## Modine Manufacturing (MOD) Earnings Preview: What to Expect on October 29th
Get ready for a crucial day for Modine Manufacturing (MOD) investors! The company is set to release its quarterly earnings on Tuesday, October 29th, and the market is buzzing with anticipation. Analysts are predicting an earnings per share (EPS) of $0.92, and investors are hoping for not only a beat on those estimates but also positive guidance for the next quarter.
Why is guidance so important? It’s a major driver of stock prices. Last quarter, Modine Manufacturing exceeded EPS estimates by $0.18, resulting in a remarkable 18.94% surge in the share price the very next day. This underscores the significant impact that optimistic guidance can have on investor sentiment and stock performance.
A Look Back: Modine Manufacturing’s Recent Performance
To gain a clearer picture of what to expect, let’s examine Modine Manufacturing’s earnings history:
| Quarter | EPS Estimate | EPS Actual | Price Change (%) |
|—|—|—|—|
| Q1 2025 | $0.86 | $1.04 | 19.0% |
| Q4 2024 | $0.76 | $0.77 | -5.0% |
| Q3 2024 | $0.59 | $0.74 | 3.0% |
| Q2 2024 | $0.64 | $0.89 | -2.0% |
As you can see, Modine Manufacturing has a history of beating EPS expectations, which has generally led to positive stock price movements. With shares currently trading at $127.25 and experiencing a 229.08% increase over the past 52 weeks, long-term investors are likely feeling bullish heading into this earnings release.
Analyst Insights: A Positive Outlook
To get a better sense of the market sentiment surrounding Modine Manufacturing, we need to look at what the analysts are saying. The consensus rating for Modine Manufacturing is a
Buy
, based on 6 analyst ratings. This positive outlook is further supported by an average one-year price target of $141.5, representing a potential 11.2% upside.Peer Comparison: How Does Modine Stack Up?
To understand Modine Manufacturing’s performance in a broader context, let’s compare it to some of its key competitors: Gentex, Autoliv, and BorgWarner. Here’s a summary of their analyst ratings and average one-year price targets:
*
Gentex:
Consensus rating – Neutral; Average 1-year price target – $34.25 (potential 73.08% downside)*
Autoliv:
Consensus rating – Neutral; Average 1-year price target – $111.83 (potential 12.12% downside)*
BorgWarner:
Consensus rating – Outperform; Average 1-year price target – $43.0 (potential 66.21% downside)Key Findings: Peer Analysis Summary
| Company | Consensus Rating | Revenue Growth (%) | Gross Profit (M) | Return on Equity (%) |
|—|—|—|—|—|
| Modine Manufacturing | Buy | 6.28% | $162.60 | 6.16% |
| Gentex | Neutral | -1.81% | $188.56 | 3.55% |
| Autoliv | Neutral | -1.14% | $475 | 5.84% |
| BorgWarner | Outperform | -1.85% | $685 | 5.08% |
As the table shows, Modine Manufacturing stands out from its peers by achieving the highest gross profit and return on equity. While its revenue growth is in the middle of the pack, these other financial metrics point to a strong foundation for continued success.
Modine Manufacturing: A Closer Look
Modine Manufacturing Co. specializes in providing thermal management solutions for a wide range of markets and customers. The company’s expertise lies in engineered heat transfer systems and components for on- and off-highway original equipment manufacturer (OEM) vehicular applications, particularly in the United States. Its portfolio encompasses powertrain cooling products (engine cooling assemblies, radiators, condensers, charge air coolers) and auxiliary cooling products (power steering and transmission oil coolers).
Financial Milestones: A Story of Growth and Strength
Modine Manufacturing has achieved significant financial milestones, reflecting its solid position in the market:
*
Market Capitalization:
The company boasts a substantial market capitalization, exceeding industry averages, demonstrating significant size and market recognition.*
Revenue Growth:
Over the past three months (ending June 30, 2024), Modine Manufacturing delivered a positive revenue growth rate of 6.28%. This robust performance surpasses the average growth rate among peers in the Consumer Discretionary sector.*
Net Margin:
Modine Manufacturing’s net margin surpasses industry averages, reaching 7.15%. This impressive figure demonstrates the company’s strong profitability and effective cost management.*
Return on Equity (ROE):
With an ROE of 6.16%, Modine Manufacturing outperforms industry benchmarks, highlighting its efficient use of shareholder equity capital.*
Return on Assets (ROA):
Modine Manufacturing’s ROA is another area of strength, exceeding industry averages at 2.54%. This signifies the company’s effective utilization of its assets.*
Debt Management:
Modine Manufacturing’s debt-to-equity ratio is below the industry average at 0.55, indicating a lower dependency on debt financing and a more conservative financial approach.Stay Tuned for the Earnings Announcement
As investors gear up for the upcoming earnings announcement, it’s clear that Modine Manufacturing is a company worth watching. The positive analyst sentiment, strong financial performance, and history of exceeding expectations all point towards a potentially exciting event on Tuesday, October 29th. Make sure you are checking back for updates on the results! Remember to consult with a financial advisor before making any investment decisions.
