Middleby Corp. (MIDD) Set to Announce Earnings on Wednesday
Middleby Corp. (NASDAQ:MIDD) is scheduled to release its Q4 earnings data on Wednesday, February 26th. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Middleby Corp. (NASDAQ:MIDD) opened at 263.39 on Tuesday. Middleby Corp. has a 52 week low of $140.51 and a 52 week high of $264.75. The stock’s 50-day moving average is $248.8 and its 200-day moving average is $223.3. The company has a market cap of $5.036 billion and a price-to-earnings ratio of 34.56.
On the ratings front, analysts at Zacks reiterated an “outperform” rating on shares of Middleby Corp. in a research note on Friday, November 29th. They now have a $264.00 price target on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $214.60.
The Middleby Corporation (NASDAQ:MIDD) through its operating subsidiary Middleby Marshall Inc (Middleby Marshall) and its subsidiaries, is engaged in the design, manufacture, marketing, distribution, and service of a line of cooking and warming equipment used in all types of commercial restaurants and institutional kitchens, and food preparation, cooking and packaging equipment for food processing operations.
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