StocksFundsScreenerSectorsWatchlists
MOD

MOD - Modine Manufacturing Co Stock Price, Fair Value and News

86.53USD+2.84 (+3.39%)Market Closed

Market Summary

MOD
USD86.53+2.84
Market Closed
3.39%

MOD Alerts

  • 2 major insider sales recently.

MOD Stock Price

View Fullscreen

MOD RSI Chart

MOD Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

19.29

Price/Sales (Trailing)

1.8

EV/EBITDA

15.31

Price/Free Cashflow

28.13

MOD Price/Sales (Trailing)

MOD Profitability

EBT Margin

8.97%

Return on Equity

31.15%

Return on Assets

13.72%

Free Cashflow Yield

3.55%

MOD Fundamentals

MOD Revenue

Revenue (TTM)

2.4B

Rev. Growth (Yr)

0.25%

Rev. Growth (Qtr)

-9.52%

MOD Earnings

Earnings (TTM)

226.6M

Earnings Growth (Yr)

81.22%

Earnings Growth (Qtr)

-5.33%

Breaking Down MOD Revenue

Last 7 days

-9.4%

Last 30 days

-15.4%

Last 90 days

26.2%

Trailing 12 Months

288.5%

How does MOD drawdown profile look like?

MOD Financial Health

Current Ratio

1.93

Debt/Equity

0.43

Debt/Cashflow

0.68

MOD Investor Care

Shares Dilution (1Y)

0.17%

Diluted EPS (TTM)

4.26

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.3B2.4B2.4B2.4B
20222.1B2.1B2.2B2.3B
20211.8B2.0B2.0B2.0B
20202.0B1.8B1.8B1.8B
20192.2B2.2B2.1B2.1B
20182.1B2.2B2.2B2.2B
20171.5B1.7B1.9B2.0B
20161.4B1.4B1.3B1.4B
20151.5B1.4B1.4B1.4B
20141.5B1.5B1.5B1.5B
20131.4B1.4B1.4B1.4B
20121.6B1.5B1.5B1.4B
20111.4B1.5B1.6B1.6B
20101.2B1.2B1.3B1.4B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Modine Manufacturing Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 28, 2024
agen brian jon
sold
-1,606,580
95.6357
-16,799
vp, human resources
Mar 28, 2024
agen brian jon
acquired
190,489
11.3393
16,799
vp, human resources
Mar 18, 2024
wilson david j.
sold
-713,768
89.221
-8,000
-
Mar 07, 2024
patterson christopher william
sold
-1,288,240
90.5619
-14,225
-
Feb 29, 2024
lucareli michael b
acquired
774,640
9.41102
82,312
evp, cfo
Feb 29, 2024
lucareli michael b
sold
-7,434,870
90.3255
-82,312
evp, cfo
Feb 23, 2024
mcginnis eric s
sold (taxes)
-92,352
81.8
-1,129
president, climate solutions
Dec 14, 2023
lucareli michael b
sold
-1,100,000
55.00
-20,000
evp, cfo
Dec 08, 2023
patterson christopher william
sold
-339,458
53.0403
-6,400
-
Nov 27, 2023
roth erin jennifer
acquired
-
-
1,656
vp, gc and cco

1–10 of 50

Which funds bought or sold MOD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 19, 2024
Mesirow Financial Investment Management, Inc.
reduced
-23.1
94,947
519,071
2.59%
Apr 19, 2024
CALDWELL SUTTER CAPITAL, INC.
reduced
-17.51
429,796
1,793,280
0.86%
Apr 19, 2024
VALLEY NATIONAL ADVISERS INC
new
-
1,000
1,000
-%
Apr 19, 2024
Riverwater Partners LLC
added
0.65
847,809
2,249,620
1.65%
Apr 18, 2024
AlphaMark Advisors, LLC
new
-
485,000
485,000
0.17%
Apr 18, 2024
Oliver Luxxe Assets LLC
new
-
2,774,600
2,774,600
0.58%
Apr 18, 2024
Capital Advisors, Ltd. LLC
unchanged
-
-
1,000
-%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
added
24.22
5,633,120
11,377,400
0.02%
Apr 18, 2024
SJS Investment Consulting Inc.
new
-
286
286
-%
Apr 18, 2024
West Oak Capital, LLC
new
-
14,000
14,000
0.01%

1–10 of 49

Are Funds Buying or Selling MOD?

