Why Are Analysts Bullish on The Middleby Corporation (MIDD) Now? [Yahoo! Finance]
The Middleby Corporation (MIDD)
Last the middleby corporation earnings: 2/26 07:00 am
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Source: Yahoo! Finance
The Middleby Corporation (NASDAQ:MIDD) stands against the other manufacturing stocks. 2024 is seeing a momentous shift in global manufacturing trends that have cemented themselves over the past three decades. After China opened its economy in 1978, its sizeable population coupled with low living standards that resulted in lower wages attracted Western firms to its shores. Fast forward to 2024 and the biggest Western companies all rely on Chinese firms for their mass production needs and the disputed region of Taiwan houses the world's biggest contract chip manufacturer. However, now, these trends are reversing. Prior to and leading to the coronavirus pandemic, China's share of global manufacturing rose to 31% in 2021 from 26% in 2017, and during the same time period, the Chinese share of the world's manufactured exports jumped to 21% from 17%. These trends came as global manufacturing dropped because of the pandemic, but their reversal started in 2023 when data from the first quar
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MIDD
News
- Do You Believe in the Growth Prospects of Middleby Corporation (MIDD)? [Yahoo! Finance]Yahoo! Finance
- Is The Middleby Corporation (MIDD) the Most Undervalued Industrial Stock to Buy According to Analysts? [Yahoo! Finance]Yahoo! Finance
- Middleby Acquires Emery Thompson Frozen Dessert Equipment CompanyBusiness Wire
- Meat Processing Equipment Market to Reach $13.6 Billion, Globally, by 2034 at 7.4% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- The Middleby Co. (NASDAQ: MIDD) had its "buy" rating re-affirmed by analysts at Canaccord Genuity Group Inc.. They now have a $164.00 price target on the stock.MarketBeat
MIDD
Earnings
- 8/1/24 - Beat
MIDD
Sec Filings
- 8/16/24 - Form 4
- 8/8/24 - Form 10-Q
- 8/1/24 - Form 8-K
- MIDD's page on the SEC website