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After finishing at $127.25 in the prior trading day, Modine Manufacturing Co. (NYSE: MOD) closed at $131.06, up 2.99%. In other words, the price has increased by $2.99 from its previous closing price. On the day, 0.62 million shares were traded. MOD stock price reached its highest trading level at $131.73 during the session, while it also had its lowest trading level at $127.56.
Ratios:
Our goal is to gain a better understanding of MOD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 94.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.68. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.61.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 15 ’24 when WILLIAMS MARSHA C sold 34,400 shares for $109.74 per share. The transaction valued at 3,775,072 led to the insider holds 144,038 shares of the business.
WILLIAMS MARSHA C bought 34,400 shares of MOD for $3,784,000 on Aug 15 ’24. On Mar 28 ’24, another insider, Agen Brian Jon, who serves as the VP, Human Resources of the company, sold 16,799 shares for $95.64 each. As a result, the insider received 1,606,584 and left with 102,409 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 6924921856 and an Enterprise Value of 7333123584. As of this moment, Modine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.80, and their Forward P/E ratio for the next fiscal year is 28.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.81 while its Price-to-Book (P/B) ratio in mrq is 8.71. Its current Enterprise Value per Revenue stands at 2.997 whereas that against EBITDA is 22.557.
Stock Price History:
Over the past 52 weeks, MOD has reached a high of $141.72, while it has fallen to a 52-week low of $38.50. The 50-Day Moving Average of the stock is 7.36%, while the 200-Day Moving Average is calculated to be 31.17%.
Shares Statistics:
The stock has traded on average 677.39K shares per day over the past 3-months and 584730 shares per day over the last 10 days, according to various share statistics. A total of 52.40M shares are outstanding, with a floating share count of 51.37M. Insiders hold about 2.00% of the company’s shares, while institutions hold 103.83% stake in the company. Shares short for MOD as of 1728950400 were 3695773 with a Short Ratio of 5.46, compared to 1726185600 on 3850621. Therefore, it implies a Short% of Shares Outstanding of 3695773 and a Short% of Float of 8.04.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.37.
