Modine Manufacturing Stock Target Price and Analyst Consensus
| MOD Stock | USD 90.76 1.60 1.73% |
The current analyst and expert consensus on Modine Manufacturing is Strong Buy, with 4 strong buy opinions. The current projected Modine Manufacturing target price consensus is 51.25 with 6 analyst opinions. The most common way Modine Manufacturing analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Modine Manufacturing executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Modine Manufacturing. We strongly encourage you to use your own analysis of Modine Manufacturing to validate this buy or sell advice. Modine Manufacturing buy-or-sell recommendation module provides average expert sentiment on the projected Modine Manufacturing target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Modine Manufacturing to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.
Lowest Forecast 46.64 | Highest Forecast 56.89 | Target Price 51.25 |
Modine |
It's important to approach Modine Manufacturing's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Modine Manufacturing Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Modine target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Modine Manufacturing's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 6 | Strong Buy |
Most Modine analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Modine stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Modine Manufacturing, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationModine Manufacturing Target Price Projection
Modine Manufacturing's current and average target prices are 90.76 and 51.25, respectively. The current price of Modine Manufacturing is the price at which Modine Manufacturing is currently trading. On the other hand, Modine Manufacturing's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Modine Manufacturing Market Quote on 16th of April 2024
Target Price
Analyst Consensus On Modine Manufacturing Target Price
Modine Manufacturing Analyst Ratings
Modine Manufacturing's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Modine Manufacturing stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Modine Manufacturing's financials, market performance, and future outlook by experienced professionals. Modine Manufacturing's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Modine Manufacturing price targets
Modine Manufacturing's stock target price is an estimate of its future price, usually made by analysts. Using Modine Manufacturing's target price to determine if it is a suitable investment can be done through the following steps:- Look at Modine Manufacturing's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Modine Manufacturing's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Modine Manufacturing Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Modine Manufacturing is a key component of Modine Manufacturing valuation and have some predictive power on the future returns of a Modine Manufacturing.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Modine Manufacturing's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | USD Crypto Fund Invested one share | |
Check out Macroaxis Advice on Modine Manufacturing to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
The data published in Modine Manufacturing's official financial statements usually reflect Modine Manufacturing's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Modine Manufacturing. For example, before you start analyzing numbers published by Modine accountants, it's critical to develop an understanding of what Modine Manufacturing's liquidity, profitability, and earnings quality are in the context of the Automobile Components space in which it operates.
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. Whatever the case, the imprecision that can be found in Modine Manufacturing's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Modine Manufacturing. Please utilize our Beneish M Score to check the likelihood of Modine Manufacturing's management manipulating its earnings.