Modine (MOD) Exceeds Market Returns: Some Facts to Consider

Company Performance - Modine's stock closed at $165.19, reflecting a +1.56% increase from the previous day, outperforming the S&P 500's gain of 0.21% [1] - Over the past month, Modine's shares have risen by 10.35%, while the Auto-Tires-Trucks sector gained 2.04% and the S&P 500 increased by 0.89% [1] Earnings Projections - The upcoming EPS for Modine is projected at $1.02, indicating a 10.87% increase compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $763.38 million, representing a 23.77% increase from the previous year [2] Full Year Estimates - For the full year, earnings are projected at $4.62 per share and revenue at $3.04 billion, showing increases of +14.07% and +17.58% respectively from the prior year [3] - Recent analyst estimate revisions suggest a favorable outlook on Modine's business health and profitability [3] Valuation Metrics - Modine's Forward P/E ratio stands at 35.23, which is significantly higher than the industry average of 16.59, indicating a premium valuation [6] - The company has a PEG ratio of 1.04, compared to the industry average PEG ratio of 1.22 [7] Industry Context - Modine operates within the Automotive - Original Equipment industry, which is ranked 88th by Zacks, placing it in the top 36% of over 250 industries [8] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]