NEW YORK, July 27, 2016 /PRNewswire/ --
Stock-Callers.com shifted its focus today to four Diversified Machinery equities, namely: Flowserve Corp. (NYSE: FLS), Colfax Corp. (NYSE: CFX), Manitowoc Foodservice Inc. (NYSE: MFS), and Roper Technologies Inc. (NYSE: ROP). These stocks belong to the Industrial Goods sector, which includes companies engaged in the production of goods used in manufacturing and construction. Learn more about these stocks by accessing their freenotes at:
Irving, Texasheadquartered Flowserve Corp.'s stock finished Tuesday's session at $48.60, climbing 2.62%. A total volume of 915,978 shares was traded. Over the last month and the previous three months, the Company's shares have advanced 6.81% and 4.04%, respectively. Additionally, the stock has gained 16.41% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 2.09% and 10.30%, respectively. Moreover, shares of Flowserve, which designs, manufactures, distributes, and services industrial flow management equipment worldwide, have a Relative Strength Index (RSI) of 57.02.
On July 11th, 2016, Flowserve announced that its Flowserve SIHI heritage brand was recently awarded the prestigious Technical Innovation of the Year Award by the Pump Industry Awards. See our complete notes on FLS at:
Shares in Annapolis Junction, Maryland headquartered Colfax Corp. ended yesterday's session 4.01% higher at $29.57 and with a total volume of 489,395 shares traded. The stock has gained 9.97% in the past month and 26.64% on an YTD basis. The Company's shares are trading 7.30% above their 50-day moving average and 10.99% above their 200-day moving average. Moreover, shares of Colfax, which provides gas and fluidhandling, and fabrication technology products and services worldwide, have an RSI of 61.12.
On July 19th, 2016, Colfax announced that it will issue a press release providing financial results for the second quarter of 2016 at approximately 6:00 a.m. Eastern Daylight Time (EDT) on July 28th, 2016. The Company will hold a conference call to discuss these results beginning at 8:00 a.m EDT on the same day. CFX free notes are just a click away at:
On Tuesday, Manitowoc Foodservice Inc.'s stock rose 2.14%, to close the day at $18.16. A total volume of 479,570 shares was traded. The Company's shares have advanced 6.76% in the last one month, 16.63% in the previous three months, and 22.70% on an YTD basis. The stock is trading 7.59% and 13.71% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Manitowoc Foodservice, which designs, manufactures and services an integrated portfolio of hot and cold category products, have an RSI of 61.20.
On July 19th, 2016, Manitowoc Foodservice announced that it will host a live conference call to discuss its 2016 second quarter earnings on August 11th at 10:00 am ET. The company will issue a pre-market earnings announcement the same day. Sign up for your complimentary notes on MFS at:
Shares in Sarasota, Florida-based Roper Technologies Inc. ended the day 1.31% higher at $165.47. A total volume of 1.39 million shares was traded, which was above their three months average volume of 645,380 shares. The stock is trading below its 50-day moving average by 3.45%. Furthermore, shares of Roper Technologies, which designs and develops license and software-as-a-service software, and engineered products and solutions, have an RSI of 41.71.
On July 25th, 2016, Roper Technologies reported financial results for the second quarter ended June 30th, 2016. The company reported that its second quarter GAAP revenue increased 5% to $932 million and adjusted revenue grew 5% to $934 million. GAAP diluted earnings per share (DEPS) were $1.54 and adjusted DEPS were $1.56. Orders increased 9% in the quarter to $956 million, and backlog was a record $1.14 billion.GAAP gross margin increased to 60.9% and adjusted gross margin increased 90 basis points to 61.0 %. EBITDA increased 4% to $314 million.
On July 26th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating with a decrease of the target price to $196 a share from $205 a share for the Company's stock. Register for free on Stock-Callers.com and access the latest notes on ROP at:
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