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NYSE:MOD

Modine Manufacturing Stock Forecast, Price & News

$6.32
+0.01 (+0.16 %)
(As of 09/18/2020 09:32 PM ET)
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Today's Range
$6.17
Now: $6.32
$6.41
50-Day Range
$5.36
MA: $6.55
$7.06
52-Week Range
$2.84
Now: $6.32
$12.03
Volume616,200 shs
Average Volume422,490 shs
Market Capitalization$323.26 million
P/E RatioN/A
Dividend YieldN/A
Beta2.39
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.79 out of 5 stars


Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
CUSIP60782810
Phone262-636-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.98 billion
Cash Flow$2.59 per share
Book Value$9.72 per share

Profitability

Net Income$-2,200,000.00

Miscellaneous

Employees11,300
Market Cap$323.26 million
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$6.32
+0.01 (+0.16 %)
(As of 09/18/2020 09:32 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Modine Manufacturing (NYSE:MOD) Frequently Asked Questions

How has Modine Manufacturing's stock price been impacted by Coronavirus?

Modine Manufacturing's stock was trading at $4.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MOD stock has increased by 31.4% and is now trading at $6.32.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Modine Manufacturing?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Modine Manufacturing in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Modine Manufacturing
.

When is Modine Manufacturing's next earnings date?

Modine Manufacturing is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Modine Manufacturing
.

How were Modine Manufacturing's earnings last quarter?

Modine Manufacturing Co. (NYSE:MOD) issued its quarterly earnings results on Tuesday, August, 4th. The auto parts company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.14) by $0.05. The auto parts company earned $347.80 million during the quarter. Modine Manufacturing had a negative net margin of 1.05% and a positive return on equity of 6.46%.
View Modine Manufacturing's earnings history
.

How will Modine Manufacturing's stock buyback program work?

Modine Manufacturing announced that its Board of Directors has initiated a stock repurchase program on Tuesday, October 30th 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 8.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its stock is undervalued.

What price target have analysts set for MOD?

4 brokerages have issued 1-year target prices for Modine Manufacturing's shares. Their forecasts range from $4.50 to $12.00. On average, they expect Modine Manufacturing's share price to reach $8.50 in the next twelve months. This suggests a possible upside of 34.5% from the stock's current price.
View analysts' price targets for Modine Manufacturing
.

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 CVS Health (CVS), Tesla (TSLA), Bank of America (BAC), Biogen (BIIB), Energy Transfer LP Unit (ET), Altria Group (MO), Occidental Petroleum (OXY), AT&T (T), Verizon Communications (VZ) and Walgreens Boots Alliance (WBA).

Who are Modine Manufacturing's key executives?

Modine Manufacturing's management team includes the following 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)

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 many different retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (5.80%), LSV Asset Management (3.08%), Wedge Capital Management L L P NC (2.76%), Gamco Investors INC. ET AL (2.61%), DNB Asset Management AS (1.95%) and Charles Schwab Investment Management Inc. (1.63%). Company insiders that own Modine Manufacturing stock include Dennis P Appel, Hanna Julian, Larry Oscar Moore, Matthew J Mcburney, Michael B Lucareli, Scott D Wollenberg and Thomas Andrew Burke.
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 Frontier Capital Management Co. LLC, Nuveen Asset Management LLC, Gabelli Funds LLC, Gamco Investors INC. ET AL, Teton Advisors Inc., Snow Capital Management LP, Bridgeway Capital Management Inc., and Aigen Investment Management LP.
View insider buying and selling activity for Modine Manufacturing
.

Which institutional investors are buying Modine Manufacturing stock?

MOD stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Federated Hermes Inc., Principal Financial Group Inc., Principal Financial Group Inc., Russell Investments Group Ltd., Jacobs Levy Equity Management Inc., DNB Asset Management AS, and Grantham Mayo Van Otterloo & Co. LLC. Company insiders that have bought Modine Manufacturing stock in the last two years include Dennis P Appel, Michael B Lucareli, and Thomas Andrew Burke.
View insider buying and selling activity 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 $6.32.

How big of a company is Modine Manufacturing?

Modine Manufacturing has a market capitalization of $323.26 million and generates $1.98 billion in revenue each year. The auto parts company earns $-2,200,000.00 in net income (profit) each year or $1.05 on an earnings per share basis. Modine Manufacturing employs 11,300 workers across the globe.

What is Modine Manufacturing's official website?

The official website for Modine Manufacturing is 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]

This page was last updated on 9/21/2020 by MarketBeat.com Staff

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