Modine Manufacturing Co. (MOD) is gearing up for another turning point as it hit the volume of 0.74 million

On Tuesday, Modine Manufacturing Co. (NYSE: MOD) opened lower -0.57% from the last session, before settling in for the closing price of $131.06. Price fluctuations for MOD have ranged from $38.61 to $141.72 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 2.21%. Company’s average yearly earnings per share was noted 18.56% at the time writing. With a float of $51.37 million, this company’s outstanding shares have now reached $52.40 million.

Considering the fact that the conglomerate employs 11400 people, you should pay attention to its efficiency factor. 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

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 2.00%, while institutional ownership is 103.83%. 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

If we go through the results of last quarter, which was made public on 9/30/2024, 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 1.03 per share during the current fiscal year.

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 22.00% 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

Check out the current performance indicators for Modine Manufacturing Co. (MOD). In the past quarter, the stock posted a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.79. Likewise, its price to free cash flow for the trailing twelve months is 60.33.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.06, a number that is poised to hit 0.86 in the next quarter and is forecasted to reach 4.66 in one year’s time.

Technical Analysis of Modine Manufacturing Co. (MOD)

Compared to the last year’s volume of 0.85 million, its volume of 0.65 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 37.98%. Additionally, its Average True Range was 5.53.

During the past 100 days, Modine Manufacturing Co.’s (MOD) raw stochastic average was set at 79.76%, which indicates a significant increase from 41.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.67% in the past 14 days, which was lower than the 69.64% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $122.48, while its 200-day Moving Average is $100.25. Nevertheless, the first resistance level for the watch stands at $131.74 in the near term. At $133.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $134.97. If the price goes on to break the first support level at $128.51, it is likely to go to the next support level at $126.72. Should the price break the second support level, the third support level stands at $125.28.

Modine Manufacturing Co. (NYSE: MOD) Key Stats

There are currently 52,414K shares outstanding in the company with a market cap of 6.83 billion. Presently, the company’s annual sales total 2,408 M according to its annual income of 161,500 K. Last quarter, the company’s sales amounted to 661,500 K and its income totaled 47,300 K.