Modine Manufacturing (MOD) to Release Earnings on Tuesday

Modine Manufacturing (NYSE:MOD) will release its earnings data after the market closes on Tuesday, October 29th. Analysts expect Modine Manufacturing to post earnings of $0.93 per share for the quarter. Modine Manufacturing has set its FY 2025 guidance at 3.650-3.950 EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

Modine Manufacturing (NYSE:MOD) last issued its quarterly earnings data on Tuesday, July 30th. The auto parts company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.18. Modine Manufacturing had a net margin of 6.70% and a return on equity of 24.92%. The firm had revenue of $661.50 million for the quarter, compared to analyst estimates of $633.55 million. During the same quarter in the previous year, the business posted $0.85 EPS. The firm’s revenue was up 6.3% compared to the same quarter last year. On average, analysts expect Modine Manufacturing to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Modine Manufacturing Stock Performance

Shares of MOD stock opened at $127.25 on Friday. Modine Manufacturing has a 12 month low of $38.50 and a 12 month high of $141.72. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.80 and a quick ratio of 1.11. The firm has a market capitalization of $6.67 billion, a P/E ratio of 41.59, a P/E/G ratio of 0.98 and a beta of 2.22. The company’s fifty day moving average price is $121.89 and its two-hundred day moving average price is $107.49.

Insider Activity at Modine Manufacturing

In related news, Director Marsha C. Williams sold 34,400 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $109.74, for a total transaction of $3,775,056.00. Following the transaction, the director now owns 144,038 shares in the company, valued at $15,806,730.12. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Oppenheimer upped their target price on shares of Modine Manufacturing from $135.00 to $144.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. William Blair began coverage on shares of Modine Manufacturing in a research note on Monday, July 29th. They set an “outperform” rating on the stock. B. Riley increased their price objective on shares of Modine Manufacturing from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Finally, DA Davidson increased their price objective on shares of Modine Manufacturing from $140.00 to $155.00 and gave the stock a “buy” rating in a research note on Tuesday, September 24th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Modine Manufacturing has a consensus rating of “Moderate Buy” and an average price target of $146.33.

Modine Manufacturing Company Profile

Modine Manufacturing Company provides thermal management products and solutions in the United States, Italy, Hungary, China, the United Kingdom, and internationally. It operates through Climate Solutions and Performance Technologies segments. The company offers heat transfer coils, including heat recovery and round tube plate fin coils; gas-fired, hydronic, electric and oilfired unit heaters; roof-mounted direct- and indirect-fired makeup air units; duct furnaces; infrared units; perimeter heating products; single packaged unit ventilators; modular chillers; air handler and condensing units; ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers.