2 weeks Ago By ABMN Staff
Modine Manufacturing ( NYSE:MOD – Free Report ) – Equities research analysts at DA Davidson increased their FY2025 EPS estimates for Modine Manufacturing in a research note issued to investors on Wednesday, September 25th. DA Davidson analyst M. Summerville now forecasts that the auto parts company will post earnings per share of $3.
95 for the year, up from their previous forecast of $3.90. DA Davidson has a “Buy” rating and a $155.
00 price objective on the stock. The consensus estimate for Modine Manufacturing’s current full-year earnings is $3.85 per share.
DA Davidson also issued estimates for Modine Manufacturing’s FY2026 earnings at $4.95 EPS. Modine Manufacturing ( NYSE:MOD – Get Free Report ) last released its quarterly earnings results on Tuesday, July 30th.
The auto parts company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.
18. The business had revenue of $661.50 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis.
During the same period in the previous year, the company posted $0.85 EPS. View Our Latest Analysis on MOD Modine Manufacturing Price Performance NYSE:MOD opened at $131.
72 on Thursday. 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 firm has a market cap of $6.
90 billion, a price-to-earnings ratio of 43.09, a P/E/G ratio of 0.97 and a beta of 2.
22. Modine Manufacturing has a 52 week low of $38.50 and a 52 week high of $138.
99. The firm’s 50-day simple moving average is $110.64 and its 200 day simple moving average is $101.
92. Insider Activity In other Modine Manufacturing news, Director Marsha C. Williams sold 34,400 shares of the business’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 completion of the transaction, the director now owns 144,038 shares of the company’s stock, valued at $15,806,730.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink .
Corporate insiders own 2.40% of the company’s stock. Institutional Inflows and Outflows Several institutional investors have recently modified their holdings of the stock.
Sanctuary Advisors LLC bought a new position in Modine Manufacturing in the second quarter valued at about $1,382,000. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Modine Manufacturing in the second quarter valued at approximately $1,475,000. Cetera Investment Advisers raised its holdings in Modine Manufacturing by 33.
2% in the 2nd quarter. Cetera Investment Advisers now owns 25,856 shares of the auto parts company’s stock valued at $2,591,000 after buying an additional 6,451 shares during the last quarter. Truist Financial Corp boosted its position in Modine Manufacturing by 12.
0% during the 2nd quarter. Truist Financial Corp now owns 34,457 shares of the auto parts company’s stock worth $3,452,000 after buying an additional 3,683 shares during the period. Finally, B.
Riley Wealth Advisors Inc. bought a new stake in Modine Manufacturing during the 2nd quarter worth approximately $492,000. 95.
23% of the stock is currently owned by institutional investors and hedge funds. 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. Read More Receive News & Ratings for Modine Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Modine Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter .
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