S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
NYSE:MOD

Modine Manufacturing - MOD Stock Forecast, Price & News

$14.82
+0.30 (+2.07%)
(As of 08/5/2022 08:49 PM ET)
Add
Compare
Today's Range
$14.01
$14.89
50-Day Range
$10.34
$14.82
52-Week Range
$7.67
$14.94
Volume
687,800 shs
Average Volume
265,500 shs
Market Capitalization
$770.24 million
P/E Ratio
8.01
Dividend Yield
N/A
Price Target
$18.00

Modine Manufacturing MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
21.5% Upside
$18.00 Price Target
Short Interest
Healthy
2.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.25mentions of Modine Manufacturing in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$56,075 Sold Last Quarter
Proj. Earnings Growth
33.95%
From $1.62 to $2.17 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.74 out of 5 stars

Auto/Tires/Trucks Sector

17th out of 131 stocks

Motor Vehicle Parts & Accessories Industry

8th out of 44 stocks

MOD stock logo

About Modine Manufacturing (NYSE:MOD) Stock

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. It operates through Climate Solutions and Performance Technologies segments. The company offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; perimeter heating products, such as commercial fin-tube radiation, cabinet unit heaters, and convectors; roof-mounted direct- and indirect-fired makeup air units; unit ventilators; single packaged vertical units; precision air conditioning units for data center applications; air handler units; fan walls; chillers; ceiling cassettes; hybrid fan coils; and condensers and condensing units. It also provides microchannel, heat recovery, round tube plate fin, and motor and generator cooling coils; evaporator unit, fluid, transformer oil, gas, air blast, and dry and brine coolers, as well as remote condensers; and coatings to protect against corrosion. In addition, the company offers powertrain cooling products, including engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products comprising exhaust gas recirculation, engine oil, fuel, charge air, and intake air coolers; auxiliary cooling products, such as transmission and retarder oil coolers, and power steering coolers; and complete battery thermal management systems and electronics cooling packages. It serves heating, ventilation, and cooling OEMs; construction architects and contractors; wholesalers of heating equipment; automobile, truck, bus, and specialty vehicle OEMs; agricultural, industrial, and construction equipment OEMs; and commercial and industrial equipment OEMs. The company has operations in North America, South America, Europe, and Asia. Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wisconsin.

Modine Manufacturing Trading Up 2.1 %

MOD traded up $0.30 during mid-day trading on Friday, reaching $14.82. The stock had a trading volume of 687,899 shares, compared to its average volume of 253,011. The stock has a market capitalization of $770.20 million, a P/E ratio of 8.01, a P/E/G ratio of 0.37 and a beta of 2.34. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.96 and a current ratio of 1.53. The firm's fifty day simple moving average is $11.64 and its two-hundred day simple moving average is $9.99. Modine Manufacturing has a 52 week low of $7.67 and a 52 week high of $14.94.

Modine Manufacturing (NYSE:MOD - Get Rating) last announced its quarterly earnings data on Wednesday, May 25th. The auto parts company reported $0.57 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.08. The firm had revenue of $574.40 million for the quarter. Modine Manufacturing had a return on equity of 16.92% and a net margin of 4.64%. During the same quarter in the previous year, the business posted $0.51 earnings per share. On average, equities analysts predict that Modine Manufacturing will post 1.62 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Modine Manufacturing from a "buy" rating to a "strong-buy" rating in a research report on Friday.

Insider Buying and Selling at Modine Manufacturing

In other news, CFO Michael B. Lucareli sold 3,783 shares of the stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $11.94, for a total value of $45,169.02. Following the transaction, the chief financial officer now owns 274,572 shares of the company's stock, valued at approximately $3,278,389.68. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 3.06% of the company's stock.

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MOD Stock News Headlines

Modine Manufacturing Tops Q2 EPS by 20c
Modine Reports First Quarter Fiscal 2023 Results
Modine (MOD) Q1 Earnings and Revenues Top Estimates
Modine Manufacturing earnings preview: what to expect
Modine Manufacturing MOD Investment Report
Modine's Outperformance Can Continue
Modine Manufacturing (MOD) Trading Report
Modine Reports Fourth Quarter Fiscal 2022 Results
Modine Manufacturing earnings: here's what Wall Street expects
See More Headlines
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MOD Company Calendar

Last Earnings
5/25/2022
Today
8/07/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Auto Parts & Equipment
CUSIP
60782810
Employees
11,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$18.00
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+21.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$85.20 million
Pretax Margin
5.53%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$2.30 per share
Book Value
$8.82 per share

