Modine (MOD) Stock Looks Below Fair Value Following Its 7x Five Year Run

Modine Manufacturing has given shareholders a wild ride, with a very large five year gain now sitting beside a steep pullback in recent weeks. With the stock at US$98.56 after a sharp reset, the key issue for anyone looking at Modine is whether that price still lines up with what its earnings can support. The share price has surged by roughly 7x over the past 5 years, which puts a lot of weight on the question of how much earnings power the business can sustain. Fresh news on strong growth...