During the last session, Middleby Corp (NASDAQ:MIDD)’s traded shares were 0.87 million, with the beta value of the company hitting 1.60. At the end of the trading day, the stock’s price was $141.49, reflecting an intraday loss of -0.20% or -$0.29. The 52-week high for the MIDD share is $182.73, that puts it down -29.15 from that peak though still a striking 16.31% gain since the share price plummeted to a 52-week low of $118.41. The company’s market capitalization is $7.57B, and the average trade volume was 908.91K shares over the past three months.
Middleby Corp (MIDD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.50. MIDD has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.
Middleby Corp (NASDAQ:MIDD) trade information
Middleby Corp (MIDD) registered a -0.20% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.20% in intraday trading to $141.49, hitting a weekly high. The stock’s 5-day price performance is -1.66%, and it has moved by -6.98% in 30 days. Based on these gigs, the overall price performance for the year is 13.11%.
The consensus price target of analysts on Wall Street is $165, which implies an increase of 14.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $159 and $190 respectively. As a result, MIDD is trading at a discount of -34.29% off the target high and -12.38% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.54%. While earnings are projected to return -1.12% in 2025, the next five years will return 6.97% per annum.
MIDD Dividends
Middleby Corp is due to release its next quarterly earnings on 2025-May-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Middleby Corp (NASDAQ:MIDD)’s Major holders
Middleby Corp insiders own 1.38% of total outstanding shares while institutional holders control 108.35%, with the float percentage being 109.87%. SELECT EQUITY GROUP, L.P. is the largest shareholder of the company, while 552.0 institutions own stock in it. As of 2024-06-30, the company held over 6.36 million shares (or 11.8298% of all shares), a total value of $779.83 million in shares.
The next largest institutional holding, with 5.15 million shares, is of VANGUARD GROUP INC’s that is approximately 9.5784% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $631.42 million.
