Modine Manufacturing Co (MOD) |
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Price: $89.4700
$0.90
1.016%
|
Day's High:
| $90.4595
| Week Perf:
| 5.3 %
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Day's Low: |
$ 88.16 |
30 Day Perf: |
10.95 % |
Volume (M): |
1,031 |
52 Wk High: |
$ 96.00 |
Volume (M$): |
$ 92,208 |
52 Wk Avg: |
$45.53 |
Open: |
$88.43 |
52 Wk Low: |
$19.41 |
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Market Capitalization (Millions $) |
4,760 |
Shares
Outstanding (Millions) |
53 |
Employees |
7,100 |
Revenues (TTM) (Millions $) |
2,479 |
Net Income (TTM) (Millions $) |
178 |
Cash Flow (TTM) (Millions $) |
69 |
Capital Exp. (TTM) (Millions $) |
59 |
Modine Manufacturing Co
Modine Manufacturing Company specializes in providing innovative thermal management
solutions. We are a leading provider of engineered heat transfer systems and high-quality
heat transfer components for use in on-highway and off-highway original equipment
manufacturer (“OEM”) vehicular applications, and for sale into a wide
array of building, industrial and refrigeration markets. Our products include
radiators and radiator cores, condensers, oil coolers, charge air coolers, heat-transfer
modules and assemblies, exhaust gas recirculation (“EGR”) coolers,
building heating, ventilating and air conditioning (“HVAC”) equipment,
and coils. Our primary customers across the globe are:
- Automobile, truck, bus, and specialty vehicle OEMs;
- Agricultural, industrial and construction equipment OEMs;
- Heating, ventilation and cooling OEMs;
- Construction architects and contractors; and
- Wholesalers of heating equipment.
Company Address: 1500 DeKoven Avenue Racine 53403 WI
Company Phone Number: 636-1200 Stock Exchange / Ticker: NYSE MOD
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Customers Net Income fell by |
MOD's Customers Net Profit Margin fell to |
-10.92 % |
6.92 %
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Stock Performances by Major Competitors |
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Modine Manufacturing Co
Modine Manufacturing Co's recent earnings report may seem impressive at first glance, but a closer look reveals several concerning aspects that should make investors wary of the stock's future prospects. While the company experienced notable income growth and margin improvement, these positive trends were overshadowed by sluggish revenue growth, a decline in earnings per share from the previous quarter, and a significant decrease in revenue compared to the same quarter the previous year. Firstly, let's address the income growth. While Modine Manufacturing Co reported an 80.43% increase in income per share to $0.83, it's important to note that this growth was primarily driven by cost-cutting measures rather than an increase in revenue. This raises questions about the sustainability of such income growth in the long term.
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Modine Manufacturing Co
odine Manufacturing Co., an Auto & Truck Parts company, has recently released its financial results for the third quarter ending September 30, 2023. The results show significant growth in revenue, bottom-line advancements, and improved profit margins. While these achievements may seem promising, certain challenges await Modine Manufacturing Co. as it moves forward. The Revenue Surge: In the third quarter of 2023, Modine Manufacturing Co. experienced a 7.247% increase in revenue, reaching $620.10 million compared to $578.20 million in the previous year. This growth outpaced most of its peers within the Auto & Truck Parts sector. With such a substantial revenue boost, it appears that the company is successfully capitalizing on market opportunities.
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Modine Manufacturing Co
Modine Manufacturing Co has recently showcased impressive gains, evidenced by a substantial increase of 5.48% in its shares over the past five trading days. Moreover, the company's shares have risen by a remarkable 124.86% in 2023. While these achievements highlight Modine Manufacturing Co's potential, certain financial results and market indicators suggest potential challenges in the near future. Financial Results Analysis: 1. Increased Revenue: Modine Manufacturing Co's revenue in the fiscal interval ending June 30, 2023, witnessed a positive growth of 8.269%, reaching $621.90 million compared to $574.40 million the previous year. This surge indicates positive market sentiment and demand for the company's products and services.
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Modine Manufacturing Co
Modine Manufacturing Co, a global leader in thermal management technology, has reported improved ability to collect its outstanding accounts receivable from its corporate clients in the fourth quarter of 2023 with a ratio of 6.5. However, this is below the company's average, indicating a worsening business environment. The average receivable collection period for the company decreased to 56 days in the March 31, 2023 quarter, compared to 57 days in the Sep 30, 2022 quarter. While Modine Manufacturing Co's ranking deteriorated relative to the second quarter of 2023, declining from 355 to 2012, other companies in the Consumer Discretionary sector had higher receivables turnover ratios. The company announced net profit per share of $0.75 and Revenue of $578.80 million in the January to March 31, 2023 period. However, the net profit per share plummeted to $0.75 per share compared to $1.41 in the previous year.
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Per Share |
Current |
Earnings (TTM) |
3.3 $ |
Revenues (TTM) |
46.59 $
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Cash Flow (TTM) |
1.29 $ |
Cash |
2.81 $
|
Book Value |
13.82 $
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Dividend (TTM) |
0 $ |
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Per Share |
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Earnings (TTM) |
3.3 $
|
Revenues (TTM) |
46.59 $ |
Cash Flow (TTM) |
1.29 $ |
Cash |
2.81 $
|
Book Value |
13.82 $ |
Dividend (TTM) |
0 $ |
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