Cantor Fitzgerald Has Lowered Expectations for Modine Manufacturing (NYSE:MOD) Stock Price

Modine Manufacturing (NYSE:MOD) had its price target lowered by Cantor Fitzgerald from $275.00 to $178.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the auto parts company’s stock. Cantor Fitzgerald‘s price objective would indicate a potential upside of 84.13% from the company’s current price.

MOD has been the topic of a number of other research reports. Zacks Research lowered Modine Manufacturing from a “hold” rating to a “strong sell” rating in a research note on Friday, October 16th. KeyCorp lowered their price target on Modine Manufacturing from $280.00 to $225.00 and set an “overweight” rating for the company in a report on Wednesday. Oppenheimer cut their price objective on Modine Manufacturing from $300.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Modine Manufacturing in a report on Tuesday, August 25th. Finally, B. Riley Financial decreased their target price on shares of Modine Manufacturing from $305.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $286.56.

Modine Manufacturing Trading Down 22.9%

Shares of MOD opened at $96.67 on Thursday. The firm has a 50-day moving average price of $169.98 and a 200 day moving average price of $214.59. The firm has a market capitalization of $5.13 billion, a P/E ratio of 21.70, a P/E/G ratio of 0.45 and a beta of 1.86. The company has a current ratio of 2.04, a quick ratio of 1.22 and a debt-to-equity ratio of 0.39. Modine Manufacturing has a 12-month low of $91.42 and a 12-month high of $323.25.

Modine Manufacturing (NYSE:MOD) last released its quarterly earnings data on Tuesday, November 3rd. The auto parts company reported $1.35 EPS for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.12). The business had revenue of $994.40 million during the quarter, compared to analyst estimates of $978.31 million. Modine Manufacturing had a net margin of 3.58% and a return on equity of 26.28%. The company’s revenue was up 34.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.83 earnings per share. Sell-side analysts forecast that Modine Manufacturing will post 7.02 EPS for the current year.

Institutional Investors Weigh In On Modine Manufacturing

Several institutional investors have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new stake in Modine Manufacturing in the 1st quarter worth about $25,000. Rakuten Securities Inc. acquired a new stake in shares of Modine Manufacturing in the second quarter worth approximately $40,000. PenderFund Capital Management Ltd. acquired a new stake in shares of Modine Manufacturing in the second quarter worth approximately $42,000. Optiver Holding B.V. grew its holdings in Modine Manufacturing by 19.7% in the first quarter. Optiver Holding B.V. now owns 237 shares of the auto parts company’s stock valued at $51,000 after purchasing an additional 39 shares during the period. Finally, Vega Investment Solutions purchased a new stake in Modine Manufacturing in the second quarter valued at approximately $52,000. Hedge funds and other institutional investors own 95.23% of the company’s stock.

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.