Modine Manufacturing Company (MOD)
Market Cap | 4.97B |
Revenue (ttm) | 2.42B |
Net Income (ttm) | 225.60M |
Shares Out | 52.21M |
EPS (ttm) | 4.25 |
PE Ratio | 22.40 |
Forward PE | 26.56 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 686,185 |
Open | 94.85 |
Previous Close | 95.25 |
Day's Range | 94.13 - 96.31 |
52-Week Range | 19.41 - 106.01 |
Beta | 2.28 |
Analysts | Strong Buy |
Price Target | 81.20 (-14.7%) |
Earnings Date | May 22, 2024 |
About MOD
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications. It operates through Climate Solutions and Performance Technologies segments. The company offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; perimeter heating products, such as commercial fin-tube radiation, cabinet unit heaters, and convectors; roof-mounted direct- and indirect-fired makeup ... [Read more]
Financial Performance
In 2022, MOD's revenue was $2.30 billion, an increase of 12.09% compared to the previous year's $2.05 billion. Earnings were $153.10 million, an increase of 79.69%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for MOD stock is "Strong Buy." The 12-month stock price forecast is $81.2, which is a decrease of -14.70% from the latest price.
News
Modine Gains UL Safety Certification for Indoor Air Quality Solutions
Achieving UL60335 certification positions technology and indoor air quality leader to help partners comply with new refrigerant safety standard. RACINE, Wis.
Modine Launches New MEW Electric Unit Heaters for Washdown and Corrosive Environments
The new corrosion-resistant solution provides heating for agriculture, food, and petrochemical industries RACINE, Wis. , Feb. 28, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a leader in innovative heatin...
Modine Acquires Scott Springfield Manufacturing, Gaining Air Handling Unit Offering for Strategic Data Center and Indoor Air Quality Markets
Acquisition adds hyperscale and colocation solution to Modine's data center technology portfolio and brings highly complementary products and channels to the indoor air quality business RACINE, Wis. ,...
MODINE WILL SHOWCASE NEW RESIDENTIAL AND LIGHT COMMERCIAL HEATING SOLUTIONS AT INTERNATIONAL BUILDERS SHOW
Leading HVAC manufacturer to feature newly released Amp Dawg™ Electric Heater and infrared products RACINE, Wis. , Feb. 15, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a leader in innovative heating solu...
Modine Expands Commercial and Residential Electric Infrared Heater Portfolio
The new MEQ and MES series quietly provide powerful heat in indoor and outdoor spaces such as patios, restaurants, workshops and studios RACINE, Wis. , Feb. 12, 2024 /PRNewswire/ -- Modine (NYSE: MOD)...
Modine Reports Third Quarter Fiscal 2024 Results, Raises Full-Year Earnings Guidance
Growth in target markets and 80/20 improvements resulted in strong third quarter results, leading to third consecutive upward revision to full-year earnings outlook RACINE, Wis. , Jan. 30, 2024 /PRNew...
Frost & Sullivan recognizes Modine with the 2023 North American New Product Innovation Award for the Electric Vehicle Thermal Management Systems Industry
Modine® applauded for improving commercial and specialty electric vehicle performance with the EVantage™ thermal management system product line. RACINE, Wis.
Modine to Showcase Innovative Electric Heating Solutions at AHR Expo
Leading HVAC manufacturer spotlights new Amp Dawg™ unit heater at this year's premier HVACR event RACINE, Wis. , Jan. 18, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a leader in innovative heating soluti...
Modine to Host Third Quarter Fiscal 2024 Earnings Conference Call on January 31, 2024
RACINE, Wis. , Jan. 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...
Modine Applauded by Frost & Sullivan for Improving Commercial and Specialty Electric Vehicle Performance with the EVantage™ Product Line
EVantage ™ Thermal Management Systems improve electric vehicle range, performance, and battery life by providing full control over critical EV battery and power electronics temperature s in various...
