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Are Investors Undervaluing Modine Manufacturing (MOD) Right Now?
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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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Modine Manufacturing (MOD - Free Report) . MOD is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.
MOD is also sporting a PEG ratio of 0.62. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. MOD's industry currently sports an average PEG of 0.91. MOD's PEG has been as high as 1.56 and as low as 0.59, with a median of 0.85, all within the past year.
Finally, investors will want to recognize that MOD has a P/CF ratio of 4.14. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. MOD's P/CF compares to its industry's average P/CF of 15.38. Over the past year, MOD's P/CF has been as high as 5.01 and as low as -6.77, with a median of -4.33.
These are only a few of the key metrics included in Modine Manufacturing's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, MOD looks like an impressive value stock at the moment.
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Are Investors Undervaluing Modine Manufacturing (MOD) Right Now?
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.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Modine Manufacturing (MOD - Free Report) . MOD is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.
MOD is also sporting a PEG ratio of 0.62. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. MOD's industry currently sports an average PEG of 0.91. MOD's PEG has been as high as 1.56 and as low as 0.59, with a median of 0.85, all within the past year.
Finally, investors will want to recognize that MOD has a P/CF ratio of 4.14. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. MOD's P/CF compares to its industry's average P/CF of 15.38. Over the past year, MOD's P/CF has been as high as 5.01 and as low as -6.77, with a median of -4.33.
These are only a few of the key metrics included in Modine Manufacturing's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, MOD looks like an impressive value stock at the moment.