MIDD RSI Chart
Last 7 days
-1.0%
Last 30 days
-11.5%
Last 90 days
-0.1%
Trailing 12 Months
0.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
---|---|---|---|---|---|---|
Apr 25, 2024 | GHP Investment Advisors, Inc. | new | - | 54,026 | 54,026 | -% |
Apr 25, 2024 | Lindbrook Capital, LLC | added | 44.74 | 3,251 | 8,843 | -% |
Apr 25, 2024 | Bank of New York Mellon Corp | unchanged | - | 44,530 | 657,235 | -% |
Apr 25, 2024 | Mendota Financial Group, LLC | reduced | -4.13 | 7,610 | 168,026 | 0.10% |
Apr 25, 2024 | Allworth Financial LP | added | 20.00 | 915 | 3,859 | -% |
Apr 25, 2024 | Bank of New York Mellon Corp | reduced | -3.51 | 3,567,200 | 69,348,800 | 0.01% |
Apr 25, 2024 | Zurcher Kantonalbank (Zurich Cantonalbank) | reduced | -2.24 | 374,437 | 5,872,860 | 0.02% |
Apr 25, 2024 | NEW YORK STATE TEACHERS RETIREMENT SYSTEM | added | 0.38 | 758,000 | 8,605,000 | 0.02% |
Apr 25, 2024 | Verdence Capital Advisors LLC | new | - | 347,789 | 347,789 | 0.03% |
Apr 24, 2024 | Spire Wealth Management | unchanged | - | 900 | 7,557 | -% |
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 | ||||||||
GE | 177.7B | 69.5B | 50.61 | 2.56 | ||||
CAT | 175.2B | 67.1B | 16.96 | 2.61 | ||||
CMI | 41.3B | 34.1B | 49.14 | 1.21 | ||||
AME | 41.0B | 6.6B | 31.22 | 6.21 | ||||
ACM | 12.8B | 14.9B | 206.88 | 0.86 | ||||
MID-CAP | ||||||||
APG | 9.3B | 6.9B | 60.77 | 1.34 | ||||
FLR | 7.0B | 15.5B | 50.4 | 0.45 | ||||
FLS | 6.1B | 4.3B | 32.87 | 1.42 | ||||
ACA | 3.8B | 2.3B | 23.6 | 1.63 | ||||
ALG | 2.4B | 1.7B | 17.52 | 1.41 | ||||
SMALL-CAP | ||||||||
AMRC | 1.1B | 1.4B | 17.92 | 0.81 | ||||
NKLA | 854.8M | 35.8M | -0.88 | 23.85 | ||||
AGX | 820.8M | 573.3M | 25.36 | 1.43 | ||||
AMSC | 377.4M | 135.4M | -23.01 | 2.79 | ||||
ADES | 261.9M | 99.2M | -21.38 | 2.64 |
Middleby Corp-The News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.8% | 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 | 757 |
Gross Profit | 3.0% | 387 | 375 | 393 | 379 | 390 | 365 | 361 | 331 | 316 | 300 | 304 | 276 | 256 | 223 | 153 | 250 | 290 | 270 | 286 | 257 | 281 |
S&GA Expenses | -2.5% | 192 | 196 | 204 | 215 | 200 | 201 | 189 | 206 | 172 | 175 | 166 | 155 | 147 | 129 | 112 | 144 | 149 | 144 | 145 | 156 | 140 |
EBITDA Margin | - | 0.19* | - | 0.20* | 0.19* | 0.19* | 0.19* | 0.22* | 0.23* | 0.24* | 0.24* | 0.20* | 0.18* | 0.18* | - | - | - | - | - | - | - | - |
Income Taxes | -70.2% | 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 | 33.00 |
Earnings Before Taxes | -39.8% | 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 | 128 |
EBT Margin | -12.1% | 0.13* | 0.15* | 0.14* | 0.14* | 0.14* | 0.14* | 0.17* | 0.18* | 0.19* | 0.18* | 0.14* | 0.11* | - | - | - | - | - | - | - | - | - |
Net Income | -29.8% | 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 | 95.00 |
Net Income Margin | -11.9% | 0.10* | 0.11* | 0.11* | 0.11* | 0.11* | 0.10* | 0.13* | 0.14* | 0.15* | 0.14* | 0.11* | 0.09* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 21.4% | 240 | 198 | 39.00 | 67.00 | 143 | 65.00 | 87.00 | -29.84 | 61.00 | 163 | 102 | 51.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -0.2% | 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 | 4,550 |
Current Assets | 0.3% | 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 | 1,062 |
Cash Equivalents | 48.0% | 247 | 167 | 157 | 157 | 162 | 145 | 167 | 147 | 180 | 251 | 396 | 309 | 268 | 220 | 650 | 381 | 95.00 | 87.00 | 82.00 | 81.00 | 72.00 |
Inventory | -7.8% | 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 | 522 |
Net PPE | 2.4% | 511 | 499 | 483 | 462 | 444 | 424 | 418 | 383 | 381 | 370 | 337 | 336 | 344 | 344 | 343 | 346 | 352 | 343 | 337 | 318 | 315 |
Goodwill | 1.4% | 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 | 1,743 |
Current Liabilities | -1.5% | 851 | 864 | 878 | 990 | 988 | 938 | 976 | 918 | 915 | 823 | 732 | 714 | 700 | 597 | 505 | 607 | 593 | 585 | 565 | 562 | 559 |
Long Term Debt | -6.1% | 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 | 1,889 |
LT Debt, Current | 1.1% | 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 | 3.00 |
LT Debt, Non Current | -6.1% | 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 | 1,889 |
