Modine Manufacturing Co

Modine Manufacturing Co Stock Forecast & Price Prediction

Live Modine Manufacturing Co Stock (MOD) Price
$112.83

3

Ratings

  • Buy 3
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$112.83

P/E Ratio

36.11

Volume Traded Today

$844,493

Dividend

$0.1

52 Week High/low

141.72/41.71

Modine Manufacturing Co Market Cap

$5.76B

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MOD Summary

Based on ratings from 3 stock analysts, the Modine Manufacturing Co stock price is expected to increase by 31.17% in 12 months. This is calculated by using the average 12-month stock price forecast for Modine Manufacturing Co. The lowest target is $135 and the highest is $155. Please note analyst price targets are not guaranteed and could be missed completely.

MOD Analyst Ratings

MOD is a stock in Consumer Cyclical which has been forecasted to be worth $148 as an average. On the higher end, the forecast price is $155 USD by Matt Summerville from DA Davidson and on the lower end MOD is forecasted to be $135 by Noah Kaye from Oppenheimer.

MOD stock forecast by analyst

These are the latest 20 analyst ratings of MOD.

Analyst/Firm

Rating

Price Target

Change

Date

Noah Kaye
Oppenheimer

Outperform

$145

Maintains

Oct 31, 2024
Noah Kaye
Oppenheimer

Outperform

$144

Maintains

Oct 14, 2024
Matt Summerville
DA Davidson

Buy

$155

Maintains

Sep 24, 2024
Noah Kaye
Oppenheimer

Outperform

$135

Reiterates

Sep 12, 2024
Matt Summerville
DA Davidson

Buy

$140

Maintains

Aug 1, 2024
Jeff Van Sinderen
B. Riley Securities

Buy

$140

Reiterates

Aug 1, 2024
Noah Kaye
Oppenheimer

Outperform

$135

Maintains

Aug 1, 2024
Brian Drab
William Blair

Outperform


Initiates

Jul 29, 2024
Jeff Van Sinderen
B. Riley Securities

Buy

$125

Reiterates

Jun 27, 2024
Matt Summerville
DA Davidson

Buy

$120

Maintains

May 24, 2024
Noah Kaye
Oppenheimer

Outperform

$110

Maintains

May 23, 2024
Noah Kaye
Oppenheimer

Outperform

$105

Initiates

Mar 19, 2024
Matt Summerville
DA Davidson

Buy

$90

Reiterates

Feb 27, 2024
Jeff Van Sinderen
B. Riley Securities

Buy

$98

Reiterates

Feb 27, 2024
Jeff Van Sinderen
B. Riley Securities

Buy

$88

Maintains

Feb 1, 2024
Tim Moore
EF Hutton

Buy

$73

Maintains

Jan 31, 2024
Matt Summerville
DA Davidson

Buy

$80

Maintains

Dec 26, 2023
Tim Moore
EF Hutton

Buy

$57

Maintains

Nov 2, 2023
Tim Moore
EF Hutton

Buy

$53

Maintains

Aug 28, 2023
Jeff Van Sinderen
B. Riley Securities

Buy

$55

Maintains

Aug 4, 2023

MOD Company Information

What They Do: Provides thermal management products and solutions.

Business Model: The company operates through two segments: Climate Solutions and Performance Technologies. It generates revenue by offering a wide range of thermal management products, including heat transfer coils, unit heaters, cooling solutions for data centers, and powertrain cooling products. Additional income comes from maintenance services and control solutions for existing equipment.

Other Information: Incorporated in 1916 and headquartered in Racine, Wisconsin, Modine Manufacturing has a global presence with operations in multiple countries including the United States, Italy, Hungary, China, and the United Kingdom. The company's diverse product portfolio positions it well to cater to various industries, including data centers and automotive sectors.
MOD
Modine Manufacturing Co (MOD)

When did it IPO

1990

Staff Count

11,000

Country

United States

Sector/Industry

Consumer Cyclical/Auto Parts

CEO

Mr. Neil D. Brinker

Market Cap

$5.76B

Modine Manufacturing Co (MOD) Financial Data

In 2023, MOD generated $2.30B in revenue, which was a increase of 12.09% from the previous year. This can be seen as a signal that MOD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$1.81B

0.00 %
From Previous Year

Revenue From 2022

$2.05B

13.37 %
From Previous Year

Revenue From 2023

$2.30B

12.09 %
From Previous Year
  • Revenue TTM $2.48B
  • Operating Margin TTM 12.0%
  • Gross profit TTM $525.6M
  • Return on assets TTM 9.8%
  • Return on equity TTM 21.5%
  • Profit Margin 6.6%
  • Book Value Per Share 16.36%
  • Market capitalisation $5.76B
  • Revenue for 2021 $1.81B
  • Revenue for 2022 $2.05B
  • Revenue for 2023 $2.30B
  • EPS this year (TTM) $3.04

Modine Manufacturing Co (MOD) Latest News

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Modine Manufacturing Company (NYSE:MOD) will hold its Q3 2024 earnings conference call on October 30, 2024, at 11:00 AM ET, featuring key executives.

Why It Matters - Modine's Q3 2024 earnings call will provide insights into financial performance, strategic direction, and market conditions, influencing stock valuation and investor sentiment.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Modine (NYSE: MOD) reported strong quarterly results for Q3 2024, attributed to strategic acquisitions and organic growth in data centers.

Why It Matters - Strong quarterly results indicate effective growth strategies, enhancing Modine's market position and potential for future profitability, which can positively influence stock performance.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Modine (MOD) reported Q3 earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.93 and up from $0.89 per share year-over-year.

Why It Matters - Modine's earnings beat estimates and show year-over-year growth, indicating strong performance and potential for continued profitability, which can positively influence investor sentiment and stock price.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Modine's Q3 2024 revenue and EPS performance should be evaluated against Wall Street estimates and year-ago figures for a comprehensive analysis.

Why It Matters - Key metrics versus Wall Street estimates and year-ago numbers can indicate Modine's growth trajectory, potentially impacting stock valuation and investor sentiment.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Modine (NYSE: MOD) opened a new 250,000 ftยฒ facility in Calgary, Canada, for manufacturing air handling units aimed at the hyperscale market.

Why It Matters - Modine's new facility enhances production capacity for air handling units, potentially increasing revenue and market share in the growing hyperscale market, positively impacting stock performance.

News Image

Mon, 28 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - LRN, MOD, HRB, and LDOS have strong interest coverage ratios, indicating their capability to manage financial difficulties effectively.

Why It Matters - Strong interest coverage ratios indicate these companies have sufficient earnings to meet debt obligations, suggesting financial stability and lower risk for investors during economic downturns.

...

MOD Frequently asked questions

The highest forecasted price for MOD is $155 from Matt Summerville at DA Davidson.

The lowest forecasted price for MOD is $135 from Noah Kaye from Oppenheimer

The MOD analyst ratings consensus are 3 buy ratings, 0 hold ratings, and 0 sell ratings.