Is Modine Manufacturing Stock a Good Investment?
Modine Manufacturing Investment Advice | MOD |
- Examine Modine Manufacturing's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Modine Manufacturing's leadership team and their track record. Good management can help Modine Manufacturing navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Automotive Parts & Equipment space and any emerging trends that could impact Modine Manufacturing's business and its evolving consumer preferences.
- Compare Modine Manufacturing's performance and market position to its competitors. Analyze how Modine Manufacturing is positioned in terms of product offerings, innovation, and market share.
- Check if Modine Manufacturing pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Modine Manufacturing's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Modine Manufacturing stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Modine Manufacturing is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Modine Manufacturing Stock
Researching Modine Manufacturing's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.19. Modine Manufacturing last dividend was issued on the 19th of November 2008. The entity had 2:1 split on the 22nd of February 1993.
To determine if Modine Manufacturing is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Modine Manufacturing's research are outlined below:
| Modine Manufacturing had very high historical volatility over the last 90 days | |
| Modine Manufacturing has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Here is What to Know Beyond Why Modine Manufacturing Company is a Trending Stock |
Modine Manufacturing Quarterly Gross Profit |
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Modine Manufacturing uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Modine Manufacturing. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Modine Manufacturing's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 22nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Modine Manufacturing's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Modine Manufacturing's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2015-05-28 | 2015-03-31 | 0.14 | 0.12 | -0.02 | 14 | ||
2013-05-30 | 2013-03-31 | 0.16 | 0.18 | 0.02 | 12 | ||
2020-08-04 | 2020-06-30 | -0.12 | -0.09 | 0.03 | 25 | ||
2017-02-06 | 2016-12-31 | 0.24 | 0.21 | -0.03 | 12 | ||
2016-08-02 | 2016-06-30 | 0.18 | 0.21 | 0.03 | 16 | ||
2016-02-02 | 2015-12-31 | 0.25 | 0.22 | -0.03 | 12 | ||
2015-02-04 | 2014-12-31 | 0.12 | 0.15 | 0.03 | 25 | ||
2012-11-06 | 2012-09-30 | 0.1 | 0.13 | 0.03 | 30 |
Know Modine Manufacturing's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Modine Manufacturing is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Modine Manufacturing backward and forwards among themselves. Modine Manufacturing's institutional investor refers to the entity that pools money to purchase Modine Manufacturing's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 1.2 M | Principal Financial Group Inc | 2024-09-30 | 1.2 M | Driehaus Capital Management Llc | 2024-06-30 | 1.1 M | Capital Research & Mgmt Co - Division 3 | 2024-09-30 | 1 M | Alliancebernstein L.p. | 2024-06-30 | 1 M | T. Rowe Price Investment Management,inc. | 2024-09-30 | 944.2 K | Frontier Capital Management Co Inc | 2024-09-30 | 787.2 K | Ameriprise Financial Inc | 2024-06-30 | 748.9 K | Hennessy Advisors, Inc. | 2024-09-30 | 720.1 K | Blackrock Inc | 2024-06-30 | 5.5 M | Vanguard Group Inc | 2024-09-30 | 5 M |
Modine Manufacturing's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 7.52 B.Market Cap |
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Modine Manufacturing's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.11 | 0.12 | |
| Return On Capital Employed | 0.18 | 0.12 | |
| Return On Assets | 0.09 | 0.05 | |
| Return On Equity | 0.22 | 0.23 |
Determining Modine Manufacturing's profitability involves analyzing its financial statements and using various financial metrics to determine if Modine Manufacturing is a good buy. For example, gross profit margin measures Modine Manufacturing's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Modine Manufacturing's profitability and make more informed investment decisions.
Modine Manufacturing's Earnings Breakdown by Geography
Please note, the presentation of Modine Manufacturing's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Modine Manufacturing's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Modine Manufacturing's management manipulating its earnings.
