The price-to-earnings ratio for Modine Manufacturing Co. (NYSE: MOD) is above average at 32.68x. The 36-month beta value for MOD is also noteworthy at 2.27. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for MOD is 51.35M, and at present, short sellers hold a 5.76% of that float. The average trading volume of MOD on September 11, 2024 was 776.73K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
MOD) stock’s latest price update
Modine Manufacturing Co. (NYSE: MOD) has experienced a rise in its stock price by 5.80 compared to its previous closing price of 94.60. However, the company has seen a fall of -5.85% in its stock price over the last five trading days. prnewswire.com reported 2024-09-09 that RACINE, Wis. , Sept. 9, 2024 /PRNewswire/ — Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that it has committed to the United Nations (UN) Global Compact, the world’s largest voluntary corporate sustainability initiative.
MOD’s Market Performance
Modine Manufacturing Co. (MOD) has seen a -5.85% fall in stock performance for the week, with a -0.97% decline in the past month and a 8.22% surge in the past quarter. The volatility ratio for the week is 5.10%, and the volatility levels for the past 30 days are at 4.44% for MOD. . The simple moving average for the past 20 days is -8.42% for MOD’s stock, with a 14.12% simple moving average for the past 200 days.
Analysts’ Opinion of MOD
Many brokerage firms have already submitted their reports for MOD stocks, with B. Riley Securities repeating the rating for MOD by listing it as a “Buy.” The predicted price for MOD in the upcoming period, according to B. Riley Securities is $140 based on the research report published on August 01, 2024 of the current year 2024.
Oppenheimer gave a rating of “Outperform” to MOD, setting the target price at $105 in the report published on March 19th of the current year.
MOD Trading at -6.52% from the 50-Day Moving Average
After a stumble in the market that brought MOD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.23% of loss for the given period.
Volatility was left at 4.44%, however, over the last 30 days, the volatility rate increased by 5.10%, as shares sank -4.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.10% lower at present.
During the last 5 trading sessions, MOD fell by -6.40%, which changed the moving average for the period of 200-days by +92.83% in comparison to the 20-day moving average, which settled at $109.05. In addition, Modine Manufacturing Co. saw 67.65% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MOD starting from WILLIAMS MARSHA C, who sale 34,400 shares at the price of $109.74 back on Aug 15 ’24. After this action, WILLIAMS MARSHA C now owns 144,038 shares of Modine Manufacturing Co., valued at $3,775,072 using the latest closing price.
WILLIAMS MARSHA C, the Director of Modine Manufacturing Co., proposed sale 34,400 shares at $110.00 during a trade that took place back on Aug 15 ’24, which means that WILLIAMS MARSHA C is holding shares at $3,784,000 based on the most recent closing price.
Stock Fundamentals for MOD
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.23 for the gross margin
The net margin for Modine Manufacturing Co. stands at 0.07. The total capital return value is set at 0.2. Equity return is now at value 23.00, with 9.44 for asset returns.
Based on Modine Manufacturing Co. (MOD), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.47. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is 10.39.
Currently, EBITDA for the company is 309.4 million with net debt to EBITDA at 1.39. When we switch over and look at the enterprise to sales, we see a ratio of 2.37. The receivables turnover for the company is 5.45for trailing twelve months and the total asset turnover is 1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.
Conclusion
In summary, Modine Manufacturing Co. (MOD) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
