After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted Modine Acquires Scott Springfield Manufacturing, Gaining Air Handling Unit Offering for Strategic Data Center and Indoor Air Quality Markets.
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Stocks Info
Modine Manufacturing Co. is listed on the NYSE in the Consumer Cyclical sector while operating in the Auto Parts industry. The current market capitalization of Modine Manufacturing Co. is $4.66B. A total of 1.16 million shares were traded on the day, compared to an average of 789.70K shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, MOD has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 18 BUYs and 32 SELLs from insiders. Insiders purchased 127,369 shares during that period but sold 186,125.
In the most recent transaction, Lucareli Michael B sold 20,000 shares of MOD for 55.00 per share on Dec 14. After the transaction, the EVP, CFO now owns 194,587 company shares. In a previous transaction on Dec 08, Patterson Christopher William sold 6,400 shares at 53.04 per share. MOD shares that Director owns now total 111,742.
Among the insiders who sold shares, Lucareli Michael B disposed of 60,000 shares on Nov 20 at a per-share price of $50.29. This resulted in the EVP, CFO holding 214,587 shares of MOD after the transaction. In another insider transaction, WILLIAMS MARSHA C sold 17,286 shares at $44.63 per share on Aug 15. Company shares held by the Director now total 172,074.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for MOD in the last 3 months, the mean price target is $84.00 with high estimates of $98.00 and low estimates of $73.00. In terms of 52-week highs and lows, MOD has a high of $87.47 and a low of $19.41.
As of this writing, MOD has an earnings estimate of $0.75 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.82 per share and a lower estimate of $0.72. The company reported an EPS of $0.89 in the last quarter, which was 39.10% higher than expectations of $0.64.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. MOD’s latest balance sheet shows that the firm has $45.20M in Cash & Short Term Investments as of fiscal 2022. There were $377.80M in debt and $494.50M in liabilities at the time. Its Book Value Per Share was $13.93, while its Total Shareholder’s Equity was $458.10M.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MOD is Buy with a score of 5.00.
