NYSE:MOD - Modine Manufacturing Stock Price, News, & Analysis

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$11.83 +0.04 (+0.34 %)
(As of 12/13/2018 04:48 AM ET)
Previous Close$11.79
Today's Range$11.81 - $12.20
52-Week Range$11.35 - $25.75
Volume167,359 shs
Average Volume291,738 shs
Market Capitalization$589.06 million
P/E Ratio7.68
Dividend YieldN/A
Beta1.67
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications primarily in the United States. The company operates through Americas, Europe, Asia, Commercial and Industrial Solutions, and Building HVAC segments. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers; component assemblies; radiators for special applications; on-engine cooling products comprising exhaust gas recirculation, engine oil, fuel, and charge and intake air coolers; and chillers and cooling plates for battery thermal management. The company also provides heat-exchanger and microchannel Coils; unit, fluid, transformer oil, and brine coolers, as well as remote condensers; and coatings to protect against corrosion. In addition, it offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; hydronic products, such as commercial fin-tube radiation, cabinet unit heaters, and convectors; roof-mounted direct- and indirect-fired makeup air units; commercial packaged rooftop ventilation units; unit ventilators; single packaged vertical units; precision air conditioning units for data center applications; air-handling units; chillers; ceiling cassettes; hybrid fan coils; and condensing units. It primarily serves automobile, truck, bus, and specialty vehicle OEMs; agricultural, industrial, and construction equipment OEMs; commercial and industrial equipment OEMs; heating, ventilation, and cooling OEMs; construction architects and contractors; and wholesalers of heating equipment. The company also exports its products. Modine Manufacturing Company was founded in 1916 and is headquartered in Racine, Wisconsin.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
Current SymbolNYSE:MOD
Previous Symbol
CUSIP60782810
Phone262-636-1200

Debt

Debt-to-Equity Ratio0.70
Current Ratio1.25
Quick Ratio0.85

Price-To-Earnings

Trailing P/E Ratio7.68
Forward P/E Ratio7.58
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.10 billion
Price / Sales0.29
Cash Flow$3.1379 per share
Price / Cash Flow3.77
Book Value$9.88 per share
Price / Book1.20

Profitability

EPS (Most Recent Fiscal Year)$1.54
Net Income$22.20 million
Net Margins2.27%
Return on Equity16.57%
Return on Assets5.30%

Miscellaneous

Employees11,700
Outstanding Shares50,690,000
Market Cap$589.06 million
OptionableOptionable

Modine Manufacturing (NYSE:MOD) Frequently Asked Questions

What is Modine Manufacturing's stock symbol?

Modine Manufacturing trades on the New York Stock Exchange (NYSE) under the ticker symbol "MOD."

How will Modine Manufacturing's stock buyback program work?

Modine Manufacturing declared that its Board of Directors has initiated a stock buyback plan on Tuesday, October 30th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 8.4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

How were Modine Manufacturing's earnings last quarter?

Modine Manufacturing Co. (NYSE:MOD) released its earnings results on Tuesday, October, 30th. The auto parts company reported $0.35 EPS for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.11. The auto parts company earned $548.90 million during the quarter, compared to analysts' expectations of $516.95 million. Modine Manufacturing had a return on equity of 16.57% and a net margin of 2.27%. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.36 EPS. View Modine Manufacturing's Earnings History.

When is Modine Manufacturing's next earnings date?

Modine Manufacturing is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Modine Manufacturing.

What guidance has Modine Manufacturing issued on next quarter's earnings?

Modine Manufacturing updated its FY19 earnings guidance on Tuesday, October, 30th. The company provided earnings per share (EPS) guidance of $1.50-1.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.53. The company issued revenue guidance of $2.17-2.27 billion, compared to the consensus revenue estimate of $2.24 billion.

Has Modine Manufacturing been receiving favorable news coverage?

News headlines about MOD stock have trended neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Modine Manufacturing earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave media stories about the auto parts company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the next few days.

Who are some of Modine Manufacturing's key competitors?

Who are Modine Manufacturing's key executives?

Modine Manufacturing's management team includes the folowing people:
  • Mr. Thomas A. Burke, Pres, CEO & Director (Age 61)
  • Mr. Michael B. Lucareli, CFO, Chief Accounting Officer & VP of Fin. (Age 49)
  • Mr. Thomas F. Marry, Exec. VP & COO (Age 57)
  • Mr. Dennis P. Appel, VP of Commercial & Industrial Solutions (Age 43)
  • Mr. Scott D. Wollenberg, VP of R&D and CTO (Age 49)

Who are Modine Manufacturing's major shareholders?

Modine Manufacturing's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.54%), Dimensional Fund Advisors LP (8.34%), Frontier Capital Management Co. LLC (8.29%), BlackRock Inc. (8.18%), LSV Asset Management (3.20%) and Gamco Investors INC. ET AL (3.09%). Company insiders that own Modine Manufacturing stock include Holger Schwab, Larry Oscar Moore, Marsha C Williams, Matthew J Mcburney, Scott D Wollenberg, Scott L Bowser, Suresh V Garimella, Thomas Andrew Burke and Thomas F Marry. View Institutional Ownership Trends for Modine Manufacturing.

Which major investors are selling Modine Manufacturing stock?

MOD stock was sold by a variety of institutional investors in the last quarter, including Penn Capital Management Co. Inc., AQR Capital Management LLC, Wells Fargo & Company MN, Phocas Financial Corp., First Trust Advisors LP, Allianz Asset Management GmbH, Hsbc Holdings PLC and Russell Investments Group Ltd.. Company insiders that have sold Modine Manufacturing company stock in the last year include Holger Schwab, Larry Oscar Moore, Marsha C Williams, Matthew J Mcburney, Scott D Wollenberg, Scott L Bowser, Suresh V Garimella and Thomas F Marry. View Insider Buying and Selling for Modine Manufacturing.

Which major investors are buying Modine Manufacturing stock?

MOD stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Assenagon Asset Management S.A., TIAA CREF Investment Management LLC, Renaissance Technologies LLC, Frontier Capital Management Co. LLC, Gamco Investors INC. ET AL, Tygh Capital Management Inc. and Vanguard Group Inc.. View Insider Buying and Selling for Modine Manufacturing.

How do I buy shares of Modine Manufacturing?

Shares of MOD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Modine Manufacturing's stock price today?

One share of MOD stock can currently be purchased for approximately $11.83.

How big of a company is Modine Manufacturing?

Modine Manufacturing has a market capitalization of $589.06 million and generates $2.10 billion in revenue each year. The auto parts company earns $22.20 million in net income (profit) each year or $1.54 on an earnings per share basis. Modine Manufacturing employs 11,700 workers across the globe.

What is Modine Manufacturing's official website?

The official website for Modine Manufacturing is http://www.modine.com.

How can I contact Modine Manufacturing?

Modine Manufacturing's mailing address is 1500 DEKOVEN AVE, RACINE WI, 53403. The auto parts company can be reached via phone at 262-636-1200 or via email at [email protected]


MarketBeat Community Rating for Modine Manufacturing (NYSE MOD)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  166 (Vote Outperform)
Underperform Votes:  204 (Vote Underperform)
Total Votes:  370
MarketBeat's community ratings are surveys of what our community members think about Modine Manufacturing and other stocks. Vote "Outperform" if you believe MOD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MOD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2018 by MarketBeat.com Staff

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