Is Modine Manufacturing Co. (NYSE: MOD) No Longer A Good Investment?

After Hours

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. Most recently, Yahoo Finance reported about the stock as it publicized that Modine Gains UL Safety Certification for Indoor Air Quality Solutions.

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

MOD belongs to the Consumer Cyclical sector of the NYSE while operating in the Auto Parts industry. The current market capitalization of Modine Manufacturing Co. is $5.08B. A total of 1.05 million shares were traded on the day, compared to an average of 998.53K shares.

In the most recent transaction, Wilson David J. sold 8,000 shares of MOD for 89.22 per share on Mar 18 ’24. After the transaction, the Director now owns 6,109 company shares. In a previous transaction on Mar 07 ’24, Patterson Christopher William sold 14,225 shares at 90.56 per share. MOD shares that Director owns now total 97,517.

Among the insiders who sold shares, Lucareli Michael B disposed of 82,312 shares on Feb 29 ’24 at a per-share price of $90.33. This resulted in the EVP, CFO holding 194,587 shares of MOD after the transaction. In another insider transaction, Lucareli Michael B sold 20,000 shares at $55.00 per share on Dec 14 ’23. Company shares held by the EVP, CFO now total 194,587.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MOD has a high of $106.01 and a low of $19.41.

As of this writing, MOD has an earnings estimate of $0.76 per share for the current quarter. EPS was calculated based on a consensus of 5 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

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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.

Most Popular

Related Posts