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

by · The Cerbat Gem

Modine Manufacturing (NYSE:MOD – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 3.650-3.950 for the period, compared to the consensus 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.

Modine Manufacturing Stock Performance

NYSE:MOD traded down $0.75 during trading hours on Tuesday, reaching $130.31. The stock had a trading volume of 718,110 shares, compared to its average volume of 853,086. The stock has a market cap of $6.83 billion, a P/E ratio of 43.01, a price-to-earnings-growth ratio of 0.98 and a beta of 2.22. The stock has a 50 day simple moving average of $122.30 and a 200 day simple moving average of $107.97. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.11 and a current ratio of 1.80. Modine Manufacturing has a 12-month low of $38.61 and a 12-month high of $141.72.

Modine Manufacturing (NYSE:MOD – Get Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The auto parts company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.18. The business had revenue of $661.50 million for the quarter, compared to analysts’ expectations of $633.55 million. Modine Manufacturing had a return on equity of 24.92% and a net margin of 6.70%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.85 EPS. On average, research analysts forecast that Modine Manufacturing will post 3.86 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MOD shares. B. Riley boosted their target price on shares of Modine Manufacturing from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 1st. DA Davidson lifted their target price on shares of Modine Manufacturing from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Tuesday, September 24th. William Blair initiated coverage on Modine Manufacturing in a research report on Monday, July 29th. They set an “outperform” rating on the stock. Finally, Oppenheimer lifted their target price on shares of Modine Manufacturing from $135.00 to $144.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $146.33.

View Our Latest Research Report on Modine Manufacturing

Insider Buying and Selling

In other news, Director Marsha C. Williams sold 34,400 shares of the firm’s stock in a transaction on 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 completion of the transaction, the director now directly owns 144,038 shares in the company, valued at $15,806,730.12. This trade represents a 0.00 % decrease in their ownership of the stock. The sale 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.

About Modine Manufacturing

(Get Free Report)

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.

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