3 days Ago By ABMN Staff
Modine Manufacturing ( NYSE:MOD – Get Free Report ) and Envirotech Vehicles ( NASDAQ:EVTV – Get Free Report ) are both auto/tires/trucks companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, valuation, earnings, analyst recommendations, institutional ownership, profitability and risk. Institutional & Insider Ownership 95.2% of Modine Manufacturing shares are held by institutional investors.
Comparatively, 5.7% of Envirotech Vehicles shares are held by institutional investors. 2.
4% of Modine Manufacturing shares are held by company insiders. Comparatively, 8.8% of Envirotech Vehicles shares are held by company insiders.
Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth. Volatility & Risk Modine Manufacturing has a beta of 2.22, meaning that its stock price is 122% more volatile than the S&P 500.
Comparatively, Envirotech Vehicles has a beta of 2.77, meaning that its stock price is 177% more volatile than the S&P 500. Profitability Earnings & Valuation This table compares Modine Manufacturing and Envirotech Vehicles”s top-line revenue, earnings per share and valuation.
Modine Manufacturing has higher revenue and earnings than Envirotech Vehicles. Analyst Recommendations This is a breakdown of current ratings and price targets for Modine Manufacturing and Envirotech Vehicles, as reported by MarketBeat.com.
Modine Manufacturing currently has a consensus price target of $138.33, suggesting a potential upside of 24.55%.
Given Modine Manufacturing’s higher probable upside, research analysts clearly believe Modine Manufacturing is more favorable than Envirotech Vehicles. Summary Modine Manufacturing beats Envirotech Vehicles on 8 of the 11 factors compared between the two stocks. About Modine Manufacturing ( Get Free Report ) Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications.
It operates through Climate Solutions and Performance Technologies segments. The company offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; perimeter heating products, such as commercial fin-tube radiation, cabinet unit heaters, and convectors; roof-mounted direct- and indirect-fired makeup air units; unit ventilators; single packaged vertical units; precision air conditioning units for data center applications; air handler units; fan walls; chillers; ceiling cassettes; hybrid fan coils; and condensers and condensing units. It also provides heat recovery, round tube plate fin, and motor and generator cooling coils; evaporator unit, fluid, transformer oil, gas, and dry and brine coolers, as well as remote condensers; and coatings to protect against corrosion.
In addition, the company offers powertrain cooling products, including engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products comprising exhaust gas recirculation, engine oil, fuel, and charge air coolers; liquid-cooled products, such as engine oil, EGR, liquid charge air, transmission and retarder oil, fuel coolers, and condensers; and complete battery thermal management systems and electronics cooling packages. It serves heating, ventilation, and cooling OEMs; construction architects and contractors; wholesalers of heating equipment; automobile, truck, bus, and specialty vehicle OEMs; agricultural, industrial, and construction equipment OEMs; and commercial and industrial equipment OEMs. The company has operations in North America, South America, Europe, and Asia.
Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wisconsin. About Envirotech Vehicles ( Get Free Report ) Envirotech Vehicles, Inc. manufactures and provides zero-emission electric vehicles in the United States.
It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities.
The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021.
Envirotech Vehicles, Inc. is headquartered in Osceola, Arkansas. 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.
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