Are funds buying MOD calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MOD
No. of Funds

Unveiling Modine Manufacturing Co's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
frontier capital management co llc
2.86%
1,495,855
SC 13G/A
Feb 13, 2024
vanguard group inc
5.88%
3,070,556
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
7.3%
3,810,929
SC 13G/A
Feb 01, 2024
gamco investors, inc. et al
1.15%
602,700
SC 13D/A
Jan 25, 2024
blackrock inc.
8.2%
4,295,927
SC 13G/A
Dec 07, 2023
gamco investors, inc. et al
1.41%
737,600
SC 13D/A
Jul 21, 2023
gamco investors, inc. et al
1.58%
825,900
SC 13D/A
Feb 14, 2023
frontier capital management co llc
6.4%
3,325,612
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
7.2%
3,739,861
SC 13G/A
Feb 09, 2023
vanguard group inc
5.26%
2,742,622
SC 13G/A

Recent SEC filings of Modine Manufacturing Co

View All Filings
Date Filed Form Type Document
Apr 01, 2024
4
Insider Trading
Mar 28, 2024
144
Notice of Insider Sale Intent
Mar 19, 2024
4
Insider Trading
Mar 15, 2024
144
Notice of Insider Sale Intent
Mar 08, 2024
4
Insider Trading
Mar 07, 2024
144
Notice of Insider Sale Intent
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
8-K
Current Report
Feb 29, 2024
144
Notice of Insider Sale Intent
Feb 28, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Modine Manufacturing Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
468.2B
96.8B
-16.30% -9.80%
31.22
4.84
18.80% 19.44%
48.9B
171.8B
-1.17% 26.27%
4.85
0.28
9.64% 2.33%
48.5B
176.2B
-5.89% 2.27%
11.14
0.28
11.47% 328.08%
19.4B
20.1B
-11.90% -34.38%
6.61
0.97
14.65% 394.61%
10.8B
26.5B
-17.75% 1.30%
22.44
0.41
-10.61% -1.15%
MID-CAP
7.5B
15.0B
0.24% -32.88%
12.06
0.5
12.05% -33.79%
6.8B
3.0B
0.95% 68.25%
10.16
2.25
9.61% 26.74%
4.4B
14.8B
-1.54% 5.06%
7.29
0.3
-4.09% -39.59%
3.4B
20.1B
-9.73% 13.05%
-4.9
0.17
-3.55% -440.59%
2.6B
15.4B
-14.63% -26.70%
12.35
0.17
7.09% 494.44%
SMALL-CAP
1.1B
1.2B
-2.30% 91.47%
17.84
0.9
33.91% 215.64%
828.9M
6.1B
0.28% -2.21%
-24.67
0.14
4.78% -152.26%
110.2M
576.4M
4.62% -23.63%
2.93
0.19
8.84% 77.79%
50.4M
13.1M
-30.43% -84.00%
-0.41
3.85
160.69% -5.67%
6.7M
498.9K
-16.36% 137.93%
-0.2
13.46
-83.32% -48.94%

Modine Manufacturing Co News

Latest updates
MarketBeat • 28 hours ago
Yahoo Canada Finance • 19 Apr 2024 • 09:45 pm
Zacks Investment Research • 18 Apr 2024 • 12:06 pm
Seeking Alpha • 16 Apr 2024 • 08:23 am

