News coverage about Modine Manufacturing (NYSE:MOD) has trended somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Modine Manufacturing earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 45.3559272806145 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- $0.29 Earnings Per Share Expected for Modine Manufacturing Company (MOD) This Quarter (americanbankingnews.com)
- Zacks: Brokerages Set $24.33 Price Target for Modine Manufacturing Company (MOD) (americanbankingnews.com)
- Modine Manufacturing Company Announces Resignation Of Holger Schwab, Vice President VTS (finance.yahoo.com)
- Insider Selling: Modine Manufacturing Company (MOD) COO Sells 5,492 Shares of Stock (americanbankingnews.com)
Shares of Modine Manufacturing (NYSE MOD) opened at $20.55 on Wednesday. Modine Manufacturing has a twelve month low of $10.10 and a twelve month high of $23.95. The company has a market capitalization of $1,040.00, a P/E ratio of 24.18 and a beta of 1.22. The company has a current ratio of 1.25, a quick ratio of 0.87 and a debt-to-equity ratio of 0.82.
MOD has been the topic of several recent analyst reports. ValuEngine cut Modine Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Monday, December 4th. Zacks Investment Research cut Modine Manufacturing from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $24.00.
In other Modine Manufacturing news, VP Scott D. Wollenberg sold 6,414 shares of Modine Manufacturing stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $23.55, for a total value of $151,049.70. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Holger Schwab sold 11,141 shares of Modine Manufacturing stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $20.10, for a total transaction of $223,934.10. Following the completion of the transaction, the vice president now owns 47,225 shares in the company, valued at approximately $949,222.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 45,241 shares of company stock worth $982,316. 4.42% of the stock is owned by corporate insiders.
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.
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