MIDD: The Middleby Corp.
About
The Middleby Corp. engages in the design, manufacture, marketing, and distribution of foodservice equipment. It operates through the following segments: Commercial Foodservice Equipment Group, Food Processing Equipment Group, Residential Kitchen Equipment Group, and Corporate and Other. The Commercial Foodservice Equipment Group segment manufactures, sells, and distributes foodservice equipment for the restaurant and institutional kitchen industry. The Food Processing Equipment Group segment manufactures preparation, cooking, packaging, food handling, and food safety equipment for the food processing industry. The Residential Kitchen Equipment Group segment manufactures, sells, and distributes kitchen equipment such as cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, wine coolers, ice machines, ventilation, and outdoor equipment for the residential market. The Corporate and Other segment refers to the corporate and other general company assets and operations. The company was founded in 1888 and is headquartered in Elgin, IL.
Current Value
$142.161 Year Return
Current Value
$142.161 Year Return
Key Details
Market Cap
$7.64B
P/E Ratio
19.57
1Y Stock Return
6.48%
1Y Revenue Growth
-4.68%
Dividend Yield
0.00%
Price to Book
2.1
Strategies that include MIDD
Stock's related to MIDD
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| WTS | 64.79% | $7.16B | +8.78% | 0.77% |
| RRX | 64.66% | $11.56B | +37.63% | 0.80% |
| RUSHA | 64.19% | $4.90B | +50.40% | 1.13% |
| ARW | 63.55% | $6.45B | +2.53% | 0.00% |
| FUL | 63.01% | $4.20B | -1.42% | 1.13% |
| BC | 62.88% | $5.27B | -4.14% | 2.10% |
| ETD | 62.47% | $791.13M | +12.62% | 4.92% |
| AVNT | 61.09% | $4.71B | +45.76% | 1.99% |
| CE | 60.87% | $8.11B | -47.51% | 3.74% |
| GGG | 60.58% | $15.32B | +10.10% | 1.13% |
| FELE | 60.01% | $4.95B | +18.87% | 0.93% |
| PEB | 59.87% | $1.66B | +2.13% | 0.28% |
| PNR | 59.81% | $18.00B | +63.74% | 0.84% |
| OSK | 59.74% | $7.30B | +12.25% | 1.64% |
| LAD | 59.36% | $10.32B | +36.81% | 0.54% |
| HRI | 59.13% | $6.54B | +81.81% | 1.14% |
| FBIN | 59.08% | $9.70B | +8.09% | 1.23% |
| IEX | 58.93% | $17.55B | +13.52% | 1.17% |
| PATK | 58.87% | $3.02B | +56.14% | 1.67% |
| GRBK | 58.51% | $3.18B | +44.38% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| TCTM | -0.01% | $7.90M | -31.31% | 0.00% |
| MNSO | -0.11% | $7.07B | +11.52% | 1.20% |
| CLLS | 0.16% | $145.63M | -29.62% | 0.00% |
| GPCR | -0.17% | $1.94B | -47.11% | 0.00% |
| OCFT | -0.18% | $91.25M | -20.77% | 0.00% |
| CORZ | -0.18% | $4.48B | +2,051.37% | 0.00% |
| VHC | 0.22% | $18.98M | -30.75% | 0.00% |
| CASI | 0.29% | $52.91M | -33.31% | 0.00% |
| VIRT | 0.30% | $3.25B | +106.50% | 2.53% |
| CREG | -0.34% | $6.32M | -35.67% | 0.00% |
| BACK | 0.35% | $1.91M | -41.58% | 0.00% |
| CME | -0.37% | $84.90B | +9.89% | 1.92% |
| LLY | -0.43% | $759.26B | +36.56% | 0.65% |
| SCKT | 0.47% | $11.10M | +5.80% | 0.00% |
| ASPS | -0.52% | $22.14M | -81.89% | 0.00% |
| AVAL | 0.62% | $810.21M | +0.94% | 6.65% |
| VSTA | -0.63% | $194.41M | -41.46% | 0.00% |
| QD | -0.79% | $404.47M | +68.57% | 0.00% |
| TEM | 0.81% | $9.91B | 0.00% | 0.00% |