Miscellaneous

Free Float
50,383,000
Market Cap
$770.24 million
Optionable
Optionable
Beta
2.34

Key Executives

  • Mr. Neil D. Brinker (Age 46)
    Pres, CEO & Director
    Comp: $865.54k
  • Mr. Michael B. Lucareli (Age 53)
    Exec. VP & CFO
    Comp: $535.71k
  • Ms. Sylvia Ann Stein J.D. (Age 56)
    VP, Gen. Counsel, Sec. & Chief Compliance Officer
    Comp: $394.99k
  • Mr. Brian Jon Agen (Age 52)
    VP of HR
    Comp: $369.07k
  • Mr. Eric S. McGinnis (Age 51)
    Pres of Climate Solutions
    Comp: $296.66k
  • Mr. Thomas P. Drahos
    VP of Global Operations
  • Ms. Kathleen T. Powers (Age 54)
    VP of Investor Relations & Tax and Treasurer
  • Mr. Adrian Ian Peace (Age 55)
    Pres of Performance Technologies
  • Mr. Mark D. Hudson (Age 50)
    VP & Corp. Controller
  • Mr. Thomas F. Marry (Age 61)
    Adviser













MOD Stock - Frequently Asked Questions

Should I buy or sell Modine Manufacturing stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Modine Manufacturing in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Modine Manufacturing stock.
View analyst ratings for Modine Manufacturing
or view top-rated stocks.

What is Modine Manufacturing's stock price forecast for 2022?

1 brokerages have issued twelve-month price objectives for Modine Manufacturing's stock. Their MOD stock forecasts range from $18.00 to $18.00. On average, they expect Modine Manufacturing's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price.
View analysts' price targets for Modine Manufacturing
or view top-rated stocks among Wall Street analysts.

How has Modine Manufacturing's stock performed in 2022?

Modine Manufacturing's stock was trading at $10.09 at the beginning of the year. Since then, MOD shares have increased by 46.9% and is now trading at $14.82.
View the best growth stocks for 2022 here
.

When is Modine Manufacturing's next earnings date?

Modine Manufacturing is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our earnings forecast for Modine Manufacturing
.

How were Modine Manufacturing's earnings last quarter?

Modine Manufacturing (NYSE:MOD) released its quarterly earnings data on Wednesday, May, 25th. The auto parts company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.08. The auto parts company had revenue of $574.40 million for the quarter. Modine Manufacturing had a net margin of 4.64% and a trailing twelve-month return on equity of 16.92%. During the same period last year, the company earned $0.51 earnings per share.

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

Modine Manufacturing updated its FY 2023 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.17 billion-$2.30 billion, compared to the consensus revenue estimate of $2.23 billion.

What is Mick Lucareli's approval rating as Modine Manufacturing's CEO?

4 employees have rated Modine Manufacturing CEO Mick Lucareli on Glassdoor.com. Mick Lucareli has an approval rating of 100% among Modine Manufacturing's employees. This puts Mick Lucareli in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Modine Manufacturing own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Modine Manufacturing investors own include CVS Health (CVS), Gilead Sciences (GILD), Tesla (TSLA), Bank of America (BAC), Biogen (BIIB), Energy Transfer (ET), Altria Group (MO), Occidental Petroleum (OXY), AT&T (T) and Verizon Communications (VZ).

What is Modine Manufacturing's stock symbol?

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

Who are Modine Manufacturing's major shareholders?

Modine Manufacturing's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (6.65%), Paradigm Capital Management Inc. NY (4.93%), Royce & Associates LP (3.78%), Wedge Capital Management L L P NC (1.26%), Monarch Partners Asset Management LLC (0.84%) and Russell Investments Group Ltd. (0.47%). Company insiders that own Modine Manufacturing stock include Brian Jon Agen, Hanna Julian, Matthew J Mcburney, Michael B Lucareli and Thomas Andrew Burke.
View institutional ownership trends for Modine Manufacturing
.

How do I buy shares of Modine Manufacturing?

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

What is Modine Manufacturing's stock price today?

One share of MOD stock can currently be purchased for approximately $14.82.

How much money does Modine Manufacturing make?

Modine Manufacturing (NYSE:MOD) has a market capitalization of $770.24 million and generates $2.05 billion in revenue each year. The auto parts company earns $85.20 million in net income (profit) each year or $1.85 on an earnings per share basis.

How many employees does Modine Manufacturing have?

Modine Manufacturing employs 11,100 workers across the globe.

How can I contact Modine Manufacturing?

Modine Manufacturing's mailing address is 1500 DEKOVEN AVE, RACINE WI, 53403. The official website for Modine Manufacturing is www.modine.com. The auto parts company can be reached via phone at (262) 636-1200, via email at k.t.powers@na.modine.com, or via fax at 262-636-1424.

This page (NYSE:MOD) was last updated on 8/8/2022 by MarketBeat.com Staff

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