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The price of Modine Manufacturing Co (NYSE: MOD) closed at $140.00 in the last session, down -1.88% from day before closing price of $142.68. In other words, the price has decreased by -$1.88 from its previous closing price. On the day, 1.21 million shares were traded. MOD stock price reached its highest trading level at $145.7 during the session, while it also had its lowest trading level at $139.68.
Ratios:
We take a closer look at MOD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 93.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 74.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on August 01, 2024, Reiterated its Buy rating but revised its target price to $140 from $125 previously.
On March 19, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $105.Oppenheimer initiated its Outperform rating on March 19, 2024, with a $105 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 08 ’24 when McGinnis Eric S sold 44,000 shares for $127.25 per share. The transaction valued at 5,598,807 led to the insider holds 36,551 shares of the business.
McGinnis Eric S bought 44,000 shares of MOD for $5,604,280 on Nov 08 ’24. On Aug 15 ’24, another insider, WILLIAMS MARSHA C, who serves as the Director of the company, sold 34,400 shares for $109.74 each. As a result, the insider received 3,775,072 and left with 144,038 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MOD now has a Market Capitalization of 7350433792 and an Enterprise Value of 7778631680. As of this moment, Modine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.95, and their Forward P/E ratio for the next fiscal year is 29.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 8.56. Its current Enterprise Value per Revenue stands at 3.131 whereas that against EBITDA is 22.579.
Stock Price History:
The Beta on a monthly basis for MOD is 2.35, which has changed by 1.2708898 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, MOD has reached a high of $146.84, while it has fallen to a 52-week low of $60.00. The 50-Day Moving Average of the stock is 8.74%, while the 200-Day Moving Average is calculated to be 23.52%.
Shares Statistics:
According to the various share statistics, MOD traded on average about 695.80K shares per day over the past 3-months and 774360 shares per day over the past 10 days. A total of 52.50M shares are outstanding, with a floating share count of 51.41M. Insiders hold about 2.09% of the company’s shares, while institutions hold 102.82% stake in the company. Shares short for MOD as of 1735603200 were 3203225 with a Short Ratio of 4.60, compared to 1732838400 on 3600158. Therefore, it implies a Short% of Shares Outstanding of 3203225 and a Short% of Float of 6.959999999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.37. The current Payout Ratio is 0.00% for MOD, which recently paid a dividend on 2008-11-19 with an ex-dividend date of 1227052800. Stock splits for the company last occurred on 1993-02-22 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 6.0 analysts. The consensus estimate for the next quarter is $1.04, with high estimates of $1.07 and low estimates of $1.02.
Analysts are recommending an EPS of between $3.88 and $3.78 for the fiscal current year, implying an average EPS of $3.83. EPS for the following year is $4.74, with 6.0 analysts recommending between $4.9 and $4.61.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $613.88M. It ranges from a high estimate of $618.6M to a low estimate of $607.7M. As of the current estimate, Modine Manufacturing Co’s year-ago sales were $561.4MFor the next quarter, 6 analysts are estimating revenue of $687.86M. There is a high estimate of $701.11M for the next quarter, whereas the lowest estimate is $677.2M.
A total of 7 analysts have provided revenue estimates for MOD’s current fiscal year. The highest revenue estimate was $2.64B, while the lowest revenue estimate was $2.58B, resulting in an average revenue estimate of $2.62B. In the same quarter a year ago, actual revenue was $2.41BBased on 7 analysts’ estimates, the company’s revenue will be $2.86B in the next fiscal year. The high estimate is $2.91B and the low estimate is $2.79B.
