Watch for Middleby to Potentially Rebound After Falling 1.63% Yesterday
Comtex SmarTrend(R) - Fri Aug 26, 2:47PM CDT
Middleby (NASDAQ:MIDD) traded in a range yesterday that spanned from a low of $128.29 to a high of $131.19. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $129.55 on volume of 132,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MIDD: 126.84 (-1.31)
4 Hot Momentum Stocks in the Industrial Sector
Zacks Equity Research - Zacks Investment Research - Tue Aug 23, 7:32AM CDT
Momentum investing works for short-term investors who prefer to profit from either buying stocks during an uptrend in price movement or selling a stock during a downtrend.
MIDD: 126.84 (-1.31), HCCI: 13.46 (-0.35), ALRM: 27.63 (+0.20), LDR: 46.35 (-1.17)
Middleby (MIDD) Upgraded to Buy on Strong Growth Drivers
Zacks Equity Research - Zacks Investment Research - Fri Aug 19, 8:14AM CDT
On Aug 16, 2016, Zacks Investment Research upgraded Middleby Corp. (MIDD) to a Zacks Rank #2 (Buy) from a Zacks Rank #3 (Hold).
TNC: 63.97 (-0.76), MIDD: 126.84 (-1.31), GRC: 27.07 (-0.09), DXPE: 27.82 (-0.27)
This Week's Hidden Gems: (JCOM)(MIDD)
Tracey Ryniec - Zacks Investment Research - Thu Aug 18, 3:02PM CDT
Tracey Ryniec uncovers two top stocks that are flying under the radar.
JCOM: 67.45 (-0.72), MIDD: 126.84 (-1.31)
Company News for August 12, 2016
Zacks Equity Research - Zacks Investment Research - Fri Aug 12, 9:10AM CDT
Companies In The News are: BABA,MIDD,EAT,SHAK
SHAK: 35.46 (+0.16), MIDD: 126.84 (-1.31), EAT: 53.25 (-0.46), BABA: 97.65 (+0.46)
SmarTrend Watching for Potential Pullback in Shares of Middleby After 7.92% Gain
Comtex SmarTrend(R) - Thu Aug 11, 12:18PM CDT
Middleby (NASDAQ:MIDD) traded in a range yesterday that spanned from a low of $130.79 to a high of $140.98. Yesterday, the shares gained 7.9%, which took the trading range above the 3-day high of $123.45 on volume of 951,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MIDD: 126.84 (-1.31)
Middleby (MIDD) Q2 Earnings, Sales Beat Estimates; Up Y/Y
Zacks Equity Research - Zacks Investment Research - Thu Aug 11, 8:44AM CDT
Machinery company, The Middleby Corporation (MIDD), reported quarterly earnings of $1.35 cents per share comfortably surpassed the Zacks Consensus Estimate of $1.09.
TNC: 63.97 (-0.76), MIDD: 126.84 (-1.31), ITW: 118.07 (-0.78)
The Middleby Corporation Reports Second Quarter Results
BusinessWire - Wed Aug 10, 7:41PM CDT
The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing and residential kitchen industries, today reported net sales and earnings for the second quarter ended July 2, 2016. Net earnings for the second quarter were $72,891,000 or $1.28 per share on net sales of $580,456,000 as compared to the prior year second quarter net earnings of $54,267,000 or $0.95 per share on net sales of $436,291,000.
MIDD: 126.84 (-1.31)
Industrial Stocks' Aug 10 Earnings Preview: MIDD, ENS & More
Zacks Equity Research - Zacks Investment Research - Tue Aug 09, 6:58AM CDT
What's in Store for 3 Industrial Stocks, MIDD, ENS, SMED, for Apr-Jun '16 Quarter?
SMED: 4.56 (-0.01), MIDD: 126.84 (-1.31), ENS: 70.40 (+0.02)
The Middleby Corporation Schedules Second Quarter Earnings Release and Conference Call
BusinessWire - Mon Aug 08, 6:00PM CDT
The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2016 second quarter earnings on Wednesday, August 10 after the market closes. The company has scheduled a conference call to discuss the results at 11 a.m. eastern/10 a.m. central on Thursday, August 11. The call can be accessed by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 61236206#. The conference call is also accessible through the Investor Relations section of the company website at www.middleby.com.
