Modine Manufacturing (NYSE:MOD) Updates FY 2025 Earnings Guidance

Modine Manufacturing (NYSE:MOD) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 3.650-3.950 for the period, compared to the consensus earnings per share estimate of 3.850. The company issued revenue guidance of $2.6 billion-$2.7 billion, compared to the consensus revenue estimate of $2.6 billion.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. William Blair started coverage on Modine Manufacturing in a report on Monday, July 29th. They issued an “outperform” rating for the company. B. Riley boosted their target price on Modine Manufacturing from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. DA Davidson boosted their target price on Modine Manufacturing from $140.00 to $155.00 and gave the company a “buy” rating in a research note on Tuesday, September 24th. Finally, Oppenheimer boosted their target price on Modine Manufacturing from $144.00 to $145.00 and gave the company an “outperform” rating in a research note on Thursday. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Modine Manufacturing currently has a consensus rating of “Moderate Buy” and a consensus target price of $146.67.

Modine Manufacturing Stock Down 2.6 %

Shares of Modine Manufacturing stock traded down $3.12 during midday trading on Thursday, hitting $117.77. The company had a trading volume of 813,748 shares, compared to its average volume of 857,958. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.11 and a current ratio of 1.80. The stock has a market capitalization of $6.17 billion, a P/E ratio of 38.61, a P/E/G ratio of 0.98 and a beta of 2.22. The company has a 50 day moving average of $123.01 and a 200 day moving average of $108.39. Modine Manufacturing has a 52-week low of $38.82 and a 52-week high of $141.72.

Modine Manufacturing (NYSE:MOD) last posted its quarterly earnings results on Tuesday, October 29th. The auto parts company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. Modine Manufacturing had a return on equity of 24.92% and a net margin of 6.70%. The company had revenue of $658.00 million for the quarter, compared to the consensus estimate of $646.86 million. During the same quarter in the prior year, the business posted $0.89 EPS. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, equities analysts predict that Modine Manufacturing will post 3.86 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Modine Manufacturing news, Director Marsha C. Williams sold 34,400 shares of the firm’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $109.74, for a total transaction of $3,775,056.00. Following the sale, the director now directly owns 144,038 shares of the company’s stock, valued at $15,806,730.12. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.40% of the stock is owned by insiders.

Modine Manufacturing Company Profile

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; modular chillers; air handler and condensing units; ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers.