Modine Manufacturing Co (NYSE: MOD) is -29.22% lower on its value in year-to-date trading and has touched a low of $72.49 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 $84.36 in the last trading session, with the day’s loss setting it -2.3%.
Currently trading at $82.06, the stock is -2.49% and -19.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -2.73% at the moment leaves the stock -27.07% off its SMA200. MOD registered 0.93% gain for a year compared to 6-month gain of -13.26%. The firm has a 50-day simple moving average (SMA 50) of $102.3514 and a 200-day simple moving average (SMA200) of $112.51125.
The stock witnessed a -15.54% loss in the last 1 month and extending the period to 3 months gives it a -36.67%, and is 7.89% up 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 6.88% over the week and 7.65% over the month.
Modine Manufacturing Co (MOD) has around 11400 employees, a market worth around $4.31B and $2.54B in sales. Current P/E ratio is 27.60 and Fwd P/E is 17.34. Profit margin for the company is 6.31%. Distance from 52-week low is 13.20% and -44.12% from its 52-week high. The company has generated returns on investments over the last 12 months (12.68%).
with sales reaching $634.55M over the same period.The EPS is expected to grow by 19.57% this year, but quarterly earnings will post 7.12% year-over-year. Quarterly sales are estimated to grow 5.14% in year-over-year returns.
530.0 institutions hold shares in Modine Manufacturing Co (MOD), with institutional investors hold 108.26% of the company’s shares. The shares outstanding are 52.50M, and float is at 51.53M with Short Float at 7.93%. Institutions hold 106.61% of the Float.
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 purchase by WULFSOHN WILLIAM A, the company’s Director. SEC filings show that WULFSOHN WILLIAM A bought 2,530 shares of the company’s common stock on Mar 03 ’25 at a price of $79.43 per share for a total of $0.2 million. Following the purchase, the insider now owns 7277.0 shares.
Modine Manufacturing Co disclosed in a document filed with the SEC on Feb 10 ’25 that Lucareli Michael B (EVP, CFO) sold a total of 17,541 shares of the company’s common stock. The trade occurred on Feb 10 ’25 and was made at $100.00 per share for $1.75 million. Following the transaction, the insider now directly holds 0.13 million shares of the MOD stock.
Still, SEC filings show that on Feb 06 ’25, Lucareli Michael B (EVP, CFO) disposed off 27,500 shares at an average price of $102.52 for $2.82 million. The insider now directly holds 135,031 shares of Modine Manufacturing Co (MOD).
