Modine Manufacturing (NYSE:MOD) Given Coverage Optimism Rating of 0.14
News coverage about Modine Manufacturing (NYSE:MOD) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Modine Manufacturing earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 46.841423805808 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Modine Manufacturing (MOD) traded down $0.30 during mid-day trading on Wednesday, reaching $23.05. The company’s stock had a trading volume of 225,114 shares, compared to its average volume of 391,624. The company has a quick ratio of 0.85, a current ratio of 1.24 and a debt-to-equity ratio of 0.84. The stock has a market cap of $1,155.56, a price-to-earnings ratio of 96.04 and a beta of 1.31. Modine Manufacturing has a 12 month low of $10.10 and a 12 month high of $25.75.
Modine Manufacturing (NYSE:MOD) last posted its quarterly earnings results on Tuesday, January 30th. The auto parts company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.29 by $0.06. Modine Manufacturing had a return on equity of 16.54% and a net margin of 0.62%. The business had revenue of $512.70 million for the quarter, compared to analyst estimates of $456.30 million. During the same quarter in the previous year, the firm earned $0.21 EPS. The company’s quarterly revenue was up 46.6% compared to the same quarter last year. equities research analysts predict that Modine Manufacturing will post 1.5 earnings per share for the current year.
In other news, VP Matthew J. Mcburney sold 2,379 shares of Modine Manufacturing stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $25.05, for a total transaction of $59,593.95. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Holger Schwab sold 11,141 shares of Modine Manufacturing stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $20.10, for a total value of $223,934.10. Following the transaction, the vice president now owns 47,225 shares in the company, valued at approximately $949,222.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 36,647 shares of company stock worth $798,548. Insiders own 4.42% of the company’s stock.
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About Modine Manufacturing
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on-highway and off-highway original equipment manufacturer (OEM) vehicular applications, and for sale into an array of building, industrial and refrigeration markets. The Company’s products include radiators and radiator cores, exhaust gas recirculation coolers, building heating, ventilating and air conditioning (HVAC) equipment, and coils.
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