Modine Manufacturing (MOD) Stock Forecast, Price Target & Predictions


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MOD Stock Forecast


Modine Manufacturing stock forecast is as follows: an average price target of $145.00 (represents a 22.28% upside from MOD’s last price of $118.58) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

MOD Price Target


The average price target for Modine Manufacturing (MOD) is $145.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $155.00 to $135.00. This represents a potential 22.28% upside from MOD's last price of $118.58.

MOD Analyst Ratings


Buy

According to 3 Wall Street analysts, Modine Manufacturing's rating consensus is 'Buy'. The analyst rating breakdown for MOD stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Modine Manufacturing Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 24, 2024Matthew SummervilleD.A. Davidson$155.00$127.1621.89%30.71%
Aug 01, 2024Matt SummervilleD.A. Davidson$140.00$116.6720.00%18.06%
Aug 01, 2024Noah KayeOppenheimer$135.00$117.6614.74%13.85%
May 28, 2024Jeff Van SinderenB.Riley Financial$125.00$100.7124.12%5.41%
May 24, 2024Matthew SummervilleD.A. Davidson$120.00$96.7224.07%1.20%
May 23, 2024Noah Kaye IIIOppenheimer$110.00$96.7513.70%-7.24%
Mar 19, 2024Noah KayeOppenheimer$105.00$93.2412.61%-11.45%

The latest Modine Manufacturing stock forecast, released on Sep 24, 2024 by Matthew Summerville from D.A. Davidson, set a price target of $155.00, which represents a 21.89% increase from the stock price at the time of the forecast ($127.16), and a 30.71% increase from MOD last price ($118.58).

Modine Manufacturing Price Target by Period


1M3M12M
# Anlaysts--7
Avg Price Target--$127.14
Last Closing Price$118.58$118.58$118.58
Upside/Downside-100.00%-100.00%7.22%

In the current month, the average price target of Modine Manufacturing stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Modine Manufacturing's last price of $118.58. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024OppenheimerOutperformOutperformHold
Sep 12, 2024OppenheimerBuyBuyHold
Sep 05, 2024Zacks Investment ResearchPerformPerformHold
Aug 01, 2024OppenheimerBuyBuyHold
Aug 01, 2024B. RileyBuyBuyHold
Aug 01, 2024OppenheimerOutperformOutperformHold
Jul 29, 2024William BlairOutperformInitialise
May 23, 2024OppenheimerBuyBuyHold
May 23, 2024OppenheimerOutperformOutperformHold
Mar 19, 2024OppenheimerBuyBuyHold

Modine Manufacturing's last stock rating was published by Oppenheimer on Oct 31, 2024. The company gave MOD a "Outperform" rating, the same as its previous rate.

Modine Manufacturing Financial Forecast


Modine Manufacturing Revenue Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
Revenue---------$561.40M$620.50M$622.40M$618.10M$560.00M$578.80M$541.00M$574.40M$502.20M$478.90M$494.60M$514.90M$484.30M$461.40M$347.80M$472.90M$473.40M$500.20M$529.00M$556.70M$566.60M
Avg Forecast$750.29M$674.09M$734.90M$727.73M$684.45M$615.02M$646.86M$633.55M$605.44M$594.84M$616.18M$575.77M$583.71M$562.25M$551.05M$497.23M$538.00M$489.10M$508.25M$494.00M$493.03M$468.00M$400.85M$355.97M$471.54M$474.56M$515.86M$544.88M$569.74M$515.09M
High Forecast$763.52M$685.97M$747.85M$740.56M$699.04M$619.12M$646.87M$633.55M$616.11M$605.33M$631.63M$585.92M$594.00M$572.16M$551.05M$497.23M$538.00M$489.10M$508.25M$494.00M$493.03M$468.00M$400.85M$355.97M$471.54M$474.56M$515.86M$544.88M$569.74M$618.11M
Low Forecast$734.16M$659.59M$719.09M$712.08M$665.83M$608.31M$646.85M$633.55M$592.42M$582.05M$603.20M$563.39M$571.16M$550.16M$551.05M$497.23M$538.00M$489.10M$508.25M$494.00M$493.03M$468.00M$400.85M$355.97M$471.54M$474.56M$515.86M$544.88M$569.74M$412.07M
# Analysts433355411142211112222264474379
Surprise %---------0.94%1.01%1.08%1.06%1.00%1.05%1.09%1.07%1.03%0.94%1.00%1.04%1.03%1.15%0.98%1.00%1.00%0.97%0.97%0.98%1.10%

