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Modine Manufacturing Company (MOD) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research·
Modine Manufacturing (MOD), a heating and cooling products maker, has been trending on Zacks.com. Despite a -3.5% return over the past month versus the S&P 500's +2.1% gain, the company shows strong fundamentals with expected earnings growth of +38.7% for the current quarter and +53% for the fiscal year. The stock has a Zacks Rank #2 (Buy) rating, trades at a discount to peers (Value Style Score B), and has consistently beaten earnings estimates. Revenue is projected to grow +27% and +21.4% for the current and next fiscal years respectively.
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