After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Most recently, Yahoo Finance reported about the stock as it publicized that Modine Launches New MEW Electric Unit Heaters for Washdown and Corrosive Environments.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
As a NYSE listed company, MOD falls under the Consumer Cyclical sector while operating within the Auto Parts industry segment. At the end of the last regular session, the stock closed at $91.64 and fluctuated between $96.00 as its day high and $91.50 as its day low. The current market capitalization of Modine Manufacturing Co. is $4.78B. A total of 1.27 million shares were traded on the day, compared to an average of 837.61K shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. 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 31 SELLs from insiders. Insiders purchased 127,369 shares during that period but sold 175,375.
In the most recent transaction, Lucareli Michael B sold 82,312 shares of MOD for 90.33 per share on Feb 29. After the transaction, the EVP, CFO now owns 194,587 company shares. In a previous transaction on Dec 14, Lucareli Michael B sold 20,000 shares at 55.00 per share. MOD shares that EVP, CFO owns now total 194,587.
Among the insiders who sold shares, Patterson Christopher William disposed of 6,400 shares on Dec 08 at a per-share price of $53.04. This resulted in the Director holding 111,742 shares of MOD after the transaction. In another insider transaction, Lucareli Michael B sold 60,000 shares at $50.29 per share on Nov 20. Company shares held by the EVP, CFO now total 214,587.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, MOD has a high of $93.92 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
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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.
