Should I buy or sell Modine Manufacturing stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Modine Manufacturing in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MOD shares. View MOD analyst ratings or view top-rated stocks .

What is Modine Manufacturing's stock price target for 2024?

4 Wall Street research analysts have issued 1 year price objectives for Modine Manufacturing's stock. Their MOD share price targets range from $90.00 to $105.00. On average, they predict the company's share price to reach $97.67 in the next year. This suggests a possible upside of 16.7% from the stock's current price. View analysts price targets for MOD or view top-rated stocks among Wall Street analysts .

How have MOD shares performed in 2024?

Modine Manufacturing's stock was trading at $59.70 at the beginning of 2024. Since then, MOD stock has increased by 40.2% and is now trading at $83.71. View the best growth stocks for 2024 here .

When is Modine Manufacturing's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024. View our MOD earnings forecast .

How were Modine Manufacturing's earnings last quarter?

Modine Manufacturing (NYSE:MOD) announced its quarterly earnings results on Tuesday, January, 30th. The auto parts company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.57 by $0.17. The auto parts company earned $561.40 million during the quarter, compared to analyst estimates of $594.84 million. Modine Manufacturing had a net margin of 9.31% and a trailing twelve-month return on equity of 25.28%. The company's quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 earnings per share.

What ETFs hold Modine Manufacturing's stock?

ETFs with the largest weight of Modine Manufacturing (NYSE:MOD) stock in their portfolio include Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) , First Trust Dow Jones Select Microcap Index Fund (FDM) , Thrivent Small-Mid Cap ESG ETF (TSME) , AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) , AlphaMark Actively Managed Small Cap ETF (SMCP) , SPDR S&P Kensho Smart Mobility ETF (HAIL) , iShares Micro-Cap ETF (IWC) and Invesco DWA SmallCap Momentum ETF (DWAS) .

What guidance has Modine Manufacturing issued on next quarter's earnings?

Modine Manufacturing issued an update on its FY 2024 earnings guidance on Tuesday, January, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.4 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion.

What is Mick Lucareli's approval rating as Modine Manufacturing's CEO?

4 employees have rated Modine Manufacturing Chief Executive Officer Mick Lucareli on Glassdoor.com . Mick Lucareli has an approval rating of 100% among the company's employees. This puts Mick Lucareli in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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) , Gilead Sciences (GILD) , Tesla (TSLA) , Bank of America (BAC) , Biogen (BIIB) , Energy Transfer (ET) , Altria Group (MO) , Occidental Petroleum (OXY) , AT&T (T) and Verizon Communications (VZ) .

Who are Modine Manufacturing's major shareholders?

Modine Manufacturing's stock is owned by many different retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (1.37%), Reinhart Partners LLC. (1.20%), Allspring Global Investments Holdings LLC (0.23%), Congress Asset Management Co. MA (0.21%), Oliver Luxxe Assets LLC (0.06%) and Mountain Pacific Investment Advisers Inc. ID (0.04%). Insiders that own company stock include Brian Jon Agen , Christopher William Patterson , Larry Oscar Moore , Marsha C Williams and Michael B Lucareli . View institutional ownership trends .

How do I buy shares of Modine Manufacturing?

Shares of MOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:MOD

Modine Manufacturing (MOD) Stock Price, News & Analysis

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Free MOD Stock Alerts

$83.71

-1.93 (-2.25%)

(As of 04/18/2024 ET)

Compare

Today's Range: $82.25
▼
$86.79
50-Day Range: $73.16
▼
$102.78
52-Week Range: $19.41
▼
$106.01

Volume: 1.14 million shs
Average Volume: 990,411 shs
Market Capitalization: $4.37 billion

P/E Ratio: 19.74
Dividend Yield: N/A
Price Target: $97.67

Get Modine Manufacturing alerts:

Modine Manufacturing MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 16.7% Upside
$97.67 Price Target
Short Interest: Healthy
5.11% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.37
Based on 9 Articles This Week
Insider Trading: Selling Shares
$10.33 M Sold Last Quarter
Proj. Earnings Growth: 18.04%
From $3.27 to $3.86 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.52 out of 5 stars

Auto/Tires/Trucks Sector

31st out of 74 stocks

Motor Vehicle Parts & Accessories Industry

16th out of 31 stocks

2.5

Analyst's Opinion

Consensus Rating
Modine Manufacturing has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Modine Manufacturing has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
5.11% of the float of Modine Manufacturing has been sold short.
Short Interest Ratio / Days to Cover
Modine Manufacturing has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Modine Manufacturing has recently decreased by 6.81%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Modine Manufacturing does not currently pay a dividend.
Dividend Growth
Modine Manufacturing does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MOD.

