For its first fiscal quarter (ending June 30), Modine Manufacturing Co (NYSE: MOD) has reported E.P.S. of $0.88 compared to $0.86 a year ago. For the latest four quarters through June 30, E.P.S. were $3.11 versus $3.51 for the same period a year ago.
Recent Price Action
Modine Manufacturing Co (NYSE: MOD) stock closed at $98.92 on 7/30/24 after a decline of -3.3%. Moreover, trading volume in this decline was above average at 130% of normal. The stock has declined -13.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
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 24 but a very high Power Rating of 96, resulting in 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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