Modine Manufacturing Co (NYSE: MOD). Significant negative changes in fundamentals have recently occurred: the consensus estimate for March, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for March, 2025 decreased significantly.
Extremely important negative changes in investment behavior have recently occurred for Modine Manufacturing Co (NYSE: MOD): negative upside/downside volume developed, and its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
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 (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Modine Manufacturing has a poor Appreciation Score of 18 but a very high Power Rating of 89, resulting in the Neutral Value Trend Rating.
Recent Price Action
Modine Manufacturing Co (NYSE: MOD) stock increased 1.7% on 6/7/24. The shares closed at $92.04. Trading volume in this advance was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.1% during the last week.
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