The Middleby Corporation (MIDD) Analysts See $1.38 EPS

April 22, 2018 - By Kurt Siggers

The Middleby Corporation (NASDAQ:MIDD) LogoInvestors sentiment increased to 0.92 in 2017 Q4. Its up 0.12, from 0.8 in 2017Q3. It is positive, as 32 investors sold The Middleby Corporation shares while 114 reduced holdings. 51 funds opened positions while 83 raised stakes. 53.23 million shares or 3.09% more from 51.63 million shares in 2017Q3 were reported.
Aqr Capital Management Ltd Liability reported 5,196 shares stake. Mountain Pacific Investment Advisers Id has invested 1.17% in The Middleby Corporation (NASDAQ:MIDD). Timessquare Cap Mgmt Lc owns 364,750 shares. Tower Research Limited Liability (Trc) owns 28 shares or 0% of their US portfolio. Dupont has 0.02% invested in The Middleby Corporation (NASDAQ:MIDD) for 6,938 shares. Moreover, Coastline Trust has 0.17% invested in The Middleby Corporation (NASDAQ:MIDD). Tributary Management Limited Com invested in 0.1% or 8,900 shares. Boston Family Office Ltd Com invested 1.26% in The Middleby Corporation (NASDAQ:MIDD). Hilltop Hldgs has invested 0.08% in The Middleby Corporation (NASDAQ:MIDD). Rainier Inv Management Llc owns 25,310 shares or 1.44% of their US portfolio. Virtus Invest Advisers stated it has 0% in The Middleby Corporation (NASDAQ:MIDD). Carnegie Cap Asset Mgmt Ltd invested in 14,614 shares or 0.17% of the stock. Ww Asset Mgmt Inc has 2,517 shares. Caisse De Depot Et Placement Du Quebec holds 0% of its portfolio in The Middleby Corporation (NASDAQ:MIDD) for 7,400 shares. 19,834 are held by Oppenheimer Asset Management Inc.

Since November 16, 2017, it had 1 insider buy, and 1 sale for $1.06 million activity. On Thursday, November 16 the insider Ziyad Nassem bought $237,000.

Analysts expect The Middleby Corporation (NASDAQ:MIDD) to report $1.38 EPS on May, 8.They anticipate $0.12 EPS change or 9.52 % from last quarter’s $1.26 EPS. MIDD’s profit would be $76.88M giving it 23.13 P/E if the $1.38 EPS is correct. After having $1.48 EPS previously, The Middleby Corporation’s analysts see -6.76 % EPS growth. The stock increased 1.18% or $1.49 during the last trading session, reaching $127.7. About 287,772 shares traded. The Middleby Corporation (NASDAQ:MIDD) has declined 9.95% since April 22, 2017 and is downtrending. It has underperformed by 21.50% the S&P500.

The Middleby Corporation (NASDAQ:MIDD) Ratings Coverage

Among 5 analysts covering The Middleby Corp (NASDAQ:MIDD), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. The Middleby Corp had 8 analyst reports since November 8, 2017 according to SRatingsIntel. The stock of The Middleby Corporation (NASDAQ:MIDD) earned “Hold” rating by Deutsche Bank on Friday, November 17. As per Wednesday, February 28, the company rating was maintained by Robert W. Baird. The stock has “Neutral” rating by Citigroup on Tuesday, January 30. The stock of The Middleby Corporation (NASDAQ:MIDD) earned “Neutral” rating by Citigroup on Monday, March 5. BMO Capital Markets maintained the stock with “Buy” rating in Wednesday, November 8 report. The firm earned “Neutral” rating on Friday, November 10 by Citigroup. BMO Capital Markets maintained The Middleby Corporation (NASDAQ:MIDD) rating on Tuesday, March 6. BMO Capital Markets has “Buy” rating and $160.0 target. The stock of The Middleby Corporation (NASDAQ:MIDD) has “Buy” rating given on Thursday, March 1 by Susquehanna.

The Middleby Corporation designs, manufactures, markets, distributes, and services commercial foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. The company has market cap of $7.11 billion. The Company’s Commercial Foodservice Equipment Group segment offers cooking and warming equipment for quick-service restaurants, full-service restaurants, convenience stores, retail outlets, hotels, and other institutions. It has a 24.29 P/E ratio. This segment provides conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; and ranges, fryers, rethermalizers, steam cooking equipment, warming equipment, heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, induction cooking equipment, countertop cooking equipment, toasters, professional refrigerators, blast chillers, coldrooms, ice machines, freezers, and beverage dispensing equipment.

The Middleby Corporation (NASDAQ:MIDD) Institutional Positions Chart

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