| ABEO | 0.89% | $275.61M | +36.64% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NNE | -15.42% | $924.09M | +600.00% | 0.00% |
| HUSA | -13.66% | $17.54M | -25.14% | 0.00% |
| LITB | -11.06% | $33.46M | -74.29% | 0.00% |
| RNR | -10.16% | $14.93B | +37.70% | 0.54% |
| EG | -9.48% | $16.49B | -3.84% | 2.01% |
| PGR | -9.06% | $154.68B | +61.58% | 0.43% |
| DAO | -8.68% | $195.19M | +50.60% | 0.00% |
| MNOV | -8.38% | $116.73M | +36.78% | 0.00% |
| NEUE | -8.07% | $41.67M | -22.85% | 0.00% |
| CBOE | -7.76% | $22.18B | +16.57% | 1.10% |
| CPSH | -7.75% | $22.08M | -36.54% | 0.00% |
| QTTB | -7.05% | $324.31M | +164.18% | 0.00% |
| STG | -6.84% | $32.56M | -29.30% | 0.00% |
| UUU | -6.60% | $5.04M | 0.00% | 0.00% |
| ACGL | -6.36% | $37.36B | +27.37% | 0.00% |
| DOGZ | -6.09% | $604.58M | +1,509.83% | 0.00% |
| ATEC | -5.90% | $1.45B | -19.92% | 0.00% |
| MNR | -5.70% | $1.59B | -13.83% | 20.59% |
| API | -5.40% | $369.53M | +87.41% | 0.00% |
| MCK | -5.33% | $78.87B | +35.27% | 0.43% |
ETF's related to MIDD
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -46.58% | $365.42M | 1.43% |
| VIXY | -27.46% | $195.31M | 0.85% |
| USDU | -23.58% | $210.52M | 0.5% |
| UUP | -22.06% | $376.91M | 0.77% |
| CTA | -14.32% | $367.83M | 0.76% |
| TAIL | -11.97% | $68.19M | 0.59% |
| UNG | -7.81% | $856.92M | 1.06% |
| EQLS | -7.01% | $8.93M | 1% |
| KMLM | -6.65% | $344.74M | 0.9% |
| JUCY | -6.32% | $325.86M | 0.6% |
| BSCO | -5.94% | $2.27B | 0.1% |
| WEAT | -5.84% | $119.27M | 0.28% |
| BIL | -4.33% | $34.29B | 0.1356% |
| HDRO | -3.38% | $164.26M | 0.3% |
| KCCA | -2.81% | $219.07M | 0.87% |
| CSHI | -2.76% | $493.76M | 0.38% |
| CORN | -2.17% | $59.94M | 0.2% |
| CLOI | -2.04% | $749.05M | 0.4% |
| KRBN | -1.73% | $235.35M | 0.85% |
| DBE | 0.12% | $50.22M | 0.77% |
News
Yahoo
The Middleby Corporation ( NASDAQ:MIDD ), might not be a large cap stock, but it saw a decent share price growth of 12...
Yahoo
MIDD's acquisition of Gorreri bolsters its food processing equipment group operations, with the latter adding several complementary products to its portfolio.
Yahoo
ELGIN, Ill., November 26, 2024--The Middleby Corporation (NASDAQ: MIDD) has announced the acquisition of Gorreri Food Processing Technology based outside Parma, Italy. Gorreri is a leading manufacturer of equipment for the baked goods industry, including cakes, pies, muffins, tarts and other desert line solutions. The company operates in a state-of-the-art, 50,000-square-foot facility, which was recently expanded to accommodate growth. Gorreri has revenues of $20 million annually.
Yahoo
The Middleby Corporation's ( NASDAQ:MIDD ) earnings announcement last week didn't impress shareholders. Despite the...
Finnhub
People Nov. 13, 2024 Luciano Delpozzo has joined Middleby as President of the Middleby Coffee Solutions Group. He will be based in the Seattle area where the brands are...
Finnhub
The Middleby Corporation today announced the acquisition of JC Ford, a leading manufacturer of tortilla production equipment systems.Founded in 1945, the company is based in Columbia, Tenn., and has...
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.