| Company name | Middleby Corp |
| Stock ticker | MIDD |
| Live stock price | [stckqut]MIDD[/stckqut] |
| P/E compared to competitors | Good |
MANAGEMENT EXECUTION
| Employee productivity | Poor |
| Sales growth | Good |
| EPS growth | Good |
| P/E growth | Fair |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Good |
| Target stock price (TWCA growth scenario) | $169.65 |
| Target stock price (averages with growth) | $197.25 |
| Target stock price (averages with no growth) | $95.51 |
| Target stock price (manual assumptions) | $165.68 |
The following company description is from Google Finance: http://www.google.com/finance?q=midd
The Middleby Corporation (Middleby) is engaged in the design, manufacture and sale of commercial foodservice, food processing equipment and residential kitchen equipment. The Company operates in three segments: the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The Company’s Commercial Foodservice Equipment Group segment has a portfolio of cooking and warming equipment, which serves cooking or warming application within a commercial kitchen or foodservice operation. The Company’s Food Processing Equipment Group segment offers a range of processing solutions for customers producing pre-cooked meat products, such as hot dogs, dinner sausages, poultry and lunchmeats and baked goods, such as muffins, cookies and bread. The Company’s Residential Kitchen Equipment Group segment manufactures, sells and distributes kitchen equipment for the residential market. The Company’s subsidiary is Middleby Marshall Inc.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Middleby Corp.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of Middleby Corp calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $127.01
- Growth: 0.16
- Current EPS (TTM): $3.97
- P/E: 32
- Future EPS Calc: $8.33
- Future Stock Price Calc: $266.82
- Target stock price: $165.67
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I hope that this makes you a Confident Investor.