Modine Manufacturing Company (MOD)
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]
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 StatementsAnalyst 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.
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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...
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...
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...
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.
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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...