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modine manufacturing - MOD

MOD

Close Chg Chg %
133.72 6.53 4.88%

Pre-Market

140.25

+6.53 (4.88%)

Volume: 728.96K

Last Updated:

Nov 21, 2024, 3:59 PM EDT

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Company Overview: modine manufacturing - MOD

MOD Key Data

Open

$135.52

 Day Range

134.66 - 142.12

52 Week Range

48.89 - 142.12

 Market Cap

$7.02B

Shares Outstanding

52.50M

 Public Float

51.49M

Beta

2.24

 Rev. Per Employee

N/A

P/E Ratio

43.86

 EPS

$3.12

Yield

0.00%

 Dividend

$0.10

EX-DIVIDEND DATE

Nov 19, 2008

 SHORT INTEREST

N/A

AVERAGE VOLUME

781.55K

  

MOD Performance

1 Week
 
 8.42%
 
1 Month
 
 5.03%
 
3 Months
 
 11.92%
 
1 Year
 
 158.06%
 
5 Years
 
 1,703.64%
 

MOD Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 7
Full Ratings ➔

About modine manufacturing - MOD

Modine Manufacturing Co. engages in the provision of thermal management products and solutions. It operates through the Climate Solutions and Performance Technologies business segments. The Climate Solutions segment provides climate-controlled solutions and components, heat transfer products, heating, ventilating, air conditioning and refrigeration products, and data center cooling solutions. The Performance Technologies segment designs and manufactures air- and liquid-cooled technology for vehicular, stationary power, and industrial applications. In addition, the Performance Technologies segment provides thermal solutions to zero-emission and hybrid commercial vehicle and automotive customers, and coating products and application services. The company was founded by Arthur B. Modine on June 23, 1916 and is headquartered in Racine, WI.

MOD At a Glance

Modine Manufacturing Co.
1500 DeKoven Avenue
Racine, Wisconsin 53403-2552
Phone 1-262-636-1200 Revenue 2.41B
Industry Industrial Machinery Net Income 161.50M
Sector Producer Manufacturing 2024 Sales Growth 4.813%
Fiscal Year-end 03 / 2025 Employees 11,400
View SEC Filings

MOD Valuation

P/E Current 43.863
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 31.475
Price to Sales Ratio 2.111
Price to Book Ratio 6.672
Price to Cash Flow Ratio 23.687
Enterprise Value to EBITDA 17.905
Enterprise Value to Sales 2.30
Total Debt to Enterprise Value 0.092

MOD Efficiency

Revenue/Employee 211,263.158
Income Per Employee 14,166.667
Receivables Turnover 5.526
Total Asset Turnover 1.409

MOD Liquidity

Current Ratio 1.638
Quick Ratio 0.982
Cash Ratio 0.11

MOD Profitability

Gross Margin 22.397
Operating Margin 10.517
Pretax Margin 8.91
Net Margin 6.706
Return on Assets 9.452
Return on Equity 24.097
Return on Total Capital 12.852
Return on Invested Capital 14.812

MOD Capital Structure

Total Debt to Total Equity 68.085
Total Debt to Total Capital 40.506
Total Debt to Total Assets 27.491
Long-Term Debt to Equity 61.798
Long-Term Debt to Total Capital 36.766
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Modine Manufacturing - MOD

