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

Modine Manufacturing (NYSE:MOD) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 3.550-3.850 for the period, compared to the consensus 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.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MOD. Oppenheimer upped their target price on shares of Modine Manufacturing from $105.00 to $110.00 and gave the stock an outperform rating in a research report on Thursday. B. Riley reaffirmed a buy rating and issued a $98.00 target price (up from $88.00) on shares of Modine Manufacturing in a research report on Tuesday, February 27th. DA Davidson reaffirmed a buy rating and issued a $90.00 target price on shares of Modine Manufacturing in a research report on Tuesday, February 27th. Finally, StockNews.com downgraded shares of Modine Manufacturing from a buy rating to a hold rating in a research report on Wednesday, January 31st. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Modine Manufacturing has a consensus rating of Moderate Buy and an average target price of $99.33.

Modine Manufacturing Price Performance

MOD opened at $96.71 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.21 and a current ratio of 1.93. The stock has a market capitalization of $5.05 billion, a P/E ratio of 31.92, a P/E/G ratio of 0.75 and a beta of 2.28. The company’s 50-day simple moving average is $95.86 and its two-hundred day simple moving average is $75.34. Modine Manufacturing has a 52-week low of $19.53 and a 52-week high of $109.53.

Modine Manufacturing (NYSE:MOD) last posted its earnings results on Tuesday, May 21st. The auto parts company reported $0.77 earnings per share (EPS) 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 the consensus estimate of $605.44 million. Modine Manufacturing had a net margin of 6.71% and a return on equity of 25.33%. Modine Manufacturing’s revenue was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 EPS. As a group, analysts predict that Modine Manufacturing will post 3.8 EPS for the current year.

Insider Buying and Selling at Modine Manufacturing

In other Modine Manufacturing news, VP Brian Jon Agen sold 16,799 shares of the company’s stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $95.64, for a total transaction of $1,606,656.36. Following the transaction, the vice president now owns 102,409 shares in the company, valued at approximately $9,794,396.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, VP Brian Jon Agen sold 16,799 shares of the stock in a transaction that occurred on 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 transaction, the vice president now owns 102,409 shares in the company, valued at approximately $9,794,396.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Michael B. Lucareli sold 82,312 shares of the stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $90.33, for a total transaction of $7,435,242.96. Following the completion of the transaction, the chief financial officer now owns 194,587 shares in the company, valued at approximately $17,577,043.71. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 113,336 shares of company stock worth $10,330,115. Company insiders own 2.86% of the company’s stock.

About Modine Manufacturing

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.