MIDD RSI Chart
Last 7 days
-3.6%
Last 30 days
-5.8%
Last 90 days
-7.9%
Trailing 12 Months
-6.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 4.0B | 0 | 0 | 0 |
2023 | 4.0B | 4.1B | 4.1B | 4.0B |
2022 | 3.5B | 3.7B | 3.9B | 4.0B |
2021 | 2.6B | 2.9B | 3.1B | 3.3B |
2020 | 3.0B | 2.7B | 2.6B | 2.5B |
2019 | 2.8B | 2.9B | 2.9B | 3.0B |
2018 | 2.4B | 2.5B | 2.6B | 2.7B |
2017 | 2.3B | 2.3B | 2.3B | 2.3B |
2016 | 1.9B | 2.1B | 2.2B | 2.3B |
2015 | 1.7B | 1.7B | 1.7B | 1.8B |
2014 | 1.5B | 1.5B | 1.6B | 1.6B |
2013 | 1.2B | 1.3B | 1.3B | 1.4B |
2012 | 990.3M | 990.3M | 1.1B | 1.1B |
2011 | 787.3M | 873.9M | 953.8M | 990.3M |
2010 | 625.8M | 640.6M | 664.4M | 719.1M |
2009 | 0 | 650.1M | 648.4M | 646.6M |
2008 | 0 | 0 | 0 | 651.9M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 06, 2024 | miller john r iii | acquired | - | - | 1,140 | - |
Mar 06, 2024 | shah tejas p. | acquired | - | - | 1,140 | - |
Mar 06, 2024 | ziyad nassem | acquired | - | - | 1,140 | - |
Mar 06, 2024 | palisi chapin sarah | acquired | - | - | 1,140 | - |
Mar 06, 2024 | obrien gordon | acquired | - | - | 1,140 | - |
Mar 06, 2024 | scherger stephen r. | acquired | - | - | 1,140 | - |
Mar 06, 2024 | mccarthy cathy l | acquired | - | - | 1,140 | - |
Mar 06, 2024 | nerbonne robert a | acquired | - | - | 1,140 | - |
Mar 05, 2024 | mccarthy cathy l | sold | -153,125 | 153 | -1,000 | - |
Mar 01, 2024 | fuchsen matthew r | sold (taxes) | -182,514 | 154 | -1,184 | chief development officer |
Which funds bought or sold MIDD recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 17, 2024 | Lummis Asset Management, LP | reduced | -22.07 | -245,141 | 1,404,340 | 1.88% |
May 16, 2024 | JANE STREET GROUP, LLC | added | 34.85 | 6,500,890 | 20,234,900 | -% |
May 16, 2024 | Tidal Investments LLC | added | 278 | 1,104,880 | 1,456,760 | 0.02% |
May 16, 2024 | LBP AM SA | sold off | -100 | -2,826,360 | - | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.17 | 301,161 | 8,659,830 | 0.01% |
May 16, 2024 | COMERICA BANK | reduced | -2.02 | 309,902 | 4,709,120 | 0.02% |
May 15, 2024 | NOMURA HOLDINGS INC | new | - | 870,054 | 870,054 | -% |
May 15, 2024 | Petrus Trust Company, LTA | new | - | 281,383 | 281,383 | 0.03% |
May 15, 2024 | Meiji Yasuda Asset Management Co Ltd. | new | - | 220,765 | 220,765 | 0.01% |
May 15, 2024 | JANUS HENDERSON GROUP PLC | reduced | -10.82 | -97,175 | 3,711,320 | -% |
Unveiling Middleby Corp-The's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Middleby Corp-The)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CAT | 176.0B | 67.0B | 15.65 | 2.63 | ||||
GE | 175.0B | 69.5B | 49.85 | 2.52 | ||||
CMI | 39.1B | 34.0B | 18.95 | 1.15 | ||||
AME | 38.6B | 6.7B | 29.28 | 5.73 | ||||
ACM | 12.2B | 15.3B | -885.03 | 0.79 | ||||
MID-CAP | ||||||||
APG | 9.8B | 6.9B | 57.15 | 1.42 | ||||
FLR | 6.6B | 15.5B | 21.56 | 0.42 | ||||
FLS | 6.5B | 4.4B | 27.89 | 1.48 | ||||
ACA | 4.2B | 2.4B | 29.5 | 1.79 | ||||
ALG | 2.3B | 1.7B | 17.35 | 1.37 | ||||
SMALL-CAP | ||||||||
