Modine Manufacturing Co (NYSE: MOD) is -31.51% lower on its value in year-to-date trading and has touched a low of $78.85 and a high of $146.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MOD stock was last observed hovering at around $87.01 in the last trading session, with the day’s loss setting it -7.61%.
Currently trading at $79.40, the stock is -15.40% and -28.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.15 million and changing -8.75% at the moment leaves the stock -30.12% off its SMA200. MOD registered -7.86% loss for a year compared to 6-month loss of -31.81%.
The stock witnessed a -16.54% gain in the last 1 month and extending the period to 3 months gives it a -44.56%, and is -15.61% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.16% over the week and 6.72% over the month.
Modine Manufacturing Co (MOD) has around 11400 employees, a market worth around $4.17B and $2.54B in sales. Current P/E ratio is 26.71 and Fwd P/E is 16.83. Profit margin for the company is 6.31%. Distance from 52-week low is 0.70% and -45.93% from its 52-week high. The company has generated returns on investments over the last 12 months (12.68%).
The EPS is expected to grow by 19.56% this year
The shares outstanding are 52.50M, and float is at 51.53M with Short Float at 7.56%.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.55 million shares valued at $555.65 million. The investor’s holdings represent 10.5839 of the MOD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.96 million shares valued at $496.71 million to account for 9.4612 of the shares outstanding. The other top investors are FMR LLC which holds 3.87 million shares representing 7.3941 and valued at over $388.19 million, while DIMENSIONAL FUND ADVISORS LP holds 5.209 of the shares totaling 2.73 million with a market value of $273.46 million.
Modine Manufacturing Co (MOD) Insider Activity
The most recent transaction is an insider sale by Lucareli Michael B, the company’s EVP, CFO. SEC filings show that Lucareli Michael B sold 17,541 shares of the company’s common stock on Feb 10 ’25 at a price of $100.00 per share for a total of $1.75 million. Following the sale, the insider now owns 0.13 million shares.
Modine Manufacturing Co disclosed in a document filed with the SEC on Feb 06 ’25 that Lucareli Michael B (EVP, CFO) sold a total of 27,500 shares of the company’s common stock. The trade occurred on Feb 06 ’25 and was made at $102.52 per share for $2.82 million. Following the transaction, the insider now directly holds 0.14 million shares of the MOD stock.
Still, SEC filings show that on Feb 10 ’25, Lucareli Michael B (EVP, CFO) disposed off 2,500 shares at an average price of $100.00 for $0.25 million. The insider now directly holds 132,531 shares of Modine Manufacturing Co (MOD).
