Modine Manufacturing (NYSE:MOD) Announces Earnings Results, Beats Expectations By $0.13 EPS

Modine Manufacturing (NYSE:MOD - Get Free Report) posted its quarterly earnings data on Tuesday. The auto parts company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.79 by $0.13, Zacks reports. Modine Manufacturing had a return on equity of 24.25% and a net margin of 6.31%. Modine Manufacturing updated its FY 2025 guidance to 3.650-3.950 EPS.

Modine Manufacturing Trading Up 1.0 %

Shares of MOD stock traded up $0.96 during trading hours on Friday, hitting $98.65. The company had a trading volume of 1,744,157 shares, compared to its average volume of 1,356,263. Modine Manufacturing has a fifty-two week low of $69.00 and a fifty-two week high of $146.84. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.87 and a quick ratio of 1.09. The company's fifty day moving average is $121.42 and its 200 day moving average is $120.43. The stock has a market capitalization of $5.19 billion, a PE ratio of 33.10, a price-to-earnings-growth ratio of 0.75 and a beta of 2.31.

Analyst Upgrades and Downgrades

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.