Modine (MOD) Surpasses Stock Market Gains: Key Insights You Need - NEW BOX OFFICE TO DAY

In the latest trading session, Modine (MOD) concluded at $105.08, indicating a rise of +0.39% compared to the previous day’s close. This increase surpassed the S&P 500’s gain of 0.1%. Meanwhile, the Dow dropped by 0.21%, whereas the technology-focused Nasdaq rose by 0.72%.

As of today, the stock price of the company specializing in heating and cooling solutions has increased by 36.02% over the last month. During this period, the Auto-Tires-Trucks sector saw an increase of 24%, whereas the S&P 500 index rose by 9.86%.

Investors are looking forward to seeing how Modine performs when they release their next earnings statement. This announcement is scheduled for May 20, 2025. Analysts predict that the company will announce an EPS of $0.96, reflecting a significant increase of 24.68% over the same period last year. Additionally, according to present estimates, revenues are expected to reach $629.47 million, marking a rise of 4.3% from the previous year’s figures during this time frame.

Investors ought to pay attention to any recent adjustments in analyst forecasts for Modine. Such modifications generally indicate the most current short-term shifts in business conditions, which tend to fluctuate regularly. Consequently, upward revisions in these estimates signal analysts' increased confidence in the firm’s operational success and financial health.

According to our findings, these estimate adjustments appear to be closely linked with recent movements in individual stocks. In order to capitalize on this information, we've created the Zacks Rank, a proprietary tool that considers these shifts in estimates and offers a practical rating mechanism.

The Zacks ranking system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has demonstrated impressive accuracy over time, verified through independent audits. Since 1988, shares ranked #1 have yielded an average yearly return of approximately +25%. Over the last month, the Zacks consensus earnings per share (EPS) estimate for this stock hasn’t changed. At present, Modine holds a Zacks rank of #4 (Sell).

In terms of valuation, Modine is presently being traded at a Forward P/E ratio of 22.74. This suggests that it commands a higher price relative to its sector’s Forward P/E which stands at 11.53.

Additionally, it’s worth noting that MOD boasts a PEG ratio of 0.67. Much like the well-known P/E ratio, this indicator includes expectations for future earnings growth. By comparison, as of yesterday's market closing, the average PEG ratio within the Automotive - Original Equipment sector stood at 0.96.

The automotive original equipment segment falls under the Auto-Tires-Trucks sector. With a Zacks Industry Rank of 144, this category places itself within the lowest 42% among approximately 250 industries.

The Zacks Industry Rank evaluates the performance of different industry sectors by averaging the Zacks Rankings of their component stocks. According to our findings, industries ranked in the top 50% tend to perform twice as well as those in the lower half.

Make sure to utilize romero.my.id to monitor all these stock movement indicators, along with others, during the next trading sessions.

The article was initially published on Zacks Investment Research (romero.my.id).