Bosch Rexroth and Modine Partner On Thermal Management For Electrified Off-Highway Machinery
Collaboration and innovation drive the transition to electric vehicles in industrial vehicles as two transportation industry leaders advance the state of the art together. RACINE, Wis.
Modine Invests in Liquid Immersion Cooling Technology to Support High-Density Data Center Applications
The investment adds single- and two-phase immersion cooling technologies to Modine's portfolio, further cementing the company's position as a complete cooling solutions provider as data center heat lo...
Modine Introduces VidaShield™ UV24 Active Air Disinfection System to K-12 School Markets
Innovative 24/7 air disinfection system combines germicidal irradiation with air circulation fans to help improve IAQ in schools. RACINE, Wis.
Modine Hires Erin J. Roth as Vice President, General Counsel & Corporate Secretary
RACINE, Wis. , Nov. 27, 2023 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, is pleased to welcome Erin J.
Modine Reports Second Quarter Fiscal 2024 Results, Raises Full-Year Earnings Guidance
Data center growth and benefits from 80/20 initiatives drove strong second quarter results, leading to second consecutive upward revision to full-year earnings outlook RACINE, Wis. , Nov. 1, 2023 /PRN...
Modine to Host Second Quarter Fiscal 2024 Earnings Conference Call on November 2, 2023
RACINE, Wis. , Oct. 19, 2023 /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 Donation Brings Enhanced Ventilation and Temperature Control to Parry McCluer High School Fieldhouse
Airedale ClassMate® units enable facility managers to better manage spaces with challenging heat and humidity environments RACINE, Wis. , Oct. 18, 2023 /PRNewswire/ -- Modine (NYSE: MOD), a technology...
Modine Introduces The Amp Dawg™ Electric Residential Unit Heater
The unit heater delivers efficient, powerful performance in a compact design for homeowners seeking an electric heating option RACINE, Wis. , Oct. 16, 2023 /PRNewswire/ -- Modine (NYSE: MOD), a leade...
Modine Expands Manufacturing and Engineering Presence in Europe for EVantage Product Line
The facility in Pontevico, Itay, will start production of the Modine EVantage™ line of EV thermal management systems in 2024 RACINE, Wis. , Oct. 10, 2023 /PRNewswire/ -- To support the growing global ...
MODINE DONATES MORE THAN 600 BACKPACKS TO SCHOOL STUDENTS
Leading HVAC solutions provider lends a helping hand by providing supplies to schools in Virginia, Michigan, Rhode Island and Wisconsin RACINE, Wis. , Sept. 13, 2023 /PRNewswire/ -- Modine (NYSE: MOD)...
Modine Announces Sale of Three Automotive Businesses in Germany Principally Manufacturing Parts for Internal Combustion Engine Applications in Europe
Divestiture reflects corporate strategy to focus on higher-margin technologies with strong growth drivers. RACINE, Wis.
Modine Announces Sale of Coatings Aftermarket Application Facilities in California and Florida
Divestiture reflects strategy to grow coatings business through strategic licensing agreements . RACINE, Wis.
4 Stocks That Doubled Over the Last Year and Are Still Cheaper Than the S&P 500
Home-building and manufacturing stocks may not be the most exciting, but the financials of a select few suggest a sturdy foundation.
Modine Expands Access To School HVAC Offerings With New Partnership With TMS Johnson
Leading HVAC solutions provider to empower facility managers with full-range of school-focused solutions RACINE, Wis. , Aug. 17, 2023 /PRNewswire/ -- Modine (NYSE: MOD), a technology leader in the HVA...
MODINE ANNOUNCES LAUNCH OF NEW ELECTRIC INFRARED PRODUCT LINE
Leading HVAC manufacturer expands low-emissions electric heating portfolio with new MEL Series RACINE, Wis. , Aug. 15, 2023 /PRNewswire/ -- Modine (NYSE: MOD), a leader in innovative heating solution...