Modine Manufacturing (NYSE:MOD – Get Free Report) had its price objective lowered by equities researchers at UBS Group from $355.00 to $160.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a “buy” rating on the auto parts company’s stock. UBS Group‘s price target points to a potential upside of 66.81% from the company’s previous close.
Several other analysts have also recently weighed in on the stock. Cantor Fitzgerald lowered their price objective on shares of Modine Manufacturing from $275.00 to $178.00 and set an “overweight” rating on the stock in a research report on Thursday. Oppenheimer reduced their target price on Modine Manufacturing from $260.00 to $215.00 and set an “outperform” rating on the stock in a research note on Thursday. Robert W. Baird started coverage on Modine Manufacturing in a research report on Tuesday, October 6th. They set an “outperform” rating and a $300.00 price target on the stock. DA Davidson reaffirmed a “buy” rating and set a $330.00 price target on shares of Modine Manufacturing in a research note on Tuesday, October 27th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Modine Manufacturing in a report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Modine Manufacturing currently has an average rating of “Moderate Buy” and a consensus target price of $264.89.
View Our Latest Stock Analysis on MOD
Modine Manufacturing Price Performance
Shares of NYSE MOD traded up $4.53 during midday trading on Thursday, hitting $95.92. 2,970,915 shares of the company’s stock were exchanged, compared to its average volume of 1,417,418. The company has a current ratio of 2.04, a quick ratio of 1.22 and a debt-to-equity ratio of 0.39. The business’s fifty day moving average price is $166.23 and its two-hundred day moving average price is $214.16. The company has a market cap of $5.09 billion, a price-to-earnings ratio of 40.13, a PEG ratio of 0.44 and a beta of 1.86. Modine Manufacturing has a 12-month low of $87.84 and a 12-month high of $323.25.
Modine Manufacturing (NYSE:MOD – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The auto parts company reported $1.35 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.12). Modine Manufacturing had a net margin of 4.28% and a return on equity of 25.59%. The company had revenue of $994.40 million during the quarter, compared to analysts’ expectations of $978.31 million. During the same period in the prior year, the business earned $0.83 earnings per share. The company’s revenue for the quarter was up 34.6% compared to the same quarter last year. As a group, research analysts forecast that Modine Manufacturing will post 7.02 EPS for the current fiscal year.
Hedge Funds Weigh In On Modine Manufacturing
Several institutional investors and hedge funds have recently made changes to their positions in MOD. BlackRock Inc. bought a new stake in Modine Manufacturing in the second quarter worth $765,540,000. Paradigm Capital Management Inc. NY bought a new stake in shares of Modine Manufacturing in the 2nd quarter valued at about $388,140,000. Janus Henderson Group PLC boosted its holdings in Modine Manufacturing by 2,249.9% during the 1st quarter. Janus Henderson Group PLC now owns 523,507 shares of the auto parts company’s stock valued at $113,459,000 after acquiring an additional 501,229 shares during the period. Jupiter Topco LLC purchased a new stake in Modine Manufacturing during the 2nd quarter valued at about $123,873,000. Finally, Blue Whale Capital LLP bought a new position in Modine Manufacturing during the 2nd quarter worth approximately $123,747,000. Institutional investors own 95.23% of the company’s stock.
Key Stories Impacting Modine Manufacturing
Here are the key news stories impacting Modine Manufacturing this week:
- Positive Sentiment: Management raised its fiscal 2027 outlook, with reported expectations of 52.5% revenue growth and more than 50% adjusted EBITDA growth. The company cited accelerating data-center demand and plans to expand production capacity. Article: Modine Freefalls: AI Apocalypse Fears Meet Multi-Year Growth Tailwinds
- Positive Sentiment: Modine recorded a quarterly order intake of about $1 billion, highlighting potential for continued growth from AI-related data-center infrastructure demand. Article: Modine posts record $1B quarterly order intake on AI data center demand
- Neutral Sentiment: Analysts cut price targets—including UBS to $160 from $355—but retained positive ratings, including “buy.” The revisions reflect a more cautious valuation view even as analysts see substantial potential from current levels. Article: UBS Adjusts Modine Manufacturing Price Target
- Negative Sentiment: Fiscal second-quarter earnings missed analyst estimates; reports also cited weaker margins and faster cash burn. Negative free cash flow and rising net debt add to concerns about execution and the sustainability of AI-related spending. Article: Modine Q2 Earnings Miss: Is the Stock a Buy, Hold or Sell?
About Modine Manufacturing
Modine Manufacturing Company (NYSE: MOD) is a diversified thermal management company that develops and manufactures solutions for managing heat in vehicles, equipment, buildings and industrial systems. Its products are designed to improve efficiency, reliability and performance across a range of applications.
The company serves the automotive, commercial vehicle, off-highway, power generation, data center, heating, ventilation, air conditioning and refrigeration markets. Its offerings include heat exchangers, radiators, charge air coolers, battery and power electronics cooling systems, liquid-cooling equipment, coils and other thermal management components and systems.
Founded in 1916 by Arthur B.
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