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Should Value Investors Buy Modine Manufacturing (MOD) Stock?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company value investors might notice is Modine Manufacturing (MOD - Free Report) . MOD is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock holds a P/E ratio of 9.68, while its industry has an average P/E of 21.25. Over the past 52 weeks, MOD's Forward P/E has been as high as 10.94 and as low as 4.54, with a median of 7.71.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. MOD has a P/S ratio of 0.55. This compares to its industry's average P/S of 0.79.
Finally, we should also recognize that MOD has a P/CF ratio of 10.41. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 38.48. Within the past 12 months, MOD's P/CF has been as high as 11.08 and as low as 2.89, with a median of 4.98.
These are just a handful of the figures considered in Modine Manufacturing's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that MOD is an impressive value stock right now.
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Should Value Investors Buy Modine Manufacturing (MOD) Stock?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company value investors might notice is Modine Manufacturing (MOD - Free Report) . MOD is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock holds a P/E ratio of 9.68, while its industry has an average P/E of 21.25. Over the past 52 weeks, MOD's Forward P/E has been as high as 10.94 and as low as 4.54, with a median of 7.71.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. MOD has a P/S ratio of 0.55. This compares to its industry's average P/S of 0.79.
Finally, we should also recognize that MOD has a P/CF ratio of 10.41. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 38.48. Within the past 12 months, MOD's P/CF has been as high as 11.08 and as low as 2.89, with a median of 4.98.
These are just a handful of the figures considered in Modine Manufacturing's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that MOD is an impressive value stock right now.