The Latest Breaking News from Middleby

Insider buys are rising for these three stocks. That includes UnitedHealth Group, whose new CEO with a history of generating returns spent millions on shares.

A Relative Strength Rating upgrade for Middleby shows improving technical performance. Will it continue?

Middleby Corp (NASDAQ:MIDD) has acquired Icetro, a maker of ice, soft serve, and slush machines used worldwide in commercial food service. Deal terms were not disclosed. Icetro has annual sales of ~$40 million and is headquartered in South Korea, with U.S. operations based in Anaheim, California. The acquisition furthers MIDD's Asian manufacturing…

Shares of Middleby Corporation (MIDD) have tumbled in price over the past few months as inflation and supply-chain bottlenecks weigh heavily on its performance. However, given the rising preference for automated cooking systems, beverage systems, and ventless products in the commercial food service sector, would it be worth adding the…

Over the past 3 months, 6 analysts have published their opinion on The Middleby (NASDAQ:MIDD) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

  The Middleby (NASDAQ:MIDD) reported its Q1 earnings results on Tuesday, May 10, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

  Companies Reporting Before The Bell • The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.

Within the last quarter, The Middleby (NASDAQ:MIDD) has observed the following analyst ratings:

Middleby Corp (NASDAQ:MIDD) price target was lowered to $190 (an upside of 19%) from $215 by Citi analyst Timothy Thein. Meanwhile, the analyst maintained the Buy rating on the shares. Thein reduced Middleby's first half of 2022 margin view citing raw material and supply chain/logistics cost inflation that shows minor reduction signs. As…