Modine Manufacturing (MOD, Financial) experienced significant stock movement with a 5.26% increase, reaching $122.28 per share. The stock's trading volume was 180,415 shares, with a turnover rate of 0.34% and a price fluctuation of 4.04%.
Recent financial reports revealed Modine Manufacturing's revenue at $658 million, with a net profit of $46.10 million and an earnings per share (EPS) of $0.88. The company's gross profit was $168 million, and its price-to-earnings (P/E) ratio stood at 40.10.
Among eight institutions rating the stock, 88% recommended buying, while 12% suggested holding, with no sell recommendations.
In the auto parts industry, where Modine Manufacturing operates, the overall sector saw a modest increase of 0.14%. Notable gainers in the industry included Sypris Solutions, Ecarx Holdings, and Mkdwell Tech, with Luminar Technologies, SES AI Corp, and Solid Power showing high activity levels. Sypris Solutions, Mkdwell Tech, and Solid Power also experienced notable price fluctuations.
Modine Manufacturing specializes in thermal management solutions for diverse markets and clients, primarily serving OEMs for both on-road and off-road vehicle applications in the U.S. The company provides engineered heat transfer systems and components, including engine cooling modules, radiators, condensers, charge air coolers, and auxiliary cooling products like power steering and transmission oil coolers.