Modine Manufacturing's average Quarter revenue forecast for Mar 24 based on 1 analysts is $605.44M, with a low forecast of $592.42M, and a high forecast of $616.11M. MOD's average Quarter revenue forecast represents a 7.84% increase compared to the company's last Quarter revenue of $561.40M (Dec 23).

Modine Manufacturing EBITDA Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts433355411142211112222264474379
EBITDA---------$61.70M$80.30M$66.50M$64.80M$52.60M$49.40M$38.70M$55.60M$91.80M$22.70M$21.90M$-1.50M$-93.20M$47.00M$15.20M$22.10M$28.00M$24.20M$35.70M$35.70M$45.70M
Avg Forecast$50.25M$45.14M$49.22M$48.74M$45.84M$41.19M$43.32M$42.43M$36.84M$39.84M$41.27M$38.56M$33.49M$65.64M$48.25M$43.54M$30.44M$42.83M$44.50M$43.25M$-1.38M$40.98M$35.10M$31.17M$24.31M$41.55M$45.17M$47.71M$33.82M$41.13M
High Forecast$51.13M$45.94M$50.09M$49.60M$46.82M$41.46M$43.32M$42.43M$44.20M$40.54M$42.30M$39.24M$40.19M$78.76M$48.25M$43.54M$36.53M$42.83M$44.50M$43.25M$-1.11M$40.98M$35.10M$31.17M$29.17M$41.55M$45.17M$47.71M$40.59M$49.36M
Low Forecast$49.17M$44.17M$48.16M$47.69M$44.59M$40.74M$43.32M$42.43M$29.47M$38.98M$40.40M$37.73M$26.79M$52.51M$48.25M$43.54M$24.36M$42.83M$44.50M$43.25M$-1.66M$40.98M$35.10M$31.17M$19.45M$41.55M$45.17M$47.71M$27.06M$32.90M
Surprise %---------1.55%1.95%1.72%1.93%0.80%1.02%0.89%1.83%2.14%0.51%0.51%1.08%-2.27%1.34%0.49%0.91%0.67%0.54%0.75%1.06%1.11%

1 analysts predict MOD's average Quarter EBITDA for Mar 24 to be $36.84M, with a high of $44.20M and a low of $29.47M. This is -40.30% lower than Modine Manufacturing's previous annual EBITDA (Dec 23) of $61.70M.

Modine Manufacturing Net Income Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts433355411142211112222264474379
Net Income---------$44.40M$46.50M$44.80M$89.90M$24.50M$24.40M$14.30M$8.40M$74.40M$400.00K$2.30M$-15.00M$-195.70M$8.60M$-8.60M$-6.70M$1.20M$-4.70M$8.00M$6.30M$17.60M
Avg Forecast$67.57M$58.21M$69.72M$66.87M$55.44M$42.67M$49.68M$46.60M$9.57M$31.85M$35.46M$23.82M$8.70M$52.98M$19.67M$6.47M$7.91M$12.13M$15.63M$14.28M$-13.84M$15.09M$2.16M$-5.93M$-7.37M$10.60M$13.30M$19.40M$5.97M$15.84M
High Forecast$69.12M$59.55M$71.32M$68.41M$57.60M$45.37M$49.69M$46.61M$11.49M$33.53M$36.57M$24.36M$10.44M$63.58M$19.67M$6.47M$9.49M$12.13M$15.63M$14.28M$-11.07M$15.09M$2.16M$-5.93M$-5.90M$10.60M$13.30M$19.40M$7.16M$19.01M
Low Forecast$65.68M$56.58M$67.77M$65.00M$51.14M$39.97M$49.67M$46.59M$7.66M$30.18M$32.14M$23.15M$6.96M$42.39M$19.67M$6.47M$6.33M$12.13M$15.63M$14.28M$-16.61M$15.09M$2.16M$-5.93M$-8.84M$10.60M$13.30M$19.40M$4.77M$12.67M
Surprise %---------1.39%1.31%1.88%10.33%0.46%1.24%2.21%1.06%6.13%0.03%0.16%1.08%-12.97%3.99%1.45%0.91%0.11%-0.35%0.41%1.06%1.11%

