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Upturn AI SWOT - About
MIDD 
Middleby Corp (MIDD)
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Upturn Advisory Summary
08/14/2025: 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 $150.14
1 Year Target Price $150.14
| 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 08/14/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.72B USD | Price to earnings Ratio 16.85 | 1Y Target Price 150.14 |
Price to earnings Ratio 16.85 | 1Y Target Price 150.14 | ||
Volume (30-day avg) 9 | Beta 1.59 | 52 Weeks Range 118.09 - 182.73 | Updated Date 08/15/2025 |
52 Weeks Range 118.09 - 182.73 | Updated Date 08/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 7.87 |
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 2025-07-30 | When Before Market | Estimate 2.32 | Actual 2.35 |
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 16.85 | Forward PE 15.04 | Enterprise Value 8694684672 | Price to Sales(TTM) 1.75 |
Enterprise Value 8694684672 | Price to Sales(TTM) 1.75 | ||
Enterprise Value to Revenue 2.26 | Enterprise Value to EBITDA 11.3 | Shares Outstanding 50682400 | Shares Floating 38492259 |
Shares Outstanding 50682400 | Shares Floating 38492259 | ||
Percent Insiders 2.02 | Percent Institutions 113.01 |
Upturn AI SWOT
Middleby Corp
Company Overview
History and Background
Middleby Corp. was founded in 1888. Initially focused on bakery equipment, it evolved through acquisitions to become a global leader in commercial, residential, and food processing equipment.
Core Business Areas
- Commercial Foodservice Equipment Group: Develops, manufactures, and services a broad line of cooking, warming, holding, chilling, and serving equipment for commercial and institutional kitchens worldwide.
- Food Processing Equipment Group: Designs, manufactures, and services automated production systems for the food processing industry, including baking, meat processing, and packaging.
- Residential Kitchen Equipment Group: Manufactures and distributes premium residential kitchen appliances, including cooking, refrigeration, and ventilation products.
Leadership and Structure
The leadership team consists of Tim FitzGerald (CEO). The organizational structure is based on the three core business areas, each with dedicated management and operational teams.
Top Products and Market Share
Key Offerings
- TurboChef Ovens: High-speed cooking ovens used in restaurants and foodservice establishments. Competitors include Henny Penny, Rational AG. Market share data isn't easily segmented by individual product, but TurboChef is a leading brand in its niche.
- Viking Range: High-end residential kitchen appliances. Competitors include Sub-Zero, Wolf, and Thermador. Again, individual product market share is not directly available, but Viking is a prominent brand in premium residential appliances.
- Middleby Bakery: Automated bakery production systems. Competitors include AMF Bakery Systems. Middleby is a significant player but specific market share percentages are not readily obtainable due to the bespoke nature of the equipment.
Market Dynamics
Industry Overview
The foodservice equipment industry is driven by restaurant growth, technological advancements, and demand for efficient, energy-saving solutions. The food processing equipment industry is fueled by automation trends, food safety regulations, and the need for increased production efficiency. The residential appliance market is influenced by consumer spending, housing market trends, and demand for high-end, innovative products.
Positioning
Middleby Corp is a leading player due to its broad product portfolio, strong brands, and global distribution network. Its competitive advantages include innovation, customer service, and acquisition strategy.
Total Addressable Market (TAM)
The TAM for Middleby's addressable markets, encompassing commercial foodservice, food processing, and residential kitchen equipment, is estimated to be in the tens of billions of USD annually. Middleby is well-positioned to capture a significant share of this TAM through innovation and acquisitions.
Upturn SWOT Analysis
Strengths
- Diversified product portfolio
- Strong brands
- Global distribution network
- Successful acquisition strategy
- Innovative technology
Weaknesses
- Integration challenges following acquisitions
- Exposure to cyclical industries
- Dependence on economic conditions
- High debt levels due to aggressive acquisition strategy.
Opportunities
- Expanding into emerging markets
- Developing new technologies
- Acquiring complementary businesses
- Increased demand for automation in food processing.
Threats
- Economic downturns
- Increased competition
- Fluctuations in raw material prices
- Changing consumer preferences
Competitors and Market Share
Key Competitors
- ITW
- STANDEX
- WELB
Competitive Landscape
Middleby Corp has advantages in its acquisition strategies and a broad portfolio. Competitors may specialize and compete in specific segments.
Major Acquisitions
Welbilt Inc.
- Year: 2022
- Acquisition Price (USD millions): 2.9
- Strategic Rationale: Expanded Middleby's commercial foodservice equipment portfolio and geographic reach, creating a more comprehensive solution for customers.
Growth Trajectory and Initiatives
Historical Growth: Middleby has grown significantly through acquisitions and organic growth, particularly in the commercial foodservice equipment sector.
Future Projections: Analysts project continued growth, driven by acquisitions, product innovation, and expansion into new markets. Expected growth rates vary depending on economic conditions but usually aim for above-industry averages.
Recent Initiatives: Recent strategic initiatives include acquisitions of complementary businesses, investments in new technologies, and expansion into emerging markets.
Summary
Middleby Corp. is a strong player in the foodservice and processing equipment industry, benefiting from a diversified portfolio and strategic acquisitions. Its financial performance has been positive, driven by organic growth and strategic acquisitions. However, the company needs to manage integration risks associated with acquisitions and watch out for economic downturns that may affect its key sectors. Continued innovation and market expansion are crucial for sustained growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Industry Reports (e.g., IBISWorld)
- Analyst Reports (e.g., Yahoo Finance)
- Company Website
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share data is often estimated and may not be precise. Financial data is illustrative and based on past performance, which is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
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 & Director Mr. Timothy J. FitzGerald CPA | ||
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. It operates through three segments Commercial Foodservice Equipment Group, Food Processing Equipment Group, and Residential Kitchen Equipment. 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
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