Modine Manufacturing Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-9.5%561621622618560579541574502479495515484461348473473500529557541
Gross Profit-5.8%12713512811298.0096.0083.0095.0075.0066.0073.0084.0083.0081.0046.0075.0074.0076.0083.0092.0092.00
  S&GA Expenses-1.3%68.0069.0061.0061.0058.0059.0056.0054.0050.0052.0059.0059.0056.0051.0045.0055.0064.0067.0064.0064.0057.00
EBITDA Margin8.0%0.12*0.11*0.10*0.09*0.08*0.10*0.09*0.08*0.07*-0.02*-0.01*-0.02*---------
Interest Expenses-4.9%6.006.006.006.006.005.004.004.004.004.004.004.005.005.005.005.006.006.006.006.006.00
Income Taxes-19.5%10.0013.0015.00-48.109.006.005.008.000.005.002.00-5.1082.0014.00-0.204.002.004.003.004.009.00
Earnings Before Taxes-7.2%55.0060.0060.0042.0033.0031.0019.0016.0075.006.005.00-19.70-11323.00-8.60-2.303.00-1.1011.0011.0027.00
EBT Margin11.3%0.09*0.08*0.07*0.05*0.04*0.06*0.06*0.05*0.03*-0.06*-0.05*-0.07*---------
Net Income-5.3%44.0047.0045.0090.0025.0024.0014.008.0074.001.003.00-15.25-1959.00-8.40-6.701.00-4.708.006.0018.00
Net Income Margin9.6%0.09*0.09*0.08*0.07*0.03*0.05*0.05*0.04*0.03*-0.11*-0.10*-0.12*---------
Free Cashflow-19.7%47.0058.0027.0024.00-0.4029.004.00-5.5016.00-17.90-21.50-5.70---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.9%1,6511,6051,6081,5661,4471,3921,4251,4271,3811,3221,3271,2771,3071,5111,5171,5361,5351,5651,6011,5381,513
  Current Assets2.2%918898894846808767782758702697691645629616617633611642652647615
    Cash Equivalents24.5%15012093.0067.0082.0070.0059.0045.0061.0062.0060.0046.0078.0063.0078.0071.0037.0039.0030.0042.0031.00
  Inventory6.2%341322334325314294311281278249229196191202210207224223216201211
  Net PPE4.4%317304310315301291300315318266272270305439439448467466479485489
  Goodwill1.5%167164166166165161165168170170171171172169167166168166169169169
Liabilities-1.6%9169319639669469429789699449589609219589891,0241,0439921,0391,055997972
  Current Liabilities-3.6%476493507507466487496495434454468469421392357372474618558470475
  Short Term Borrowings-100.0%-0.008.004.0011.0015.007.008.00-0.001.001.001.0017.0025.0015.0010113912219.0068.00
  Long Term Debt-2.9%314323330329359334360348369367349311342374448452330232302382354
Shareholder's Equity7.9%727674645593502451447458438364367356349522493494543526546541541
  Retained Earnings7.5%633589542498408383359344336262262259274470461470477475480472466
  Additional Paid-In Capital1.2%280276273271269266263262261259257255249247246245244243240239237
Shares Outstanding0%52.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0051.00---------
Minority Interest11.4%8.007.007.007.007.006.006.007.007.007.007.007.007.006.006.006.006.006.006.007.007.00
Float------662---576---313---562---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-7.1%64.0069.0042.0040.0012.0042.0015.004.0026.00-8.90-10.103.0059.0075.0012.0012.0028.0017.001.0036.0031.00
  Share Based Compensation0%3.003.002.002.002.002.001.001.001.002.001.002.002.001.001.001.001.003.002.001.002.00
Cashflow From Investing-25.6%-20.10-16.00-18.40-15.20-12.30-12.50-10.40-9.30-12.70-13.50-15.50-8.90-9.10-4.80-8.50-13.40-10.50-18.10-18.50-15.10-20.70
Cashflow From Financing15.7%-18.80-22.304.00-40.7010.00-14.5012.00-11.00-13.5024.0039.00-24.50-36.70-85.702.0037.00-20.4011.006.00-9.60-15.40
  Buy Backs-52.2%4.009.00-3.002.002.001.00-----------2.00-1.00

MOD Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]    
Net sales$ 561.4$ 560.0$ 1,804.3$ 1,679.8
Cost of sales434.1462.41,414.01,402.6
Gross profit127.397.6390.3277.2
Selling, general and administrative expenses68.058.0198.3173.1
Restructuring expenses1.60.12.12.2
Gain on sale of assets(4.0)0.0(4.0)0.0
Operating income61.739.5193.9101.9
Interest expense(5.8)(5.9)(17.8)(14.7)
Other expense - net(0.5)(0.4)(1.0)(4.1)
Earnings before income taxes55.433.2175.183.1
Provision for income taxes(10.3)(8.5)(37.8)(19.8)
Net earnings45.124.7137.363.3
Net earnings attributable to noncontrolling interest(0.7)(0.2)(1.6)(0.1)
Net earnings attributable to Modine$ 44.4$ 24.5$ 135.7$ 63.2
Net earnings per share attributable to Modine shareholders:    
Basic (in dollars per share)$ 0.85$ 0.47$ 2.59$ 1.21
Diluted (in dollars per share)$ 0.83$ 0.46$ 2.55$ 1.2
Weighted-average shares outstanding:    
Basic (in shares)52.352.352.452.2
Diluted (in shares)53.252.953.252.7

