Modine Manufacturing Company (NYSE:MOD - Free Report) - Stock analysts at DA Davidson reduced their Q1 2026 earnings estimates for Modine Manufacturing in a research report issued on Friday, July 18th. DA Davidson analyst M. Summerville now forecasts that the auto parts company will post earnings of $0.91 per share for the quarter, down from their prior estimate of $0.99. The consensus estimate for Modine Manufacturing's current full-year earnings is $3.88 per share.
Other equities research analysts have also recently issued research reports about the company. KeyCorp assumed coverage on Modine Manufacturing in a research note on Thursday, June 12th. They issued an "overweight" rating and a $125.00 price target for the company. Oppenheimer boosted their target price on shares of Modine Manufacturing from $121.00 to $122.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 1st. Finally, Wall Street Zen upgraded shares of Modine Manufacturing from a "hold" rating to a "buy" rating in a report on Saturday, June 7th. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of $135.50.
Get Our Latest Stock Report on MOD
Modine Manufacturing Stock Performance
Shares of MOD stock opened at $97.85 on Monday. Modine Manufacturing has a fifty-two week low of $64.79 and a fifty-two week high of $146.84. The stock's 50-day moving average is $96.50 and its two-hundred day moving average is $94.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.78 and a quick ratio of 1.15. The firm has a market cap of $5.14 billion, a P/E ratio of 28.61, a PEG ratio of 0.64 and a beta of 2.04.
Modine Manufacturing (NYSE:MOD - Get Free Report) last issued its earnings results on Tuesday, May 20th. The auto parts company reported $1.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.96 by $0.16. Modine Manufacturing had a net margin of 7.12% and a return on equity of 25.31%. The company had revenue of $647.20 million during the quarter, compared to analyst estimates of $633.13 million. During the same quarter last year, the business posted $0.77 EPS. The company's revenue for the quarter was up 7.2% on a year-over-year basis.
Institutional Investors Weigh In On Modine Manufacturing
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC raised its position in shares of Modine Manufacturing by 63.1% in the first quarter. GAMMA Investing LLC now owns 367 shares of the auto parts company's stock valued at $28,000 after purchasing an additional 142 shares during the period. Versant Capital Management Inc boosted its holdings in shares of Modine Manufacturing by 245.9% during the 1st quarter. Versant Capital Management Inc now owns 422 shares of the auto parts company's stock worth $32,000 after buying an additional 300 shares during the period. Central Pacific Bank Trust Division acquired a new position in Modine Manufacturing in the 1st quarter valued at $46,000. First Horizon Advisors Inc. raised its holdings in Modine Manufacturing by 442.4% in the 1st quarter. First Horizon Advisors Inc. now owns 640 shares of the auto parts company's stock worth $49,000 after acquiring an additional 522 shares during the period. Finally, Maseco LLP acquired a new position in Modine Manufacturing during the 2nd quarter worth $51,000. 95.23% of the stock is currently owned by institutional investors and hedge funds.
Modine Manufacturing Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Modine Manufacturing, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Modine Manufacturing wasn't on the list.
While Modine Manufacturing currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
