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 ...

Modine's executive leadership team will update the company's multi-year strategy, growth opportunities and financial targets RACINE, Wis., June 5, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host an Investor Day at its global headquarters in Racine, Wisconsin on September 11, 2024. Modine President and Chief Executive Officer, Neil D. Brinker, and Executive Vice President and Chief Financial Officer, Michae ...

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) 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. 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. Revisions to Earnings Estimates Here at Z ...

Racine transit system zero-emission buses equipped with Modine EVantage™ Thermal Management Systems to increase longevity and range. RACINE, Wis., May 29, 2024 /PRNewswire/ -- In support of sustainable mobility solutions across the City of Racine, Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced a collaboration with RYDE Racine, the city's comprehensive public transportation system. As part of an initiative to modernize and reduce public transit ...

Company Participants Chris Moore - CJS Securities Noah Kaye - Oppenheimer & Company Matt Summerville - D.A. Davidson Brian Sponheimer - Gabelli Funds Good morning, ladies and gentlemen. And welcome to Modine's Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct the questionand-answer session. Instructions will follow at that time [Operator Instructions]. As a reminder, this conference call is being recorded. I would n ...