Modine Manufacturing Stock Price, News & Analysis (NYSE:MOD)

$10.43
-0.06 (-0.57 %)
(As of 09/23/2019 12:03 PM ET)
Today's Range
$10.35
Now: $10.43
$10.52
50-Day Range
$9.68
MA: $10.53
$11.82
52-Week Range
$9.50
Now: $10.43
$16.67
Volume6,047 shs
Average Volume251,753 shs
Market Capitalization$529.32 million
P/E Ratio6.64
Dividend YieldN/A
Beta2.03
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. Read More…

Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
CUSIP60782810
Phone262-636-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.21 billion
Cash Flow$3.0058 per share
Book Value$10.69 per share

Profitability

Net Income$84.80 million

Miscellaneous

Employees12,200
Market Cap$529.32 million
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

Receive MOD News and Ratings via Email

Sign-up to receive the latest news and ratings for MOD and its competitors with MarketBeat's FREE daily newsletter.


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 announced that its board has initiated a stock repurchase program on Tuesday, October 30th 2018, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 8.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.

How were Modine Manufacturing's earnings last quarter?

Modine Manufacturing Co. (NYSE:MOD) posted its quarterly earnings data on Wednesday, July, 31st. The auto parts company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by $0.05. The auto parts company earned $529 million during the quarter, compared to analyst estimates of $544.88 million. Modine Manufacturing had a return on equity of 14.19% and a net margin of 3.25%. Modine Manufacturing's revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 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, October 29th 2019. View Earnings Estimates for Modine Manufacturing.

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

Modine Manufacturing issued an update on its FY20 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of $1.35-1.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.62. The company issued revenue guidance of down 0-5% to $2.10-2.21 billion, compared to the consensus revenue estimate of $2.18 billion.

What price target have analysts set for MOD?

2 analysts have issued 12 month price objectives for Modine Manufacturing's stock. Their forecasts range from $11.50 to $13.00. On average, they anticipate Modine Manufacturing's stock price to reach $12.25 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price. View Analyst Price Targets for Modine Manufacturing.

What is the consensus analysts' recommendation for Modine Manufacturing?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Modine Manufacturing in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Modine Manufacturing.

Has Modine Manufacturing been receiving favorable news coverage?

Media coverage about MOD stock has trended somewhat negative on Monday, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Modine Manufacturing earned a coverage optimism score of -1.3 on InfoTrie's scale. They also gave media headlines about the auto parts company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Modine Manufacturing.

Are investors shorting Modine Manufacturing?

Modine Manufacturing saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 825,300 shares, an increase of 111.3% from the July 31st total of 390,600 shares. Based on an average daily trading volume, of 267,900 shares, the short-interest ratio is currently 3.1 days. Currently, 1.7% of the shares of the company are sold short. View Modine Manufacturing's Current Options Chain.

Who are some of Modine Manufacturing's key competitors?

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 Tesla (TSLA), Celgene (CELG), General Motors (GM), Twitter (TWTR), Biogen (BIIB), Gilead Sciences (GILD), JetBlue Airways (JBLU), Skyworks Solutions (SWKS), YY (YY) and Abbott Laboratories (ABT).

Who are Modine Manufacturing's key executives?

Modine Manufacturing's management team includes the folowing people:
  • Mr. Thomas A. Burke, Pres, CEO & Director (Age 62)
  • Mr. Michael B. Lucareli, CFO, Chief Accounting Officer & VP of Fin. (Age 50)
  • Mr. Dennis P. Appel, VP of Commercial & Industrial Solutions (Age 44)
  • Mr. Thomas F. Marry, Adviser (Age 58)
  • Mr. Scott L. Bowser, VP & COO (Age 55)

Who are Modine Manufacturing's major shareholders?

Modine Manufacturing's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.89%), BlackRock Inc. (7.13%), LSV Asset Management (3.23%), Gamco Investors INC. ET AL (3.09%), Parametric Portfolio Associates LLC (2.00%) and Northern Trust Corp (1.95%). Company insiders that own Modine Manufacturing stock include Dennis P Appel, 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 Institutional Ownership Trends for Modine Manufacturing.

Which institutional investors are selling Modine Manufacturing stock?

MOD stock was sold by a variety of institutional investors in the last quarter, including Keeley Teton Advisors LLC, BlackRock Inc., Tygh Capital Management Inc., Wells Fargo & Company MN, Public Employees Retirement System of Ohio, Penn Capital Management Co. Inc., Prudential Financial Inc. and Wedge Capital Management L L P NC. Company insiders that have sold Modine Manufacturing company stock in the last year include Larry Oscar Moore, Matthew J Mcburney and Scott D Wollenberg. View Insider Buying and Selling for Modine Manufacturing.

Which institutional investors are buying Modine Manufacturing stock?

MOD stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Parametric Portfolio Associates LLC, Renaissance Technologies LLC, Panagora Asset Management Inc., Citadel Advisors LLC, Connor Clark & Lunn Investment Management Ltd., Charles Schwab Investment Management Inc. and Zebra Capital Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Modine Manufacturing's stock price today?

One share of MOD stock can currently be purchased for approximately $10.43.

How big of a company is Modine Manufacturing?

Modine Manufacturing has a market capitalization of $529.32 million and generates $2.21 billion in revenue each year. The auto parts company earns $84.80 million in net income (profit) each year or $1.57 on an earnings per share basis. Modine Manufacturing employs 12,200 workers across the globe.View Additional Information About Modine Manufacturing.

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:  201 (Vote Outperform)
Underperform Votes:  247 (Vote Underperform)
Total Votes:  448
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 9/23/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel