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Modine Manufacturing Company (MOD) Is a Trending Stock: Facts to Know Before Betting on It
MODModine Manufacturing pany(MOD) ZACKS·2024-06-12 14:06

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A highe ...