With 1.97 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.19 million shares. The 52-week range on MOD shows that it touched its highest point at $146.84 and its lowest point at $75.82 during that stretch. It currently has a 1-year price target of $148.00. Beta for the stock currently stands at 2.20.
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 -9.48%, but this was down by -22.99% over a month. Three-month performance dropped to -41.42% while six-month performance fell -32.59%. The stock lost -12.91% in the past year, while it has lost -32.61% so far this year. A look at the trailing 12-month EPS for MOD yields 2.97 with Next year EPS estimates of 4.73. For the next quarter, that number is 0.96. This implies an EPS growth rate of 19.57% for this year and 21.80% for next year. EPS is expected to grow by 22.30% 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 51.53 million shares on hand for trading.
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.
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 $1.17 and the low estimate is $1.16. The average estimate for the next quarter is thus $1.16.
Summary of Insider Activity:
Insiders traded MOD stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
