Middleby Corporation (MIDD)
Middleby Statistics
Share Statistics
Middleby has 53.65M shares outstanding. The number of shares has increased by -0.27% in one year.
| Shares Outstanding | 53.65M |
| Shares Change (YoY) | -0.27% |
| Shares Change (QoQ) | -0.31% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 52.9M |
| Failed to Deliver (FTD) Shares | 1.37K |
| FTD / Avg. Volume | 0.15% |
Short Selling Information
The latest short interest is 3.01M, so 5.61% of the outstanding shares have been sold short.
| Short Interest | 3.01M |
| Short % of Shares Out | 5.61% |
| Short % of Float | 6.88% |
| Short Ratio (days to cover) | 4.89 |
Valuation Ratios
The PE ratio is 17.13 and the forward PE ratio is 11.61. Middleby's PEG ratio is 2.62.
| PE Ratio | 17.13 |
| Forward PE | 11.61 |
| PS Ratio | 1.89 |
| Forward PS | 1.6 |
| PB Ratio | 2.02 |
| P/FCF Ratio | 11.51 |
| PEG Ratio | 2.62 |
Enterprise Valuation
Middleby has an Enterprise Value (EV) of 9.05B.
| EV / Sales | 2.33 |
| EV / EBITDA | 11.35 |
| EV / EBIT | 13.17 |
| EV / FCF | 14.19 |
Financial Position
The company has a current ratio of 2.81, with a Debt / Equity ratio of 0.66.
| Current Ratio | 2.81 |
| Quick Ratio | 1.79 |
| Debt / Equity | 0.66 |
| Debt / EBITDA | 3.01 |
| Debt / FCF | 3.76 |
| Interest Coverage | 7.11 |
Financial Efficiency
Return on Equity is 11.78% and Return on Invested Capital is 7.49%.
| Return on Equity | 11.78% |
| Return on Assets | 5.88% |
| Return on Invested Capital | 7.49% |
| Revenue Per Employee | $365.03K |
| Profits Per Employee | $40.36K |
| Employee Count | 10,616 |
| Asset Turnover | 0.53 |
| Inventory Turnover | 2.86 |
Taxes
| Income Tax | 148.89M |
| Effective Tax Rate | 25.79% |
Stock Price Statistics
The stock price has increased by -6.33% in the last 52 weeks. The beta is 1.45, so Middleby's price volatility has been higher than the market average.
| Beta | 1.45 |
| 52-Week Price Change | -6.33% |
| 50-Day Moving Average | 151.05 |
| 200-Day Moving Average | 142.54 |
| Relative Strength Index (RSI) | 42.93 |
| Average Volume (20 Days) | 931.76K |
Income Statement
In the last 12 months, Middleby had revenue of 3.88B and earned 428.43M in profits. Earnings per share was 7.97.
| Revenue | 3.88B |
| Gross Profit | 1.47B |
| Operating Income | 656.19M |
| Net Income | 428.43M |
| EBITDA | 796.72M |
| EBIT | 669.55M |
| Earnings Per Share (EPS) | 7.97 |
Balance Sheet
The company has 689.53M in cash and 2.4B in debt, giving a net cash position of -1.71B.
| Cash & Cash Equivalents | 689.53M |
| Total Debt | 2.4B |
| Net Cash | -1.71B |
| Retained Earnings | 4.33B |
| Total Assets | 7.28B |
| Working Capital | 1.5B |
Cash Flow
In the last 12 months, operating cash flow was 686.82M and capital expenditures -49.31M, giving a free cash flow of 637.51M.
| Operating Cash Flow | 686.82M |
| Capital Expenditures | -49.31M |
| Free Cash Flow | 637.51M |
| FCF Per Share | 11.86 |
Margins
Gross margin is 37.94%, with operating and profit margins of 16.93% and 11.06%.
| Gross Margin | 37.94% |
| Operating Margin | 16.93% |
| Pretax Margin | 14.9% |
| Profit Margin | 11.06% |
| EBITDA Margin | 20.56% |
| EBIT Margin | 16.93% |
| FCF Margin | 16.45% |
Dividends & Yields
MIDD pays an annual dividend of $0.11, which amounts to a dividend yield of 0.64%.
| Dividend Per Share | $0.11 |
| Dividend Yield | 0.64% |
| Dividend Growth (YoY) | 60% |
| Payout Ratio | 1.37% |
| Earnings Yield | 5.84% |
| FCF Yield | 8.69% |
Analyst Forecast
The average price target for MIDD is $177.5, which is 33.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $177.5 |
| Price Target Difference | 33.9% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Stock Splits
The last stock split was on Jun 27, 2014. It was a forward split with a ratio of 3:1.
| Last Split Date | Jun 27, 2014 |
| Split Type | forward |
| Split Ratio | 3:1 |
Scores
| Altman Z-Score | 3.03 |
| Piotroski F-Score | 7 |