|Company name||Middleby Corp|
|Live stock price||[stckqut]MIDD[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Fair|
|Target stock price (TWCA growth scenario)||$76.31|
|Target stock price (averages with growth)||$86.09|
|Target stock price (averages with no growth)||$80.24|
|Target stock price (manual assumptions)||$90.57|
The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/midd
The Middleby Corporation (Middleby), incorporated on March 12, 1985, 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 is also engaged in the design, manufacture, marketing, distribution and service of a range of foodservice equipment used in commercial restaurants and institutional kitchens; food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and kitchen equipment, including ranges, ovens, refrigerators, ventilation and dishwashers used in the residential market. The Company's subsidiary is Middleby Marshall Inc. The Company manufactured and assembled the equipment at 28 facilities in the United States, and 23 international manufacturing facilities as of December 31, 2016.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Middleby Corp as long as the price is correct and the indicators that I describe in my book The Confident Investor are favorable. Most of the fundamentals of this company are good but there are some concerns.
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