AMRC | 1.4B | 1.4B | 24.47 | 1.02 | ||||
AGX | 872.9M | 573.3M | 26.98 | 1.52 | ||||
NKLA | 732.5M | 35.8M | -0.78 | 20.44 | ||||
AMSC | 430.6M | 135.4M | -26.25 | 3.18 | ||||
ADES | 247.8M | 100.1M | -30.37 | 2.47 |
Middleby Corp-The News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -8.1% | 927 | 1,009 | 981 | 1,040 | 1,007 | 1,032 | 993 | 1,014 | 995 | 866 | 818 | 809 | 758 | 729 | 635 | 472 | 677 | 788 | 724 | 761 | 687 |
Gross Profit | -10.4% | 346 | 387 | 375 | 393 | 379 | 390 | 365 | 361 | 331 | 316 | 300 | 304 | 276 | 256 | 223 | 153 | 250 | 290 | 270 | 286 | 257 |
S&GA Expenses | 7.5% | 206 | 192 | 196 | 204 | 215 | 200 | 201 | 189 | 206 | 172 | 175 | 166 | 155 | 147 | 129 | 112 | 144 | 149 | 144 | 145 | 156 |
EBITDA Margin | -0.6% | 0.19* | 0.19* | 0.20* | 0.20* | 0.19* | 0.19* | 0.19* | 0.22* | 0.23* | 0.24* | 0.24* | 0.20* | - | - | - | - | - | - | - | - | - |
Income Taxes | 166.1% | 28.00 | 11.00 | 36.00 | 39.00 | 33.00 | 29.00 | 35.00 | 38.00 | 27.00 | 33.00 | 55.00 | 14.00 | 29.00 | 14.00 | 18.00 | 6.00 | 23.00 | 32.00 | 24.00 | 33.00 | 21.00 |
Earnings Before Taxes | 32.1% | 115 | 87.00 | 144 | 156 | 132 | 162 | 139 | 151 | 112 | 136 | 231 | 134 | 118 | 66.00 | 79.00 | 27.00 | 96.00 | 141 | 106 | 125 | 90.00 |
EBT Margin | -1.3% | 0.13* | 0.13* | 0.15* | 0.14* | 0.14* | 0.14* | 0.14* | 0.17* | 0.18* | 0.19* | 0.18* | 0.14* | - | - | - | - | - | - | - | - | - |
Net Income | 13.5% | 87.00 | 76.00 | 109 | 117 | 99.00 | 133 | 104 | 113 | 86.00 | 103 | 176 | 121 | 89.00 | 52.00 | 61.00 | 21.00 | 74.00 | 109 | 82.00 | 92.00 | 69.00 |
Net Income Margin | -1.2% | 0.10* | 0.10* | 0.11* | 0.11* | 0.11* | 0.11* | 0.10* | 0.13* | 0.14* | 0.15* | 0.14* | 0.11* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -47.1% | 127 | 240 | 198 | 39.00 | 67.00 | 143 | 65.00 | 87.00 | -29.84 | 61.00 | 163 | 102 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.3% | 6,930 | 6,907 | 6,923 | 6,985 | 6,956 | 6,875 | 6,672 | 6,579 | 6,474 | 6,384 | 5,773 | 5,423 | 5,290 | 5,202 | 5,020 | 5,415 | 5,278 | 5,002 | 4,929 | 4,887 | 4,688 |
Current Assets | 2.9% | 2,022 | 1,966 | 1,961 | 2,036 | 2,061 | 2,006 | 1,951 | 1,935 | 1,824 | 1,707 | 1,508 | 1,526 | 1,393 | 1,270 | 1,241 | 1,651 | 1,508 | 1,209 | 1,200 | 1,185 | 1,111 |
Cash Equivalents | 37.8% | 341 | 247 | 167 | 157 | 157 | 162 | 145 | 167 | 147 | 180 | 251 | 396 | 309 | 268 | 220 | 650 | 381 | 95.00 | 87.00 | 82.00 | 81.00 |
Inventory | 0.8% | 944 | 936 | 1,015 | 1,083 | 1,116 | 1,078 | 1,063 | 1,009 | 925 | 837 | 686 | 609 | 574 | 540 | 558 | 608 | 624 | 586 | 614 | 612 | 580 |
Net PPE | -0.5% | 508 | 511 | 499 | 483 | 462 | 444 | 424 | 418 | 383 | 381 | 370 | 337 | 336 | 344 | 344 | 343 | 346 | 352 | 343 | 337 | 318 |
Goodwill | -0.5% | 2,473 | 2,486 | 2,452 | 2,452 | 2,429 | 2,412 | 2,287 | 2,221 | 2,236 | 2,243 | 2,106 | 136 | 1,929 | 1,934 | 1,855 | 1,842 | 1,836 | 1,850 | 1,809 | 44.00 | 38.00 |
Current Liabilities | -1.2% | 841 | 851 | 864 | 878 | 990 | 988 | 938 | 976 | 918 | 915 | 823 | 732 | 714 | 700 | 597 | 505 | 607 | 593 | 585 | 565 | 562 |