Shareholder's Equity | 5.0% | 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 | 1,665 |
Retained Earnings | 2.0% | 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 | 2,009 |
Additional Paid-In Capital | 3.4% | 479 | 463 | 444 | 426 | 408 | 393 | 377 | 364 | 357 | 381 | 371 | 361 | 433 | 416 | 407 | 395 | 387 | 383 | 381 | 378 | 377 |
Accumulated Depreciation | 3.9% | 340 | 327 | 320 | 308 | 300 | 283 | 279 | 273 | 266 | 257 | 247 | 238 | 230 | 224 | 213 | 203 | 198 | 189 | 182 | 175 | 168 |
Shares Outstanding | 0.0% | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 55.00 | 55.00 | 55.00 | 55.00 | 55.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 7,833 | - | - | - | 6,752 | - | - | - | 9,526 | - | - | - | 4,005 | - | - | - | 7,495 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 16.7% | 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 | 116,867 |
Share Based Compensation | 18.9% | 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 | -2,787 |
Cashflow From Investing | 69.4% | -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 | -53,734 |
Cashflow From Financing | -9.7% | -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 | -67,493 |
Buy Backs | - | 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 | - |
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) $ in Thousands | 12 Months Ended | ||||
---|---|---|---|---|---|
Dec. 30, 2023 | Dec. 31, 2022 | Jan. 01, 2022 | |||
Net sales | $ 4,036,605 | $ 4,032,853 | $ 3,250,792 | ||
Cost of Sales | 2,502,543 | 2,586,299 | 2,055,932 | ||
Gross profit | 1,534,062 | 1,446,554 | 1,194,860 | ||
Selling, General and Administrative Expense | 806,946 | 797,234 | 667,976 | ||
Restructuring Charges | 14,134 | 9,716 | 7,655 | ||
Impairments | 78,114 | 0 | 0 | ||
Merger termination fee | 0 | 0 | (110,000) | ||
Gain on sale of plant | 0 | 0 | (763) | ||
Income from operations | [1] | 634,868 | 639,604 | 629,992 | |
Net interest expense and deferred financing amortization, net | 120,348 | 88,977 | 57,157 | ||
Net Periodic Benefit Cost, Other Than Service Cost & Curtailment | (9,071) | (42,681) | (45,066) | ||
Other expense (income), net | 4,213 | 28,893 | (1,603) | ||
Earnings before income taxes | 519,378 | 564,415 | 619,504 | ||
Provision for income taxes | 118,496 | 127,846 | 131,012 | ||
Net earnings | $ 400,882 | $ 436,569 | $ 488,492 | ||
Net earnings per share: | |||||
Basic (in usd per share) | $ 7.48 | $ 8.07 | $ 8.85 | ||
Diluted (in usd per share) | $ 7.41 | $ 7.95 | $ 8.62 | ||
Weighted average number of shares | |||||
Basic (in shares) | 53,577,000 | 54,095,000 | 55,216,000 | ||
Dilutive common stock equivalents (in shares) | 509,000 | 852,000 | 1,449,000 | ||
Diluted (in shares) | 54,086,000 | 54,947,000 | 56,665,000 | ||
|
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 247,496 | $ 162,001 |
Accounts Receivable, Net, Current | 644,576 | 631,134 |
Inventory, Net | 935,867 | 1,077,729 |
Prepaid expenses and other | 112,690 | 125,640 |
Prepaid Taxes | 25,230 | 9,492 |
Total current assets | 1,965,859 | 2,005,996 |
Property, Plant and Equipment, Net | 510,898 | 443,528 |
Goodwill | 2,486,310 | 2,411,834 |
Other intangibles | 1,693,076 | 1,794,232 |
Deferred Income Tax Assets, Net | 7,945 | 6,738 |
Assets for Plan Benefits, Defined Benefit Plan | 38,535 | 0 |
Other assets | 204,069 | 212,538 |
Total Assets | 6,906,692 | 6,874,866 |
Current liabilities: | ||
Current maturities of long-term debt | 44,822 | 45,583 |
Accounts payable | 227,080 | 271,374 |
Accrued expenses | 579,192 | 671,327 |
Total current liabilities | 851,094 | 988,284 |
Long-term debt | 2,380,373 | 2,676,741 |
Deferred Tax and Other Liabilities, Noncurrent | 216,143 | 220,204 |
Liability, Defined Benefit Pension Plan, Noncurrent | 12,128 | 14,948 |
Other non-current liabilities | 197,065 | 176,942 |
Stockholders' equity: | ||
Common Stock, Value, Issued | 148 | 147 |
Paid-in capital | 479,216 | 408,376 |
Treasury Stock, Value | 906,031 | 831,176 |
Retained earnings | 3,899,754 | 3,498,872 |
Accumulated other comprehensive loss | (223,198) | (278,472) |
Total stockholders' equity | 3,249,889 | 2,797,747 |
Total liabilities and stockholders' equity | $ 6,906,692 | $ 6,874,866 |