# The Middleby Corporation  Share Price Target ‘$159.13’, now 11.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/the-middleby-corporation-share-price-target-159.13-now-11.3-upside-potential/4121141938
- Published: 2024-02-09T13:37:11+00:00
- Author: Charlotte Edwards

**The Middleby Corporation** which can be found using ticker (MIDD) have now 8 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $175.00 and $137.00 calculating the mean target
share price we have $159.13. (at the time of writing). Given that the stocks previous
close was at $142.94 and the analysts are correct then there would likely be a percentage
uptick in value of 11.3%. The 50 day moving average now sits at $140.12 while the
200 day moving average is $137.02. The market cap for the company is 7.79B. The 
stock price for the company is currently $145.35 USD

 The potential market cap would be $8,673,693,081 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 17.22, revenue per share of $75.70
and a 6.66% return on assets.

The Middleby Corporation is a foodservice company. It develops and manufactures 
a line of solutions. Its segments include the Commercial Foodservice Equipment Group,
the Food Processing Equipment Group and the Residential Kitchen Equipment Group.
The Commercial Foodservice Equipment Group segment has a portfolio of foodservice
equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration,
freezing and beverage application within a commercial kitchen or foodservice operation.
The Food Processing Equipment Group segment offers a portfolio of processing solutions
for customers producing protein products, such as bacon, salami, hot dogs, dinner
sausages, poultry and lunchmeats and bakery products, such as muffins, cookies, 
and others. The Residential Kitchen Equipment Group manufactures, sells and distributes
kitchen equipment for the residential market. Its Kitchen Equipment includes cookers,
stoves, cooktops, microwaves, ovens, refrigerators and others.

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