Middleby Corporation

143.23
-11.53 (-7.45%)
At close: Apr 03, 2025, 2:10 PM

Middleby Statistics

Share Statistics

Middleby has 53.62M shares outstanding. The number of shares has increased by -0.27% in one year.

Shares Outstanding 53.62M
Shares Change (YoY) -0.27%
Shares Change (QoQ) -0.31%
Owned by Institutions (%) 99.99%
Shares Floating 52.88M
Failed to Deliver (FTD) Shares 27.84K
FTD / Avg. Volume 3.5%

Short Selling Information

The latest short interest is 2.72M, so 5.06% of the outstanding shares have been sold short.

Short Interest 2.72M
Short % of Shares Out 5.06%
Short % of Float 5.13%
Short Ratio (days to cover) 4.75

Valuation Ratios

The PE ratio is 17.13 and the forward PE ratio is 17.25. Middleby's PEG ratio is 2.62.

PE Ratio 17.13
Forward PE 17.25
PS Ratio 1.89
Forward PS 1.8
PB Ratio 2.02
P/FCF Ratio 11.51
PEG Ratio 2.62
Financial Ratio History

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 -0.12% in the last 52 weeks. The beta is 1.73, so Middleby's price volatility has been higher than the market average.

Beta 1.73
52-Week Price Change -0.12%
50-Day Moving Average 161.39
200-Day Moving Average 141.95
Relative Strength Index (RSI) 46.8
Average Volume (20 Days) 794.37K

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

Analyst Forecast

The average price target for MIDD is $182.5, which is 17.9% higher than the current price. The consensus rating is "Buy".

Price Target $182.5
Price Target Difference 17.9%
Analyst Consensus Buy
Analyst Count 7
Stock Forecasts

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 3.25
Piotroski F-Score 7