At the time of writing, Modine Manufacturing Co. [MOD] stock is trading at $90.99, up 2.18%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MOD shares have gain 6.25% over the last week, with a monthly amount drifted -6.43%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Modine Manufacturing Co. [NYSE: MOD] stock has seen the most recent analyst activity on March 19, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $105. On June 07, 2023, B. Riley Securities initiated with a Buy rating and assigned a price target of $40 on the stock. CJS Securities started tracking the stock assigning a Market Outperform rating and suggested a price target of $25 on December 06, 2022. DA Davidson upgraded its rating to a Buy but $11 remained the price target by the analyst firm on November 06, 2020. Robert W. Baird downgraded its rating to Neutral for this stock on November 11, 2019, and downed its price target to $9. In a note dated November 08, 2019, Dougherty & Company downgraded an Neutral rating on this stock.
For the past year, the stock price of Modine Manufacturing Co. fluctuated between $19.41 and $106.01. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. Modine Manufacturing Co. [NYSE: MOD] shares were valued at $90.99 at the most recent close of the market. An investor can expect a potential return of 15.4% based on the average MOD price forecast.
Analyzing the MOD fundamentals
According to Modine Manufacturing Co. [NYSE:MOD], the company’s sales were 2.42B for trailing twelve months, which represents an 0.25% jump. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.34 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 88.76 points at the first support level, and at 86.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 94.11, and for the 2nd resistance point, it is at 97.23.
Ratios To Look Out For
It is important to note that Modine Manufacturing Co. [NYSE:MOD] has a current ratio of 1.93. Further, the Quick Ratio stands at 1.21, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 1.96, the price to book ratio is 6.53 and price to earnings (TTM) ratio is 21.44.
Transactions by insiders
Recent insider trading involved Agen Brian Jon, VP, Human Resources, that happened on Mar 28 ’24 when 16799.0 shares were sold. Director, Wilson David J. completed a deal on Mar 18 ’24 to sell 8000.0 shares. Meanwhile, Director Patterson Christopher William sold 14225.0 shares on Mar 07 ’24.
