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 3.710. The company issued revenue guidance of $2.6 billion-$2.7 billion, compared to the consensus revenue estimate of $2.6 billion.

Modine Manufacturing Stock Down 11.7 %

NYSE MOD traded down $13.06 during trading on Friday, reaching $98.80. 1,611,523 shares of the company’s stock were exchanged, compared to its average volume of 950,541. The stock has a market cap of $5.18 billion, a P/E ratio of 33.85, a price-to-earnings-growth ratio of 0.93 and a beta of 2.27. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.98 and a current ratio of 1.64. Modine Manufacturing has a 1 year low of $38.50 and a 1 year high of $123.92. The company has a 50 day moving average price of $101.82 and a two-hundred day moving average price of $91.95.

Modine Manufacturing (NYSE:MOD) last issued its quarterly earnings results on Tuesday, July 30th. The auto parts company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.18. The business had revenue of $661.50 million for the quarter, compared to analyst estimates of $633.55 million. Modine Manufacturing had a net margin of 6.70% and a return on equity of 25.57%. The business’s revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.85 earnings per share. On average, equities research analysts anticipate that Modine Manufacturing will post 3.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on MOD shares. Oppenheimer lifted their price target on Modine Manufacturing from $114.00 to $135.00 and gave the company an outperform rating in a report on Thursday. B. Riley upped their price target on Modine Manufacturing from $125.00 to $140.00 and gave the stock a buy rating in a report on Thursday. William Blair initiated coverage on Modine Manufacturing in a research note on Monday. They issued an outperform rating on the stock. Finally, DA Davidson raised their price objective on shares of Modine Manufacturing from $120.00 to $140.00 and gave the stock a buy rating in a report on Thursday. One 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.com, Modine Manufacturing has a consensus rating of Moderate Buy and a consensus price target of $138.33.

About Modine Manufacturing

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.