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NYSE:MODModine Manufacturing Stock Price, Forecast & News

$5.35
+0.27 (+5.31 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$4.75
Now: $5.35
$5.62
50-Day Range
$3.54
MA: $4.16
$5.44
52-Week Range
$2.84
Now: $5.35
$14.96
Volume1.58 million shs
Average Volume488,916 shs
Market Capitalization$271.83 million
P/E RatioN/A
Dividend YieldN/A
Beta2.33
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: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.04 out of 5 stars


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$1.98 billion
Cash Flow$3.28 per share
Book Value$10.69 per share

Profitability

Net Income$84.80 million

Miscellaneous

Employees12,200
Market Cap$271.83 million
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Modine Manufacturing (NYSE:MOD) Frequently Asked Questions

How has Modine Manufacturing's stock been impacted by COVID-19 (Coronavirus)?

Modine Manufacturing's stock was trading at $4.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MOD stock has increased by 11.2% and is now trading at $5.35. View which stocks have been most impacted by Coronavirus.

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 Wednesday, July 29th 2020. View our earnings forecast for Modine Manufacturing.

How were Modine Manufacturing's earnings last quarter?

Modine Manufacturing Co. (NYSE:MOD) announced its quarterly earnings data on Thursday, May, 28th. The auto parts company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.12. The auto parts company had revenue of $472.90 million for the quarter, compared to analyst estimates of $489.67 million. Modine Manufacturing had a negative net margin of 0.11% and a positive return on equity of 9.91%. View Modine Manufacturing's earnings history.

How will Modine Manufacturing's stock buyback program work?

Modine Manufacturing declared that its Board of Directors has authorized a share buyback plan 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 stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

What price target have analysts set for MOD?

4 brokerages have issued twelve-month price objectives for Modine Manufacturing's shares. Their forecasts range from $4.50 to $13.00. On average, they anticipate Modine Manufacturing's share price to reach $8.88 in the next twelve months. This suggests a possible upside of 65.9% from the stock's current price. View analysts' price targets for Modine Manufacturing.

Has Modine Manufacturing been receiving favorable news coverage?

Headlines about MOD stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Modine Manufacturing earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news headlines about the auto parts company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the near future. View the latest news aboutModine 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), General Motors (GM), Occidental Petroleum (OXY), Ring Energy (REI), Ring Energy (REI), T-Mobile Us (TMUS) and Bristol-Myers Squibb (BMY).

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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.39%), Frontier Capital Management Co. LLC (7.37%), Parametric Portfolio Associates LLC (3.86%), Gamco Investors INC. ET AL (2.84%), Wedge Capital Management L L P NC (2.68%) and State Street Corp (2.05%). 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, Suresh V Garimella and Thomas Andrew Burke. 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 Frontier Capital Management Co. LLC, Morgan Stanley, AQR Capital Management LLC, Deutsche Bank AG, Victory Capital Management Inc., Victory Capital Management Inc., Grantham Mayo Van Otterloo & Co. LLC, and Gabelli Funds LLC. View insider buying and selling activity for Modine Manufacturing.

Which major investors are buying Modine Manufacturing stock?

MOD stock was acquired by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, DNB Asset Management AS, Schneider Capital Management Corp, JPMorgan Chase & Co., Aigen Investment Management LP, Nuveen Asset Management LLC, GSA Capital Partners LLP, and Russell Investments Group Ltd.. 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 $5.35.

How big of a company is Modine Manufacturing?

Modine Manufacturing has a market capitalization of $271.83 million and generates $1.98 billion in revenue each year. The auto parts company earns $84.80 million in net income (profit) each year or $1.05 on an earnings per share basis. Modine Manufacturing employs 12,200 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 5/30/2020 by MarketBeat.com Staff

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