Modine Manufacturing pany(MOD)
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Modine (MOD) Rises But Trails Market: What Investors Should Know
ZACKS· 2025-01-17 23:50
Modine (MOD) closed at $132.80 in the latest trading session, marking a +0.19% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1%. At the same time, the Dow added 0.78%, and the tech-heavy Nasdaq gained 1.51%.The heating and cooling products maker's shares have seen an increase of 12.31% over the last month, surpassing the Auto-Tires-Trucks sector's loss of 11.59% and the S&P 500's loss of 2.14%.The investment community will be paying close attention to the earnings ...
Modine (MOD) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-01-13 23:56
In the latest market close, Modine (MOD) reached $118.69, with a -0.12% movement compared to the previous day. This change lagged the S&P 500's daily gain of 0.16%. Meanwhile, the Dow gained 0.86%, and the Nasdaq, a tech-heavy index, lost 0.38%.The the stock of heating and cooling products maker has fallen by 10.03% in the past month, lagging the Auto-Tires-Trucks sector's loss of 6.74% and the S&P 500's loss of 2.2%.The investment community will be paying close attention to the earnings performance of Modi ...
Modine Announces India Expansion to Meet Growing Data Center Industry Demand
Prnewswire· 2025-01-07 11:00
Company Expansion - Modine plans to open a new manufacturing facility in Chennai, India, in mid-2025 to produce Airedale by Modine™ advanced cooling technologies and cooling modules for stationary power generation equipment [1] - The new facility aims to meet the growing demand for mission-critical cooling solutions in data centers, following recent expansions in Calgary, Canada, and Bradford, UK [1] - This will be Modine's second facility in India, with the first one established in 2007 for cooling modules in off-highway vehicles and power generation equipment [3] Strategic Growth and Market Trends - The expansion in India is part of Modine's strategy to capitalize on mega-trends like high-performance computing and AI, driven by increasing data center investments in India, Asia, and the Middle East [2][3] - India's growing economy, skilled labor, and enhanced connectivity to Africa, Asia, and the Middle East make it an attractive market for data center cooling technologies [2] - Modine's cooling modules enhance the performance and efficiency of stationary power generation units, which are critical for data center campuses [3] Global Operations and Capabilities - Modine operates globally with over 11,000 employees, providing thermal management solutions across North America, South America, Europe, and Asia [5] - The company's Climate Solutions and Performance Technologies segments focus on improving air quality, reducing energy and water consumption, and enabling cleaner-running vehicles and environmentally-friendly refrigerants [5] - Modine's Airedale by Modine™ brand invests heavily in R&D to design region-specific cooling technologies for data centers [3]
Modine Manufacturing: Still Not Too Late To Buy This NYSE Gem
Seeking Alpha· 2025-01-05 08:08
Mr. Mavroudis is a professional portfolio manager specializing in institutional and private portfolios. He focuses on risk management, which is accompanied by in-depth financial market analysis (fundamental, macro and technical) to control the risk undertaken by the portfolios. He invests in all financial instruments globally (stocks, bonds, fx, commodities), restructuring investment portfolios based on prevailing conditions and the needs of each client-investor. Mr. Mavroudis has successfully navigated all ...
Modine (MOD) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-12-27 23:50
The most recent trading session ended with Modine (MOD) standing at $118.65, reflecting a -1.54% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 1.11%. At the same time, the Dow lost 0.77%, and the tech-heavy Nasdaq lost 1.49%.The the stock of heating and cooling products maker has fallen by 9.65% in the past month, lagging the Auto-Tires-Trucks sector's gain of 21.83% and the S&P 500's gain of 0.4%.Analysts and investors alike will be keeping a close eye on th ...
Modine (MOD) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-12-26 23:55
In the latest market close, Modine (MOD) reached $120.50, with a +1.62% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.04%. At the same time, the Dow added 0.07%, and the tech-heavy Nasdaq lost 0.05%.Shares of the heating and cooling products maker have depreciated by 11.09% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 20.36% and the S&P 500's gain of 1.05%.Investors will be eagerly watching for the perfo ...
Modine (MOD) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-12-19 23:55
Modine (MOD) closed at $118.02 in the latest trading session, marking a +0.31% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.09%. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq decreased by 0.1%.The heating and cooling products maker's stock has dropped by 11.96% in the past month, falling short of the Auto-Tires-Trucks sector's gain of 16.11% and the S&P 500's loss of 0.29%.The investment community will be paying close ...
Modine Manufacturing: This Point Keeps Me From Investing
Seeking Alpha· 2024-11-14 11:46
I strongly believe that Modine Manufacturing Company (NYSE: MOD ) will grow its data center revenue significantly this year and next, and is an interesting play on the AI revolution. And we can see thatMy primary area of concentration will be on identifying companies of exceptional caliber, with a proven ability to reinvest capital for impressive returns. Targeting those with a market capitalization of less than $10 billion, affords ample opportunities for growth. The ideal scenario is for these companies t ...
Modine Manufacturing pany(MOD) - 2024 Q3 - Earnings Call Transcript
2024-10-30 17:38
Modine Manufacturing Company (NYSE:MOD) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Kathy Powers - VP, IR and Treasurer Neil Brinker - President and CEO Mick Lucareli - EVP and CFO Conference Call Participants Matt Summerville - D.A. Davidson Noah Kay - Oppenheimer Brian Drab - William Blair Jeff van Sinderen - B. Riley Securities FBR Operator Good morning ladies and gentlemen and welcome to Modine's Second Quarter Fiscal 2025 Earnings Conference Call. At this time all ...
Modine Manufacturing Company (MOD) Q3 2024 Earnings Conference Call Transcript
Seeking Alpha· 2024-10-30 17:38
Modine Manufacturing Company (NYSE:MOD) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Kathy Powers - VP, IR and Treasurer Neil Brinker - President and CEO Mick Lucareli - EVP and CFO Conference Call Participants Matt Summerville - D.A. Davidson Noah Kay - Oppenheimer Brian Drab - William Blair Jeff van Sinderen - B. Riley Securities FBR Operator Good morning ladies and gentlemen and welcome to Modine's Second Quarter Fiscal 2025 Earnings Conference Call. At this time all ...