Modine Manufacturing pany(MOD)

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Modine (MOD) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-09-11 22:45
In the latest trading session, Modine (MOD) closed at $147.05, marking a -2.94% move from the previous day. This move lagged the S&P 500's daily gain of 0.85%. Elsewhere, the Dow saw an upswing of 1.36%, while the tech-heavy Nasdaq appreciated by 0.72%. Shares of the heating and cooling products maker have appreciated by 6.9% over the course of the past month, outperforming the Auto-Tires-Trucks sector's gain of 5.23%, and the S&P 500's gain of 2.38%.Analysts and investors alike will be keeping a close eye ...
Modine (MOD) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-09-11 17:01
Modine (MOD) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investors ...
Will Momentum in Climate Solutions Business Support Modine's Growth?
ZACKS· 2025-09-09 16:21
Key Takeaways Modine's Climate Solutions revenues rose 11% with adjusted EBITDA up 10% in Q1 2026.Recent acquisitions expand HVAC offerings and open new markets and channels.FY26 sales outlook raised to 10-15% growth, led by 25-35% Climate Solutions gains.Modine Manufacturing Company’s (MOD) Climate Solutions segment provides data center cooling systems, heat transfer equipment and HVAC&R products to customers across North America, EMEA and Asia. The segment has continued its strong growth trajectory in the ...
Modine Surges 75% in 6 Months: Buy, Sell or Hold the Stock?
ZACKS· 2025-09-08 15:21
Key Takeaways Modine shares jumped 75% in six months, far outpacing industry and peer performance.Strong Climate Solutions demand and HVAC growth drove Modine's Q1 fiscal 2026 sales higher.Recent acquisitions and a $100M U.S. investment expand Modine's data center cooling capacity.Shares of Modine Manufacturing Company (MOD) have gained significant momentum in the past six months. The thermal management company’s shares have soared 75% over the past six months, outperforming the Zacks Automotive – Original ...
Modine Manufacturing pany(MOD) - 2025 FY - Earnings Call Transcript
2025-08-21 14:02
Financial Data and Key Metrics Changes - The total shares outstanding and entitled to vote at the meeting were 52,476,778, with 93% of these shares represented at the meeting either in person or by proxy [14] - The advisory vote on the company's named executive officer compensation received 96% approval from the votes cast [14] - The ratification of KPMG as the independent registered public accounting firm received 99% approval from the votes cast [14] Business Line Data and Key Metrics Changes - No specific business line data or key metrics were discussed during the meeting [12] Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting [12] Company Strategy and Development Direction and Industry Competition - The meeting focused on the election of directors and the approval of executive compensation, indicating a stable governance structure [11] - The company did not provide specific strategic insights or competitive analysis during the meeting [12] Management's Comments on Operating Environment and Future Outlook - Management did not provide comments on the operating environment or future outlook during the meeting [12] Other Important Information - The meeting was conducted virtually, and all necessary documents were made available for review [8][10] - The meeting concluded with the announcement of the election results and the approval of the advisory vote and KPMG's appointment [15] Q&A Session Summary Question: Were there any questions pertinent to the business of the meeting? - No questions were received that were pertinent to the business of the meeting [12]
Modine Manufacturing pany(MOD) - 2025 FY - Earnings Call Transcript
2025-08-21 14:00
Financial Data and Key Metrics Changes - The total shares outstanding and entitled to vote at the meeting were 52,476,778, with 93% represented at the meeting either in person or by proxy [13] - The advisory vote on the company's named executive officer compensation received 96% approval from the votes cast [13] - The ratification of KPMG as the independent registered public accounting firm received 99% approval from the votes cast [13] Business Line Data and Key Metrics Changes - No specific data or metrics regarding individual business lines were discussed in the meeting [11] Market Data and Key Metrics Changes - No specific market data or metrics were provided during the meeting [11] Company Strategy and Development Direction and Industry Competition - The meeting focused on the election of directors and the approval of executive compensation, indicating a stable governance structure [10] - The company did not provide detailed insights into its strategic direction or competitive landscape during this meeting [11] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments regarding the operating environment or future outlook during the meeting [11] Other Important Information - The meeting was conducted virtually, and all necessary documents were made available to shareholders [7][9] - The meeting concluded with the election of directors for terms expiring in 2028, indicating continuity in leadership [15] Q&A Session Summary Question: Were there any questions pertinent to the business of the meeting? - No questions were received that were pertinent to the business of the meeting [11]
Modine Opens India Facility to Manufacture Data Center Cooling Equipment for APAC Region
Prnewswire· 2025-08-21 11:00
