Modine Manufacturing (NYSE:MOD) Issues Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Modine Manufacturing (NYSE:MOD) announced its quarterly earnings data on Tuesday. The auto parts company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.13, Zacks reports. Modine Manufacturing had a return on equity of 23.96% and a net margin of 6.59%. Modine Manufacturing updated its FY 2025 guidance to 3.650-3.950 EPS.

Modine Manufacturing Price Performance

Modine Manufacturing stock opened at $106.18 on Thursday. The company has a current ratio of 1.77, a quick ratio of 1.09 and a debt-to-equity ratio of 0.41. The company has a 50-day moving average price of $122.88 and a 200 day moving average price of $120.70. Modine Manufacturing has a 12-month low of $67.77 and a 12-month high of $146.84. The stock has a market cap of $5.57 billion, a P/E ratio of 34.81, a PEG ratio of 0.78 and a beta of 2.31.

Wall Street Analyst Weigh In

Separately, Oppenheimer boosted their price target on shares of Modine Manufacturing from $144.00 to $145.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st.

About Modine Manufacturing

Modine Manufacturing Company provides thermal management products and solutions in the United States, Italy, Hungary, China, the United Kingdom, and internationally. It operates through Climate Solutions and Performance Technologies segments. The company offers heat transfer coils, including heat recovery and round tube plate fin coils; gas-fired, hydronic, electric and oilfired unit heaters; roof-mounted direct- and indirect-fired makeup air units; duct furnaces; infrared units; perimeter heating products; single packaged unit ventilators; modular chillers; air handler and condensing units; ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers.