37.22% percent quarterly performance for Modine Manufacturing Co. (MOD) is not indicative of the underlying story

A new trading day began on Tuesday, with Modine Manufacturing Co. (NYSE: MOD) stock price up 5.14% from the previous day of trading, before settling in for the closing price of $127.16. MOD’s price has ranged from $38.50 to $131.28 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales surged by 2.21% over the last five years. Meanwhile, its annual earnings per share averaged 18.56%. With a float of $51.35 million, this company’s outstanding shares have now reached $52.40 million.

The firm has a total of 11400 workers. Let’s measure their productivity. 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 Activity

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 103.90%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 18.56% 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 2.86. Likewise, its price to free cash flow for the trailing twelve months is 61.90.

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 4.65 in one year’s time.

Technical Analysis of Modine Manufacturing Co. (MOD)

Analysing the last 5-days average volume posted by the [Modine Manufacturing Co., MOD], we can find that recorded value of 0.82 million was lower than the volume posted last year of 0.89 million. As of the previous 9 days, the stock’s Stochastic %D was 92.30%. Additionally, its Average True Range was 6.73.

During the past 100 days, Modine Manufacturing Co.’s (MOD) raw stochastic average was set at 97.01%, which indicates a significant increase from 96.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.28% in the past 14 days, which was higher than the 74.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $109.52, while its 200-day Moving Average is $91.10. Now, the first resistance to watch is $136.79. This is followed by the second major resistance level at $139.88. The third major resistance level sits at $144.59. If the price goes on to break the first support level at $128.99, it is likely to go to the next support level at $124.28. Should the price break the second support level, the third support level stands at $121.19.

Modine Manufacturing Co. (NYSE: MOD) Key Stats

With a market capitalization of 7.01 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.