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.81B 2.05B 2.30B 2.41B
Sales Growth
-8.47% +13.40% +12.05% +4.81%
Cost of Goods Sold (COGS) incl D&A
1.51B 1.74B 1.90B 1.87B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
68.60M 54.80M 54.50M 56.10M
Depreciation
60.10M 46.40M 46.50M 46.90M
Amortization of Intangibles
8.50M 8.40M 8.00M 9.20M
COGS Growth
-9.47% +15.42% +9.31% -1.87%
Gross Income
298.80M 308.30M 393.10M 539.40M
Gross Income Growth
-3.02% +3.18% +27.51% +37.22%
Gross Profit Margin
+16.52% +15.03% +17.11% +22.40%
2021 2022 2023 2024 5-year trend
SG&A Expense
203.20M 209.20M 233.10M 273.20M
Research & Development
46.30M 50.30M 44.00M 42.00M
Other SG&A
156.90M 158.90M 189.10M 231.20M
SGA Growth
-3.05% +2.95% +11.42% +17.20%
Other Operating Expense
- 5.50M 3.50M 12.90M
Unusual Expense
187.20M (24.20M) 9.10M 17.90M
EBIT after Unusual Expense
(97.10M) 123.30M 147.40M 235.40M
Non Operating Income/Expense
(2.80M) (6.20M) (1.40M) 3.30M
Non-Operating Interest Income
500.00K 400.00K 1.30M 4.30M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
19.40M 15.60M 20.70M 24.10M
Interest Expense Growth
-14.54% -19.59% +32.69% +16.43%
Gross Interest Expense
19.40M 15.60M 20.70M 24.10M
Interest Capitalized
- - - -
-
Pretax Income
(119.30M) 101.50M 125.30M 214.60M
Pretax Income Growth
-1,247.12% +185.08% +23.45% +71.27%
Pretax Margin
-6.60% +4.95% +5.45% +8.91%
Income Tax
90.20M 15.20M (28.30M) 51.20M
Income Tax - Current - Domestic
300.00K 1.20M 3.80M 4.00M
Income Tax - Current - Foreign
22.00M 17.80M 27.50M 41.00M
Income Tax - Deferred - Domestic
- 67.50M (58.90M) 6.20M
Income Tax - Deferred - Foreign
- 400.00K (3.80M) (700.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(209.50M) 86.30M 153.60M 163.40M
Minority Interest Expense
1.20M 1.10M 500.00K 1.90M
Net Income
(210.70M) 85.20M 153.10M 161.50M
Net Income Growth
-9,477.27% +140.44% +79.69% +5.49%
Net Margin Growth
-11.65% +4.15% +6.66% +6.71%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(210.70M) 85.20M 153.10M 161.50M
Preferred Dividends
- - - -
-
Net Income Available to Common
(210.70M) 85.20M 153.10M 161.50M
EPS (Basic)
-4.1072 1.6385 2.9273 3.0821
EPS (Basic) Growth
-9,385.45% +139.89% +78.66% +5.29%
Basic Shares Outstanding
51.30M 52.00M 52.30M 52.40M
EPS (Diluted)
-4.1072 1.6229 2.8996 3.0243
EPS (Diluted) Growth
-9,385.45% +139.51% +78.67% +4.30%
Diluted Shares Outstanding
51.30M 52.50M 52.80M 53.40M
EBITDA
158.70M 153.90M 211.00M 309.40M
EBITDA Growth
-9.62% -3.02% +37.10% +46.64%
EBITDA Margin
+8.78% +7.50% +9.18% +12.85%

Snapshot

Average Recommendation BUY Average Target Price 144.40
Number of Ratings 7 Current Quarters Estimate 0.792
FY Report Date 12 / 2024 Current Year's Estimate 3.829
Last Quarter’s Earnings 0.97 Median PE on CY Estimate N/A
Year Ago Earnings 3.25 Next Fiscal Year Estimate 4.741
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 6 6 6
Mean Estimate 0.79 1.03 3.83 4.74
High Estimates 0.84 1.07 3.88 4.90
Low Estimate 0.74 0.95 3.79 4.61
Coefficient of Variance 4.05 4.29 0.86 2.37

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 5 5
OVERWEIGHT 1 1 1
HOLD 0 0 1
UNDERWEIGHT 0 1 0
SELL 0 0 0
MEAN Buy Overweight Buy

Insider Actions for Modine Manufacturing - MOD

Date Name Shares Transaction Value
Oct 4, 2024 Michael B. Lucareli EVP, CFO 162,531 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $131.84 per share 21,428,087.04
Oct 4, 2024 Brian J. Agen VP, CHRO 91,987 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $131.84 per share 12,127,566.08
Jun 20, 2024 Neil D. Brinker President and CEO; Director 268,894 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 4, 2024 Eric S. McGinnis President, Climate Solutions 83,130 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.92 per share 8,389,479.60
Jun 4, 2024 Adrian I. Peace President, Performance Technol 35,248 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.92 per share 3,557,228.16
May 21, 2024 Erin Jennifer Roth VP, GC and CCO 2,938 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 20, 2024 David J. Wilson Director 6,109 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $89.22 per share 545,044.98
Mar 5, 2024 Michael B. Lucareli EVP, CFO 218,117 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $17.9 per share 3,904,294.30
Mar 5, 2024 Michael B. Lucareli EVP, CFO 276,899 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $6.62 per share 1,833,071.38
Mar 5, 2024 Michael B. Lucareli EVP, CFO 204,046 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $90.19 per share 18,402,908.74
Mar 5, 2024 Michael B. Lucareli EVP, CFO 194,587 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $91.34 per share 17,773,576.58
Mar 5, 2024 Michael B. Lucareli EVP, CFO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Michael B. Lucareli EVP, CFO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Michael B. Lucareli EVP, CFO 19,595 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Dec 13, 2023 Christopher W. Patterson Director 111,742 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $53.04 per share 5,926,795.68
Dec 1, 2023 Erin Jennifer Roth VP, GC and CCO 1,656 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Modine Manufacturing in the News