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 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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.