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

Modine Manufacturing (NYSE:MODGet Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.550-3.850 for the period, compared to the consensus EPS estimate of 3.810. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. Modine Manufacturing also updated its FY25 guidance to $3.55-3.85 EPS.

Modine Manufacturing Trading Down 4.5 %

NYSE:MOD opened at $96.93 on Thursday. The firm has a 50 day moving average of $95.62 and a 200 day moving average of $75.19. The company has a quick ratio of 1.21, a current ratio of 1.93 and a debt-to-equity ratio of 0.43. Modine Manufacturing has a 52 week low of $19.53 and a 52 week high of $109.53. The stock has a market capitalization of $5.06 billion, a price-to-earnings ratio of 31.99, a PEG ratio of 0.77 and a beta of 2.28.

Modine Manufacturing (NYSE:MODGet Free Report) last released its earnings results on Tuesday, May 21st. The auto parts company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.02). The company had revenue of $603.50 million for the quarter, compared to analysts’ expectations of $605.44 million. Modine Manufacturing had a return on equity of 25.33% and a net margin of 6.71%. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.67 EPS. As a group, sell-side analysts anticipate that Modine Manufacturing will post 3.86 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MOD has been the subject of a number of recent research reports. StockNews.com lowered Modine Manufacturing from a buy rating to a hold rating in a research note on Wednesday, January 31st. B. Riley restated a buy rating and issued a $98.00 price objective (up previously from $88.00) on shares of Modine Manufacturing in a research report on Tuesday, February 27th. DA Davidson reiterated a buy rating and issued a $90.00 target price on shares of Modine Manufacturing in a research note on Tuesday, February 27th. Finally, Oppenheimer began coverage on shares of Modine Manufacturing in a research report on Tuesday, March 19th. They set an outperform rating and a $105.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus price target of $97.67.

Check Out Our Latest Analysis on Modine Manufacturing

Insiders Place Their Bets

In other news, VP Brian Jon Agen sold 16,799 shares of Modine Manufacturing stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $95.64, for a total value of $1,606,656.36. Following the sale, the vice president now owns 102,409 shares in the company, valued at $9,794,396.76. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Christopher William Patterson sold 14,225 shares of the firm’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $90.56, for a total transaction of $1,288,216.00. Following the completion of the sale, the director now directly owns 97,517 shares in the company, valued at $8,831,139.52. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Brian Jon Agen sold 16,799 shares of Modine Manufacturing stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $95.64, for a total transaction of $1,606,656.36. Following the transaction, the vice president now directly owns 102,409 shares in the company, valued at $9,794,396.76. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 113,336 shares of company stock worth $10,330,115. Company insiders own 2.86% of the company’s stock.

Modine Manufacturing Company Profile

(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.

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Earnings History and Estimates for Modine Manufacturing (NYSE:MOD)

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