On Monday, Modine Manufacturing Co. (NYSE: MOD) opened higher 3.38% from the last session, before settling in for the closing price of $83.69. Price fluctuations for MOD have ranged from $19.41 to $106.01 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 1.56% annually for the last half of the decade. Company’s average yearly earnings per share was noted 66.26% at the time writing. With a float of $50.92 million, this company’s outstanding shares have now reached $52.10 million.
In an organization with 11300 employees, it is important to assess its efficiency.
Modine Manufacturing Co. (MOD) Insider Updates
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Modine Manufacturing Co. is 2.46%, while institutional ownership is 94.20%. The most recent insider transaction that took place on Mar 28 ’24, was worth 1,606,584. In this transaction VP, Human Resources of this company sold 16,799 shares at a rate of $95.64, taking the stock ownership to the 102,409 shares. Before that another transaction happened on Mar 18 ’24, when Company’s Director sold 8,000 for $89.22, making the entire transaction worth $713,768. This insider now owns 6,109 shares in total.
Modine Manufacturing Co. (MOD) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted $0.74 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.59) by $0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.86 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 66.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 34.00% during the next five years compared to 46.19% growth over the previous five years of trading.
Modine Manufacturing Co. (NYSE: MOD) Trading Performance Indicators
Check out the current performance indicators for Modine Manufacturing Co. (MOD). In the past quarter, the stock posted a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.87. Likewise, its price to free cash flow for the trailing twelve months is 29.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.24, a number that is poised to hit 0.76 in the next quarter and is forecasted to reach 3.81 in one year’s time.
Technical Analysis of Modine Manufacturing Co. (MOD)
Let’s dig in a bit further. During the last 5-days, its volume was 0.93 million. That was inferior than the volume of 0.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 20.13%. Additionally, its Average True Range was 4.44.
During the past 100 days, Modine Manufacturing Co.’s (MOD) raw stochastic average was set at 65.88%, which indicates a significant increase from 27.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.06% in the past 14 days, which was higher than the 40.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $88.40, while its 200-day Moving Average is $59.00. However, in the short run, Modine Manufacturing Co.’s stock first resistance to watch stands at $88.43. Second resistance stands at $90.33. The third major resistance level sits at $92.96. If the price goes on to break the first support level at $83.90, it is likely to go to the next support level at $81.27. Assuming the price breaks the second support level, the third support level stands at $79.37.
Modine Manufacturing Co. (NYSE: MOD) Key Stats
There are currently 52,214K shares outstanding in the company with a market cap of 4.52 billion. Presently, the company’s annual sales total 2,298 M according to its annual income of 153,100 K. Last quarter, the company’s sales amounted to 561,400 K and its income totaled 44,400 K.
