Latest news with #Modine
Yahoo
08-08-2025
- Automotive
- Yahoo
Is GARRETT MOTION (GTX) Outperforming Other Auto-Tires-Trucks Stocks This Year?
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has Garrett Motion (GTX) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question. Garrett Motion is one of 96 companies in the Auto-Tires-Trucks group. The Auto-Tires-Trucks group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Garrett Motion is currently sporting a Zacks Rank of #1 (Strong Buy). Within the past quarter, the Zacks Consensus Estimate for GTX's full-year earnings has moved 11.9% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the latest available data, GTX has gained about 39.2% so far this year. Meanwhile, the Auto-Tires-Trucks sector has returned an average of -13.1% on a year-to-date basis. This means that Garrett Motion is performing better than its sector in terms of year-to-date returns. Modine (MOD) is another Auto-Tires-Trucks stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 17.8%. Over the past three months, Modine's consensus EPS estimate for the current year has increased 0.6%. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Garrett Motion belongs to the Automotive - Original Equipment industry, a group that includes 50 individual stocks and currently sits at #95 in the Zacks Industry Rank. On average, this group has gained an average of 1.1% so far this year, meaning that GTX is performing better in terms of year-to-date returns. Modine is also part of the same industry. Investors with an interest in Auto-Tires-Trucks stocks should continue to track Garrett Motion and Modine. These stocks will be looking to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garrett Motion Inc. (GTX) : Free Stock Analysis Report Modine Manufacturing Company (MOD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
31-07-2025
- Business
- Yahoo
Modine (MOD) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2025, Modine (MOD) reported revenue of $682.8 million, up 3.2% over the same period last year. EPS came in at $1.06, compared to $1.04 in the year-ago quarter. The reported revenue represents a surprise of +4.87% over the Zacks Consensus Estimate of $651.12 million. With the consensus EPS estimate being $0.93, the EPS surprise was +13.98%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Modine performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Climate Solutions: $397.4 million compared to the $384.4 million average estimate based on three analysts. Net Sales- Corporate and eliminations: $-0.1 million compared to the $-4.98 million average estimate based on three analysts. Net Sales- Performance Technologies: $285.5 million versus the three-analyst average estimate of $273.68 million. Adjusted EBITDA- Climate Solutions: $79.4 million versus the three-analyst average estimate of $75.01 million. Adjusted EBITDA- Corporate and eliminations: $-15.5 million compared to the $-16.96 million average estimate based on three analysts. Adjusted EBITDA- Performance Technologies: $37.5 million compared to the $38.91 million average estimate based on three analysts. View all Key Company Metrics for Modine here>>> Shares of Modine have returned +14.2% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Modine Manufacturing Company (MOD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
27-07-2025
- Business
- Yahoo
Jim Cramer Says 'Modine's Got A Lot of Good Things Going'
Modine Manufacturing Company (NYSE:MOD) is one of the stocks that Jim Cramer looked at. A caller asked what Cramer thinks of the company given the bull market. In response, Cramer said: 'Well, Modine, look, I think you don't need, Modine's got a lot of good things going. It is a good industrial, it's not a great industrial. We've been buying, just so you know, for the Charitable Trust, we've been buying the stock of Dover. I think Dover is a better play for you than Modine.' Stock chart Modine (NYSE:MOD) provides thermal management solutions and heat transfer products for a range of industrial, commercial, and data center applications, including HVAC systems, powertrain cooling, battery thermal management, and precision air conditioning. The company also offers replacement parts, maintenance services, and control systems. In a February episode, Cramer criticized people selling the stock, as he remarked: 'Yeah, I gotta tell you… people decided that that is part of the data center and the CFO sold a lot of stock so people are itching to get out. It has come down so much. I don't know what they're itching about.' Since Cramer's above comment about the company stock, it has risen by nearly 12.5% at the time of writing. While we acknowledge the potential of MOD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
22-07-2025
- Business
- CNBC
Cramer's Lightning Round: Don't buy UPS
UPS: "UPS is a real quandary. I love that yield, but I do think that the fundamentals are still hurting. I'm going to have to take a pass on that one [Don't buy! Don't buy! Don't buy! Don't buy!]." SoundHound AI: "...I would be a little careful." Modine: "Modine's got a lot of good things going...I think Dover is a better play for you than Modine." Entergy: "ETR's had such a run, I know it can go higher...I'm going to say right here [don't buy! don't buy]." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest The CNBC Investing Club Charitable Trust owns shares of Dover.
Yahoo
11-07-2025
- Business
- Yahoo
Modine (MOD) Stock Declines While Market Improves: Some Information for Investors
Modine (MOD) closed the most recent trading day at $92.65, moving -6.11% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.28%. Elsewhere, the Dow gained 0.43%, while the tech-heavy Nasdaq added 0.09%. Heading into today, shares of the heating and cooling products maker had gained 4.81% over the past month, outpacing the Auto-Tires-Trucks sector's loss of 1.41% and the S&P 500's gain of 4.37%. Analysts and investors alike will be keeping a close eye on the performance of Modine in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.96, reflecting a 7.69% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $651.12 million, showing a 1.57% drop compared to the year-ago quarter. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.52 per share and a revenue of $2.74 billion, representing changes of +11.6% and +6.14%, respectively, from the prior year. Investors should also take note of any recent adjustments to analyst estimates for Modine. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.33% upward. Right now, Modine possesses a Zacks Rank of #3 (Hold). In terms of valuation, Modine is presently being traded at a Forward P/E ratio of 21.83. This valuation marks a premium compared to its industry average Forward P/E of 13.11. It's also important to note that MOD currently trades at a PEG ratio of 0.64. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Automotive - Original Equipment industry held an average PEG ratio of 1.1. The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 183, placing it within the bottom 26% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow MOD in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Modine Manufacturing Company (MOD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
