(MIDD) Middleby - Ratings and Ratios

Middleby Corporation is a leading global manufacturer and distributor of commercial kitchen equipment, serving the foodservice, food processing, and residential sectors. The companys diverse product portfolio includes a wide range of cooking, refrigeration, and food preparation equipment, as well as IoT solutions and controls development and manufacturing. With a strong presence in the industry, Middleby has established itself as a trusted brand, providing high-quality equipment to restaurants, food processors, and homeowners worldwide.

Middlebys business is segmented into three main categories: Commercial Foodservice Equipment, Food Processing Equipment, and Residential Kitchen Equipment. The Commercial Foodservice Equipment segment is the largest contributor to the companys revenue, driven by demand from restaurants, cafes, and other foodservice establishments. The Food Processing Equipment segment serves the food processing industry, providing equipment for large-scale food production. The Residential Kitchen Equipment segment caters to the residential market, offering high-end kitchen equipment to homeowners.

Analyzing the companys , we observe that the stock price is currently at $147.22, with a 20-day SMA of $147.70, indicating a stable short-term trend. The 50-day SMA is at $140.68, and the 200-day SMA is at $144.06, suggesting a positive long-term trend. The ATR is 3.77, representing a 2.56% daily volatility. Considering the , the companys market capitalization is approximately $7.9 billion, with a P/E ratio of 18.49 and a forward P/E of 14.60. The RoE is 12.08%, indicating a relatively stable return on equity.

Based on the analysis of and , our forecast suggests that Middleby Corporation is likely to experience a moderate increase in stock price in the near term, driven by the companys strong brand presence, diverse product portfolio, and stable financial performance. We predict that the stock price will reach $155 within the next 6-12 months, representing a potential upside of around 5%. However, this forecast is subject to various market and economic factors, and actual results may vary.