After finishing at $92.36 in the prior trading day, Modine Manufacturing Co. (NYSE: MOD) closed at $90.76, down -1.73%. On the day, 585790 shares were traded.
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 31.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.51. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 0.56 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, Oppenheimer on March 19, 2024, initiated with a Outperform rating and assigned the stock a target price of $105.
On June 07, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $40.B. Riley Securities initiated its Buy rating on June 07, 2023, with a $40 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 Mar 28 ’24 when Agen Brian Jon sold 16,799 shares for $95.64 per share. The transaction valued at 1,606,584 led to the insider holds 102,409 shares of the business.
Wilson David J. sold 8,000 shares of MOD for $713,768 on Mar 18 ’24. The Director now owns 6,109 shares after completing the transaction at $89.22 per share. On Mar 07 ’24, another insider, Patterson Christopher William, who serves as the Director of the company, sold 14,225 shares for $90.56 each. As a result, the insider received 1,288,243 and left with 97,517 shares of the company.
Valuation Measures:
As of this moment, Modine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.39, and their Forward P/E ratio for the next fiscal year is 23.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 6.51.
Stock Price History:
Over the past 52 weeks, MOD has reached a high of $106.01, while it has fallen to a 52-week low of $19.41.
Shares Statistics:
A total of 52.10M shares are outstanding, with a floating share count of 50.92M. Insiders hold about 2.46% of the company’s shares, while institutions hold 93.84% stake in the company.
Earnings Estimates
Its stock is currently analyzed by Moderna, Inc. different market analysts. The consensus estimate for the next quarter is $40.95, with high estimates of $8.29 and low estimates of $266.23.
Analysts are recommending an EPS of between $Communication Services and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Consumer Defensive.
