A share price of Modine Manufacturing Co. [MOD] is currently trading at $101.39, up 3.66%. 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 2.50% over the last week, with a monthly amount drifted -4.07%, 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 August 01, 2024, when B. Riley Securities reiterated its Buy rating and also boosted its price target to $140 from $125. On March 19, 2024, Oppenheimer initiated with a Outperform rating and assigned a price target of $105 on the stock. B. Riley Securities initiated its recommendation with a Buy and recommended $40 as its price target on June 07, 2023. CJS Securities started tracking with a Market Outperform rating for this stock on December 06, 2022, and assigned it a price target of $25. In a note dated November 06, 2020, DA Davidson upgraded an Buy rating on this stock but restated the target price of $11.
Modine Manufacturing Co. experienced fluctuations in its stock price throughout the past year between $38.50 and $123.92. Currently, Wall Street analysts expect the stock to reach $133.33 within the next 12 months. Modine Manufacturing Co. [NYSE: MOD] shares were valued at $101.39 at the most recent close of the market. An investor can expect a potential return of 31.5% based on the average MOD price forecast.
Analyzing the MOD fundamentals
Trailing Twelve Months sales for Modine Manufacturing Co. [NYSE:MOD] were 2.45B which represents 6.28% growth. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.22 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.57.
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 97.26 points at the first support level, and at 93.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.64, and for the 2nd resistance point, it is at 105.90.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Modine Manufacturing Co. [NYSE:MOD] is 1.80. Further, the Quick Ratio stands at 1.11, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 2.17, the price to book ratio is 6.74 and price to earnings (TTM) ratio is 33.11.
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.
