For its second fiscal quarter (ending September 30), Modine Manufacturing Co (NYSE: MOD) has reported a -3% decline in E.P.S. from $0.89 a year ago to $0.86 in the current quarter. E.P.S. were $3.07 for the latest four quarters through September 30 versus $3.92 for the same period a year ago — a decline of -22%.
Recent Price Action
On 10/29/24, Modine Manufacturing Co (NYSE: MOD) stock declined slightly by -0.6%, closing at $130.31. Moreover, this decline was accompanied by above average trading volume at 122% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but 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 (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 92, producing the 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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