In the latest trading session, Modine (MOD) closed at $157.73, marking a +2.56% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1.07%. At the same time, the Dow added 1.12%, and the tech-heavy Nasdaq gained 1.37%.
The heating and cooling products maker's shares have seen a decrease of 0.75% over the last month, not keeping up with the Auto-Tires-Trucks sector's gain of 1.6% and the S&P 500's gain of 1.08%.
The upcoming earnings release of Modine will be of great interest to investors. The company's earnings report is expected on October 28, 2025. The company's earnings per share (EPS) are projected to be $1.01, reflecting a 4.12% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $690.47 million, up 4.93% from the year-ago period.
MOD's full-year Zacks Consensus Estimates are calling for earnings of $4.63 per share and revenue of $2.88 billion. These results would represent year-over-year changes of +14.32% and +11.31%, respectively.
It is also important to note the recent changes to analyst estimates for Modine. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.04% higher within the past month. Modine currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Modine has a Forward P/E ratio of 33.2 right now. This valuation marks a premium compared to its industry average Forward P/E of 12.96.
Meanwhile, MOD's PEG ratio is currently 0.98. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Automotive - Original Equipment industry held an average PEG ratio of 0.99.
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 68, placing it within the top 28% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Modine Manufacturing Company (MOD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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