News coverage about Modine Manufacturing (NYSE:MOD) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Modine Manufacturing earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 44.1780005987431 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Modine Manufacturing stock opened at $23.60 on Thursday. The company has a current ratio of 1.24, a quick ratio of 0.85 and a debt-to-equity ratio of 0.84. The stock has a market cap of $1,165.65, a price-to-earnings ratio of 98.33 and a beta of 1.31. Modine Manufacturing has a twelve month low of $10.10 and a twelve month high of $25.75.
Modine Manufacturing (NYSE:MOD) last posted its quarterly earnings data on Tuesday, January 30th. The auto parts company reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.06. The business had revenue of $512.70 million for the quarter, compared to the consensus estimate of $456.30 million. Modine Manufacturing had a net margin of 0.62% and a return on equity of 16.54%. The company’s revenue was up 46.6% compared to the same quarter last year. During the same period last year, the firm posted $0.21 earnings per share. equities research analysts predict that Modine Manufacturing will post 1.5 EPS for the current year.
In other news, VP Scott D. Wollenberg sold 10,035 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $22.76, for a total value of $228,396.60. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Scott L. Bowser sold 3,500 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $24.36, for a total transaction of $85,260.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,914 shares of company stock worth $373,251. Insiders own 4.42% of the company’s stock.
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About Modine Manufacturing
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on-highway and off-highway original equipment manufacturer (OEM) vehicular applications, and for sale into an array of building, industrial and refrigeration markets. The Company’s products include radiators and radiator cores, exhaust gas recirculation coolers, building heating, ventilating and air conditioning (HVAC) equipment, and coils.
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