Modine Manufacturing Stock Buy Hold or Sell Recommendation
| MOD Stock | USD 90.99 1.94 2.18% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Modine Manufacturing is 'Hold'. Macroaxis provides Modine Manufacturing buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MOD positions. The advice algorithm takes into account all of Modine Manufacturing's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Modine Manufacturing's buy or sell advice are summarized below:
Real Value 72.83 | Target Price 51.25 | Hype Value 89.05 | Market Value 90.99 | Naive Value 83.88 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Modine Manufacturing given historical horizon and risk tolerance towards Modine Manufacturing. When Macroaxis issues a 'buy' or 'sell' recommendation for Modine Manufacturing, the advice is generated through an automated system that utilizes algorithms and statistical models.
Modine |
Execute Modine Manufacturing Buy or Sell Advice
The Modine recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Modine Manufacturing. Macroaxis does not own or have any residual interests in Modine Manufacturing or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Modine Manufacturing's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Modine Manufacturing Trading Alerts and Improvement Suggestions
| Modine Manufacturing is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Disposition of 19858 shares by Christine Yan of Modine Manufacturing at 27.6848 subject to Rule 16b-3 |
Modine Manufacturing Returns Distribution Density
The distribution of Modine Manufacturing's historical returns is an attempt to chart the uncertainty of Modine Manufacturing's future price movements. The chart of the probability distribution of Modine Manufacturing daily returns describes the distribution of returns around its average expected value. We use Modine Manufacturing price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Modine Manufacturing returns is essential to provide solid investment advice for Modine Manufacturing.
| Mean Return | 0.49 | Value At Risk | -5.16 | Potential Upside | 5.17 | Standard Deviation | 2.88 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Modine Manufacturing historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Modine Stock 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 originates 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 | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 1 M | Driehaus Capital Management Llc | 2023-12-31 | 953.3 K | Amvescap Plc. | 2023-12-31 | 839.9 K | Nuveen Asset Management, Llc | 2023-12-31 | 839 K | Hood River Capital Management Llc | 2023-12-31 | 806.9 K | Hennessy Advisors, Inc. | 2024-03-31 | 714.4 K | Charles Schwab Investment Management Inc | 2023-12-31 | 674.1 K | Gabelli Funds Llc | 2023-12-31 | 650.5 K | Reinhart Mahoney Capital Management Inc | 2024-03-31 | 624 K | Blackrock Inc | 2023-12-31 | 4.3 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 3.8 M |
Modine Manufacturing Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (12M) | (5M) | (70.7M) | (49.4M) | (44.5M) | (42.2M) | |
| Change In Cash | 29.1M | (25.2M) | (700K) | 21.8M | 25.1M | 26.3M | |
| Free Cash Flow | (13.4M) | 117.1M | (28.8M) | 56.8M | 51.1M | 53.7M | |
| Depreciation | 77.1M | 68.6M | 54.8M | 54.5M | 62.7M | 59.0M | |
| Other Non Cash Items | 13.4M | 173.1M | (46M) | 4.8M | 5.5M | 5.2M | |
| Capital Expenditures | 71.3M | 32.7M | 40.3M | 50.7M | 58.3M | 66.7M | |
| Net Income | (2M) | (209.5M) | 86.3M | 153.6M | 138.2M | 145.2M | |
| End Period Cash Flow | 71.3M | 46.1M | 45.4M | 67.2M | 77.3M | 48.3M | |
| Change To Netincome | 21M | 248.5M | (44.1M) | (48.2M) | (55.4M) | (52.7M) | |
| Investments | 800K | (200K) | (5M) | (50.4M) | (45.4M) | (43.1M) | |
| Change Receivables | 36.6M | (17.1M) | (55.6M) | (40.7M) | (36.6M) | (34.8M) | |
| Net Borrowings | 40.1M | (147.3M) | 40.6M | (26.7M) | (24.0M) | (22.8M) |
Modine Manufacturing Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Modine Manufacturing or Automobile Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Modine Manufacturing's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Modine stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.33 | |
β | Beta against NYSE Composite | 1.70 | |
σ | Overall volatility | 2.85 | |
Ir | Information ratio | 0.14 |
