The Middleby Corporation (MIDD) EPS Estimated At $1.49

February 17, 2018 - By Adrian Erickson

 The Middleby Corporation (MIDD) EPS Estimated At $1.49
Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.25, from 1.05 in 2017Q2. It worsened, as 51 investors sold The Middleby Corporation shares while 109 reduced holdings. 32 funds opened positions while 96 raised stakes. 51.63 million shares or 0.01% more from 51.63 million shares in 2017Q2 were reported.
Barclays Public Limited Co stated it has 0% in The Middleby Corporation (NASDAQ:MIDD). Sumitomo Mitsui Tru Holdings invested in 0.03% or 166,355 shares. 26,300 were accumulated by Korea Inv. Wellington Gp Llp has 0.12% invested in The Middleby Corporation (NASDAQ:MIDD) for 3.95 million shares. Comerica Bank & Trust holds 0.01% or 16,867 shares. Artisan Ptnrs Ltd Partnership holds 0.27% or 1.13M shares in its portfolio. Green Square Cap Limited Liability stated it has 0.13% in The Middleby Corporation (NASDAQ:MIDD). Arrowmark Colorado Holding Ltd Llc stated it has 412,912 shares. Northwestern Mutual Wealth Management Communication invested 0% of its portfolio in The Middleby Corporation (NASDAQ:MIDD). Eaton Vance Mgmt, Massachusetts-based fund reported 17,242 shares. Washington Tru Bancorporation holds 0.01% or 450 shares in its portfolio. Manufacturers Life Insur Company The, Ontario – Canada-based fund reported 2,335 shares. 7,707 were accumulated by Aqr Cap Limited Liability. Andra Ap has invested 0.04% in The Middleby Corporation (NASDAQ:MIDD). Eqis Capital stated it has 8,390 shares or 0.06% of all its holdings.

Since August 28, 2017, it had 0 insider buys, and 3 selling transactions for $2.98 million activity. MILLER JOHN R III also sold $1.01M worth of The Middleby Corporation (NASDAQ:MIDD) shares. LINDSAY MARTIN M sold $1.30M worth of stock or 10,000 shares.

Analysts expect The Middleby Corporation (NASDAQ:MIDD) to report $1.49 EPS on February, 27.They anticipate $0.08 EPS change or 5.67 % from last quarter’s $1.41 EPS. MIDD’s profit would be $83.31M giving it 22.65 P/E if the $1.49 EPS is correct. After having $1.36 EPS previously, The Middleby Corporation’s analysts see 9.56 % EPS growth. The stock increased 1.46% or $1.94 during the last trading session, reaching $135. About 249,923 shares traded. The Middleby Corporation (NASDAQ:MIDD) has risen 8.18% since February 17, 2017 and is uptrending. It has underperformed by 8.52% the S&P500.

The Middleby Corporation (NASDAQ:MIDD) Ratings Coverage

Among 8 analysts covering Middleby (NASDAQ:MIDD), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Middleby had 17 analyst reports since November 12, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Citigroup given on Tuesday, January 30. The rating was maintained by TH Capital with “Buy” on Thursday, November 12. On Thursday, June 22 the stock rating was maintained by BMO Capital Markets with “Buy”. Macquarie Research upgraded the shares of MIDD in report on Wednesday, January 13 to “Outperform” rating. On Wednesday, November 18 the stock rating was upgraded by BMO Capital Markets to “Outperform”. Deutsche Bank initiated The Middleby Corporation (NASDAQ:MIDD) on Wednesday, September 7 with “Hold” rating. BMO Capital Markets maintained The Middleby Corporation (NASDAQ:MIDD) on Thursday, August 10 with “Buy” rating. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Monday, October 16. The rating was maintained by Robert W. Baird with “Outperform” on Friday, August 11. The stock of The Middleby Corporation (NASDAQ:MIDD) earned “Buy” rating by BMO Capital Markets on Friday, September 29.

The Middleby Corporation designs, manufactures, markets, distributes, and services commercial foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. The company has market cap of $7.55 billion. The Company’s Commercial Foodservice Equipment Group segment offers cooking and warming equipment for quick-service restaurants, full-service restaurants, convenience stores, retail outlets, hotels, and other institutions. It has a 25.35 P/E ratio. This segment provides conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; and ranges, fryers, rethermalizers, steam cooking equipment, warming equipment, heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, induction cooking equipment, countertop cooking equipment, toasters, professional refrigerators, blast chillers, coldrooms, ice machines, freezers, and beverage dispensing equipment.

More important recent The Middleby Corporation (NASDAQ:MIDD) news were published by: which released: “Suncoast Equity Management Buys Cognizant Technology Solutions Corp, VMware …” on February 08, 2018, also published article titled: “Middleby Acquires Hinds-Bock Corporation”, published: “Middleby Corp. buys Denmark company” on December 08, 2017. More interesting news about The Middleby Corporation (NASDAQ:MIDD) was released by: and their article: “Empire Life Investments Inc. Buys The Middleby Corp, TJX Inc, Celgene Corp …” with publication date: February 15, 2018.

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