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Article: Middleby Corporation - Value - Zacks Rank Buy
- Article from:
- Zacks Investment Research - Value - Zacks Rank Buy
- Article date:
- July 16, 2009
- Author:
CopyrightCopyright 2009 Zacks Investment Research. (Hide copyright information)
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Middleby Corporation - Value - Zacks Rank Buy
Middleby Corporation
(
MIDD
), which makes equipment for commercial food processing, has surprised on estimates 3 out of the last 4 quarters by an average of 20.96%. The company has a PEG ratio of just 0.63.
Company Description
Middleby Corporation manufactures equipment used for commercial food cooking, preparation and processing such as batch ovens, fryers, and food warmers. It also makes the Wow! Conveyor Oven.
The company's brands for the commercial foodservice industry include Anets, Blodgett, Bloomfield, CookTek and others. The company also provides a number of brands to the food processing industry including Alkar, ...