Modine Manufacturing (MOD) Stock Price, News & Analysis

Company Overview

Modine Manufacturing Company (NYSE: MOD) is a global leader in thermal management solutions, specializing in the design, engineering and manufacturing of heat transfer products and systems. The company’s offerings include air, liquid and mixed flow heat exchangers, radiators, condensers, charge air coolers and complete climate control systems. Modine serves a broad array of markets such as passenger and commercial vehicles, heavy-duty trucks, off-highway equipment, renewable energy, refrigeration, electronics cooling and building HVAC applications.

Founded in 1945 by Arthur B. Modine, the company has grown from its roots in Racine, Wisconsin into a multi-national enterprise with manufacturing and research facilities spanning North America, Europe, Asia and South America. Through decades of innovation, Modine has introduced advanced thermal technologies such as microchannel heat exchangers and emission control modules, while maintaining a focus on sustainability by developing solutions that improve energy efficiency and reduce environmental impact.

Modine’s product portfolio is organized around core business segments that address vehicle thermal management, power generation, HVAC systems and industrial process cooling. Its automotive solutions help OEMs meet stringent emissions and fuel-efficiency standards, while its industrial offerings support critical processes in data centers, power plants and food refrigeration. The company combines in-house engineering expertise with strategic partnerships to deliver custom-engineered systems tailored to complex thermal challenges.

Under the leadership of President and Chief Executive Officer Richard W. Finocchio, Jr., Modine has pursued a strategy of targeted acquisitions and global expansion to enhance its technological capabilities and extend its market reach. The company continues to invest in research and development to drive innovation in electric vehicle thermal management, thermal energy recovery and sustainable cooling solutions. With a diversified customer base and a presence in over 30 countries, Modine Manufacturing remains committed to delivering reliable, high-performance thermal management products worldwide.

Key Stats

• Today's Range: $99.99 to $100.31
• 50-Day Range: $81.74 to $104.97
• 52-Week Range: $64.79 to $146.84
• Volume: 6,856 shs
• Average Volume: 944,084 shs
• Market Capitalization: $5.23 billion
• P/E Ratio: 29.18
• Dividend Yield: N/A
• Price Target: $135.50
• Consensus Rating: Buy

Modine Manufacturing Stock Analysis - MarketRank™

Modine Manufacturing scored higher than 75% of companies evaluated by MarketBeat, and ranked 25th out of 87 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Modine Manufacturing has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Modine Manufacturing has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 21.39%

Earnings Growth

Earnings for Modine Manufacturing are expected to grow by 21.39% in the coming year, from $3.88 to $4.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Modine Manufacturing is 28.98, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Modine Manufacturing is 28.98, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 23.75.

Price to Earnings Growth Ratio

Modine Manufacturing has a PEG Ratio of 0.65. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Modine Manufacturing has a P/B Ratio of 5.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.44% of the float of Modine Manufacturing has been sold short.

Short Interest Ratio / Days to Cover

Modine Manufacturing has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Modine Manufacturing has recently increased by 11.70%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Modine Manufacturing does not currently pay a dividend.

Dividend Growth

Modine Manufacturing does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.44% of the float of Modine Manufacturing has been sold short.

Short Interest Ratio / Days to Cover

Modine Manufacturing has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Modine Manufacturing has recently increased by 11.70%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.12

News Sentiment

Modine Manufacturing has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Modine Manufacturing this week, compared to 10 articles on an average week.

Search Interest

Only 4 people have searched for MOD on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Modine Manufacturing to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Modine Manufacturing insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.40% of the stock of Modine Manufacturing is held by insiders.

Percentage Held by Institutions

95.23% of the stock of Modine Manufacturing is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MOD Stock Analysis - Frequently Asked Questions

How have MOD shares performed this year?

Modine Manufacturing's stock was trading at $115.93 on January 1st, 2025. Since then, MOD shares have decreased by 14.5% and is now trading at $99.12.

How were Modine Manufacturing's earnings last quarter?

Modine Manufacturing Company (NYSE:MOD) issued its quarterly earnings data on Tuesday, May, 20th. The auto parts company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.16. The business's revenue for the quarter was up 7.2% on a year-over-year basis.
Read the conference call transcript.

Is Modine Manufacturing doing a stock buyback?

Modine Manufacturing's board approved a share repurchase program on Friday, March 7th 2025, which permits the company to buy back $100,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 2.4% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

Who are Modine Manufacturing's major shareholders?

Modine Manufacturing's top institutional shareholders include NBC Securities Inc. (0.02%) and MRA Advisory Group (0.01%). Insiders that own company stock include Michael B Lucareli, Marsha C Williams, Brian Jon Agen, Christopher William Patterson, Larry Oscar Moore and William A Wulfsohn.
View institutional ownership trends.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Modine Manufacturing own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Modine Manufacturing investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and AppLovin (APP).

Company Calendar

• Last Earnings: 5/20/2025
• Today: 7/09/2025
• Next Earnings (Estimated): 7/29/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: AUTO/TRUCK - ORIG
• Sub-Industry: Auto Parts & Equipment
• Current Symbol: NYSE:MOD
• CIK: 67347
• Web: www.modine.com
• Phone: (262) 636-1200
• Fax: 262-636-1424
• Employees: 11,300
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Modine Manufacturing: $135.50
• High Price Target: $155.00
• Low Price Target: $122.00
• Potential Upside/Downside: +36.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.42
• Trailing P/E Ratio: 28.98
• Forward P/E Ratio: 25.55
• P/E Growth: 0.65
• Net Income: $184 million
• Net Margins: 7.12%
• Pretax Margin: 9.83%
• Return on Equity: 25.31%
• Return on Assets: 11.58%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 1.78
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: $2.58 billion
• Price / Sales: 2.01
• Cash Flow: $5.58 per share
• Price / Cash Flow: 17.76
• Book Value: $17.47 per share
• Price / Book: 5.67

Miscellaneous

• Outstanding Shares: 52,390,000
• Free Float: 51,135,000
• Market Cap: $5.19 billion
• Optionable: Optionable
• Beta: 2.04