What is Zacks Research's Forecast for Middleby Q2 Earnings?

The Middleby Co. (NASDAQ:MIDD - Free Report) - Analysts at Zacks Research upped their Q2 2025 earnings per share estimates for Middleby in a report released on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the industrial products company will earn $2.39 per share for the quarter, up from their prior forecast of $2.31. The consensus estimate for Middleby's current full-year earnings is $9.11 per share. Zacks Research also issued estimates for Middleby's Q3 2025 earnings at $2.37 EPS, Q4 2025 earnings at $2.67 EPS, FY2025 earnings at $9.36 EPS, Q1 2026 earnings at $2.13 EPS, Q2 2026 earnings at $2.60 EPS, Q3 2026 earnings at $2.56 EPS, Q4 2026 earnings at $2.89 EPS, FY2026 earnings at $10.18 EPS and FY2027 earnings at $12.15 EPS.

Middleby (NASDAQ:MIDD - Get Free Report) last issued its quarterly earnings data 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. Middleby had a return on equity of 14.66% and a net margin of 10.14%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $996.69 million. During the same period last year, the company earned $2.65 earnings per share. The firm's revenue was up .4% compared to the same quarter last year.

MIDD has been the topic of a number of other research reports. Canaccord Genuity Group upped their price target on shares of Middleby from $192.00 to $200.00 and gave the company a "buy" rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. lifted their target price on Middleby from $145.00 to $150.00 and gave the stock an "underweight" rating in a report on Wednesday, February 26th. Robert W. Baird increased their price target on Middleby from $157.00 to $227.00 and gave the stock an "outperform" rating in a report on Tuesday, January 28th. StockNews.com lowered shares of Middleby from a "buy" rating to a "hold" rating in a research note on Monday, January 27th. Finally, Jefferies Financial Group reissued a "hold" rating and set a $160.00 target price (down from $170.00) on shares of Middleby in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Middleby presently has a consensus rating of "Hold" and an average price target of $180.86.

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Middleby Trading Up 2.7 %

Middleby stock traded up $4.13 during mid-day trading on Thursday, hitting $158.54. 621,699 shares of the stock were exchanged, compared to its average volume of 604,405. The firm's fifty day simple moving average is $160.10 and its two-hundred day simple moving average is $145.46. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.66. Middleby has a 12 month low of $118.41 and a 12 month high of $182.73. The stock has a market capitalization of $8.50 billion, a price-to-earnings ratio of 21.87 and a beta of 1.72.

Insider Activity at Middleby

In related news, Director Chapin Sarah Palisi sold 500 shares of the company's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $163.51, for a total value of $81,755.00. Following the sale, the director now owns 6,111 shares in the company, valued at $999,209.61. This represents a 7.56 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.16% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its stake in Middleby by 39.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,149 shares of the industrial products company's stock valued at $562,000 after acquiring an additional 1,171 shares in the last quarter. Forum Financial Management LP purchased a new stake in Middleby in the 4th quarter valued at about $348,000. Burgundy Asset Management Ltd. bought a new position in shares of Middleby in the fourth quarter valued at approximately $207,000. Two Sigma Advisers LP purchased a new position in Middleby in the fourth quarter worth $298,000. Finally, Two Sigma Investments LP bought a new position in Middleby in the 4th quarter valued at $1,621,000. Hedge funds and other institutional investors own 98.55% of the company's stock.

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.