Evaluate Modine Manufacturing's management efficiency
Modine Manufacturing has Return on Asset of 0.0984 % which means that on every $100 spent on assets, it made $0.0984 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2146 %, implying that it generated $0.2146 on every 100 dollars invested. Modine Manufacturing's management efficiency ratios could be used to measure how well Modine Manufacturing manages its routine affairs as well as how well it operates its assets and liabilities. At present, Modine Manufacturing's Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Modine Manufacturing's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.12, whereas Non Current Assets Total are forecasted to decline to about 526.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.42 | 8.42 | |
| Tangible Book Value Per Share | 6.42 | 9.31 | |
| Enterprise Value Over EBITDA | 17.50 | 18.38 | |
| Price Book Value Ratio | 6.58 | 6.91 | |
| Enterprise Value Multiple | 17.50 | 18.38 | |
| Price Fair Value | 6.58 | 6.91 | |
| Enterprise Value | 829.2 M | 941.8 M |
The management team at Modine Manufacturing has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 2.246 |
Basic technical analysis of Modine Stock
As of the 25th of November, Modine Manufacturing secures the Downside Deviation of 3.78, mean deviation of 2.94, and Risk Adjusted Performance of 0.0904. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Modine Manufacturing, as well as the relationship between them. Please verify Modine Manufacturing treynor ratio, and the relationship between the standard deviation and downside variance to decide if Modine Manufacturing is priced some-what accurately, providing market reflects its recent price of 143.22 per share. Given that Modine Manufacturing has jensen alpha of 0.0388, we recommend you to check Modine Manufacturing's last-minute market performance to make sure the company can sustain itself at a future point.Modine Manufacturing's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Modine Manufacturing insiders, such as employees or executives, is commonly permitted as long as it does not rely on Modine Manufacturing's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Modine Manufacturing insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Eric McGinnis over two weeks ago Disposition of 7394 shares by Eric McGinnis of Modine Manufacturing at 127.6982 subject to Rule 16b-3 | ||
Eric McGinnis over three months ago Disposition of 755 shares by Eric McGinnis of Modine Manufacturing at 119.42 subject to Rule 16b-3 | ||
Eric Ashleman over three months ago Acquisition by Eric Ashleman of 1320 shares of Modine Manufacturing subject to Rule 16b-3 | ||
Brian Agen over three months ago Disposition of 741 shares by Brian Agen of Modine Manufacturing at 93.05 subject to Rule 16b-3 | ||
Christine Yan over a year ago Sale by Christine Yan of 19858 shares of Modine Manufacturing | ||
Zakos Dean R over a year ago Payment of 132 shares by Zakos Dean R of Modine Manufacturing subject to Rule 16b-3 |
Modine Manufacturing's Outstanding Corporate Bonds
Modine Manufacturing issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Modine Manufacturing uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Modine bonds can be classified according to their maturity, which is the date when Modine Manufacturing has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| MGM Resorts International Corp BondUS552953CD18 | View | |
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| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Modine Manufacturing's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Modine Manufacturing's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0904 | |||
| Market Risk Adjusted Performance | 0.1429 | |||
| Mean Deviation | 2.94 | |||
| Semi Deviation | 3.48 | |||
| Downside Deviation | 3.78 | |||
| Coefficient Of Variation | 932.06 | |||
| Standard Deviation | 4.06 | |||
| Variance | 16.48 | |||
| Information Ratio | 0.0751 | |||
| Jensen Alpha | 0.0388 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0805 | |||
| Treynor Ratio | 0.1329 | |||
| Maximum Drawdown | 21.5 | |||
| Value At Risk | (5.59) | |||
| Potential Upside | 7.69 | |||
| Downside Variance | 14.32 | |||
| Semi Variance | 12.09 | |||
| Expected Short fall | (3.11) | |||
| Skewness | 0.5016 | |||
| Kurtosis | 2.19 |
| Risk Adjusted Performance | 0.0904 | |||
| Market Risk Adjusted Performance | 0.1429 | |||
| Mean Deviation | 2.94 | |||
| Semi Deviation | 3.48 | |||
| Downside Deviation | 3.78 | |||
| Coefficient Of Variation | 932.06 | |||
| Standard Deviation | 4.06 | |||
| Variance | 16.48 | |||
| Information Ratio | 0.0751 | |||
| Jensen Alpha | 0.0388 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0805 | |||
| Treynor Ratio | 0.1329 | |||
| Maximum Drawdown | 21.5 | |||
| Value At Risk | (5.59) | |||
| Potential Upside | 7.69 | |||
| Downside Variance | 14.32 | |||
| Semi Variance | 12.09 | |||
| Expected Short fall | (3.11) | |||
| Skewness | 0.5016 | |||
| Kurtosis | 2.19 |
Consider Modine Manufacturing's intraday indicators
Modine Manufacturing intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Modine Manufacturing stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Modine Manufacturing Corporate Filings
F4 | 12th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 4th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 30th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 29th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Modine Stock media impact
Far too much social signal, news, headlines, and media speculation about Modine Manufacturing that are available to investors today. That information is available publicly through Modine media outlets and privately through word of mouth or via Modine internal channels. However, regardless of the origin, that massive amount of Modine data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Modine Manufacturing news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Modine Manufacturing relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Modine Manufacturing's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Modine Manufacturing alpha.
Modine Manufacturing Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Modine Manufacturing can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Modine Manufacturing Historical Investor Sentiment
Investor biases related to Modine Manufacturing's public news can be used to forecast risks associated with an investment in Modine. The trend in average sentiment can be used to explain how an investor holding Modine can time the market purely based on public headlines and social activities around Modine Manufacturing. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Modine Manufacturing's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Modine Manufacturing and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Modine Manufacturing news discussions. The higher the estimate score, the more favorable the investor's outlook on Modine Manufacturing.
Modine Manufacturing Corporate Directors
| David Anderson | Independent Director | Profile | |
| Larry Moore | Independent Director | Profile | |
| Eric Ashleman | Independent Director | Profile | |
| Charles Cooley | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modine Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Modine Manufacturing. If investors know Modine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Modine Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Earnings Share 3.04 | Revenue Per Share 47.367 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0984 |
The market value of Modine Manufacturing is measured differently than its book value, which is the value of Modine that is recorded on the company's balance sheet. Investors also form their own opinion of Modine Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Modine Manufacturing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Modine Manufacturing's market value can be influenced by many factors that don't directly affect Modine Manufacturing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Modine Manufacturing's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Modine Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modine Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.