Modine Manufacturing Company (MOD)
NYSE: MOD · IEX Real-Time Price · USD
105.37
+2.69 (2.62%)
Jul 2, 2024, 4:00 PM EDT - Market closed
MOD Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for MOD stock have an average target of 107, with a low estimate of 73 and a high estimate of 125. The average target predicts an increase of 1.55% from the current stock price of 105.37.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MOD stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $125 | Strong Buy | Reiterates | $125 | +18.63% | Jun 27, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $110 → $120 | Strong Buy | Maintains | $110 → $120 | +13.88% | May 24, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $105 → $110 | Buy | Maintains | $105 → $110 | +4.39% | May 23, 2024 |
| Oppenheimer | Oppenheimer | Buy Initiates $105 | Buy | Initiates | $105 | -0.35% | Mar 19, 2024 |
| DA Davidson | DA Davidson | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | -14.59% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
2.61B
from 2.41B
Increased by 8.19%
Revenue Next Year
2.79B
from 2.61B
Increased by 7.18%
EPS This Year
3.75
from 3.03
Increased by 23.63%
EPS Next Year
4.43
from 3.75
Increased by 18.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.7B | 2.9B | 3.2B |
| Avg | 2.6B | 2.8B | 3.1B |
| Low | 2.5B | 2.7B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.8% | 13.1% | 15.4% |
| Avg | 8.2% | 7.2% | 11.0% |
| Low | 4.1% | 2.6% | 7.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.99 | 4.90 | 5.79 |
| Avg | 3.75 | 4.43 | 5.57 |
| Low | 3.53 | 4.07 | 5.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.8% | 30.9% | 30.7% |
| Avg | 23.6% | 18.2% | 25.7% |
| Low | 16.4% | 8.6% | 22.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.