Modine Manufacturing Company (MOD)

NYSE: MOD · Real-Time Price · USD
133.65
-2.36 (-1.74%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.74%
Market Cap 7.02B
Revenue (ttm) 2.48B
Net Income (ttm) 163.60M
Shares Out 52.50M
EPS (ttm) 3.04
PE Ratio 43.92
Forward PE 30.69
Dividend n/a
Ex-Dividend Date n/a
Volume 777,718
Open 136.05
Previous Close 136.01
Day's Range 130.16 - 136.12
52-Week Range 48.89 - 141.72
Beta 2.24
Analysts Strong Buy
Price Target 128.25 (-4.04%)
Earnings Date Oct 29, 2024

About MOD

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; mod... [Read more]

Industry Auto Parts
Founded 1916
Employees 11,400
Stock Exchange NYSE
Ticker Symbol MOD
Full Company Profile

Financial Performance

In 2023, MOD's revenue was $2.41 billion, an increase of 4.78% compared to the previous year's $2.30 billion. Earnings were $161.50 million, an increase of 5.49%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MOD stock is "Strong Buy." The 12-month stock price forecast is $128.25, which is a decrease of -4.04% from the latest price.

Price Target
$128.25
(-4.04% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Modine Manufacturing's AI Prospects Boosted By Expanded Capacity And Promising FY2027 Target

Modine Manufacturing remains a compelling Buy, thanks to its growing hyperscaler partnerships and growing global manufacturing capacity during the data center capex boom. As more advanced chips are re...

1 day ago - Seeking Alpha

Refreshed Modine Hot Dawg® Unit Heaters Series Offers Enhanced Performance and Efficiency

Hot Dawg® Series provides diversified heating options, refreshed features as cooler temperatures arrive RACINE, Wis. , Nov. 15, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a leader in innovative heating ...

5 days ago - PRNewsWire

Modine Manufacturing: This Point Keeps Me From Investing

Modine Manufacturing's strategic initiatives and market expansion efforts are driving significant revenue and adjusted EBITDA growth. In contrast, the identified material weakness is likely to require...

6 days ago - Seeking Alpha

Modine Manufacturing Company (MOD) Q3 2024 Earnings Conference Call Transcript

Modine Manufacturing Company (NYSE:MOD) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Kathy Powers - VP, IR and Treasurer Neil Brinker - President and CEO Mick Lu...

21 days ago - Seeking Alpha

Modine Reports Second Quarter Fiscal 2025 Results

Strong quarterly results driven by strategic acquisitions and organic data center growth RACINE, Wis. , Oct. 29, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal managem...

22 days ago - PRNewsWire

Modine Opens New Facility in Calgary to Support Growing Data Center Demand

The facility manufactures air handling units for the hyperscale market RACINE, Wis. , Oct. 28, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and...

24 days ago - PRNewsWire

Production of Airedale by Modine™ Data Center Cooling Solutions Begins at Bradford, UK, Site

Art Laszlo appointed Group Vice President to lead Modine's global Data Centers business RACINE, Wis. , Oct. 24, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal manageme...

4 weeks ago - PRNewsWire

Modine Selected as Thermal Solutions Supplier for GILLIG Hybrid-Electric Bus Platform

Modine EVantage™ Thermal Management Systems, optimize battery and power electronics thermal performance, increasing system efficiency of hybrid bus RACINE, Wis. , Oct. 22, 2024 /PRNewswire/ -- As the ...

4 weeks ago - PRNewsWire

Modine to Host Second Quarter Fiscal 2025 Earnings Conference Call on October 30, 2024

RACINE, Wis. , Oct. 16, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and web...

5 weeks ago - PRNewsWire

Modine Adds MRS, MRL to its Growing Lineup of Infrared Heating Solutions

The latest additions are innovative and elegant gas-fired units designed to enhance comfort on home patios and decks, restaurant patios, driving ranges and other outdoor entertainment venues, and more...

