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

Modine Manufacturing (NYSE:MOD - Free Report) - Equities researchers at DA Davidson issued their Q1 2026 earnings estimates for shares of Modine Manufacturing in a note issued to investors on Friday, May 23rd. DA Davidson analyst M. Summerville anticipates that the auto parts company will post earnings per share of $0.99 for the quarter. DA Davidson 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 released its quarterly earnings results on Tuesday, May 20th. The auto parts company reported $1.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.96 by $0.16. Modine Manufacturing had a return on equity of 24.25% and a net margin of 6.31%. The firm had revenue of $647.20 million for the quarter, compared to analyst estimates of $633.13 million. During the same quarter last year, the company posted $0.77 earnings per share. The business's revenue was up 7.2% on a year-over-year basis.

Separately, Oppenheimer lifted their price objective on shares of Modine Manufacturing from $114.00 to $121.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd.

Modine Manufacturing Stock Performance

Shares of MOD stock traded up $2.78 during midday trading on Monday, hitting $92.59. The company had a trading volume of 1,038,728 shares, compared to its average volume of 952,804. The company's 50 day simple moving average is $85.27 and its 200 day simple moving average is $103.02. Modine Manufacturing has a 52-week low of $64.79 and a 52-week high of $146.84. The stock has a market cap of $4.85 billion, a price-to-earnings ratio of 31.07, a PEG ratio of 0.71 and a beta of 2.08. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.87 and a quick ratio of 1.18.

Modine Manufacturing announced that its Board of Directors has approved a stock 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 purchase up to 2.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

Insider Activity

In other Modine Manufacturing news, Director William A. Wulfsohn acquired 2,530 shares of the stock in a transaction on Monday, March 3rd. The shares were bought at an average price of $79.43 per share, with a total value of $200,957.90. Following the acquisition, the director now owns 7,277 shares of the company's stock, valued at $578,012.11. This trade represents a 53.30% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.40% of the company's stock.

Institutional Investors Weigh In On Modine Manufacturing

A number of institutional investors have recently added to or reduced their stakes in the business. Intech Investment Management LLC boosted its holdings in Modine Manufacturing by 38.8% in the 1st quarter. Intech Investment Management LLC now owns 34,501 shares of the auto parts company's stock valued at $2,648,000 after purchasing an additional 9,646 shares in the last quarter. Zimmer Partners LP purchased a new stake in shares of Modine Manufacturing in the first quarter valued at approximately $768,000. Great Lakes Advisors LLC purchased a new stake in shares of Modine Manufacturing in the first quarter valued at approximately $1,069,000. Front Street Capital Management Inc. boosted its stake in shares of Modine Manufacturing by 0.5% in the first quarter. Front Street Capital Management Inc. now owns 77,930 shares of the auto parts company's stock valued at $5,981,000 after buying an additional 410 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Modine Manufacturing by 26.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,223 shares of the auto parts company's stock valued at $2,857,000 after buying an additional 7,831 shares in the last quarter. Hedge funds and other 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.