Zacks Investment Research Image Source: Shares of Modine Manufacturing Company (MOD) reached an all-time high of $117.04 on Jul 16, 2024. It is currently trading around just 2% off its record-high levels. Year to date, shares of MOD have surged more than 90%, handily outperforming the industry and close peers, including Dana Inc. (DAN) and Gentherm Inc. (THRM) . The impressive stock performance of MOD, which is a global leader in thermal management solutions, could be largely attributed to the acquisition o ...

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share pric ...

With 12kW of cooling capacity and 10kW of heating capacity, the EVantage CCS delivers optimal interior temperatures and performance in any operating environment. Its simple, lightweight, and modular design makes the CCS an ideal solution for a wide range of vehicle applications, including commercial, off-highway, and specialty EVs. Designed to seamlessly integrate into the vehicle's chassis to reduce design complexity, the system's high-performance capabilities are driven by smart electric components, such ...

Modine (MOD) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Revisions to Earnings Estimates Modine is expected to post earnings of $0.84 per share for the current quarter, representing a year-over-year change of -1.2%. Over the last 30 days, the Zacks Consensus Estimate has changed +7.1%. Having a strong externally audited track record, our proprietary stock rati ...

Prior to today's trading, shares of the heating and cooling products maker had lost 2.94% over the past month. This has was narrower than the Auto-Tires-Trucks sector's loss of 3.02% and lagged the S&P 500's gain of 3.15% in that time. Investors should also note any recent changes to analyst estimates for Modine. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Looking at its v ...

Let's take a look at what these Wall Street heavyweights have to say about Modine (MOD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Of the five recommendations that derive the current ABR, four are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 80% and 20% of all recommendations. Check price target & stock forecast for Modine here>>> In other words, their interests aren't always aligned with retail investors, rarely indicating ...

AB Volvo has a Zacks Rank of #2 (Buy), while Modine has a Zacks Rank of #4 (Sell) right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that VLVLY is likely seeing its earnings outlook improve to a greater extent. But this is just one piece of the puzzle for value investors. VLVLY currently has a forward P/E ratio of 10.60, while MOD has a forward P/E of 25.15. We also note that VLVLY has a PEG ratio of 0.63. ...

MOD's full-year Zacks Consensus Estimates are calling for earnings of $3.70 per share and revenue of $2.57 billion. These results would represent year-over-year changes of +13.85% and +6.89%, respectively. The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 159, placing it within the bottom 37% of over 250 industries. The latest trading session saw Modine (MOD) ending at $95.49, denoting a -0.61% adjustment from its ...

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A highe ...

Core Insights - Modine will host an Investor Day on September 11, 2024, at its global headquarters in Racine, Wisconsin, to discuss its multi-year strategy, growth opportunities, and financial targets [1][2] Company Overview - Modine is a diversified global leader in thermal management technology and solutions, with over 100 years of experience in the industry [4] - The company employs more than 11,000 people globally, providing solutions that improve air quality and conserve natural resources [4] - Modine operates in North America, South America, Europe, and Asia, focusing on Climate Solutions and Performance Technologies segments [4] Event Details - The Investor Day will feature presentations from Modine's President and CEO, Neil D. Brinker, and CFO, Michael B. Lucareli, along with other executive team members [2] - In-person attendance is by invitation only, and advanced registration is required, with further information to be provided soon [2] - A live webcast of the event will be available on Modine's investor website, and an archived version will be accessible after the event [3]