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

Modine Manufacturing (NYSE:MOD) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 3.650-3.950 for the period, compared to the consensus 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.

Analysts Set New Price Targets

A number of equities research analysts recently commented on MOD shares. DA Davidson upped their price objective on Modine Manufacturing from $140.00 to $155.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. B. Riley lifted 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. 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. Finally, William Blair started coverage on shares of Modine Manufacturing in a research report on Monday, July 29th. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $146.33.

Modine Manufacturing Stock Down 7.3 %

MOD traded down $9.56 during trading on Wednesday, hitting $120.75. The company had a trading volume of 1,912,349 shares, compared to its average volume of 858,134. The firm’s 50-day moving average price is $122.92 and its 200 day moving average price is $108.33. The company has a market capitalization of $6.33 billion, a PE ratio of 39.85, a PEG ratio of 0.98 and a beta of 2.22. The company has a quick ratio of 1.11, a current ratio of 1.80 and a debt-to-equity ratio of 0.51. Modine Manufacturing has a one year low of $38.82 and a one year high of $141.72.

Modine Manufacturing (NYSE:MOD) last announced its earnings results on Tuesday, October 29th. The auto parts company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. Modine Manufacturing had a return on equity of 24.92% and a net margin of 6.70%. The business had revenue of $658.00 million for the quarter, compared to analyst estimates of $646.86 million. During the same quarter last year, the firm earned $0.89 EPS. Modine Manufacturing’s revenue for the quarter was up 6.0% compared to the same quarter last year. As a group, equities analysts expect that Modine Manufacturing will post 3.86 earnings per share for the current year.

Insider Transactions at Modine Manufacturing

In other news, Director Marsha C. Williams sold 34,400 shares of the 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 completion of the transaction, the director now directly owns 144,038 shares in the company, valued at $15,806,730.12. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.40% of the stock is currently owned by insiders.

About Modine Manufacturing

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.