Options activity for Modine Manufacturing (MOD, Financial) is significantly elevated ahead of its earnings release, with trading volume running at 1.6 times the usual level. The interest in call options outpaces that for puts by a ratio of 9:2. Market participants are bracing for a potential stock price movement of approximately 8.1%, or $8.55, following the results. Historically, the stock has experienced a median move of 7.0% over the last eight earnings reports.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Modine Manufacturing Co (MOD, Financial) is $130.85 with a high estimate of $155.00 and a low estimate of $96.11. The average target implies an upside of 25.34% from the current price of $104.40. More detailed estimate data can be found on the Modine Manufacturing Co (MOD) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Modine Manufacturing Co's (MOD, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Modine Manufacturing Co (MOD, Financial) in one year is $47.34, suggesting a downside of 54.66% from the current price of $104.4. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Modine Manufacturing Co (MOD) Summary page.
