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Upturn AI SWOT - About
MIDD 
Middleby Corp (MIDD)
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Upturn Advisory Summary
10/15/2025: MIDD (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $157.12
1 Year Target Price $157.12
| 4 | Strong Buy |
| 1 | Buy |
| 3 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -19.8% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.79B USD | Price to earnings Ratio 16.97 | 1Y Target Price 157.12 |
Price to earnings Ratio 16.97 | 1Y Target Price 157.12 | ||
Volume (30-day avg) 9 | Beta 1.53 | 52 Weeks Range 118.09 - 182.73 | Updated Date 10/17/2025 |
52 Weeks Range 118.09 - 182.73 | Updated Date 10/17/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 7.86 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 11.06% | Operating Margin (TTM) 16.29% |
Management Effectiveness
Return on Assets (TTM) 6.05% | Return on Equity (TTM) 12.06% |
Valuation
Trailing PE 16.97 | Forward PE 14.68 | Enterprise Value 8886770915 | Price to Sales(TTM) 1.77 |
Enterprise Value 8886770915 | Price to Sales(TTM) 1.77 | ||
Enterprise Value to Revenue 2.31 | Enterprise Value to EBITDA 11.55 | Shares Outstanding 50682386 | Shares Floating 38739082 |
Shares Outstanding 50682386 | Shares Floating 38739082 | ||
Percent Insiders 2.02 | Percent Institutions 112.45 |
Upturn AI SWOT
Middleby Corp
Company Overview
History and Background
Middleby Corp. was founded in 1888. Originally focused on manufacturing ovens for bakeries, it has grown through acquisitions and innovation to become a global leader in commercial and residential cooking and industrial processing equipment.
Core Business Areas
- Commercial Foodservice: Designs, manufactures, and services a broad line of cooking, preparation, and warming equipment for restaurants, institutional kitchens, and other foodservice establishments. Focuses on innovative and energy-efficient solutions.
- Food Processing: Provides processing solutions for the food production industry, including equipment for cooking, cooling, packaging, and other processes. Serves a diverse range of food manufacturers.
- Residential Kitchen Equipment: Manufactures and distributes premium residential kitchen appliances, including cooking, refrigeration, and ventilation products, catering to high-end consumers.
Leadership and Structure
Tim FitzGerald is the CEO. The company operates with a decentralized structure, allowing for autonomy within its various brands and divisions. The company utilizes a management team that consists of a VP of operations, CFO, HR and multiple product segment managers.
Top Products and Market Share
Key Offerings
- Market Share: Unknown
- TurboChef Ovens: High-speed cooking ovens used in restaurants and foodservice establishments. Middleby is a leader in this market. Competitors include Merrychef (Welbilt) and Ovention.
- Market Share: Unknown
- Viking Range: High-end residential kitchen appliances, including ranges, refrigerators, and dishwashers. Middleby acquired Viking in 2013. Competitors include Sub-Zero, Wolf, and Thermador.
- Market Share: Unknown
- Processing Equipment: Industrial food processing equipment for meat, poultry, and other food manufacturers. Competitors include JBT Corporation and Marel.
Market Dynamics
Industry Overview
The foodservice and food processing equipment industries are characterized by technological innovation, increasing demand for energy efficiency, and growing focus on automation. The residential kitchen appliance market is driven by consumer spending and demand for high-end features.
Positioning
Middleby Corp. is positioned as a leading provider of innovative and high-quality equipment in its respective markets. Its competitive advantages include its broad product portfolio, strong brand recognition, and extensive distribution network.
Total Addressable Market (TAM)
The total addressable market (TAM) for Middleby's core segments is estimated to be substantial, encompassing billions of dollars globally. Middleby captures a significant share of this market through its diverse product offerings and strategic acquisitions.
Upturn SWOT Analysis
Strengths
- Diverse Product Portfolio
- Strong Brand Recognition
- Extensive Distribution Network
- History of Acquisitions
- Technological Innovation
Weaknesses
- Dependence on Acquisitions for Growth
- Exposure to Economic Cycles
- Integration Risks from Acquisitions
- High Debt Levels
Opportunities
- Expansion into Emerging Markets
- Development of New Technologies
- Increased Demand for Automation
- Growing Focus on Sustainability
- Strategic Partnerships
Threats
- Intense Competition
- Fluctuations in Raw Material Prices
- Changes in Consumer Preferences
- Economic Downturns
- Supply Chain Disruptions
Competitors and Market Share
Key Competitors
- WELB
- ITW
- JBT
Competitive Landscape
Middleby benefits from a diversified product portfolio and strategic acquisitions. However, it faces competition from larger, more established players such as Illinois Tool Works (ITW). Middleby focuses on innovation and specialized solutions to differentiate itself.
Major Acquisitions
L2F
- Year: 2023
- Acquisition Price (USD millions): 110
- Strategic Rationale: L2F expands Middleby's portfolio of food processing solutions.
Esko
- Year: 2021
- Acquisition Price (USD millions): 40
- Strategic Rationale: Esko expands Middleby's portfolio of food processing solutions for beverage companies and others.
Growth Trajectory and Initiatives
Historical Growth: Middleby has experienced significant growth through acquisitions and organic expansion. The growth rate has varied depending on economic conditions and acquisition activity.
Future Projections: Analyst projections for Middleby's future growth vary but generally indicate continued expansion driven by demand for its products and ongoing acquisitions.
Recent Initiatives: Recent strategic initiatives include acquisitions, product development efforts, and expansion into new markets.
Summary
Middleby is a leading manufacturer of commercial, residential and food processing equipment. Growth has been driven by strategic acquisitions and the development of innovative products. High debt levels and economic cycles pose potential challenges, and it should focus on organic growth and integration efficiency. Despite these challenges, Middleby's strong market position and diversified portfolio support future growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (e.g., 10-K, 10-Q)
- Analyst Reports
- Industry Publications
- Company Website
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change. Any investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Middleby Corp
Exchange NASDAQ | Headquaters Elgin, IL, United States | ||
IPO Launch date 1992-03-17 | CEO - | ||
Sector Industrials | Industry Specialty Industrial Machinery | Full time employees 10616 | Website https://www.middleby.com |
Full time employees 10616 | Website https://www.middleby.com | ||
The Middleby Corporation designs, manufactures, markets, distributes, and services commercial restaurant, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers and refrigerators, stainless steel fabrication, custom millwork, blast chillers, coldrooms, ice machines, and frozen dessert equipment; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispenser, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing. The Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, suspension, filling and depositing solution, and forming equipment; and automated washing systems, auto guided vehicles, food safety, handling, freezing, and defrosting and packaging equipment. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, cooktops, microwaves, ovens, refrigerators, dishwashers, undercounter refrigeration, wine cellars, ice machines, beer dispensers, mixers, rotisseries, and ventilation and outdoor cooking equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The Middleby Corporation was founded in 1888 and is based in Elgin, Illinois.
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