
To get a sense of Modine's performance, let's take a look at their stock quote. Modine's stock price has been steadily increasing over the years, with a high of $36.65 in 2020.
One key factor driving their growth is their focus on innovation. By investing in research and development, Modine has been able to expand their product offerings and stay ahead of the competition.
In 2020, Modine reported a revenue of $1.3 billion, up from $1.2 billion in 2019. This represents a 7% increase in revenue.
Their diversified product portfolio has been a major contributor to their success, with a strong presence in the heating, ventilation, and air conditioning (HVAC) market.
Stock Performance
MOD's financial performance has been impressive, with a revenue increase of 4.78% in 2023 to $2.41 billion.
The company's earnings also saw a significant jump, rising 5.49% to $161.50 million in 2023.
In 2024, Modine Manufacturing stock doubled its value on the New York Stock Exchange, with 38 new all-time highs.
This strong upward trend is a clear indication of the company's growth potential.
MOD's fundamental analysis shows a mixed picture, with a valuation score of 3/6 and a future growth score of 4/6.
However, the company's financial health is a strong 6/6, indicating a solid financial foundation.
Here's a summary of MOD's price history and performance:
On October 2, MOD shares surged 4.6% in mid-day trading, reaching an intraday high of $133.59.
Investment Analysis
Analysts are optimistic about Modine Manufacturing's stock, with an average rating of "Strong Buy" from 5 analysts.
The stock price is expected to increase by 34.82% to $128.25 over the next 12 months, based on analyst forecasts.
Here's a summary of the analysts' opinions:
Analysts have consistently maintained a "Buy" rating for Modine Manufacturing, with some even revising their price targets upwards.
Analyst Forecast
Analyst Forecast is a crucial tool for investors to gauge the future performance of a company. Analysts from top firms like William Blair and D.A. Davidson & Co. have consistently rated MOD stock as a "Maintained Buy".
According to 5 analysts, the average rating for MOD stock is "Strong Buy". The 12-month stock price forecast is $128.25, which is an increase of 34.82% from the latest price.
Analysts' predictions for MOD's stock price are based on their analysis of the company's financial performance and market trends. For instance, D.A. Davidson & Co. has consistently maintained a "Buy" rating for MOD stock, with price targets ranging from $38 to $120.
Here's a summary of the analysts' ratings and price targets:
Note that these ratings and price targets are subject to change and should not be considered as investment advice. It's essential to do your own research and consult with a financial advisor before making any investment decisions.
Analysts' estimates for MOD's financial performance are also available, providing valuable insights into the company's growth prospects. According to the estimates, MOD's revenue is expected to increase from $2,616 in 2025 to $2,854 in 2026, with a compound annual growth rate (CAGR) of 8.5%.
Profitability Rank
When evaluating a company's profitability, there are several key metrics to consider. One of these is the Net Margin %, which indicates the percentage of revenue that remains as profit after deducting all expenses. In the company under analysis, the Net Margin % is 6.59.
A high Net Margin % is generally a good sign, as it suggests that the company is able to maintain a healthy profit margin even after accounting for all expenses. However, it's also worth noting that a low Net Margin % can be a sign of a company that is struggling to stay profitable.
The company's Net Margin % is also lower than its Operating Margin %, which is 11.1. This suggests that the company may be experiencing some inefficiencies in its operations that are eating into its profit margins.
Here are some key profitability metrics for the company:
Overall, the company's profitability metrics suggest that it is a relatively profitable business, but with some areas for improvement.
Business Growth
Modine Manufacturing's business growth is being driven by the data center demand, which is leading to a breakneck margin expansion. This is a significant development that is not being fully appreciated by the market.
The company's sales mix-shift is also contributing to its strong margin expansion. Modine Manufacturing's valuation is now attractive relative to its peers.
Data centers are increasingly turning to liquid cooling solutions, and Modine Manufacturing is well-positioned to capitalize on this trend. Critical Cooling Specialists has introduced a global CDU to meet this growing demand.
The data center boom is expected to remain a tailwind for Modine Manufacturing, thanks to the company's timely investments and strategic capacity expansions. This has helped MOD remain a Buy rating despite recent market volatility.
Modine Manufacturing's accretive M&A activities are also contributing to its business growth.
Frequently Asked Questions
Is modine manufacturing a good stock to buy?
According to analyst ratings, Modine Manufacturing has a Moderate Buy consensus, suggesting it may be a good investment opportunity. However, it's essential to research further and consider multiple factors before making a decision.
What is the price target for Modine?
The average price target for Modine Manufacturing Co is $147.35, representing a 26.25% potential upside from its current price. This estimate is based on the forecasts of 6 Wall Street analysts.
What is the stock price forecast for MOD in 2025?
According to Wall Street analysts, Modine Manufacturing Co's stock price is forecasted to reach $146.67 by October 31, 2025, representing a potential 23.61% upside from its current price of $118.65.
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