What is DA Davidson's Estimate for MOD FY2026 Earnings?

Key Points

• DA Davidson has upgraded its earnings per share (EPS) forecast for Modine Manufacturing from $4.55 to $4.78 for FY2026, with an anticipated EPS of $6.20 for FY2027.
• KeyCorp raised its price target for Modine from $125.00 to $150.00, maintaining an "overweight" rating, while Wall Street Zen downgraded the stock from "buy" to "hold."
• Modine reported a quarterly EPS of $1.06, exceeding expectations of $0.93, and recorded a revenue increase of 3.2% compared to the same quarter last year.

Modine Manufacturing Company (NYSE:MOD - Free Report) - DA Davidson increased their FY2026 earnings per share estimates for Modine Manufacturing in a report released on Monday, August 4th. DA Davidson analyst M. Summerville now forecasts that the auto parts company will post earnings of $4.78 per share for the year, up from their prior forecast of $4.55. The consensus estimate for Modine Manufacturing's current full-year earnings is $3.88 per share. DA Davidson also issued estimates for Modine Manufacturing's FY2027 earnings at $6.20 EPS.

A number of other research analysts have also commented on MOD. Oppenheimer upped their target price on Modine Manufacturing from $121.00 to $122.00 and gave the company an "outperform" rating in a research note on Tuesday, July 1st. Wall Street Zen lowered Modine Manufacturing from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. Finally, KeyCorp increased their price objective on Modine Manufacturing from $125.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st.

Modine Manufacturing Stock Performance

Shares of NYSE MOD traded up $1.46 during trading hours on Tuesday, reaching $136.61. The stock had a trading volume of 680,544 shares, compared to its average volume of 1,449,437. The business's fifty day moving average is $102.86 and its two-hundred day moving average is $93.73. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.28. The company has a market cap of $7.17 billion, a price-to-earnings ratio of 39.14, a PEG ratio of 0.86 and a beta of 2.12. Modine Manufacturing has a twelve month low of $64.79 and a twelve month high of $146.84.

Modine Manufacturing (NYSE:MOD - Get Free Report) last issued its earnings results on Wednesday, July 30th. The auto parts company reported $1.06 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.13. The business had revenue of $682.80 million during the quarter, compared to analyst estimates of $653.80 million. Modine Manufacturing had a return on equity of 23.90% and a net margin of 7.21%. Modine Manufacturing's revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.04 earnings per share.

Insider Buying and Selling at Modine Manufacturing

In other news, VP Brian Jon Agen sold 47,939 shares of the stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $110.50, for a total transaction of $5,297,259.50. Following the sale, the vice president owned 90,015 shares in the company, valued at approximately $9,946,657.50. This represents a 34.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael B. Lucareli sold 80,661 shares of the stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $128.33, for a total value of $10,351,226.13. Following the sale, the executive vice president owned 66,920 shares in the company, valued at $8,587,843.60. The trade was a 54.66% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 174,800 shares of company stock valued at $21,991,034 over the last quarter. Corporate insiders own 2.48% of the company's stock.

Institutional Trading of Modine Manufacturing

Several large investors have recently made changes to their positions in the business. Westwood Holdings Group Inc. bought a new stake in shares of Modine Manufacturing during the second quarter worth $21,518,000. Cetera Investment Advisers boosted its holdings in Modine Manufacturing by 17.1% in the second quarter. Cetera Investment Advisers now owns 15,837 shares of the auto parts company's stock valued at $1,560,000 after acquiring an additional 2,317 shares during the last quarter. Creative Planning boosted its holdings in Modine Manufacturing by 8.3% in the second quarter. Creative Planning now owns 16,957 shares of the auto parts company's stock valued at $1,670,000 after acquiring an additional 1,299 shares during the last quarter. SG Americas Securities LLC bought a new position in Modine Manufacturing in the second quarter valued at about $547,000. Finally, Fiera Capital Corp boosted its holdings in Modine Manufacturing by 1.7% in the second quarter. Fiera Capital Corp now owns 247,250 shares of the auto parts company's stock valued at $24,354,000 after acquiring an additional 4,123 shares during the last quarter. Institutional investors own 95.23% of the company's stock.

Modine Manufacturing Company Profile

Modine Manufacturing Company provides thermal management products and solutions in the United States, Italy, Hungary, China, the United Kingdom, and internationally. It operates through Climate Solutions and Performance Technologies segments. The company offers heat transfer coils, including heat recovery and round tube plate fin coils; gas-fired, hydronic, electric and oilfired unit heaters; roof-mounted direct- and indirect-fired makeup air units; duct furnaces; infrared units; perimeter heating products; single packaged unit ventilators; modular chillers; air handler and condensing units; ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers.