With 0.17 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.66 million shares. During the session, the Auto Parts company that operates in wider Consumer Cyclical sector, reached to the highest price of $118.62 whereas the lowest price it dropped to was $116.0. The 52-week range on MOD shows that it touched its highest point at $146.84 and its lowest point at $57.19 during that stretch. It currently has a 1-year price target of $148.00. MOD paid its most recent dividend on 1227052800, while the ex-dividend date for that was 1227052800. Beta for the stock currently stands at 2.33.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MOD was down-trending over the past week, with a drop of -7.12%, but this was down by -17.20% over a month. Three-month performance dropped to -11.32% while six-month performance rose 23.10%. The stock gained 102.11% in the past year, while it has gained 98.63% so far this year. A look at the trailing 12-month EPS for MOD yields 3.05 with Next year EPS estimates of 4.74. For the next quarter, that number is 0.79. This implies an EPS growth rate of 17.80% for this year and 23.82% for next year. EPS is expected to grow by 22.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.90%.
Float and Shares Shorts:
At present, 52.50 million MOD shares are outstanding with a float of 51.43 million shares on hand for trading. On 2024-11-29, short shares totaled 3.6 million, which was 686.0 higher than short shares on 1730332800. In addition to Mr. Neil D. Brinker as the firm’s President, CEO & Director, Mr. Michael B. Lucareli C.F.A. serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 1.05798 of MOD’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, MOD reported revenue of $658000000.0 and operating income of $79800000.0. The EBITDA in the recently reported quarter was $99500000.0 and diluted EPS was $0.86.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MOD since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MOD analysts setting a high price target of 155.0 and a low target of 135.0, the average target price over the next 12 months is 147.35333. Based on these targets, MOD could surge 30.71% to reach the target high and rise by 13.85% to reach the target low. Reaching the average price target will result in a growth of 24.26% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.27174 being high and $3.18251 being low. For MOD, this leads to a yearly average estimate of $3.242. Based on analyst estimates, the high estimate for the next quarter is $1.07 and the low estimate is $0.95. The average estimate for the next quarter is thus $1.03.
