Modine Manufacturing (NYSE:MOD) Updates 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 3.550-3.850 for the period, compared to the consensus estimate of 3.810. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. Modine Manufacturing also updated its FY25 guidance to $3.55-3.85 EPS.

Analyst Ratings Changes

Several analysts have recently commented on MOD shares. StockNews.com cut shares of Modine Manufacturing from a buy rating to a hold rating in a research note on Wednesday, January 31st. B. Riley restated a buy rating and set a $98.00 target price (up previously from $88.00) on shares of Modine Manufacturing in a report on Tuesday, February 27th. DA Davidson reaffirmed a buy rating and issued a $90.00 price target on shares of Modine Manufacturing in a research note on Tuesday, February 27th. Finally, Oppenheimer initiated coverage on shares of Modine Manufacturing in a research note on Tuesday, March 19th. They issued an outperform rating and a $105.00 target price for the company. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Modine Manufacturing presently has a consensus rating of Moderate Buy and a consensus price target of $97.67.

Modine Manufacturing Price Performance

NYSE MOD opened at $96.93 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.21 and a current ratio of 1.93. The stock has a market cap of $5.06 billion, a price-to-earnings ratio of 31.99, a PEG ratio of 0.77 and a beta of 2.28. The business has a 50 day simple moving average of $95.62 and a 200 day simple moving average of $75.19. Modine Manufacturing has a 52-week low of $19.53 and a 52-week high of $109.53.

Modine Manufacturing (NYSE:MOD) last posted its quarterly earnings data on Tuesday, May 21st. The auto parts company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.02). The firm had revenue of $603.50 million for the quarter, compared to analyst estimates of $605.44 million. Modine Manufacturing had a return on equity of 25.33% and a net margin of 6.71%. The firm’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.67 earnings per share. Analysts anticipate that Modine Manufacturing will post 3.86 earnings per share for the current fiscal year.

Insider Activity at Modine Manufacturing

In other news, VP Brian Jon Agen sold 16,799 shares of the business’s stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $95.64, for a total transaction of $1,606,656.36. Following the transaction, the vice president now directly owns 102,409 shares in the company, valued at approximately $9,794,396.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Christopher William Patterson sold 14,225 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $90.56, for a total value of $1,288,216.00. Following the transaction, the director now owns 97,517 shares of the company’s stock, valued at $8,831,139.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Brian Jon Agen sold 16,799 shares of Modine Manufacturing stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $95.64, for a total value of $1,606,656.36. Following the sale, the vice president now directly owns 102,409 shares of the company’s stock, valued at $9,794,396.76. The disclosure for this sale can be found here. Over the last three months, insiders sold 113,336 shares of company stock valued at $10,330,115. 2.86% of the stock is owned by corporate insiders.

Modine Manufacturing Company Profile

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.