Modine Manufacturing Co. (NYSE: MOD) has a price-to-earnings ratio that is above its average at 45.37x. The stock has a 36-month beta value of 2.23. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MOD is 51.37M, and at present, short sellers hold a 7.50% of that float. On October 17, 2024, the average trading volume of MOD was 711.19K 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
The stock price of Modine Manufacturing Co. (NYSE: MOD) has surged by 3.51 when compared to previous closing price of 134.23, but the company has seen a 6.11% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-17 that Modine (MOD) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, MOD crossed above the 20-day moving average, suggesting a short-term bullish trend.
MOD’s Market Performance
Modine Manufacturing Co. (MOD) has experienced a 6.11% rise in stock performance for the past week, with a 18.81% rise in the past month, and a 29.65% rise in the past quarter. The volatility ratio for the week is 4.54%, and the volatility levels for the past 30 days are at 4.53% for MOD. The simple moving average for the last 20 days is 5.11% for MOD stock, with a simple moving average of 42.48% for the last 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 17.06% 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 -0.03% of loss for the given period.
Volatility was left at 4.53%, however, over the last 30 days, the volatility rate increased by 4.54%, as shares surge +9.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +46.88% upper at present.
During the last 5 trading sessions, MOD rose by +6.50%, which changed the moving average for the period of 200-days by +131.89% in comparison to the 20-day moving average, which settled at $132.21. In addition, Modine Manufacturing Co. saw 132.74% 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 3.16. 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
To sum up, Modine Manufacturing Co. (MOD) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