Core Insights - Modine has opened a new 100,000 square foot facility in Chennai, India, to meet the growing demand for data center cooling solutions in the Asia-Pacific region [1][2] - The establishment of in-region manufacturing is part of Modine's global growth strategy, aimed at enhancing service speed and precision for APAC data center customers [2] - The facility will produce various cooling solutions, including the AireWall ONE™ fan wall, to address the increasing demand driven by AI applications [2][3] Company Overview - Modine has over 100 years of experience in thermal management, focusing on engineering solutions for mission-critical applications [4] - The company employs more than 11,000 people globally and operates in North America, South America, Europe, and Asia [4] - Modine's mission is to create a cleaner, healthier world through advanced heating, cooling, and ventilation technologies [4]
Glow Expands Ontario Distribution with MOD Launch in 100+ FIKA Company Stores, One of Canada's Largest Cannabis Retailers
Newsfile· 2025-08-20 11:30
Core Insights - Glow Lifetech Corp. has launched its MOD™ brand in over 100 FIKA Company stores across Ontario, marking a significant retail expansion with one of Canada's largest cannabis retailers [2][3][4]. Distribution Expansion - The new retail listing with FIKA Company enhances MOD™ product availability in approximately 100 locations, contributing to Glow's deeper penetration in Ontario's cannabis market [3][6]. - FIKA Company operates a substantial retail portfolio with over 200 locations across multiple provinces, including Ontario, Manitoba, Saskatchewan, Alberta, British Columbia, and Yukon [3]. Commercial Strategy - The launch with FIKA Company is a strategic move to support Glow's growth in Ontario and establish a foundation for future distribution in other provinces [4]. - Glow is implementing a targeted retail activation program to drive product awareness and education, which includes merchandising displays and staff training [5]. Growth Momentum - This retail expansion reflects Glow's increasing commercial momentum and strengthens its market execution, positioning the company for a pivotal growth phase [6]. - Strategic partnerships like the one with FIKA are expected to unlock new growth channels and diversify Glow's distribution footprint [6].
How to Buy the Best Momentum Stocks Now
ZACKS· 2025-08-19 19:11
Core Insights - The stock market has rebounded from its April lows, reaching multiple all-time highs, which may cause investor hesitation in buying stocks or ETFs at these peaks [1] - Historical data indicates that strength in the stock market often leads to further gains, with the S&P 500 averaging a 12-month price return of 9.1% after reaching an all-time high [2] - Not all stocks have participated in the recent rally, with approximately 200 S&P 500 stocks showing negative performance in 2025 [2] Stock Selection Strategy - Investors are encouraged to buy stocks that are also reaching new highs, particularly those with strong upward earnings revisions, earning a Zacks Rank 1 (Strong Buy) [3] - A momentum stock screen is utilized to identify Zacks Rank 1 stocks that are trading within 20% of their 52-week highs, ensuring value through PEG and Price to Sales ratios [5][8] Featured Stock: Modine (MOD) - Modine is highlighted as a strong investment opportunity, benefiting from trends in AI and data centers, with a stock price increase of 750% over the past three years [6][7] - The company has shown significant revenue growth, with projections of over 11% sales growth in FY26 and 14% in FY27, reaching $3.28 billion [10] - Modine's earnings estimates have increased by 8% since its last earnings release, with projected earnings growth of 14% this year and 31% next year [10] - The stock is currently trading 11% below its average Zacks price target and has completed a bullish golden cross, indicating positive technical momentum [14]
5 Stocks With Recent Price Strength Amid Trade & Rate Cut Uncertainties
ZACKS· 2025-08-13 12:40
Market Overview - U.S. stock markets have continued to rise in early August despite trade uncertainties and the Federal Reserve's indecision regarding interest rate cuts in 2025 [1][2] - The outcome of the Fed's annual Jackson Hole Symposium, scheduled for August 21-23, is anticipated to be significant [2] Stock Performance - Few stocks have demonstrated price strength, with a focus on those recently experiencing a bull run [3] - Five highlighted stocks include Modine Manufacturing Co. (MOD), Tutor Perini Corp. (TPC), Kiniksa Pharmaceuticals International plc (KNSA), Life360 Inc. (LIF), and Euroseas Ltd. (ESEA) [3] Stock Screening Criteria - Stocks must show a percentage change in price greater than zero over the last four weeks and greater than 10% over the last twelve weeks [5] - Zacks Rank 1 (Strong Buy) and an average broker rating of 1 are also key indicators of potential performance [6] - Stocks must be trading at a minimum price of $5 and be near their 52-week highs, with a current price/52-week high-low range greater than 85% [7] Individual Stock Highlights - **Modine Manufacturing (MOD)**: Stock price increased by 46.1% in four weeks, with an expected earnings growth rate of 14.3% for the current year [8][10] - **Tutor Perini (TPC)**: Stock price surged 14.3% in four weeks, with an expected earnings growth rate exceeding 100% for the current year [14] - **Kiniksa Pharmaceuticals (KNSA)**: Stock price climbed 13.7% in four weeks, with expected earnings growth over 100% for the current year [15] - **Life360 (LIF)**: Stock price advanced 8.3% in four weeks, with expected earnings growth over 100% for the current year [17] - **Euroseas (ESEA)**: Stock price gained 2.8% in four weeks, with an expected earnings growth rate of 4% for the current year [19]