Modine Manufacturing Volatility Alert
Modine Manufacturing currently demonstrates below-average downside deviation. It has Information Ratio of 0.14 and Jensen Alpha of 0.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Modine Manufacturing's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Modine Manufacturing's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Modine Manufacturing Fundamentals Vs Peers
Comparing Modine Manufacturing's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Modine Manufacturing's direct or indirect competition across all of the common fundamentals between Modine Manufacturing and the related equities. This way, we can detect undervalued stocks with similar characteristics as Modine Manufacturing or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Modine Manufacturing's fundamental indicators could also be used in its relative valuation, which is a method of valuing Modine Manufacturing by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Modine Manufacturing to competition |
| Fundamentals | Modine Manufacturing | Peer Average |
| Return On Equity | 0.37 | -0.31 |
| Return On Asset | 0.0969 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.10 % | (5.51) % |
| Current Valuation | 4.78 B | 16.62 B |
| Shares Outstanding | 52.21 M | 571.82 M |
| Shares Owned By Insiders | 2.04 % | 10.09 % |
| Shares Owned By Institutions | 99.00 % | 39.21 % |
| Number Of Shares Shorted | 2.6 M | 4.71 M |
| Price To Earning | 9.24 X | 28.72 X |
| Price To Book | 6.63 X | 9.51 X |
| Price To Sales | 1.99 X | 11.42 X |
| Revenue | 2.3 B | 9.43 B |
| Gross Profit | 309.3 M | 27.38 B |
| EBITDA | 205.5 M | 3.9 B |
| Net Income | 153.6 M | 570.98 M |
| Cash And Equivalents | 67.1 M | 2.7 B |
| Cash Per Share | 1.13 X | 5.01 X |
| Total Debt | 352.7 M | 5.32 B |
| Debt To Equity | 0.99 % | 48.70 % |
| Current Ratio | 1.58 X | 2.16 X |
| Book Value Per Share | 13.94 X | 1.93 K |
| Cash Flow From Operations | 107.5 M | 971.22 M |
| Short Ratio | 2.18 X | 4.00 X |
| Earnings Per Share | 4.25 X | 3.12 X |
| Price To Earnings To Growth | 0.70 X | 4.89 X |
| Target Price | 92.2 | |
| Number Of Employees | 11.3 K | 18.84 K |
| Beta | 2.29 | -0.15 |
| Market Capitalization | 4.65 B | 19.03 B |
| Total Asset | 1.57 B | 29.47 B |
| Retained Earnings | 497.5 M | 9.33 B |
| Working Capital | 339.3 M | 1.48 B |
Note: Sale by Christine Yan of 19858 shares of Modine Manufacturing [view details]
Modine Manufacturing Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Modine . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Modine Manufacturing Buy or Sell Advice
When is the right time to buy or sell Modine Manufacturing? Buying financial instruments such as Modine Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 377.8M | 352.7M | 405.6M | 425.9M | Total Assets | 1.4B | 1.6B | 1.8B | 962.5M |
Use Investing Ideas to Build Portfolios
In addition to having Modine Manufacturing in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Retail Thematic Idea Now
Retail
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Retail Theme or any other thematic opportunities.
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Check out Modine Manufacturing Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Modine Stock analysis
When running Modine Manufacturing's price analysis, check to measure Modine Manufacturing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Modine Manufacturing is operating at the current time. Most of Modine Manufacturing's value examination focuses on studying past and present price action to predict the probability of Modine Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modine Manufacturing's price. Additionally, you may evaluate how the addition of Modine Manufacturing to your portfolios can decrease your overall portfolio volatility.
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Is Modine Manufacturing's industry 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 0.804 | Earnings Share 4.25 | Revenue Per Share 46.185 | Quarterly Revenue Growth 0.003 | Return On Assets 0.0969 |
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.
Please note, there is a significant difference between Modine Manufacturing's value and its price as these two are different measures arrived at by different 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.