In the past week, MOD stock has gone down by -8.70%, with a monthly decline of -8.18% and a quarterly surge of 4.70%. The volatility ratio for the week is 3.84%, and the volatility levels for the last 30 days are 3.99% for Modine Manufacturing Co. The simple moving average for the last 20 days is -10.38% for MOD stock, with a simple moving average of 16.53% for the last 200 days.
Is It Worth Investing in Modine Manufacturing Co. (NYSE: MOD) Right Now?
Modine Manufacturing Co. (NYSE: MOD) has a price-to-earnings ratio that is above its average at 38.24x. 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.”
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The public float for MOD is 51.37M, and at present, short sellers hold a 7.19% of that float. On October 30, 2024, the average trading volume of MOD was 676.95K shares.
MOD) stock’s latest price update
Modine Manufacturing Co. (NYSE: MOD)’s stock price has plunge by -10.12relation to previous closing price of 130.31. Nevertheless, the company has seen a -8.70% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-10-29 that Although the revenue and EPS for Modine (MOD) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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 -4.51% 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 -17.36% of loss for the given period.
Volatility was left at 3.99%, however, over the last 30 days, the volatility rate increased by 3.84%, as shares sank -12.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.21% upper at present.
During the last 5 trading sessions, MOD fell by -10.48%, which changed the moving average for the period of 200-days by +77.37% in comparison to the 20-day moving average, which settled at $130.56. In addition, Modine Manufacturing Co. saw 96.18% 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
- 0.24 for the gross margin
The net margin for Modine Manufacturing Co. stands at 0.1. 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 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.5. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is -96.82.
Currently, EBITDA for the company is 309.4 million with net debt to EBITDA at 1.2. When we switch over and look at the enterprise to sales, we see a ratio of 2.64. 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 mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