Modine Manufacturing's average Quarter net income forecast for Mar 24 is $9.57M, with a range of $7.66M to $11.49M. MOD's average Quarter net income forecast represents a -78.44% decrease compared to the company's last Quarter net income of $44.40M (Dec 23).

Modine Manufacturing SG&A Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts433355411142211112222264474379
SG&A---------$68.00M$68.90M$61.40M$60.90M$58.00M$58.80M$56.30M$53.50M$50.30M$51.90M$59.40M$59.30M$56.10M$50.80M$44.70M$55.20M$63.50M$67.40M$63.50M$64.20M$63.60M
Avg Forecast$82.00M$73.67M$80.32M$79.53M$74.80M$67.22M$70.70M$69.24M$55.57M$65.01M$67.34M$62.93M$50.52M$35.96M$60.14M$54.27M$45.92M$53.38M$55.47M$53.92M$54.71M$51.08M$43.75M$38.85M$60.72M$51.80M$56.30M$59.47M$60.82M$57.24M
High Forecast$83.45M$74.97M$81.73M$80.94M$76.40M$67.66M$70.70M$69.24M$66.68M$66.16M$69.03M$64.04M$60.62M$43.16M$60.14M$54.27M$55.11M$53.38M$55.47M$53.92M$65.65M$51.08M$43.75M$38.85M$72.86M$51.80M$56.30M$59.47M$72.99M$68.69M
Low Forecast$80.24M$72.09M$78.59M$77.82M$72.77M$66.48M$70.69M$69.24M$44.45M$63.61M$65.92M$61.57M$40.41M$28.77M$60.14M$54.27M$36.74M$53.38M$55.47M$53.92M$43.77M$51.08M$43.75M$38.85M$48.58M$51.80M$56.30M$59.47M$48.66M$45.79M
Surprise %---------1.05%1.02%0.98%1.21%1.61%0.98%1.04%1.16%0.94%0.94%1.10%1.08%1.10%1.16%1.15%0.91%1.23%1.20%1.07%1.06%1.11%

Modine Manufacturing's average Quarter SG&A projection for Mar 24 is $55.57M, based on 1 Wall Street analysts, with a range of $44.45M to $66.68M. The forecast indicates a -18.28% fall compared to MOD last annual SG&A of $68.00M (Dec 23).

Modine Manufacturing EPS Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts433355411142211112222264474379
EPS---------$0.85$0.89$0.86$1.72$0.47$0.47$0.27$0.16$1.42$0.01$0.04$-0.29$-3.81$0.17$-0.17$-0.13$0.02$-0.09$0.16$0.12$0.35
Avg Forecast$1.25$1.08$1.29$1.24$1.03$0.79$0.92$0.86$0.76$0.59$0.66$0.44$0.47$0.42$0.36$0.12$0.49$0.23$0.29$0.27$0.27$0.28$0.04$-0.11$0.12$0.20$0.25$0.36$0.38$0.36
High Forecast$1.28$1.10$1.32$1.27$1.07$0.84$0.92$0.86$0.78$0.62$0.68$0.45$0.48$0.43$0.36$0.12$0.49$0.23$0.29$0.27$0.27$0.28$0.04$-0.11$0.12$0.20$0.25$0.36$0.38$0.43
Low Forecast$1.22$1.05$1.26$1.21$0.95$0.74$0.92$0.86$0.74$0.56$0.60$0.43$0.46$0.41$0.36$0.12$0.49$0.23$0.29$0.27$0.27$0.28$0.04$-0.11$0.12$0.20$0.25$0.36$0.38$0.29
Surprise %---------1.44%1.35%1.95%3.63%1.11%1.29%2.25%0.32%6.31%0.03%0.15%-1.09%-13.61%4.25%1.53%-1.10%0.10%-0.36%0.44%0.33%0.97%

