THE MIDDLEBY CORPORATION

(MIDD)
  Report
Real-time Estimate Cboe BZX  -  05/25 02:44:18 pm EDT
140.58 USD   +1.17%
05/20Middleby Board Authorizes Repurchase of Up to Additional 2.5 Million Outstanding Common Shares
MT
05/19MIDDLEBY CORP : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
05/16Citigroup Lowers Middleby's Price Target to $180 From $190, Maintains Buy Rating
MT
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The Middleby Corporation : Good timing to anticipate a continuation of the trend

07/01/2021 | 02:39am EDT
long trade
Target price hit
Entry price : 174.57$ | Target : 200$ | Stop-loss : 160$ | Potential : 14.57%
Shares in The Middleby Corporation show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Investors have an opportunity to buy the stock and target the $ 200.
The Middleby Corporation : The Middleby Corporation : Good timing to anticipate a continuation of the trend
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • For the past twelve months, EPS forecast has been revised upwards.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
  • Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.

Weaknesses

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Financials (USD)
Sales 2022 4 089 M - -
Net income 2022 447 M - -
Net Debt 2022 2 031 M - -
P/E ratio 2022 16,7x
Yield 2022 -
Capitalization 7 557 M 7 557 M -
EV / Sales 2022 2,35x
EV / Sales 2023 2,13x
Nbr of Employees 10 624
Free-Float 85,4%
Upcoming event on THE MIDDLEBY CORPORATION
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Last Close Price 138,95 $
Average target price 190,00 $
Spread / Average Target 36,7%
EPS Revisions
Managers and Directors
Timothy John Fitzgerald Vice President & Controller
Bryan E. Mittelman CFO & Principal Accounting Officer
Gordon Jude O'Brien Chairman
James K. Pool Chief Operating & Technology Officer
Martin Mckay Lindsay Secretary, Treasurer & Chief Risk Officer
Sector and Competitors
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