In the latest trading session, Modine (MOD) closed at $95.54, marking a -1.24% move from the previous day. This change lagged the S&P 500's daily gain of 0.32%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.35%.The the stock of heating and cooling products maker has risen by 1.63% in the past month, leading the Auto-Tires-Trucks sector's loss of 7.23% and the S&P 500's loss of 2%.The upcoming earnings release of Modine will be of great interest to investors. In that report, an ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...

Investors interested in Automotive - Original Equipment stocks are likely familiar with Modine (MOD) and Ferrari (RACE) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.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 proven Zacks Rank emphasizes companies with positive estima ...

Additional facility in Serbia will manufacture coils for commercial and residential heat pump applications. RACINE, Wis., April 23, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified leader in thermal management technologies and solutions, officially marked the opening of a second facility in Sremska, Serbia, to manufacture coils for commercial and residential heat pump applications. Serbian Prime Minister-designate Milos Vučević and U.S. Ambassador to Serbia Christopher Hill were among the dignitaries ...

Modine (MOD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this heating and cooling products maker have returned -13.5%, compared to the Zacks S&P 500 composite's -1.7% change. During this period, the Zacks Automotive - Original Equipment industry, which Modine falls in, has lost 1.9%. The key question now is: What could be the stock's future dir ...

Adjusted EBITDA & Q3 FY23 Q3 FY24 EBITDA Margin* $73.9 9.5% 13.2% ▪ Strong conversion of 530 bps gross margin improvement, driven by higher average selling prices and ongoing 80/20 initiatives * See appendix for the full GAAP income statement and Non-GAAP reconciliations Cash Flow and Metrics Capital Expenditures $44 million ▪ Leverage ratio improved from 0.8x to 0.7x during the quarter * See appendix for the full GAAP income statement and Non-GAAP reconciliations Raising Adjusted EBITDA Outlook ▪ Expect Da ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 1-1373 MODINE MANUFACTURING COMPANY (Exact name of registrant as specified in its charter) Wisconsin 39-0482000 ( ...

month for us as we track the order rates as well as November. And weÂ're going to track those on a day-to-day basis to see exactly when we start to see the recovery and rebound. So I think weÂ're near where we thought we would be and weÂ're going to know a lot more in the next four weeks how strong the recovery will be, Matt. Thank you. As there are no further questions at this time, I would now turn the conference over to Kathy Powers. Please go ahead. Company Participants Good morning, and thank you for j ...

| --- | --- | --- | --- | --- | --- | |-------|-----------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | Second Quarter Fiscal 2024 | | | | | | | November 2, 2023 | | | | | MICK LUCARELI Executive Vice President and Chief Financial Officer Forward-Looking Statements 3 FY2025-27 Targets ▪ Solid sales growth of 7%, driven by increases in both Climate Solutions and Performance Technologies segments ▪ Second quarter results are clearly ahead of our adjusted EBI ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 1-1373 MODINE MANUFACTURING COMPANY (Exact name of registrant as specified in its charter) Wisconsin 39-0482000 ...