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How to Buy Modine Manufacturing Co Stock

Modine Manufacturing Co

Modine Manufacturing Co is a auto part company located in Wisconsin, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker MOD on the NYSE exchange.

Modine Manufacturing Co stock last closed at $106.49, down 8.22% from the previous day, and has increased 186.34% in one year. It has overperformed other stocks in the Auto Parts industry by 1.99 percentage points. Modine Manufacturing Co stock is currently +203.22% from its 52-week low of $35.12, and -9.01% from its 52-week high of $117.04.

At the moment, there are 52.32M MOD shares outstanding. The market cap of MOD is $5.57B. In the last 24 hours, 928,705 MOD shares were traded.

How to Buy Modine Manufacturing Co Stock

Not sure how to invest in Modine Manufacturing Co stock? Here's how.
  1. Choose where to buy Modine Manufacturing Co stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Modine Manufacturing Co stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Pick your method of payment and add your info.
  4. Research Modine Manufacturing Co stock: The Modine Manufacturing Co ticker symbol is MOD. Is Modine Manufacturing Co stock a good investment? Should you buy shares of MOD? How do MOD's underlying business fundamentals look? Do top analysts think Modine Manufacturing Co is a good buy? Why has MOD's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if MOD is a good stock to buy).
  5. Place your MOD trade: Decide if you will purchase MOD shares at the current market price or use a limit order to buy MOD shares at a particular price.
  6. Keep an eye on your MOD position: Create a watchlist to monitor your position in Modine Manufacturing Co shares.

Step 1: Choose where to buy Modine Manufacturing Co stock

You will need an online brokerage account in order to access the NYSE market and buy MOD stock.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to buy MOD today.

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  2. Input your personal details to start a new brokerage account.
  1. Send your information by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've opened your account on the best stock market app for beginners, your next step is to transfer the money for your investment:

Watch the video below for more details transferring money into your new brokerage account.

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Step 4: Research Modine Manufacturing Co stock

After you have chosen the best place to buy Modine Manufacturing Co stock, it's crucial to analyze their stock before you buy, so you can wrap your head around the risk and opportunity.

Modine Manufacturing Co stock quick numbers

MOD Price
$106.49
1w %
1.62%
1y %
186.34%
5y %
645.73%
P/E
34.57x
P/B
7.45x
P/S
2.32x
PEG
1.72x
Revenue
$2.41B
Earnings
$161.50M
Fore. Rev. Growth
8.12%
Fore. Earn. Growth
20.11%
Market Cap
$5.57B
Next Earnings
Jul 31, 2024
Next Dividend
N/A

MOD Overview

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on MOD's stock page.

Is MOD stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge MOD's fair value.

Using relative valuations ratios:

  • MOD may be undervalued based on its P/E ratio of 34.57x, relative to Auto Parts industry P/E ratio of -7.04x
  • MOD could be overvalued based on its P/B ratio of 7.45x, relative to Auto Parts industry P/B ratio of 1.8x
  • MOD may be overvalued based on its PEG ratio of 1.72x

You can do more valuation research on MOD's stock here.

MOD Financials at a glance

Signs that MOD is financially healthy:

  • There are more short-term assets than long-term liabilities on the MOD balance sheet.
  • Total MOD debt is lower than 5 years ago, relative to shareholder equity.
  • MOD's operating cash flow of $214.60M allows it to safely service it's debt of $431.60M.
  • There are more short-term assets than short-term liabilities on the MOD balance sheet.
  • MOD earnings of $236.80M is not enough to cover its interest payments.

Signs that MOD is not financially healthy:

  • MOD has a relatively high debt to equity ratio of 1.47.
  • MOD profit margin of X% has stayed the same in the past year.

Do analysts think it's a good time to buy MOD stock

Out of 4 Wall Street analysts who give ratings on MOD, the consensus analyst rating on MOD is a Strong Buy

Please note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Modine Manufacturing Co stock forecast page.

MOD Momentum

SMA10
108.35
SMA20
103.17
SMA50
100.83
SMA100
96.04
SMA200
75.92
MACD
3.63
MACD Signal
2.85
MACD Histogram
0.78
RSI
54.24
Stochastic %K
80.76
Stochastic %D
83.71
StochRSI %K
68.83
StochRSI %D
84.29

MOD Revenue

Last year, MOD earnings were $161.50M. In the last 5 year, MOD's earnings have grown by 13.02% per year. This was faster than the Auto Parts industry average of 5%.

Last year, MOD revenue was $2.41B. Over the last five year, MOD's revenue has increased by 1.7% per year. This was slower than the Auto Parts industry average of 3.93%.

Dive into MOD's earnings and revenue performance here.

Latest Insiders Trades at MOD

In the last year, insiders at MOD have sold more shares than they have bought.

Brian Jon Agen, VP Human Resources of MOD, was the latest MOD insider to sell. They sold $153,884.00 worth of MOD stock on Jun 6, 2024.

Learn more about who owns MOD stock here.

Does MOD provide a stable income stream?

No, Modine Manufacturing Co doesn't provide an income stream by paying out dividends.

What do other traders have to say about MOD?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Place your MOD trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price limit, use a limit order.

Hit the Open Trade button and eToro will execute the order.

If you want more help investing in stocks on eToro, click the how to video below:

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Step 6: Keep an eye on your MOD position

Now that you own some MOD shares, you'll want to keep up with your new investment.

Add MOD to a watchlist to keep tabs on your MOD stock.

MOD Feed

How to Buy Stock in Modine Manufacturing Co

To reiterate, here are the 6 steps you need to take to buy Modine Manufacturing Co stock right now:

  1. Choose where to buy Modine Manufacturing Co stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Research Modine Manufacturing Co stock
  5. Place your MOD trade
  6. Keep an eye on your MOD position

If you need a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in Modine Manufacturing Co, click below.

NYSE: MOD
$106.49-9.54 (-8.22%)
Updated Jul 17, 2024
Open eToro Account
NYSE: MOD
$106.49-9.54 (-8.22%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Modine Manufacturing Co share?

As of Jul 17, 2024, it costs $106.49 to buy one share of Modine Manufacturing Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.094 shares of MOD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Modine Manufacturing Co stock?

According to 4 Wall Street analysts who monitor Modine Manufacturing Co, their consensus recommendation is to buy Modine Manufacturing Co stock.

What is the best way to buy Modine Manufacturing Co stock?

One way to place an order for Modine Manufacturing Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.