Modine Manufacturing (NYSE:MOD) Issues FY 2025 Earnings Guidance

Modine Manufacturing (NYSE:MOD) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.650-3.950 for the period, compared to the consensus EPS estimate of 3.850. The company issued revenue guidance of $2.6 billion-$2.7 billion, compared to the consensus revenue estimate of $2.6 billion.

Analyst Upgrades and Downgrades

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

Modine Manufacturing Stock Down 0.6 %

Shares of MOD traded down $0.75 on Tuesday, reaching $130.31. The company’s stock had a trading volume of 718,110 shares, compared to its average volume of 853,086. Modine Manufacturing has a twelve month low of $38.61 and a twelve month high of $141.72. The stock has a market capitalization of $6.83 billion, a PE ratio of 43.01, a PEG ratio of 0.98 and a beta of 2.22. The company has a current ratio of 1.80, a quick ratio of 1.11 and a debt-to-equity ratio of 0.51. The firm has a fifty day moving average of $122.30 and a 200-day moving average of $107.97.

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 the consensus estimate of $0.86 by $0.18. The firm had revenue of $661.50 million during the quarter, compared to the consensus estimate of $633.55 million. Modine Manufacturing had a return on equity of 24.92% and a net margin of 6.70%. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.85 earnings per share. Equities analysts predict that Modine Manufacturing will post 3.86 EPS for the current year.

Insider Buying and Selling

In related news, Director Marsha C. Williams sold 34,400 shares of the firm’s stock in a transaction dated 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 directly owns 144,038 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which is available at this link. 2.40% of the stock is currently owned by corporate insiders.

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.