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Modine Manufacturing Company (MOD)

NYSE - NYSE Delayed Price. Currency in USD

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Visitors trend2W10W9M

11.11

+0.49

(+4.61%)

At close: 04:00PM EDT

10.93

-0.18

(-1.62%)

After hours:

05:19PM EDT

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T
Fiscal 2022 EBITDA OF $159M was $1.62 EPS.

Fiscal 2023 EBITDA guidance midpoint of $187M should be around $1.90 EPS.

What multiple do we put on that, similar to Trane & Carrier? Its certainly no auto parts company now.
T
Conf. Call. : Share repurchase plan reinstituted. Beginning this quarter.
T
Beautiful movement. Coordinated shorts trying to jump onboard and just getting clobbered along the way!
Bullish
T
Hanging in there, I believe this new management team will produce! Its been a tough couple of years for them in new jobs here.
B
Great quarter, $12.00 here we come
M
Finally!
T
Don’t bet against the 80/20. $MOD
Bullish
B
In at $8.15 just now. Know it will be a long term hold but I really like what they are trying to do strategically, and hope that their debt level is low enough to allow them the runway to pull it off…
J
We're extremely pleased with the positioning we took in MOD in early Oct. '21 (avg. basis = $7.19) .... just an FYI, using the same criteria/requirements which we used to locate MOD, we've found another great mid-size Company in the "value" manufacturing sector. It's Hurco, Inc. out of Indianapolis (HURC). With 25% of its Market cap held in cash and trading @ around 5X the net cash generated ... we believe it's a fantastic BUY ... similar to the "signals" used on taking our MOD position. Take a look at them. It's a very quiet Company that has fantastic financial discipline and it's beginning to scale.
J
Snagged some shares after hours with a limit at $9.65. Didn’t think that would work. Seriously undervalued company. Continuously penalized for the automotive business.
S
of course the stock price tanks with good ER. Same with my other companies today. -8% AH, WTH?
T
Fantastic setup here! Just wait until MOD announces their partnership(s) for hydrogen trucks.
Bullish
T
the new stimulus Bill includes huge amounts for new HVAC systems in public schools. modine stands ready to serve.
Bullish
C
Bought a lot of MOD under $6.00 recently. Consensus for Sept Q is $.08, I think MOD could be $.12 or better. Sales estimate is $395, whereas I think they could be closer to $420 million. 3rdQ and 4th Qs should be sequentially higher.

Sale of HDE division could be $100-$200 million or $2.00-$4.00/share. When that is done, the stock could jump by that amount, the rest of the business is worth $10/share. So buying under $6.00 for a company a year from now could be worth $12-$14/share.
T
Last year Chicago-based Madison Industries acquired Modine competitor Nortek Air Management for $3.6B. That was 2.3X Nortek sales of $1.58B and 12.5X Adjusted EBITDA of $290M.

With sales of $2B and 2022 guidance of Adjusted EBITDA of $170-$185M and Net debt of $297M; what's Modine really worth? A lot more than the $440M market cap suggests, I think.
T
Guidance of 1.55 to 1.70 full year EPS. Should trade around $17-18 with a 10-12x multiple.
Bullish
T
As goes $CARR so goes $MOD. Looking strong in HVAC and with Biden’s approach to American made $MOD is a strong winner now and in the foreseeable future.
Bullish
D
Never bet against a quality WI-based manufacturer!!

🐃 🐂 SNORT!!!! 🐂 🐃

🔥📈🚀👍🆙⬆️⤴️🔼⤴️⬆️🆙👍🚀📈🔥
T
Massive beat! Congrats $MOD shareholders!
Bullish
T
Bought more this morning and am averaging up a bit. Lots of room to the upside. Finally announced their EV division but a little too late as investors seem bored with $MOD. Good time to back up the wheelbarrow.