Modine Manufacturing (MOD) Given Daily Coverage Optimism Rating of 0.03

News articles about Modine Manufacturing (NYSE:MOD) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Modine Manufacturing earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave headlines about the auto parts company an impact score of 45.3455736178585 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

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Separately, Zacks Investment Research lowered Modine Manufacturing from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd.

Shares of Modine Manufacturing stock opened at $21.20 on Friday. The firm has a market cap of $1,031.93, a PE ratio of 27.18 and a beta of 1.33. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.85 and a current ratio of 1.24. Modine Manufacturing has a 12 month low of $10.10 and a 12 month high of $25.75.

Modine Manufacturing (NYSE:MOD) last announced its quarterly earnings results on Tuesday, January 30th. The auto parts company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.29 by $0.06. The firm had revenue of $512.70 million for the quarter, compared to analyst estimates of $456.30 million. Modine Manufacturing had a return on equity of 16.54% and a net margin of 0.62%. The business’s revenue for the quarter was up 46.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.21 earnings per share. sell-side analysts predict that Modine Manufacturing will post 1.5 earnings per share for the current year.

In related news, VP Scott L. Bowser sold 3,500 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $24.36, for a total transaction of $85,260.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Scott D. Wollenberg sold 10,035 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $22.76, for a total value of $228,396.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 30,914 shares of company stock worth $686,901. Insiders own 4.42% of the company’s stock.

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About Modine Manufacturing

Modine Manufacturing Company develops, manufactures, and markets engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer vehicular applications. The company operates through Americas, Europe, Asia, and Building HVAC segments. It offers powertrain cooling products, such as engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products consisting of exhaust gas recirculation coolers, engine oil coolers, fuel coolers, charge air coolers, and intake air coolers; and auxiliary coolers, such as transmission and retarder oil coolers, and power steering coolers, as well as component assemblies, radiators, and battery cooling products.

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

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