
Modine Manufacturing (MOD) Stock Forecast & Price Target
Modine Manufacturing (MOD) Analyst Ratings
Bulls say
Modine Manufacturing Co. has demonstrated significant financial improvement, as reflected by its gross margin expansion to 22.7%, marking the highest quarterly result in the company's history. The company's AEBITDA increased by 52% to $38.9 million, coupled with an increase in AEBITDA margin from the previous year, underscoring operational efficiency and strong cost management strategies. Additionally, robust growth in key sectors, such as data centers and industrial coolers, alongside a focus on bolt-on acquisitions and organic growth opportunities, positions Modine favorably for continued financial success.
Bears say
Modine Manufacturing's revised sales growth guidance has been reduced by 3%, now expecting a growth range of 4-7%, primarily due to the impact of recent divestitures and a significant decline in Heat Transfer sales, which dropped 21%. The company has adjusted revenue and AEBITDA estimates for fiscal years 2024 and 2025 downward, reflecting weakening trends in key segments such as automotive and HVAC&R amid lower demand. Furthermore, concerns about the company's inability to effectively integrate acquired businesses may pose additional risks to its operational performance and overall financial stability.
This aggregate rating is based on analysts' research of Modine Manufacturing and is not a guaranteed prediction by Public.com or investment advice.
Modine Manufacturing (MOD) Analyst Forecast & Price Prediction
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