The Middleby Corporation (MIDD) Analysts See $1.57 EPS

October 13, 2018 - By Winifred Garcia

The Middleby Corporation (NASDAQ:MIDD) LogoInvestors sentiment decreased to 0.68 in 2018 Q2. Its down 0.09, from 0.77 in 2018Q1. It turned negative, as 40 investors sold The Middleby Corporation shares while 118 reduced holdings. 38 funds opened positions while 69 raised stakes. 58.74 million shares or 6.04% more from 55.39 million shares in 2018Q1 were reported.
Captrust Advsrs has invested 0% in The Middleby Corporation (NASDAQ:MIDD). Sei owns 13,771 shares for 0% of their portfolio. Signaturefd Limited Liability Company holds 0% or 31 shares in its portfolio. Oppenheimer Asset Mngmt holds 0.05% or 18,754 shares. At Bancorp reported 21,021 shares or 0.24% of all its holdings. Winslow Evans & Crocker holds 0.05% of its portfolio in The Middleby Corporation (NASDAQ:MIDD) for 1,536 shares. Ubs Asset Americas Inc accumulated 151,618 shares. Sumitomo Mitsui Tru Holding owns 174,794 shares. Barclays Public Limited Liability holds 0% of its portfolio in The Middleby Corporation (NASDAQ:MIDD) for 20,158 shares. State Of Alaska Department Of Revenue accumulated 6,230 shares or 0.01% of the stock. Moreover, Mackenzie Finance has 0.08% invested in The Middleby Corporation (NASDAQ:MIDD) for 287,342 shares. Tocqueville Asset Mngmt L P holds 7,320 shares or 0.01% of its portfolio. Commonwealth Financial Bank Of Australia has 0% invested in The Middleby Corporation (NASDAQ:MIDD). Carroll Fin Associates holds 0% in The Middleby Corporation (NASDAQ:MIDD) or 66 shares. The Oregon-based Oregon Employees Retirement Fund has invested 0.01% in The Middleby Corporation (NASDAQ:MIDD).

Analysts expect The Middleby Corporation (NASDAQ:MIDD) to report $1.57 EPS on November, 6.They anticipate $0.21 EPS change or 15.44 % from last quarter’s $1.36 EPS. MIDD’s profit would be $87.48M giving it 18.35 P/E if the $1.57 EPS is correct. After having $1.63 EPS previously, The Middleby Corporation’s analysts see -3.68 % EPS growth. The stock increased 1.00% or $1.14 during the last trading session, reaching $115.25. About 346,198 shares traded. The Middleby Corporation (NASDAQ:MIDD) has risen 3.46% since October 14, 2017 and is uptrending. It has underperformed by 12.16% the S&P500.

The Middleby Corporation (NASDAQ:MIDD) Ratings Coverage

Among 3 analysts covering The Middleby (NASDAQ:MIDD), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. The Middleby had 7 analyst reports since May 10, 2018 according to SRatingsIntel. The stock of The Middleby Corporation (NASDAQ:MIDD) earned “Neutral” rating by Robert W. Baird on Thursday, May 10. Citigroup maintained the shares of MIDD in report on Friday, June 8 with “Neutral” rating. The stock has “Neutral” rating by Robert W. Baird on Thursday, August 9. The stock of The Middleby Corporation (NASDAQ:MIDD) has “Neutral” rating given on Friday, September 14 by Citigroup. The stock of The Middleby Corporation (NASDAQ:MIDD) earned “Neutral” rating by Citigroup on Wednesday, August 15. The firm has “Buy” rating given on Monday, September 24 by Buckingham Research.

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 $6.42 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 21.53 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.

Another recent and important The Middleby Corporation (NASDAQ:MIDD) news was published by Seekingalpha.com which published an article titled: “Middleby acquires M-TEK” on October 02, 2018.

The Middleby Corporation (NASDAQ:MIDD) Institutional Positions Chart

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