1.9

News and Social Media Coverage

News Sentiment
Modine Manufacturing has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Modine Manufacturing this week, compared to 7 articles on an average week.
Search Interest
Only 27 people have searched for MOD on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.
MarketBeat Follows
Only 20 people have added Modine Manufacturing to their MarketBeat watchlist in the last 30 days. This is a decrease of -35% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Modine Manufacturing insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,330,115.00 in company stock.
Percentage Held by Insiders
Only 2.86% of the stock of Modine Manufacturing is held by insiders.
Percentage Held by Institutions
95.23% of the stock of Modine Manufacturing is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Modine Manufacturing are expected to grow by 18.04% in the coming year, from $3.27 to $3.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Modine Manufacturing is 19.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Modine Manufacturing is 19.74, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 16.14.
Price to Earnings Growth Ratio
Modine Manufacturing has a PEG Ratio of 0.69. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Modine Manufacturing has a P/B Ratio of 7.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Modine Manufacturing Stock (NYSE:MOD)

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. It operates through Climate Solutions and Performance Technologies segments. The company offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; perimeter heating products, such as commercial fin-tube radiation, cabinet unit heaters, and convectors; roof-mounted direct- and indirect-fired makeup air units; unit ventilators; single packaged vertical units; precision air conditioning units for data center applications; air handler units; fan walls; chillers; ceiling cassettes; hybrid fan coils; and condensers and condensing units. It also provides heat recovery, round tube plate fin, and motor and generator cooling coils; evaporator unit, fluid, transformer oil, gas, and dry and brine coolers, as well as remote condensers; and coatings to protect against corrosion. In addition, the company offers powertrain cooling products, including engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products comprising exhaust gas recirculation, engine oil, fuel, and charge air coolers; liquid-cooled products, such as engine oil, EGR, liquid charge air, transmission and retarder oil, fuel coolers, and condensers; and complete battery thermal management systems and electronics cooling packages. It serves heating, ventilation, and cooling OEMs; construction architects and contractors; wholesalers of heating equipment; automobile, truck, bus, and specialty vehicle OEMs; agricultural, industrial, and construction equipment OEMs; and commercial and industrial equipment OEMs. The company has operations in North America, South America, Europe, and Asia. Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wisconsin.

MOD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MOD Stock News Headlines

April 2, 2024 | insidertrades.com

Modine Manufacturing (NYSE:MOD) VP Sells $1,606,656.36 in Stock

April 18, 2024 | msn.com

For actor Matthew Modine, biking is a "tool for consciousness" and facing life's uphill battles

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 17, 2024 | msn.com

Matthew Modine says he ‘sized up’ Millie Bobby Brown’s fiancé Jake Bon Jovi before their first date

April 17, 2024 | msn.com

Modine Manufacturing (MOD) Price Target Increased by 5.73% to 94.04

April 16, 2024 | msn.com

Robert Billups, Jr., 73, coached for the YMCA and Racine Youth Sports

April 16, 2024 | msn.com

3 Multi-Bagger Stocks Poised to Outperform in the Face of Geopolitical Jitters

April 16, 2024 | finance.yahoo.com

Modine Manufacturing Company (MOD)

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 16, 2024 | seekingalpha.com

Modine Manufacturing Stock: A Downgrade Looks Logical

April 10, 2024 | investorplace.com

Wall Street Favorites: 3 Growth Stocks With Strong Buy Ratings for April 2024

April 9, 2024 | prnewswire.com

Modine and LeanDNA Project Named Finalist for a 2024 Manufacturing Leadership Award

April 8, 2024 | msn.com

Beat the Market the Zacks Way: Fiserv, Hormel Foods, Modine Manufacturing in Focus

April 2, 2024 | benzinga.com

Jon Brian Agen Takes A Bullish Stance, Acquiring $1.35M Worth Of Modine Manufacturing Stock Options

April 2, 2024 | benzinga.com

Modine Manufacturing Insider Trades Send A Signal

March 27, 2024 | finance.yahoo.com

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March 25, 2024 | finance.yahoo.com

Modine Manufacturing's (NYSE:MOD) five-year earnings growth trails the fantastic shareholder returns

March 21, 2024 | investing.com

Modine Manufacturing executive sells $713k in company stock

March 19, 2024 | markets.businessinsider.com

Modine Manufacturing Ignites Optimism: Analyst Foresees Positive Estimate Revisions

March 19, 2024 | msn.com

Modine Manufacturing attracts bull rating from Oppenheimer

March 19, 2024 | markets.businessinsider.com

Where Modine Manufacturing Stands With Analysts

March 19, 2024 | finance.yahoo.com

Modine Gains UL Safety Certification for Indoor Air Quality Solutions

March 18, 2024 | msn.com

Actor Matthew Modine talks receiving award at Cinequest, career

March 14, 2024 | benzinga.com

Looking Into Modine Manufacturing's Recent Short Interest

March 10, 2024 | seekingalpha.com

Modine Manufacturing: The Path Towards Balanced Growth

March 8, 2024 | finance.yahoo.com

Director Christopher Patterson Sells 14,225 Shares of Modine Manufacturing Co (MOD)

March 7, 2024 | finance.yahoo.com

Estimating The Intrinsic Value Of Modine Manufacturing Company (NYSE:MOD)

