Modine Manufacturing (NYSE:MOD) Issues Earnings Results

Modine Manufacturing (NYSE:MOD) released its quarterly earnings results on Tuesday. The auto parts company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.13, Zacks reports. Modine Manufacturing had a return on equity of 23.96% and a net margin of 6.59%. Modine Manufacturing updated its FY 2025 guidance to 3.650-3.950 EPS.

Modine Manufacturing Trading Up 2.0 %

NYSE:MOD opened at $98.40 on Wednesday. The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of 32.26, a price-to-earnings-growth ratio of 0.78 and a beta of 2.31. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.77 and a quick ratio of 1.09. The business has a fifty day moving average price of $123.43 and a 200-day moving average price of $120.80. Modine Manufacturing has a one year low of $67.77 and a one year high of $146.84.

Wall Street Analysts Forecast Growth

Separately, Oppenheimer raised their target price on Modine Manufacturing from $144.00 to $145.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st.

About Modine Manufacturing

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.