MIDD: 126.84 (-1.31)
The Middleby Corporation Announces New Credit Facility
BusinessWire - Wed Aug 03, 4:00PM CDT
The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing today announced the company entered into a new five-year $2.5 billion multi-currency senior revolving credit agreement, with the potential under certain circumstances to increase to $3.0 billion. This facility replaces the company's pre-existing $1.25 billion senior revolving credit facility, which had an original maturity of August 2017. The new facility bears an interest rate of LIBOR plus a margin of 1.50%, which is adjusted quarterly based upon the company's leverage ratio. The new facility provides for availability to fund acquisitions and share repurchases so long as the company maintains certain financial ratios.
MIDD: 126.84 (-1.31)
Global Food Service Equipment Market Driven by Increasing Penetration of Hospitality Industry: Transparency Market Research
GlobeNewswire - Thu Jul 28, 8:30AM CDT
The major players in the global food service equipment market, according to Transparency Market Research, are Meiko, Ali Group, Fujimak Corporation, Hobart Corporation, Hoshizaki Electric Co. Ltd., Manitowoc Company Inc., Rational AG, Dover Corporation, Libbey Inc., Electrolux AB, Vollrath Co., Tupperware Brands Corporation, Duke Manufacturing Co. Inc., Cambro Manufacturing Company, Inc., Middleby Corporation, Alto Shaam Inc., and Dispensing Dynamics International inc.
LBY: 17.61 (-0.12), MIDD: 126.84 (-1.31), DOV: 71.75 (-0.75), MTW: 4.80 (-0.10)
Uptrend Call Working As Middleby Stock Rises 38.0% (MIDD)
Comtex SmarTrend(R) - Tue Jun 14, 12:40AM CDT
SmarTrend identified an Uptrend for Middleby (NASDAQ:MIDD) on February 22nd, 2016 at $89.08. In approximately 4 months, Middleby has returned 38.03% as of today's recent price of $122.96.
MIDD: 126.84 (-1.31)
Shares of MIDD Up 40.3% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Jun 06, 1:22PM CDT
SmarTrend identified an Uptrend for Middleby (NASDAQ:MIDD) on February 22nd, 2016 at $89.08. In approximately 4 months, Middleby has returned 40.33% as of today's recent price of $125.01.
MIDD: 126.84 (-1.31)
How Middleby Corp. (MIDD) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 7:42AM CDT
Middleby Corp. (MIDD) is an interesting choice for the investors as it is seeing solid estimate revisions and belongs to a great industry.
MIDD: 126.84 (-1.31)
Middleby Has Returned 39.2% Since SmarTrend Recommendation (MIDD)
Comtex SmarTrend(R) - Fri May 27, 1:09PM CDT
SmarTrend identified an Uptrend for Middleby (NASDAQ:MIDD) on February 22nd, 2016 at $89.08. In approximately 3 months, Middleby has returned 39.16% as of today's recent price of $123.97.
MIDD: 126.84 (-1.31)
Can Middleby (MIDD) Stock Continue to Grow Earnings?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 8:47AM CDT
Middleby (MIDD) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Growth perspective.
MIDD: 126.84 (-1.31)
33.5% Return Seen to Date on SmarTrend Middleby Call (MIDD)
Comtex SmarTrend(R) - Fri May 20, 12:43AM CDT
SmarTrend identified an Uptrend for Middleby (NASDAQ:MIDD) on February 22nd, 2016 at $89.08. In approximately 3 months, Middleby has returned 33.54% as of today's recent price of $118.96.
MIDD: 126.84 (-1.31)
The Middleby Corporation to Acquire Follett Corporation
BusinessWire - Wed May 18, 6:00AM CDT
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Follett Corporation, a leading manufacturer of ice machines, ice and water dispensing equipment, ice storage and transport products and medical grade refrigeration products for the foodservice and healthcare industries. The company, which is headquartered in Easton, Penn., has approximately $140 million in annual revenues.
MIDD: 126.84 (-1.31)