Middleby: One of my favorites. Currently selling at 123.01. I just bought some at 122. Bought a bunch at 80. Been a good investment. 52 week low is 108. p?e is at 23.11. Cap is at 7b. Analysts are neutral to negative. Book per share is at 23 and thus p/b is at 5.3 Forward earnings is at 10ish. Book value growth is at 20ish. Return on equity is at 23%ish. Debt is at 27%. The market is kind of limp on this stock. Good insider ownership. They sell every once in a while. They acquire too. People need appliances. The food industry needs kitchen stuff. I suppose the problem is: can they keep growing.
Today, they just made deals to acquire 2 new companies. Their p/b is not great, and they are using the last of the cheap debt. I like this company. They are really pumping. I’m just gonna keep buying Middleby.