Latest news with #AutoTiresTrucks
Yahoo
2 days ago
- Business
- Yahoo
Modine (MOD) Rises Higher Than Market: Key Facts
The latest trading session saw Modine (MOD) ending at $91.93, denoting a +1.37% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.55%. Elsewhere, the Dow gained 0.25%, while the tech-heavy Nasdaq added 0.63%. Heading into today, shares of the heating and cooling products maker had lost 10.59% over the past month, lagging the Auto-Tires-Trucks sector's gain of 2.21% and the S&P 500's gain of 6.29% in that time. Investors will be eagerly watching for the performance of Modine in its upcoming earnings disclosure. The company is expected to report EPS of $0.99, down 4.81% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $652.06 million, indicating a 1.43% downward movement from the same quarter last year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.51 per share and a revenue of $2.71 billion, signifying shifts of +11.36% and +4.84%, respectively, from the last year. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Modine. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.11% lower. Modine is currently a Zacks Rank #3 (Hold). From a valuation perspective, Modine is currently exchanging hands at a Forward P/E ratio of 20.13. This represents a premium compared to its industry's average Forward P/E of 12.2. We can also see that MOD currently has a PEG ratio of 0.59. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Automotive - Original Equipment industry currently had an average PEG ratio of 1.25 as of yesterday's close. The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 139, this industry ranks in the bottom 44% of all industries, numbering over 250. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Modine Manufacturing Company (MOD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
24-05-2025
- Automotive
- Yahoo
Has Rivian Automotive (RIVN) Outpaced Other Auto-Tires-Trucks Stocks This Year?
The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Rivian Automotive (RIVN) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question. Rivian Automotive is a member of the Auto-Tires-Trucks sector. This group includes 103 individual stocks and currently holds a Zacks Sector Rank of #14. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Rivian Automotive is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for RIVN's full-year earnings has moved 8.4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Our latest available data shows that RIVN has returned about 19.6% since the start of the calendar year. Meanwhile, stocks in the Auto-Tires-Trucks group have lost about 10.5% on average. This means that Rivian Automotive is performing better than its sector in terms of year-to-date returns. Xos, Inc. (XOS) is another Auto-Tires-Trucks stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 2.5%. For Xos, Inc. the consensus EPS estimate for the current year has increased 5% over the past three months. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Rivian Automotive belongs to the Automotive - Domestic industry, a group that includes 16 individual companies and currently sits at #223 in the Zacks Industry Rank. Stocks in this group have lost about 15.2% so far this year, so RIVN is performing better this group in terms of year-to-date returns. Xos, Inc. is also part of the same industry. Going forward, investors interested in Auto-Tires-Trucks stocks should continue to pay close attention to Rivian Automotive and Xos, Inc. as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report Xos, Inc. (XOS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
