.36 million shares valued at $779.83 million. The investor’s holdings represent 11.8298 of the MIDD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.15 million shares valued at $631.42 million to account for 9.5982 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.5 million shares representing 8.3726 and valued at over $551.93 million, while WELLINGTON MANAGEMENT GROUP LLP holds 8.0158 of the shares totaling 4.31 million with a market value of $528.41 million.
Middleby Corp (MIDD) Insider Activity
The most recent transaction is an insider sale by Palisi Chapin Sarah, the company’s Director. SEC filings show that Palisi Chapin Sarah sold 500 shares of the company’s common stock on Mar 03 ’25 at a price of $163.51 per share for a total of $81755.0. Following the sale, the insider now owns 6111.0 shares.
Middleby Corp disclosed in a document filed with the SEC on Nov 07 ’24 that McCarthy Cathy L (Director) sold a total of 500 shares of the company’s common stock. The trade occurred on Nov 07 ’24 and was made at $142.19 per share for $71095.0. Following the transaction, the insider now directly holds 8611.0 shares of the MIDD stock.
Still, SEC filings show that on Nov 07 ’24, McCarthy Cathy L (Director) Proposed Sale 500 shares at an average price of $141.00 for $70500.0. The insider now directly holds shares of Middleby Corp (MIDD).
