Modine Manufacturing Stock Today

MOD Stock  USD 140.49  6.84  5.12%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 4

 
High
 
Low
Very Low
Modine Manufacturing is trading at 140.49 as of the 21st of November 2024, a 5.12% up since the beginning of the trading day. The stock's lowest day price was 134.66. Modine Manufacturing has only four percent chance of going through some form of financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Modine Manufacturing are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
26th of March 1990
Category
Consumer Cyclical
Classification
Consumer Discretionary
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer vehicular applications. Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wisconsin. The company has 52.5 M outstanding shares of which 3.43 M shares are now shorted by investors with about 5.52 days to cover. More on Modine Manufacturing

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Modine Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOThomas Burke
Thematic Ideas
(View all Themes)
Old NameMOD Resources Limited
Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NYSE Composite, Cars, Automobiles and Trucks, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.131.3008
Fairly Down
Slightly volatile
Gross Profit Margin0.260.224
Fairly Up
Pretty Stable
Net Debt471.3 M448.9 M
Sufficiently Up
Slightly volatile
Total Current Liabilities285.7 M545.8 M
Way Down
Slightly volatile
Non Current Liabilities Total278.8 M550.2 M
Way Down
Slightly volatile
Total Assets990 M1.9 B
Way Down
Slightly volatile
Total Current Assets463.4 M894 M
Way Down
Slightly volatile
Total Cash From Operating Activities225.3 M214.6 M
Sufficiently Up
Slightly volatile
Debt Levels
Modine Manufacturing can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Modine Manufacturing's financial leverage. It provides some insight into what part of Modine Manufacturing's total assets is financed by creditors.
Liquidity
Modine Manufacturing has 509 M in debt with debt to equity (D/E) ratio of 0.99, which is OK given its current industry classification. Modine Manufacturing has a current ratio of 1.55, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Modine to invest in growth at high rates of return.

Change To Inventory

(16.43 Million)
Modine Manufacturing (MOD) is traded on New York Stock Exchange in USA. It is located in 1500 DeKoven Avenue, Racine, WI, United States, 53403-2552 and employs 11,000 people. Modine Manufacturing is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 7.02 B. Modine Manufacturing runs under Automobile Components sector within Consumer Discretionary industry. The entity has 52.5 M outstanding shares of which 3.43 M shares are now shorted by investors with about 5.52 days to cover. Modine Manufacturing has about 67.1 M in cash with 214.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13.
Check Modine Manufacturing Probability Of Bankruptcy
Ownership Allocation
The majority of Modine Manufacturing outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Modine Manufacturing to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Modine Manufacturing. Please pay attention to any change in the institutional holdings of Modine Manufacturing as this could imply that something significant has changed or is about to change at the company.
Check Modine Ownership Details

Modine Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-06-30
1.2 M
Principal Financial Group Inc2024-09-30
1.2 M
Driehaus Capital Management Llc2024-06-30
1.1 M
Capital Research & Mgmt Co - Division 32024-09-30
M
Alliancebernstein L.p.2024-06-30
M
T. Rowe Price Investment Management,inc.2024-09-30
944.2 K
Frontier Capital Management Co Inc2024-09-30
787.2 K
Ameriprise Financial Inc2024-06-30
748.9 K
Hennessy Advisors, Inc.2024-09-30
720.1 K
Blackrock Inc2024-06-30
5.5 M
Vanguard Group Inc2024-09-30
M
View Modine Manufacturing Diagnostics

Modine Manufacturing Historical Income Statement

At present, Modine Manufacturing's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 263.2 M, whereas Total Revenue is forecasted to decline to about 1.4 B. View More Fundamentals

Modine Stock Against Markets

Modine Manufacturing Corporate Directors

David AndersonIndependent DirectorProfile
Larry MooreIndependent DirectorProfile
Eric AshlemanIndependent DirectorProfile
Charles CooleyIndependent DirectorProfile
When determining whether Modine Manufacturing is a strong investment it is important to analyze Modine Manufacturing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Modine Manufacturing's future performance. For an informed investment choice regarding Modine Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modine Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.
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Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Modine Manufacturing. If investors know Modine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Modine Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Earnings Share
3.05
Revenue Per Share
47.367
Quarterly Revenue Growth
0.06
Return On Assets
0.0984
The market value of Modine Manufacturing is measured differently than its book value, which is the value of Modine that is recorded on the company's balance sheet. Investors also form their own opinion of Modine Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Modine Manufacturing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Modine Manufacturing's market value can be influenced by many factors that don't directly affect Modine Manufacturing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Modine Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modine Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modine Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.