Modine Manufacturing Co (NYSE: MOD) is -12.34% lower on its value in year-to-date trading and has touched a low of $64.79 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 $98.68 in the last trading session, with the day’s loss setting it -6.03%.
Currently trading at $92.65, the stock is -5.63% and -2.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.72 million and changing -6.11% at the moment leaves the stock -12.97% off its SMA200. MOD registered -20.08% loss for a year compared to 6-month loss of -24.54%. The firm has a 50-day simple moving average (SMA 50) of $95.4512 and a 200-day simple moving average (SMA200) of $106.4627.
The stock witnessed a 2.16% gain in the last 1 month and extending the period to 3 months gives it a 29.00%, and is -9.36% 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 6.49% over the week and 4.33% over the month.
Modine Manufacturing Co (MOD) has around 11300 employees, a market worth around $4.85B and $2.58B in sales. Current P/E ratio is 27.14 and Fwd P/E is 16.80. Profit margin for the company is 7.12%. Distance from 52-week low is 43.00% and -36.90% from its 52-week high. The company has generated returns on investments over the last 12 months (14.29%).
The EPS is expected to grow by 11.29% this year
513.0 institutions hold shares in Modine Manufacturing Co (MOD), with institutional investors hold 111.99% of the company’s shares. The shares outstanding are 52.40M, and float is at 51.35M with Short Float at 7.44%. Institutions hold 110.28% 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 10.5637 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 9.4431 of the shares outstanding. The other top investors are FMR LLC which holds 3.87 million shares representing 7.38 and valued at over $388.19 million, while DIMENSIONAL FUND ADVISORS LP holds 5.199 of the shares totaling 2.73 million with a market value of $273.46 million.
Modine Manufacturing Co (MOD) Insider Activity
Modine Manufacturing Co disclosed in a document filed with the SEC on Mar 03 ’25 that WULFSOHN WILLIAM A (Director) bought a total of 2,530 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $79.43 per share for $0.2 million. Following the transaction, the insider now directly holds 7277.0 shares of the MOD stock.
Still, SEC filings show that on Feb 10 ’25, Lucareli Michael B (EVP, CFO) disposed off 17,541 shares at an average price of $100.00 for $1.75 million. The insider now directly holds 132,531 shares of Modine Manufacturing Co (MOD).
