What is DA Davidson's Forecast for MOD Q1 Earnings?

Modine Manufacturing (NYSE:MOD - Free Report) - Investment analysts at DA Davidson issued their Q1 2026 earnings estimates for Modine Manufacturing in a research report issued to clients and investors on Friday, May 23rd. DA Davidson analyst M. Summerville expects that the auto parts company will earn $0.99 per share for the quarter. DA Davidson currently has a "Buy" rating and a $155.00 price objective on the stock. 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 $5.78 EPS.

Modine Manufacturing (NYSE:MOD - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The auto parts company reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.96 by $0.16. Modine Manufacturing had a net margin of 6.31% and a return on equity of 24.25%. The business had revenue of $647.20 million during the quarter, compared to the consensus estimate of $633.13 million. During the same quarter in the prior year, the firm earned $0.77 EPS. The company's revenue for the quarter was up 7.2% compared to the same quarter last year.

Separately, Oppenheimer raised their price target on Modine Manufacturing from $114.00 to $121.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd.

Modine Manufacturing Stock Performance

Shares of NYSE:MOD traded down $0.54 during trading on Monday, hitting $90.96. 77,774 shares of the company traded hands, compared to its average volume of 947,567. The company has a quick ratio of 1.18, a current ratio of 1.87 and a debt-to-equity ratio of 0.38. The business's fifty day moving average is $85.40 and its 200-day moving average is $102.59. The stock has a market capitalization of $4.77 billion, a price-to-earnings ratio of 30.65, a PEG ratio of 0.71 and a beta of 2.08. Modine Manufacturing has a one year low of $64.79 and a one year high of $146.84.

Institutional Trading of Modine Manufacturing

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in shares of Modine Manufacturing by 2.5% in the first quarter. Vanguard Group Inc. now owns 5,187,554 shares of the auto parts company's stock worth $398,145,000 after purchasing an additional 128,587 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Modine Manufacturing by 293.7% in the first quarter. Wellington Management Group LLP now owns 2,468,788 shares of the auto parts company's stock worth $189,479,000 after purchasing an additional 1,841,640 shares during the period. Invesco Ltd. grew its position in Modine Manufacturing by 1.0% in the 4th quarter. Invesco Ltd. now owns 2,012,533 shares of the auto parts company's stock valued at $233,313,000 after buying an additional 20,085 shares in the last quarter. Driehaus Capital Management LLC grew its position in Modine Manufacturing by 2.8% in the 4th quarter. Driehaus Capital Management LLC now owns 1,439,980 shares of the auto parts company's stock valued at $166,937,000 after buying an additional 39,193 shares in the last quarter. Finally, Wasatch Advisors LP increased its stake in Modine Manufacturing by 108.0% during the 4th quarter. Wasatch Advisors LP now owns 1,428,415 shares of the auto parts company's stock valued at $165,596,000 after buying an additional 741,667 shares during the period. 95.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Modine Manufacturing news, Director William A. Wulfsohn acquired 2,530 shares of Modine Manufacturing stock in a transaction dated Monday, March 3rd. The stock was acquired at an average cost of $79.43 per share, for a total transaction of $200,957.90. Following the completion of the transaction, the director now owns 7,277 shares in the company, valued at approximately $578,012.11. This represents a 53.30% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.40% of the company's stock.

Modine Manufacturing announced that its board has approved a share repurchase program on Friday, March 7th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the auto parts company to repurchase up to 2.4% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

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.