What is William Blair’s Forecast for Middleby Q1 Earnings?

The Middleby Co. (NASDAQ:MIDD) – Research analysts at William Blair issued their Q1 2025 earnings estimates for shares of Middleby in a research report issued on Tuesday, February 25th. William Blair analyst R. Sparenblek anticipates that the industrial products company will earn $1.98 per share for the quarter. The consensus estimate for Middleby’s current full-year earnings is $9.11 per share. William Blair also issued estimates for Middleby’s Q2 2025 earnings at $2.52 EPS, Q3 2025 earnings at $2.60 EPS, Q4 2025 earnings at $2.97 EPS, FY2025 earnings at $9.90 EPS and FY2026 earnings at $10.60 EPS.

A number of other analysts have also recently commented on the stock. Barclays upped their target price on shares of Middleby from $160.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday. JPMorgan Chase & Co. boosted their price target on Middleby from $145.00 to $150.00 and gave the company an “underweight” rating in a report on Wednesday. Robert W. Baird raised their price objective on Middleby from $157.00 to $227.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. KeyCorp boosted their price objective on Middleby from $160.00 to $185.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. Finally, Jefferies Financial Group restated a “hold” rating and set a $160.00 target price (down previously from $170.00) on shares of Middleby in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $180.86.

Middleby Trading Down 2.3 %

Middleby stock opened at $165.36 on Thursday. The business has a 50-day simple moving average of $152.36 and a two-hundred day simple moving average of $143.15. Middleby has a 52-week low of $118.41 and a 52-week high of $182.73. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.66. The company has a market cap of $8.90 billion, a P/E ratio of 22.81 and a beta of 1.64.

Middleby (NASDAQ:MIDD) last released its quarterly earnings results on Tuesday, February 25th. The industrial products company reported $2.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.38. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $996.69 million. Middleby had a return on equity of 14.66% and a net margin of 10.14%. The company’s revenue for the quarter was up .4% on a year-over-year basis. During the same period last year, the business posted $2.65 EPS.

Institutional Investors Weigh In On Middleby

A number of institutional investors have recently added to or reduced their stakes in MIDD. Forum Financial Management LP purchased a new position in shares of Middleby in the fourth quarter worth $348,000. Burgundy Asset Management Ltd. purchased a new stake in Middleby in the 4th quarter worth $207,000. Two Sigma Advisers LP purchased a new stake in Middleby in the 4th quarter worth $298,000. Two Sigma Investments LP bought a new position in shares of Middleby during the 4th quarter valued at about $1,621,000. Finally, Teza Capital Management LLC purchased a new position in shares of Middleby during the fourth quarter valued at about $2,129,000. 98.55% of the stock is owned by hedge funds and other institutional investors.

About Middleby

The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing.