FMP

FMP

Modine Manufacturing Company (NYSE:MOD) Performance and Outlook

  • B. Riley reaffirms a "Buy" rating for Modine, increasing the price target from $160 to $180.
  • Modine's stock shows a 2.56% increase, outperforming major indexes, despite a monthly decline of 0.75%.
  • Upcoming earnings report expected to show an EPS of $1.01 and net sales of $690.47 million, indicating potential growth.

Modine Manufacturing Company, listed on the NYSE:MOD, is a prominent player in the thermal management industry. The company specializes in providing heating and cooling solutions for a variety of applications, including automotive, commercial, and industrial sectors. Modine competes with other major companies in the Auto-Tires-Trucks sector, striving to maintain its market position through innovation and strategic growth.

On October 21, 2025, B. Riley reaffirmed its "Buy" rating for Modine, with a "hold" action, indicating confidence in the stock's potential. At that time, the stock was priced at $157.10. B. Riley also increased Modine's price target from $160 to $180, as highlighted by TheFly, suggesting optimism about the company's future performance.

Recently, Modine's stock closed at $157.73, marking a 2.56% increase from the previous day. This gain surpassed the S&P 500's 1.07% rise, the Dow's 1.12% increase, and the Nasdaq's 1.37% growth. Despite this positive daily performance, Modine's shares have declined by 0.75% over the past month, underperforming the Auto-Tires-Trucks sector's 1.6% gain and the S&P 500's 1.08% increase.

Investors are eagerly awaiting Modine's earnings report on October 28, 2025. The company's earnings per share (EPS) are projected to be $1.01, reflecting a 4.12% increase from the same quarter last year. Additionally, the Zacks Consensus Estimate anticipates Modine's net sales to reach $690.47 million, a 4.93% rise from the previous year, indicating potential growth in the company's financial performance.

Currently, Modine's stock is priced at approximately $153.57, showing a decrease of about 2.64% or $4.16. The stock has fluctuated between a low of $153.50 and a high of $158 today. Over the past year, Modine's stock has reached a high of $164.89 and a low of $64.79. With a market capitalization of around $8.06 billion and a trading volume of 37,867 shares, Modine remains a significant player in its industry.