Where Modine Manufacturing Stands With Analysts

6 analysts have expressed a variety of opinions on Modine Manufacturing MOD over the past quarter, offering a diverse set of opinions from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $89.0, a high estimate of $105.00, and a low estimate of $73.00. This upward trend is evident, with the current average reflecting a 24.91% increase from the previous average price target of $71.25.

Diving into Analyst Ratings: An In-Depth Exploration

The perception of Modine Manufacturing by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Modine Manufacturing. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Modine Manufacturing compared to the broader market.
• Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Modine Manufacturing's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Modine Manufacturing analyst ratings.

Unveiling the Story Behind Modine Manufacturing

Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications primarily in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers.

Unraveling the Financial Story of Modine Manufacturing

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Growth: Modine Manufacturing's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 0.25%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Net Margin: Modine Manufacturing's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 7.91%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Modine Manufacturing's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 6.37%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Modine Manufacturing's ROA excels beyond industry benchmarks, reaching 2.73%. This signifies efficient management of assets and strong financial health.

Debt Management: Modine Manufacturing's debt-to-equity ratio is below the industry average. With a ratio of 0.46, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.