Modine Manufacturing (NYSE:MOD) Announces Quarterly Earnings Results, Misses Expectations By $0.12 EPS

Modine Manufacturing (NYSE:MOD) issued its quarterly earnings data on Tuesday. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.12), FiscalAI reports. Modine Manufacturing had a net margin of 3.58% and a return on equity of 26.28%. The company had revenue of $994.40 million during the quarter, compared to analysts’ expectations of $978.31 million. During the same quarter last year, the firm posted $0.83 earnings per share. The firm’s quarterly revenue was up 34.6% on a year-over-year basis.

Modine Manufacturing Stock Down 22.9%

Shares of NYSE:MOD opened at $96.67 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.04 and a quick ratio of 1.22. The firm has a market capitalization of $5.13 billion, a PE ratio of 40.45, a price-to-earnings-growth ratio of 0.45 and a beta of 1.86. The firm’s 50-day moving average is $169.98 and its two-hundred day moving average is $214.59. Modine Manufacturing has a 1 year low of $91.42 and a 1 year high of $323.25.

Analysts Set New Price Targets

MOD has been the subject of a number of recent analyst reports. Oppenheimer reduced their price target on shares of Modine Manufacturing from $300.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Modine Manufacturing in a report on Tuesday, August 25th. DA Davidson reaffirmed a “buy” rating and set a $330.00 price objective on shares of Modine Manufacturing in a research report on Tuesday, October 27th. Wall Street Zen cut shares of Modine Manufacturing from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, B. Riley Financial dropped their target price on shares of Modine Manufacturing from $305.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $286.56.

Key Modine Manufacturing News

Here are the key news stories impacting Modine Manufacturing this week:

• Positive Sentiment: Modine reported record quarterly order intake of about $1 billion, with AI data-center demand a key driver. Management expects fiscal 2027 sales of $3.1 billion–$3.2 billion and adjusted EBITDA of $470 million–$500 million; data-center segment growth is projected at 80%–90%. Modine posts record $1B quarterly order intake on AI data center demand Modine fiscal 2027 outlook
• Neutral Sentiment: Second-quarter revenue rose 34.6% year over year to $994.4 million, exceeding analysts’ estimates, and the company raised its full-year revenue outlook for its core business. However, the results were mixed because earnings missed expectations. Modine Reports Second Quarter Fiscal 2027 Results
• Negative Sentiment: Adjusted quarterly EPS of $1.35 came in below the $1.47 consensus estimate. That shortfall, alongside reports of lower quarterly profit, likely overshadowed the revenue beat and upbeat demand outlook. Modine misses Q2 earnings estimates
• Negative Sentiment: KeyCorp lowered its price target to $225 from $280, although it maintained an Overweight rating. The reduction may add to near-term caution amid the earnings miss and steep share-price decline. KeyCorp price-target change

About Modine Manufacturing

Modine Manufacturing Company (NYSE: MOD) is a diversified thermal management company that develops and manufactures solutions for managing heat in vehicles, equipment, buildings and industrial systems. Its products are designed to improve efficiency, reliability and performance across a range of applications.

The company serves the automotive, commercial vehicle, off-highway, power generation, data center, heating, ventilation, air conditioning and refrigeration markets. Its offerings include heat exchangers, radiators, charge air coolers, battery and power electronics cooling systems, liquid-cooling equipment, coils and other thermal management components and systems.

Founded in 1916 by Arthur B.