During the last session, Modine Manufacturing Co. (NYSE:MOD)’s traded shares were 0.79 million, with the beta value of the company hitting 2.28. At the end of the trading day, the stock’s price was $96.74, reflecting an intraday gain of 4.21% or $3.91. The 52-week high for the MOD share is $106.01, that puts it down -9.58 from that peak though still a striking 79.94% gain since the share price plummeted to a 52-week low of $19.41. The company’s market capitalization is $5.05B, and the average trade volume was 1.04 million shares over the past three months.
Modine Manufacturing Co. (NYSE:MOD) trade information
Modine Manufacturing Co. (MOD) registered a 4.21% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.21% in intraday trading to $96.74, hitting a weekly high. The stock’s 5-day price performance is 15.59%, and it has moved by 1.56% in 30 days. Based on these gigs, the overall price performance for the year is 367.34%.
Modine Manufacturing Co. (MOD) estimates and forecasts
Statistics show that Modine Manufacturing Co. has outperformed its competitors in share price, compared to the industry in which it operates. Modine Manufacturing Co. (MOD) shares have gone up 141.61% during the last six months, with a year-to-date growth rate more than the industry average at 67.69% against 12.20. In the rating firms’ projections, revenue will increase 4.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 605.36M as predicted by 5 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 623.21M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 618.1M and 575.99M respectively. In this case, analysts expect current quarter sales to shrink by -2.10% and then jump by 8.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 46.19%. While earnings are projected to return 66.26% in 2024, the next five years will return 34.00% per annum.
MOD Dividends
Modine Manufacturing Co. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
