Modine Manufacturing Co (MOD)’s Market Momentum: Closing Strong at 140.49, Up 5.12

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Modine Manufacturing Co’s stock clocked out at $140.49, up 5.12% from its previous closing price of $133.65. In other words, the price has increased by $5.12 from its previous closing price. On the day, 0.73 million shares were traded. MOD stock price reached its highest trading level at $142.12 during the session, while it also had its lowest trading level at $134.66.

Ratios:

To gain a deeper understanding of MOD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 93.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 74.51. 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:

Investing in insider trades can also provide an investor with insight into how management views future 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 7376160768 and an Enterprise Value of 7804358144. As of this moment, Modine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.11, and their Forward P/E ratio for the next fiscal year is 29.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.97 while its Price-to-Book (P/B) ratio in mrq is 8.59. Its current Enterprise Value per Revenue stands at 3.141 whereas that against EBITDA is 22.654.

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 $48.88. The 50-Day Moving Average of the stock is 10.18%, while the 200-Day Moving Average is calculated to be 33.63%.

Shares Statistics:

It appears that MOD traded 664.43K shares on average per day over the past three months and 682080 shares per day over the past ten days. A total of 52.40M shares are outstanding, with a floating share count of 51.49M. Insiders hold about 1.92% of the company’s shares, while institutions hold 104.23% stake in the company. Shares short for MOD as of 1730332800 were 3434853 with a Short Ratio of 5.17, compared to 1727654400 on 3850509. Therefore, it implies a Short% of Shares Outstanding of 3434853 and a Short% of Float of 7.46.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 4.37.

Most Popular