Middleby (MIDD) Expected to Announce Quarterly Earnings on Thursday

Middleby (NASDAQ:MIDD) is expected to be posting its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect Middleby to post earnings of $1.94 per share and revenue of $777.1850 million for the quarter. Middleby has set its FY 2026 guidance at 9.200-9.360 EPS and its Q1 2026 guidance at 1.900-2.020 EPS. Individuals are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

Middleby (NASDAQ:MIDD) last released its quarterly earnings results on Thursday, February 26th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.15. Middleby had a negative net margin of 7.44% and a positive return on equity of 14.57%. The company had revenue of $334.59 million during the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the firm earned $2.88 earnings per share. Middleby’s revenue was up 4.5% on a year-over-year basis. On average, analysts expect Middleby to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Middleby Price Performance

MIDD stock opened at $137.20 on Tuesday. Middleby has a 1 year low of $110.82 and a 1 year high of $169.44. The company has a market cap of $6.40 billion, a P/E ratio of -23.94 and a beta of 1.34. The firm has a 50-day moving average of $144.63 and a 200 day moving average of $141.69. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.57 and a quick ratio of 1.92.

Institutional Investors Weigh In On Middleby

Institutional investors have recently made changes to their positions in the company. Danske Bank A S bought a new position in Middleby in the third quarter worth approximately $27,000. Los Angeles Capital Management LLC bought a new position in Middleby in the fourth quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd raised its position in Middleby by 135.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 245 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 141 shares during the period. EverSource Wealth Advisors LLC raised its position in Middleby by 280.2% in the second quarter. EverSource Wealth Advisors LLC now owns 327 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 241 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Middleby by 90.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 432 shares of the industrial products company’s stock worth $66,000 after acquiring an additional 205 shares during the period. Hedge funds and other institutional investors own 98.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Middleby in a research note on Friday. KeyCorp raised their target price on shares of Middleby from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Jefferies Financial Group reaffirmed a “buy” rating and set a $195.00 target price on shares of Middleby in a research note on Tuesday, March 31st. Robert W. Baird raised their target price on shares of Middleby from $159.00 to $197.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Finally, Zacks Research downgraded shares of Middleby from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 26th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Middleby presently has a consensus rating of “Moderate Buy” and an average price target of $178.57.

Middleby Company Profile

Middleby Corporation is a global manufacturer and distributor of commercial foodservice and food processing equipment. The company designs, engineers and markets a wide range of cooking, baking, refrigeration, warewashing, holding and dispensing solutions. Middleby’s products serve restaurants, hotels, convenience stores, institutional cafeterias, cruise ships and other foodservice operators.

The company’s portfolio spans multiple well-known brands, including Blodgett ovens, TurboChef rapid‐cook ovens, Southbend ranges and broilers, Pitco fryers, and Viking residential and commercial kitchen appliances.