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

$10.10
+0.11 (+1.10 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$9.72
Now: $10.10
$10.19
50-Day Range
$9.78
MA: $13.12
$14.63
52-Week Range
$9.72
Now: $10.10
$18.50
Volume422,000 shs
Average Volume324,932 shs
Market Capitalization$512.58 million
P/E Ratio6.43
Dividend YieldN/A
Beta1.94
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$3.0887 per share
Book Value$10.77 per share

Profitability

Net Income$84.80 million

Miscellaneous

Employees12,200
Market Cap$512.58 million
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 has initiated a share buyback program on Tuesday, October 30th 2018, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 8.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

How were Modine Manufacturing's earnings last quarter?

Modine Manufacturing Co. (NYSE:MOD) announced its earnings results on Wednesday, July, 31st. The auto parts company reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.36 by $0.05. The auto parts company had revenue of $529 million for the quarter, compared to the consensus estimate of $544.88 million. Modine Manufacturing had a net margin of 3.25% and a return on equity of 14.19%. The firm's revenue was down 6.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.41 earnings per share. 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 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.

Has Modine Manufacturing been receiving favorable news coverage?

News articles about MOD stock have trended negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Modine Manufacturing earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave media stories about the auto parts company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Modine Manufacturing.

Are investors shorting Modine Manufacturing?

Modine Manufacturing saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 390,600 shares, a drop of 22.3% from the June 30th total of 502,800 shares. Based on an average trading volume of 248,700 shares, the short-interest ratio is currently 1.6 days. Currently, 0.8% of the shares of the company are short sold. 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 institutional and retail 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, 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 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, Scott D Wollenberg and Suresh V Garimella. 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 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, Scottrade, Fidelity and Charles Schwab.

What is Modine Manufacturing's stock price today?

One share of MOD stock can currently be purchased for approximately $10.10.

How big of a company is Modine Manufacturing?

Modine Manufacturing has a market capitalization of $512.58 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:  193 (Vote Outperform)
Underperform Votes:  243 (Vote Underperform)
Total Votes:  436
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 8/17/2019 by MarketBeat.com Staff

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