Long Term Debt | -0.4% | 2,370 | 2,380 | 2,536 | 2,688 | 2,688 | 2,677 | 2,693 | 2,647 | 2,570 | 2,387 | 1,866 | 1,796 | 1,801 | 1,707 | 1,809 | 2,373 | 2,177 | 1,870 | 1,956 | 1,992 | 1,889 |
LT Debt, Current | -0.6% | 45.00 | 45.00 | 44.00 | 44.00 | 44.00 | 46.00 | 45.00 | 49.00 | 28.00 | 27.00 | 22.00 | 23.00 | 21.00 | 23.00 | 23.00 | 24.00 | 22.00 | 3.00 | 3.00 | 3.00 | 3.00 |
LT Debt, Non Current | -100.0% | - | 2,380 | 2,536 | 2,688 | 2,688 | 2,677 | 2,693 | 2,647 | 2,570 | 2,387 | 1,866 | 1,796 | 1,801 | 1,707 | 1,809 | 2,373 | 2,177 | 1,870 | 1,956 | 1,992 | 1,889 |
Shareholder's Equity | 1.9% | 3,311 | 3,250 | 3,095 | 3,000 | 2,862 | 2,798 | 2,499 | 2,418 | 2,428 | 2,494 | 2,299 | 2,126 | 1,995 | 1,977 | 2,031 | 1,940 | 1,895 | 1,947 | 1,856 | 1,798 | 1,726 |
Retained Earnings | 2.2% | 3,986 | 3,900 | 3,823 | 3,715 | 3,598 | 3,499 | 3,366 | 3,261 | 3,148 | 3,062 | 2,960 | 2,784 | 2,663 | 2,569 | 2,517 | 2,456 | 2,435 | 2,361 | 2,252 | 2,170 | 2,078 |
Additional Paid-In Capital | 2.9% | 493 | 479 | 463 | 444 | 426 | 408 | 393 | 377 | 364 | 357 | 381 | 371 | 361 | 433 | 416 | 407 | 395 | 387 | 383 | 381 | 378 |
Accumulated Depreciation | 3.0% | 350 | 340 | 327 | 320 | 308 | 300 | 283 | 279 | 273 | 266 | 257 | 247 | 238 | 230 | 224 | 213 | 203 | 198 | 189 | 182 | 175 |
Shares Outstanding | 0.1% | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 55.00 | 55.00 | 55.00 | 55.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 7,833 | - | - | - | 6,752 | - | - | - | 9,526 | - | - | - | 4,005 | - | - | - | 7,495 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -44.9% | 140,901 | 255,687 | 219,153 | 61,948 | 92,002 | 159,103 | 83,991 | 104,802 | -15,344 | 77,359 | 173,659 | 112,686 | 59,695 | 208,603 | 151,422 | 77,623 | 87,137 | 147,681 | 128,154 | 67,642 | 33,948 |
Share Based Compensation | -12.0% | 13,822 | 15,700 | 13,200 | 9,900 | 12,200 | 15,780 | 15,700 | 13,200 | 13,700 | 15,182 | 10,200 | 9,300 | 7,600 | 5,160 | 5,300 | 5,000 | 4,159 | 4,820 | 2,000 | 300 | 1,069 |
Cashflow From Investing | 2.6% | -16,089 | -16,518 | -53,958 | -48,816 | -36,450 | -90,451 | -150,609 | -83,133 | -24,126 | -596,182 | -388,457 | -17,184 | -7,038 | -53,218 | -10,358 | -3,959 | -39,222 | -54,874 | -84,074 | -168,227 | -20,492 |
Cashflow From Financing | 82.7% | -28,558 | -165,171 | -150,533 | -11,858 | -63,377 | -64,963 | 54,856 | 9,017 | 8,721 | 448,428 | 73,092 | -10,446 | -8,285 | -117,630 | -573,169 | 193,233 | 245,098 | -87,060 | -35,555 | 101,281 | -4,111 |
Buy Backs | 80828.6% | 16,995 | 21.00 | - | 6,896 | 67,648 | 25,097 | 71.00 | 69,596 | 170,013 | 26,788 | 115 | 600 | 1,762 | 8,628 | 395 | 2,249 | 74,600 | - | 58.00 | 818 | 5,268 |
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands | 3 Months Ended | |||||
---|---|---|---|---|---|---|
Mar. 30, 2024 | Apr. 01, 2023 | |||||
Revenue from Contract with Customer, Excluding Assessed Tax | $ 926,926 | $ 1,007,396 | ||||
Cost of sales | 580,568 | 628,661 | ||||
Gross profit | 346,358 | 378,735 | ||||
Selling, General and Administrative Expense | 206,048 | 215,407 | ||||
Restructuring Charges | 3,177 | 2,306 | ||||
Income from operations | [1],[2] | 137,133 | 161,022 | |||
Net interest expense and deferred financing amortization, net | 26,274 | 29,462 | ||||
Net periodic pension benefit (other than service costs) | (3,678) | (2,251) | ||||
Other (income) expense, net | (300) | 1,896 | ||||
Earnings before income taxes | 114,837 | 131,915 | ||||
Provision for income taxes | 28,269 | 32,826 | ||||
Net earnings | $ 86,568 | $ 99,089 | ||||
Net earnings per share: | ||||||
Earnings Per Share, Basic | $ 1.61 | $ 1.85 | ||||
Earnings Per Share, Diluted | $ 1.59 | $ 1.82 | ||||
Weighted average number of shares | ||||||
Basic (in shares) | 53,654,000 | 53,594,000 | ||||
Dilutive common stock equivalents (in shares) | 740,000 | 783,000 | ||||
Diluted (in shares) | 54,394,000 | 54,377,000 | ||||
Comprehensive income | $ 64,523 | $ 114,918 | ||||
|
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 30, 2024 | Dec. 30, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 341,018 | $ 247,496 |
Accounts receivable, net of reserve for doubtful accounts of $23,696 and $23,464 | 605,180 | 644,576 |
Inventories, net | 943,679 | 935,867 |
Prepaid expenses and other | 116,302 | 112,690 |
Prepaid Taxes | 15,744 | 25,230 |
Total current assets | 2,021,923 | 1,965,859 |
Property, plant and equipment, net of accumulated depreciation of $349,673 and $339,528 | 508,140 | 510,898 |
Goodwill | 2,473,323 | 2,486,310 |
Other intangibles | 1,669,472 | 1,693,076 |
Long-term deferred tax assets | 8,033 | 7,945 |
Assets for Plan Benefits, Defined Benefit Plan | 42,817 | 38,535 |
Other assets | 206,697 | 204,069 |
Total assets | 6,930,405 | 6,906,692 |
Current liabilities: | ||
Current maturities of long-term debt | 44,543 | 44,822 |
Accounts payable | 233,432 | 227,080 |
Accrued expenses | 562,908 | 579,192 |
Total current liabilities | 840,883 | 851,094 |
Long-term debt | 2,370,107 | 2,380,373 |
Deferred Income Tax Liabilities, Net | 207,806 | 216,143 |
Liability, Defined Benefit Pension Plan, Noncurrent | 11,991 | 12,128 |
Other non-current liabilities | 188,379 | 197,065 |
Stockholders' equity: | ||
Preferred stock, $0.01 par value; nonvoting; 2,000,000 shares authorized; none issued | 0 | 0 |
Common stock, $0.01 par value; 64,210,323 and 63,942,340 shares issued in 2024 and 2023, respectively | 148 | 148 |
Cumulative Effect Period of Adoption ASU 2020-06, Paid-in capital | 493,038 | 479,216 |
Treasury stock, at cost; 10,448,781 and 10,338,922 shares in 2024 and 2023, respectively | (923,026) | (906,031) |
Cumulative Effect Period of Adoptions ASU 2020-06, Retained earnings | 3,986,322 | 3,899,754 |
Accumulated other comprehensive loss | (245,243) | (223,198) |
Total stockholders' equity | 3,311,239 | 3,249,889 |
Total liabilities and stockholders' equity | $ 6,930,405 | $ 6,906,692 |