Modine Manufacturing Co (NYSE: MOD) has reported E.P.S. of $0.48 for its fourth fiscal quarter (ending March 31) versus $1.71 for the same period a year ago. E.P.S. were $3.03 for the latest four quarters through March 31 versus $2.93 for the same period a year ago.
Recent Price Action
On 5/21/24, Modine Manufacturing Co (NYSE: MOD) stock declined slightly by -0.9%, closing at $101.47. Moreover, this decline was accompanied by above average trading volume at 145% of normal. The stock has been exceptionally strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
MOD’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Modine Manufacturing has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Modine Manufacturing has a poor Appreciation Score of 23 but a very high Power Rating of 96, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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