How These Machinery Stocks are Faring? -- Rockwell Automation, Colfax, Manitowoc Foodservice, and Donaldson
NEW YORK, December 27, 2016 /PRNewswire/ --
Stock-Callers.com today presents four Diversified Machinery equities for review which are: Rockwell Automation Inc. (NYSE: ROK), Colfax Corp. (NYSE: CFX), Manitowoc Foodservice Inc. (NYSE: MFS), and Donaldson Co. Inc. (NYSE: DCI). These companies are primarily focused on the manufacture and sale of industrial machinery products to other businesses. They also offer below-average dividend yields that are similar to most categories in the Industrial Goods sector. Register now and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration
Rockwell Automation
Last Friday, shares in Milwaukee, Wisconsin headquartered Rockwell Automation Inc. ended the session 0.32% higher at $136.01. The stock recorded a trading volume of 385,989 shares. The Company's shares have advanced 3.15% in the last one month, 19.42% in the previous three months, and 36.07% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.14% and 15.62%, respectively. Furthermore, shares of Rockwell Automation, which provides industrial automation and information solutions worldwide, have a Relative Strength Index (RSI) of 59.43.
On December 13th, 2016, Rockwell Automation named Rebecca (Becky) W. House Senior Vice President, General Counsel and Secretary, effective January 3rd, 2017. She will report to Blake D. Moret, President and CEO. Ms. House succeeds Douglas M. Hagerman, who is retiring after 12 years in the role. Access our complete research report on ROK for free at:
http://stock-callers.com/registration/?symbol=ROK
Colfax
Annapolis Junction, Maryland headquartered Colfax Corp.'s stock finished 0.08% higher at $36.36 with a total trading volume of 269,467 shares. The Company's shares have gained 24.48% in the previous three months and 55.72% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.45% and 19.69%, respectively. Moreover, shares of Colfax, which provides gas and fluid-handling, and fabrication technology products and services worldwide, have an RSI of 49.50. The complimentary research report on CFX can be downloaded at:
http://stock-callers.com/registration/?symbol=CFX
Manitowoc Foodservice
Shares in New Port Richey, Florida headquartered Manitowoc Foodservice Inc. closed the day 0.06% lower at $18.00. The stock recorded a trading volume of 441,368 shares. The Company's shares have gained 1.18% in the last month, 9.16% over the previous three months, and 21.62% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.51% and 9.06%, respectively. Moreover, shares of Manitowoc Foodservice, which designs, manufactures, and services hot and cold category commercial foodservice equipment worldwide, have an RSI of 65.33.
On December 19th, 2016, Manitowoc Foodservice announced that Maurice D. Jones, Senior Vice President, General Counsel, and Secretary, will be retiring on January 02nd, 2017. Jones, 56, elected to join Manitowoc Foodservice earlier this year as it was spun off from The Manitowoc Co., Inc., where he previously was their Senior Vice President, General Counsel, and Secretary since 1999. As part of the Company's succession planning process, Joel H. Horn will be promoted to Senior Vice President, General Counsel, and Secretary effective January 2nd, 2017. Register for free on Stock-Callers.com and get access to the latest PDF format report on MFS at:
http://stock-callers.com/registration/?symbol=MFS
Donaldson
Minneapolis, Minnesota-based Donaldson Co. Inc.'s shares recorded a trading volume of 235,810 shares last Friday. The stock closed 0.09% lower at $42.78. The Company's shares have advanced 5.86% in the past month, 16.33% in the previous three months, and 52.19% on an YTD basis. The stock is trading 7.56% above its 50-day moving average and 19.66% above its 200-day moving average. Additionally, shares of Donaldson, which manufactures and sells filtration systems and replacement parts worldwide, have an RSI of 56.84.
On December 1st, 2016, Donaldson announced Q1 FY17 net earnings of $58.0 million, or $0.43 per share, compared to $38.5 million, or $0.29 per share, in Q1 FY16. The Company's Q1 FY17 sales increased 2.8% to $553.0 million from $538.0 million in Q1 FY16, including a benefit from currency translation of approximately 0.3%. Donaldson's Q1 FY17 operating margin increased to 13.8% from 10.3% in Q1 FY16.
On December 2nd, 2016, research firm CL King downgraded the Company's stock rating from 'Buy' to 'Neutral'. Download your free research report on DCI at:
http://stock-callers.com/registration/?symbol=DCI
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