Analyzing the Price-to-Earnings Ratio of Modine Manufacturing Co. (MOD)

The price-to-earnings ratio for Modine Manufacturing Co. (NYSE: MOD) is above average at 40.69x. The 36-month beta value for MOD is also noteworthy at 2.23. 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 51.37M, and at present, short sellers hold a 7.50% of that float. The average trading volume of MOD on October 25, 2024 was 701.97K shares.

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MOD) stock’s latest price update

Modine Manufacturing Co. (NYSE: MOD)’s stock price has dropped by -2.86 in relation to previous closing price of 128.28. Nevertheless, the company has seen a loss of -8.06% in its stock price over the last five trading days. prnewswire.com reported 2024-10-24 that Art Laszlo appointed Group Vice President to lead Modine’s global Data Centers business RACINE, Wis., Oct. 24, 2024 /PRNewswire/ — Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced the official opening of its 14.6 acre Bradford, UK, site acquired earlier this year.

MOD’s Market Performance

Modine Manufacturing Co. (MOD) has seen a -8.06% fall in stock performance for the week, with a -6.81% decline in the past month and a 19.64% surge in the past quarter. The volatility ratio for the week is 4.05%, and the volatility levels for the past 30 days are at 4.22% for MOD. The simple moving average for the last 20 days is -5.30% for MOD’s stock, with a simple moving average of 25.56% 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 2.74% 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 -12.07% of loss for the given period.

Volatility was left at 4.22%, however, over the last 30 days, the volatility rate increased by 4.05%, as shares sank -4.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.69% upper at present.

During the last 5 trading sessions, MOD fell by -8.06%, which changed the moving average for the period of 200-days by +104.95% in comparison to the 20-day moving average, which settled at $131.59. In addition, Modine Manufacturing Co. saw 108.73% 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 2.86. 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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