Media coverage about Modine Manufacturing (NYSE:MOD) has been trending somewhat positive recently, Accern reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Modine Manufacturing earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 45.065217080804 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

MOD has been the subject of several recent analyst reports. Zacks Investment Research raised Modine Manufacturing from a “hold” rating to a “strong-buy” rating and set a $24.00 target price for the company in a research note on Wednesday, October 11th. ValuEngine cut Modine Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Monday, December 4th. One investment analyst has rated the stock with a sell rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $24.00.

Shares of Modine Manufacturing (NYSE MOD) opened at $21.80 on Tuesday. Modine Manufacturing has a one year low of $10.10 and a one year high of $23.95. The company has a market capitalization of $1,100.00, a P/E ratio of 25.65 and a beta of 1.23. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.87 and a current ratio of 1.25.

Modine Manufacturing (NYSE:MOD) last announced its quarterly earnings results on Tuesday, October 31st. The auto parts company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.14. The business had revenue of $508.30 million for the quarter, compared to analyst estimates of $466.33 million. Modine Manufacturing had a return on equity of 14.94% and a net margin of 2.29%. The company’s quarterly revenue was up 60.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.01) earnings per share. analysts forecast that Modine Manufacturing will post 1.43 EPS for the current fiscal year.

In other Modine Manufacturing news, COO Thomas F. Marry sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $21.97, for a total value of $153,790.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Scott D. Wollenberg sold 6,414 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $23.55, for a total value of $151,049.70. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,241 shares of company stock worth $982,316. Corporate 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.

Insider Buying and Selling by Quarter for Modine Manufacturing (NYSE:MOD)

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