See More Headlines

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Company Calendar

Last Earnings: 1/30/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/22/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Auto/Tires/Trucks
Industry: Motor vehicle parts & accessories
Sub-Industry: Auto Parts & Equipment
Current Symbol: NYSE:MOD
CUSIP: 60782810
CIK: 67347
Web: www.modine.com
Phone: (262) 636-1200
Fax: 262-636-1424
Employees: 11,300
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $97.67
High Stock Price Target: $105.00
Low Stock Price Target: $90.00
Potential Upside/Downside: +16.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.24
Trailing P/E Ratio: 19.75
Forward P/E Ratio: 25.61
P/E Growth: 0.69
Net Income: $153.10 million
Net Margins: 9.31%
Pretax Margin: 8.97%
Return on Equity: 25.28%
Return on Assets: 10.43%

Debt

Debt-to-Equity Ratio: 0.43
Current Ratio: 1.93
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: $2.30 billion
Price / Sales: 1.90
Cash Flow: $2.80 per share
Price / Cash Flow: 29.91
Book Value: $11.50 per share
Price / Book: 7.28

Miscellaneous

Outstanding Shares: 52,210,000
Free Float: 50,721,000
Market Cap: $4.37 billion
Optionable: Optionable
Beta: 2.29

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Key Executives

Mr. Neil D. Brinker (Age 48)
President, CEO & Director
Comp: $3.34M
Mr. Michael B. Lucareli (Age 55)
Executive VP & CFO
Comp: $2.04M
Mr. Brian Jon Agen (Age 54)
Vice President of Human Resources
Comp: $1.06M
Mr. Eric S. McGinnis (Age 53)
President of Climate Solutions
Comp: $1.16M
Ms. Kathleen T. Powers (Age 56)
VP of Investor Relations & Tax and Treasurer
Mr. Adrian Ian Peace (Age 57)
President of Performance Technologies
Mr. Mark D. Hudson (Age 52)
VP & Corporate Controller
Mr. Thomas F. Marry (Age 63)
Adviser
Comp: $743.05k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MOD Stock Analysis - Frequently Asked Questions

Should I buy or sell Modine Manufacturing stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Modine Manufacturing in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MOD shares.
View MOD analyst ratings or view top-rated stocks.
What is Modine Manufacturing's stock price target for 2024?: 4 Wall Street research analysts have issued 1 year price objectives for Modine Manufacturing's stock. Their MOD share price targets range from $90.00 to $105.00. On average, they predict the company's share price to reach $97.67 in the next year. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for MOD or view top-rated stocks among Wall Street analysts.
How have MOD shares performed in 2024?: Modine Manufacturing's stock was trading at $59.70 at the beginning of 2024. Since then, MOD stock has increased by 40.2% and is now trading at $83.71.
View the best growth stocks for 2024 here.
When is Modine Manufacturing's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our MOD earnings forecast.
How were Modine Manufacturing's earnings last quarter?: Modine Manufacturing (NYSE:MOD) announced its quarterly earnings results on Tuesday, January, 30th. The auto parts company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.57 by $0.17. The auto parts company earned $561.40 million during the quarter, compared to analyst estimates of $594.84 million. Modine Manufacturing had a net margin of 9.31% and a trailing twelve-month return on equity of 25.28%. The company's quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 earnings per share.
What ETFs hold Modine Manufacturing's stock?: ETFs with the largest weight of Modine Manufacturing (NYSE:MOD) stock in their portfolio include Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), First Trust Dow Jones Select Microcap Index Fund (FDM), Thrivent Small-Mid Cap ESG ETF (TSME), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), AlphaMark Actively Managed Small Cap ETF (SMCP), SPDR S&P Kensho Smart Mobility ETF (HAIL), iShares Micro-Cap ETF (IWC) and Invesco DWA SmallCap Momentum ETF (DWAS).

What guidance has Modine Manufacturing issued on next quarter's earnings?: Modine Manufacturing issued an update on its FY 2024 earnings guidance on Tuesday, January, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.4 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion.
What is Mick Lucareli's approval rating as Modine Manufacturing's CEO?: 4 employees have rated Modine Manufacturing Chief Executive Officer Mick Lucareli on Glassdoor.com. Mick Lucareli has an approval rating of 100% among the company's employees. This puts Mick Lucareli in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
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), Gilead Sciences (GILD), Tesla (TSLA), Bank of America (BAC), Biogen (BIIB), Energy Transfer (ET), Altria Group (MO), Occidental Petroleum (OXY), AT&T (T) and Verizon Communications (VZ).
Who are Modine Manufacturing's major shareholders?: Modine Manufacturing's stock is owned by many different retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (1.37%), Reinhart Partners LLC. (1.20%), Allspring Global Investments Holdings LLC (0.23%), Congress Asset Management Co. MA (0.21%), Oliver Luxxe Assets LLC (0.06%) and Mountain Pacific Investment Advisers Inc. ID (0.04%). Insiders that own company stock include Brian Jon Agen, Christopher William Patterson, Larry Oscar Moore, Marsha C Williams and Michael B Lucareli.
View institutional ownership trends.
How do I buy shares of Modine Manufacturing?: Shares of MOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MOD) was last updated on 4/18/2024 by MarketBeat.com Staff

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