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

Modine Manufacturing (NYSE:MOD) updated its FY 2025 earnings guidance on Tuesday. 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 brokerages have recently issued reports on MOD. William Blair initiated coverage on Modine Manufacturing in a research report on Monday, July 29th. They set an “outperform” rating on the stock. B. Riley boosted their price objective on shares of Modine Manufacturing from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Oppenheimer boosted their price objective on shares of Modine Manufacturing from $144.00 to $145.00 and gave the company an “outperform” rating in a report on Thursday. Finally, DA Davidson boosted their price objective on shares of Modine Manufacturing from $140.00 to $155.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Modine Manufacturing presently has an average rating of “Moderate Buy” and an average price target of $146.67.

Modine Manufacturing Stock Performance

NYSE:MOD traded down $3.12 during mid-day trading on Thursday, hitting $117.77. The company’s stock had a trading volume of 813,748 shares, compared to its average volume of 857,958. Modine Manufacturing has a 1 year low of $38.82 and a 1 year high of $141.72. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.80 and a quick ratio of 1.11. The stock has a market cap of $6.17 billion, a price-to-earnings ratio of 38.61, a PEG ratio of 0.98 and a beta of 2.22. The business’s fifty day moving average is $123.01 and its two-hundred day moving average is $108.39.

Modine Manufacturing (NYSE:MOD) last issued its quarterly earnings data on Tuesday, October 29th. The auto parts company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $658.00 million during the quarter, compared to the consensus estimate of $646.86 million. Modine Manufacturing had a net margin of 6.70% and a return on equity of 24.92%. The company’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.89 earnings per share. Analysts anticipate that Modine Manufacturing will post 3.86 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Marsha C. Williams sold 34,400 shares of the company’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 completion of the transaction, the director now 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.40% of the company’s stock.

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.