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

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$12.93 -0.46 (-3.44 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$12.93
Today's Range$12.86 - $13.25
52-Week Range$9.75 - $20.30
Volume231,066 shs
Average Volume158,225 shs
Market Capitalization$654.65 million
P/E Ratio8.40
Dividend YieldN/A
Beta1.97
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

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$2.10 billion
Cash Flow$3.0786 per share
Book Value$9.88 per share

Profitability

Net Income$22.20 million

Miscellaneous

Employees11,700
Market Cap$654.65 million
Next Earnings Date5/22/2019 (Confirmed)
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 approved a share repurchase program on Tuesday, October 30th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.4% of its shares through open market purchases. Shares buyback programs are usually a sign 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) issued its quarterly earnings data on Tuesday, October, 30th. The auto parts company reported $0.35 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.11. The auto parts company earned $548.90 million during the quarter, compared to the consensus estimate of $516.95 million. Modine Manufacturing had a net margin of 4.32% and a return on equity of 16.34%. The business'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 posted $0.36 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 Wednesday, May 22nd 2019. View Earnings Estimates for Modine Manufacturing.

How can I listen to Modine Manufacturing's earnings call?

Modine Manufacturing will be holding an earnings conference call on Thursday, May 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Has Modine Manufacturing been receiving favorable news coverage?

News headlines about MOD stock have been trending somewhat positive on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Modine Manufacturing earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned news coverage about the auto parts company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company's share price in the next few days.

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 Celgene (CELG), Tesla (TSLA), NVIDIA (NVDA), Twitter (TWTR), Union Pacific (UNP), Axon Enterprise (AAXN), Baidu (BIDU), Biogen (BIIB), Five Below (FIVE) and Gilead Sciences (GILD).

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 investors include Dimensional Fund Advisors LP (8.39%), Frontier Capital Management Co. LLC (8.24%), BlackRock Inc. (7.43%), LSV Asset Management (3.21%), Gamco Investors INC. ET AL (3.13%) and Royce & Associates LP (2.55%). 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 institutional investors are selling Modine Manufacturing stock?

MOD stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Jacobs Levy Equity Management Inc., Morgan Stanley, Wedge Capital Management L L P NC, Hsbc Holdings PLC, Keeley Teton Advisors LLC and Royce & Associates LP. 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 institutional investors are buying Modine Manufacturing stock?

MOD stock was purchased by a variety of institutional investors in the last quarter, including Penn Capital Management Co. Inc., Penn Capital Management Co. Inc., New York State Common Retirement Fund, Wells Fargo & Company MN, Assenagon Asset Management S.A., Tygh Capital Management Inc., Lazard Asset Management LLC and IndexIQ Advisors 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 $12.93.

How big of a company is Modine Manufacturing?

Modine Manufacturing has a market capitalization of $654.65 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:  179 (Vote Outperform)
Underperform Votes:  224 (Vote Underperform)
Total Votes:  403
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 5/19/2019 by MarketBeat.com Staff

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