A new trading day began on Friday, with Modine Manufacturing Co. (NYSE: MOD) stock price down -6.29% from the previous day of trading, before settling in for the closing price of $103.93. MOD’s price has ranged from $38.50 to $123.92 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 2.21% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 18.31%. With a float of $51.35 million, this company’s outstanding shares have now reached $52.40 million.
In an organization with 11400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 22.98%, operating margin of 10.91%, and the pretax margin is 9.04%.
Modine Manufacturing Co. (MOD) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of Modine Manufacturing Co. is 2.02%, while institutional ownership is 106.70%. The most recent insider transaction that took place on Aug 15 ’24, was worth 3,775,072. In this transaction Director of this company sold 34,400 shares at a rate of $109.74, taking the stock ownership to the 144,038 shares. Before that another transaction happened on Aug 15 ’24, when Company’s Director proposed sale 34,400 for $110.00, making the entire transaction worth $3,784,000.
Modine Manufacturing Co. (MOD) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 18.31% 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 12.90% growth over the previous five years of trading.
Modine Manufacturing Co. (NYSE: MOD) Trading Performance Indicators
Here are Modine Manufacturing Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.09. Likewise, its price to free cash flow for the trailing twelve months is 45.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.06, a number that is poised to hit 0.92 in the next quarter and is forecasted to reach 4.53 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 0.59 million. That was inferior than the volume of 0.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 2.73%. Additionally, its Average True Range was 6.11.
During the past 100 days, Modine Manufacturing Co.’s (MOD) raw stochastic average was set at 37.36%, which indicates a significant increase from 0.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.51% in the past 14 days, which was lower than the 70.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $107.17, while its 200-day Moving Average is $87.25. However, in the short run, Modine Manufacturing Co.’s stock first resistance to watch stands at $103.07. Second resistance stands at $108.74. The third major resistance level sits at $111.67. If the price goes on to break the first support level at $94.47, it is likely to go to the next support level at $91.54. Assuming the price breaks the second support level, the third support level stands at $85.87.
Modine Manufacturing Co. (NYSE: MOD) Key Stats
With a market capitalization of 5.10 billion, the company has a total of 52,395K Shares Outstanding. Currently, annual sales are 2,408 M while annual income is 161,500 K. The company’s previous quarter sales were 661,500 K while its latest quarter income was 47,300 K.