5 weeks ago - PRNewsWire

Modine Announces New Chief Information Officer

RACINE, Wis. , Oct. 14, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, is pleased to announce that Dan Hedstrom has joined Modine ...

5 weeks ago - PRNewsWire

Modine Manufacturing: Data Center Demand Is Driving Breakneck Margin Expansion

Modine Manufacturing's strong margin expansion, fueled by data centers and a sales mix-shift, is seemingly underappreciated by the market. This makes the company's valuation attractive relative to its...

6 weeks ago - Seeking Alpha

Modine Manufacturing Co (MOD) Shares Up 4.6% on Oct 2

Shares of Modine Manufacturing Co (MOD, Financial) surged 4.60% in mid-day trading on Oct 2. The stock reached an intraday high of $133.59, before settling at $133.42, up from its previous close of $1...

7 weeks ago - GuruFocus

Mark Bendza Joins Modine Board of Directors

RACINE, Wis. , Oct. 1, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that Mark Bendza will join the company's Boa...

7 weeks ago - PRNewsWire

Airedale by Modine™ Launches 1MW Cooling Distribution Unit

Critical Cooling Specialists introduces global CDU to serve increasing demand for liquid cooling in data centers. RACINE, Wis.

2 months ago - PRNewsWire

Modine Updates Multi-Year Strategy at Investor Day

Increased fiscal 2027 targets to deliver a 16-18% adjusted EBITDA margin and a 10-13% three-year compound average growth rate (CAGR) in revenue RACINE, Wis. , Sept. 11, 2024 /PRNewswire/ -- Modine (NY...

2 months ago - PRNewsWire

Modine Joins United Nations Global Compact

RACINE, Wis. , Sept. 9, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that it has committed to the United Nations...

2 months ago - PRNewsWire

Modine Looks Like A Buy After Further Analysis

Modine aims to triple data center cooling revenue to $1.1 billion in three years. The strategic 80/20 shift, focusing on high-growth, high-margin businesses, has improved financials, with significant ...

2 months ago - Seeking Alpha

Modine to Host Investor Day on September 11, 2024

Modine's executive leadership team will update the company's multi-year strategy and provide new financial targets RACINE, Wis. , Sept. 4, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global...

2 months ago - PRNewsWire

Modine Manufacturing: Data Center Boom Remains A Tailwind - Reiterate Buy

MOD remains a Buy after the recent meltdown/ recovery, thanks to the timely investments and strategic capacity expansions during the data center capex boom. Combined with the accretive M&A activities ...

3 months ago - Seeking Alpha

Modine Reports First Quarter Fiscal 2025 Results

Strong growth in data centers and continued margin improvement provided a strong start to fiscal 2025, leading to an upward revision to full-year earnings outlook RACINE, Wisc., July 30, 2024 /PRNewsw...

4 months ago - PRNewsWire

10 Stocks That Star Small-Cap Funds Love

Matador Resources and Onto Innovation are widely held stocks among well-regarded small-cap funds.

4 months ago - Barrons

Modine Manufacturing: Entering Unsustainable Territory Now

Since November 2022, Modine Manufacturing stock has risen by an impressive 462%, which is phenomenal compared to any broad market index. Modine's management sees significant opportunities in data cent...

4 months ago - Seeking Alpha

Modine to Host First Quarter Fiscal 2025 Earnings Conference Call on July 31, 2024

RACINE, Wis. , July 17, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and web...

4 months ago - PRNewsWire

Top 10 Stocks 2nd Half 2024 With Steven Cress

Top 10 stocks for the 2nd half of 2024 from a Quant perspective shared by Steven Cress, Head of Quantitative Strategy. Hercules Capital the 1st BDC to make the list, followed by SPX Technologies in th...

Other symbols: GMHTGCANFASCCLSJXNMNSO
4 months ago - Seeking Alpha