Q4 Earnings Estimate for Middleby Issued By Zacks Research

The Middleby Corporation (NASDAQ:MIDD) – Analysts at Zacks Research raised their Q4 2026 earnings per share estimates for shares of Middleby in a research note issued to investors on Thursday, May 28th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $2.72 for the quarter, up from their prior forecast of $2.68. The consensus estimate for Middleby’s current full-year earnings is $9.56 per share. Zacks Research also issued estimates for Middleby’s Q4 2027 earnings at $2.78 EPS.

Middleby (NASDAQ:MIDD) last released its quarterly earnings results on Thursday, May 7th. The industrial products company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.22. Middleby had a positive return on equity of 15.94% and a negative net margin of 11.46%.The business had revenue of $839.91 million during the quarter, compared to analyst estimates of $777.19 million. During the same quarter last year, the company posted $2.08 EPS. Middleby’s revenue for the quarter was up 15.0% on a year-over-year basis. Middleby has set its FY 2026 guidance at 9.540-9.700 EPS and its Q2 2026 guidance at 2.270-2.390 EPS.

MIDD has been the subject of a number of other research reports. Barclays reiterated an “overweight” rating and issued a $190.00 price target (up from $168.00) on shares of Middleby in a research report on Friday, May 8th. Wall Street Zen upgraded Middleby from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Canaccord Genuity Group set a $200.00 price objective on Middleby in a research report on Friday, May 8th. JPMorgan Chase & Co. raised their price objective on Middleby from $150.00 to $185.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Middleby in a research report on Friday, May 1st. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $189.71.

Middleby Stock Performance

NASDAQ:MIDD opened at $155.01 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.96 and a debt-to-equity ratio of 0.77. Middleby has a 1-year low of $110.82 and a 1-year high of $169.44. The firm has a market capitalization of $7.01 billion, a price-to-earnings ratio of -18.28 and a beta of 1.36. The stock has a fifty day simple moving average of $142.70 and a 200 day simple moving average of $144.49.

Institutional Investors Weigh In On Middleby

A number of institutional investors have recently bought and sold shares of MIDD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Middleby by 90.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 432 shares of the industrial products company’s stock worth $66,000 after acquiring an additional 205 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Middleby by 6.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,149 shares of the industrial products company’s stock worth $23,884,000 after purchasing an additional 9,936 shares in the last quarter. Focus Partners Wealth raised its stake in shares of Middleby by 344.7% during the 1st quarter. Focus Partners Wealth now owns 2,228 shares of the industrial products company’s stock worth $339,000 after purchasing an additional 1,727 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Middleby by 280.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 327 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 241 shares in the last quarter. Finally, Cresset Asset Management LLC purchased a new stake in shares of Middleby during the 2nd quarter worth about $202,000. 98.55% of the stock is currently owned by institutional investors and hedge funds.

Middleby Company Profile

Middleby Corporation is a global manufacturer and distributor of commercial foodservice and food processing equipment. The company designs, engineers and markets a wide range of cooking, baking, refrigeration, warewashing, holding and dispensing solutions. Middleby’s products serve restaurants, hotels, convenience stores, institutional cafeterias, cruise ships and other foodservice operators.

The company’s portfolio spans multiple well-known brands, including Blodgett ovens, TurboChef rapid‐cook ovens, Southbend ranges and broilers, Pitco fryers, and Viking residential and commercial kitchen appliances.