MOD Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Mar. 31, 2023
ASSETS  
Cash and cash equivalents$ 149.7$ 67.1
Trade accounts receivable - net364.4398.0
Inventories341.3324.9
Other current assets62.856.4
Total current assets918.2846.4
Property, plant and equipment - net317.3314.5
Intangible assets - net78.481.1
Goodwill166.7165.6
Deferred income taxes78.183.7
Other noncurrent assets92.774.6
Total assets1,651.41,565.9
LIABILITIES AND SHAREHOLDERS' EQUITY  
Short-term debt0.03.7
Long-term debt - current portion19.719.7
Accounts payable255.3332.8
Accrued compensation and employee benefits79.689.8
Other current liabilities120.961.1
Total current liabilities475.5507.1
Long-term debt313.5329.3
Deferred income taxes5.84.8
Pensions31.040.2
Other noncurrent liabilities90.484.9
Total liabilities916.2966.3
Commitments and contingencies (see Note 18)
Shareholders' equity:  
Preferred stock, $0.025 par value, authorized 16.0 million shares, issued - none0.00.0
Common stock, $0.625 par value, authorized 80.0 million shares, issued 55.9 million and 55.4 million shares35.034.6
Additional paid-in capital279.6270.8
Retained earnings633.2497.5
Accumulated other comprehensive loss(153.8)(161.1)
Treasury stock, at cost, 3.7 million and 3.3 million shares(66.6)(49.0)
Total Modine shareholders' equity727.4592.8
Noncontrolling interest7.86.8
Total equity735.2599.6
Total liabilities and equity$ 1,651.4$ 1,565.9
MOD
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications. It operates through Climate Solutions and Performance Technologies segments. The company offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; perimeter heating products, such as commercial fin-tube radiation, cabinet unit heaters, and convectors; roof-mounted direct- and indirect-fired makeup air units; unit ventilators; single packaged vertical units; precision air conditioning units for data center applications; air handler units; fan walls; chillers; ceiling cassettes; hybrid fan coils; and condensers and condensing units. It also provides heat recovery, round tube plate fin, and motor and generator cooling coils; evaporator unit, fluid, transformer oil, gas, and dry and brine coolers, as well as remote condensers; and coatings to protect against corrosion. In addition, the company offers powertrain cooling products, including engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products comprising exhaust gas recirculation, engine oil, fuel, and charge air coolers; liquid-cooled products, such as engine oil, EGR, liquid charge air, transmission and retarder oil, fuel coolers, and condensers; and complete battery thermal management systems and electronics cooling packages. It serves heating, ventilation, and cooling OEMs; construction architects and contractors; wholesalers of heating equipment; automobile, truck, bus, and specialty vehicle OEMs; agricultural, industrial, and construction equipment OEMs; and commercial and industrial equipment OEMs. The company has operations in North America, South America, Europe, and Asia. Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wisconsin.
 CEO
 WEBSITEmodine.com
 INDUSTRYAutos
 EMPLOYEES11000

Modine Manufacturing Co Frequently Asked Questions


What is the ticker symbol for Modine Manufacturing Co? What does MOD stand for in stocks?

MOD is the stock ticker symbol of Modine Manufacturing Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Modine Manufacturing Co (MOD)?

As of Fri Apr 19 2024, market cap of Modine Manufacturing Co is 4.37 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MOD stock?

You can check MOD's fair value in chart for subscribers.

What is the fair value of MOD stock?

You can check MOD's fair value in chart for subscribers. The fair value of Modine Manufacturing Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Modine Manufacturing Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MOD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Modine Manufacturing Co a good stock to buy?

The fair value guage provides a quick view whether MOD is over valued or under valued. Whether Modine Manufacturing Co is cheap or expensive depends on the assumptions which impact Modine Manufacturing Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MOD.

What is Modine Manufacturing Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, MOD's PE ratio (Price to Earnings) is 19.29 and Price to Sales (PS) ratio is 1.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MOD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Modine Manufacturing Co's stock?

In the past 10 years, Modine Manufacturing Co has provided 0.182 (multiply by 100 for percentage) rate of return.