Modine Manufacturing (MOD) Earns Coverage Optimism Score of 0.23

News articles about Modine Manufacturing (NYSE:MOD) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Modine Manufacturing earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave headlines about the auto parts company an impact score of 45.6275940412236 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern Sentiment’s analysis:

Shares of Modine Manufacturing (NYSE MOD) traded down $0.35 during mid-day trading on Tuesday, hitting $22.20. The stock had a trading volume of 294,300 shares, compared to its average volume of 316,422. The company has a quick ratio of 0.87, a current ratio of 1.25 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $1,120.00, a price-to-earnings ratio of 17.21 and a beta of 1.19. Modine Manufacturing has a fifty-two week low of $10.10 and a fifty-two week high of $23.70.

Modine Manufacturing (NYSE:MOD) last issued its quarterly earnings data on Tuesday, October 31st. The auto parts company reported $0.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.14. Modine Manufacturing had a return on equity of 14.94% and a net margin of 2.29%. The business had revenue of $508.30 million during the quarter, compared to analysts’ expectations of $466.33 million. During the same period in the previous year, the firm posted ($0.01) earnings per share. The company’s revenue was up 60.0% on a year-over-year basis. equities analysts expect that Modine Manufacturing will post 1.43 earnings per share for the current year.

A number of brokerages recently commented on MOD. Zacks Investment Research lowered Modine Manufacturing from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. BidaskClub upgraded Modine Manufacturing from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. TheStreet raised Modine Manufacturing from a “c” rating to a “b-” rating in a report on Tuesday, August 1st. Finally, ValuEngine raised Modine Manufacturing from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. Modine Manufacturing has an average rating of “Hold” and an average price target of $24.00.

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In other news, VP Scott D. Wollenberg sold 6,414 shares of the stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $23.55, for a total transaction of $151,049.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Thomas Andrew Burke sold 84,980 shares of the stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $16.19, for a total transaction of $1,375,826.20. Following the transaction, the insider now directly owns 454,673 shares in the company, valued at approximately $7,361,155.87. The disclosure for this sale can be found here. Insiders own 4.42% of the company’s stock.

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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