Steven Spittle - Middleby Corp Chief Officer

MIDD Stock  USD 143.39  1.64  1.16%   

Insider

Steven Spittle is Chief Officer of Middleby Corp
Age 43
Address 1400 Toastmaster Drive, Elgin, IL, United States, 60120
Phone847 741 3300
Webhttps://www.middleby.com

Middleby Corp Management Efficiency

The company has return on total asset (ROA) of 0.0623 % which means that it generated a profit of $0.0623 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1174 %, meaning that it created $0.1174 on every $100 dollars invested by stockholders. Middleby Corp's management efficiency ratios could be used to measure how well Middleby Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.20, whereas Return On Tangible Assets are forecasted to decline to 0.10. At present, Middleby Corp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 98 M, whereas Net Tangible Assets are projected to grow to (1.2 B).
Middleby Corp currently holds 2.54 B in liabilities with Debt to Equity (D/E) ratio of 1.12, which is about average as compared to similar companies. Middleby Corp has a current ratio of 1.94, which is within standard range for the sector. Note, when we think about Middleby Corp's use of debt, we should always consider it together with its cash and equity.

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The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. The company was founded in 1888 and is based in Elgin, Illinois. Middleby Corp operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 10624 people. Middleby Corp (MIDD) is traded on NASDAQ Exchange in USA. It is located in 1400 Toastmaster Drive, Elgin, IL, United States, 60120 and employs 10,722 people. Middleby Corp is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Middleby Corp Leadership Team

Elected by the shareholders, the Middleby Corp's board of directors comprises two types of representatives: Middleby Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Middleby. The board's role is to monitor Middleby Corp's management team and ensure that shareholders' interests are well served. Middleby Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Middleby Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Abi, Doyon CarterHoffmann
Timothy FitzGerald, CFO, Principal Accounting Officer, VP, CFO of Middleby Marshall Inc and VP of Middleby Marshall Inc
Darcy Bretz, Director Communications
Ousama Sidani, VP AS
Brittany Cerwin, Chief Officer
Selim Bassoul, Chairman, CEO and President Chairman of Middleby Marshall Inc, CEO of Middleby Marshall Inc and President of Middleby Marshall Inc
George Koether, Group Asia
Bryan CPA, Chief Officer
Bryan Mittelman, Chief Accounting Officer
Steven Spittle, Chief Officer
Timothy CPA, CEO Director
Matthew Fuchsen, Chief Officer
James III, Chief Officer
Partha Biswas, Division Officer
Magdy Albert, President Group
Michael Thompson, General Secretary
Martin Lindsay, Corporate Treasurer, Assistant Secretary and Corporate Treasurer of Middleby Marshall Inc

Middleby Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Middleby Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Middleby Corp is a strong investment it is important to analyze Middleby Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Middleby Corp's future performance. For an informed investment choice regarding Middleby Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middleby Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Middleby Stock refer to our How to Trade Middleby Stock guide.
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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Middleby Corp. If investors know Middleby will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Middleby Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.05
Earnings Share
7.26
Revenue Per Share
72.067
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0623
The market value of Middleby Corp is measured differently than its book value, which is the value of Middleby that is recorded on the company's balance sheet. Investors also form their own opinion of Middleby Corp's value that differs from its market value or its book value, called intrinsic value, which is Middleby Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Middleby Corp's market value can be influenced by many factors that don't directly affect Middleby Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Middleby Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Middleby Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Middleby Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.