According to 1 Wall Street analysts, Modine Manufacturing's projected average Quarter EPS for Mar 24 is $0.76, with a low estimate of $0.74 and a high estimate of $0.78. This represents a -10.12% decrease compared to MOD previous annual EPS of $0.85 (Dec 23).

Modine Manufacturing Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FOXFFox Factory$29.17$93.33219.95%Buy
PLOWDouglas Dynamics$23.54$38.0061.43%Hold
AXLAmerican Axle & Manufacturing$5.89$9.2557.05%Hold
LEALear$95.18$140.6747.79%Buy
MNROMonro$25.19$31.0023.06%Hold
MODModine Manufacturing$118.58$145.0022.28%Buy
GNTXGentex$29.23$35.0019.74%Hold
BWABorgWarner$32.18$36.0011.87%Buy
DANDana$11.79$13.0010.26%Buy

MOD Forecast FAQ


Is Modine Manufacturing a good buy?

Yes, according to 3 Wall Street analysts, Modine Manufacturing (MOD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of MOD's total ratings.

What is MOD's price target?

Modine Manufacturing (MOD) average price target is $145 with a range of $135 to $155, implying a 22.28% from its last price of $118.58. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Modine Manufacturing stock go up soon?

According to Wall Street analysts' prediction for MOD stock, the company can go up by 22.28% (from the last price of $118.58 to the average price target of $145), up by 30.71% based on the highest stock price target, and up by 13.85% based on the lowest stock price target.

Can Modine Manufacturing stock reach $200?

MOD's average twelve months analyst stock price target of $145 does not support the claim that Modine Manufacturing can reach $200 in the near future.

What are Modine Manufacturing's analysts' financial forecasts?

Modine Manufacturing's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $2.58B (high $2.6B, low $2.55B), average EBITDA is $172.78M (high $174.03M, low $171.08M), average net income is $194.39M (high $199.27M, low $187.36M), average SG&A $281.96M (high $284M, low $279.19M), and average EPS is $3.61 (high $3.7, low $3.48). MOD's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $2.89B (high $2.94B, low $2.82B), average EBITDA is $193.35M (high $196.76M, low $189.19M), average net income is $262.38M (high $268.39M, low $255.04M), average SG&A $315.52M (high $321.08M, low $308.74M), and average EPS is $4.87 (high $4.98, low $4.73).

Did the MOD's actual financial results beat the analysts' financial forecasts?

Based on Modine Manufacturing's last annual report (Mar 2023), the company's revenue was $2.3B, beating the average analysts forecast of $2.19B by 4.72%. Apple's EBITDA was $205.5M, beating the average prediction of $190.91M by 7.64%. The company's net income was $153.1M, beating the average estimation of $87.83M by 74.32%. Apple's SG&A was $234M, beating the average forecast of $200.9M by 16.48%. Lastly, the company's EPS was $2.94, beating the average prediction of $1.38 by 112.47%. In terms of the last quarterly report (Dec 2023), Modine Manufacturing's revenue was $561.4M, missing the average analysts' forecast of $594.84M by -5.62%. The company's EBITDA was $61.7M, beating the average prediction of $39.84M by 54.88%. Modine Manufacturing's net income was $44.4M, beating the average estimation of $31.85M by 39.39%. The company's SG&A was $68M, beating the average forecast of $65.01M by 4.60%. Lastly, the company's EPS was $0.85, beating the average prediction of $0.591 by 43.84%