Modine Manufacturing Company (MOD)
NYSE: MOD · IEX Real-Time Price · USD
92.42
-3.13 (-3.27%)
Apr 30, 2024, 3:30 PM EDT - Market open
MOD Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MOD stock have an average target of 81.2, with a low estimate of 40 and a high estimate of 105. The average target predicts a decrease of -12.14% from the current stock price of 92.42.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 19, 2024.
Analyst Ratings
The average analyst rating for MOD stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| 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 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Initiates $105 | Buy | Initiates | $105 | +13.62% | Mar 19, 2024 |
| DA Davidson | DA Davidson | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | -2.61% | Feb 27, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $88 → $98 | Strong Buy | Reiterates | $88 → $98 | +6.04% | Feb 27, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $80 → $88 | Strong Buy | Maintains | $80 → $88 | -4.78% | Feb 1, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $57 → $73 | Strong Buy | Maintains | $57 → $73 | -21.01% | Jan 31, 2024 |
Financial Forecast
Revenue This Year
2.43B
from 2.30B
Increased by 5.92%
Revenue Next Year
2.61B
from 2.43B
Increased by 7.31%
EPS This Year
3.27
from 2.90
Increased by 12.89%
EPS Next Year
3.85
from 3.27
Increased by 17.57%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 2.6B | 2.8B | 3.0B |
| Avg | 2.4B | 2.6B | 2.8B |
| Low | 2.3B | 2.5B | 2.6B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 11.4% | 14.1% | 16.3% |
| Avg | 5.9% | 7.3% | 6.0% |
| Low | 2.0% | 1.2% | -0.2% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 3.47 | 4.12 | 4.97 |
| Avg | 3.27 | 3.85 | 4.65 |
| Low | 3.13 | 3.57 | 4.28 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 19.5% | 25.7% | 29.0% |
| Avg | 12.9% | 17.6% | 20.8% |
| Low | 7.8% | 9.0% | 11.2% |
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.