Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Modine (MOD), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank for making informed investment decisions [1][3]. Brokerage Recommendations - Modine has an average brokerage recommendation (ABR) of 1.20, indicating a consensus between Strong Buy and Buy, with 80% of recommendations being Strong Buy and 20% being Buy [2]. - Despite the positive ABR, relying solely on this information for investment decisions may not be advisable, as studies show that brokerage recommendations often fail to guide investors effectively [3][4]. Analyst Bias - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings due to vested interests, issuing five "Strong Buy" recommendations for every "Strong Sell" [4][8]. - This misalignment of interests can lead to misleading guidance for retail investors regarding stock price movements [5][8]. Zacks Rank Comparison - The Zacks Rank, a proprietary stock rating tool, categorizes stocks from Strong Buy to Strong Sell and is based on earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [6][9]. - Unlike the ABR, which is based solely on brokerage recommendations, the Zacks Rank is a quantitative model that reflects timely changes in earnings estimates [7][10]. Earnings Estimates for Modine - The Zacks Consensus Estimate for Modine's earnings has increased by 0.3% over the past month to $3.86, indicating growing analyst optimism about the company's earnings prospects [11]. - This increase in consensus estimates, along with other factors, has resulted in a Zacks Rank of 1 (Strong Buy) for Modine, suggesting a potential for stock price appreciation [12].

Investor looking for opportunities with a nice risk-adjusted ROI. Focused on companies dominating their spaces, in sectors with long-term growth and resilience. Especially interested in Semiconductors, Cybersecurity, and Medical technology - but remaining open-minded to everything. I will generally hold for as long as I believe the company and the management can deliver results. For Dividend investing, I employ a rather aggressive strategy of high yields and, ideally, high growth, not shying away from globa ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of ...

Core Viewpoint - Modine (MOD) has received an upgrade to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The correlation between changes in a company's future earnings potential and its stock price movements is strong, largely influenced by institutional investors who adjust their valuations based on earnings estimates [3]. - Rising earnings estimates and the subsequent rating upgrade for Modine indicate an improvement in the company's underlying business, suggesting that investors may respond positively by driving the stock price higher [4]. Zacks Rank System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [6]. - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings, ensuring that only the top 20% of stocks receive a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [8][9]. Modine's Earnings Estimate Revisions - For the fiscal year ending March 2025, Modine is expected to earn $3.86 per share, reflecting an 18.8% increase from the previous year, with a 4.2% rise in the Zacks Consensus Estimate over the past three months [7].

The most recent trading session ended with Modine (MOD) standing at $130.87, reflecting a -0.74% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.17%. Meanwhile, the Dow experienced a drop of 0.44%, and the technology-dominated Nasdaq saw a decrease of 0.04%. Coming into today, shares of the heating and cooling products maker had gained 24.03% in the past month. In that same time, the Auto-Tires-Trucks sector gained 6.45%, while the S&P 500 gained 1.25%. The u ...

Stock Performance - Modine Manufacturing Co (MOD) shares increased by 4.60% during mid-day trading on October 2, reaching an intraday high of $133.59 before closing at $133.42, up from the previous close of $127.55 [1] - The current stock price is 4.00% below its 52-week high of $138.99 and 246.54% above its 52-week low of $38.50 [1] - Trading volume was 148,743 shares, which is 22.0% of the average daily volume of 674,887 [1] Analyst Forecasts - The average one-year price target for Modine Manufacturing Co (MOD) is $139.60, with a high estimate of $155.00 and a low estimate of $133.00, implying an upside of 4.63% from the current price of $133.42 [2] - The consensus recommendation from 6 brokerage firms gives Modine Manufacturing Co an average rating of 1.7, indicating "Outperform" status on a scale where 1 signifies Strong Buy and 5 denotes Sell [2] - GuruFocus estimates the GF Value for Modine Manufacturing Co in one year to be $25.79, suggesting a downside of 80.67% from the current price of $133.42 [2]

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Modine (MOD) . Modine currently has an average brokerage recommendation (A ...

Modine (MOD) closed the most recent trading day at $111.07, moving +0.23% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.72%, while the tech-heavy Nasdaq added 0.65%. Prior to today's trading, shares of the heating and cooling products maker had gained 0.89% over the past month. This has lagged the Auto-Tires-Trucks sector's gain of 10.04% and the S&P 500's gain of 4.86% in that time. The investment community will be close ...

Increased fiscal 2027 targets to deliver a 16-18% adjusted EBITDA margin and a 10-13% three-year compound average growth rate (CAGR) in revenue RACINE, Wis., Sept. 11, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today hosted an Investor Day at its global headquarters in Racine, Wisconsin. Members of the executive management team provided an update to the company's strategy to transform the company and drive sustainable shareholder valu ...

Investors interested in Automotive - Original Equipment stocks are likely familiar with Continental AG (CTTAY) and Modine (MOD) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings est ...