Modine Manufacturing Co Surpasses Analyst Target Price of $157.00

Modine Manufacturing Co's stock price has crossed above the average analyst 12-month target price of $157.00, reaching $158.57/share. Analysts have varying target prices, with a high of $185.00 and a low of $135.00. The average rating is 1.0, with 7 strong buy ratings, no buy, hold, sell, or strong sell ratings.

Modine Manufacturing Co's (MOD) stock price has crossed above the average analyst 12-month target price of $157.00, reaching $158.57/share. Analysts have varying target prices, with a high of $185.00 and a low of $135.00. The average rating is 1.0, with 7 strong buy ratings, no buy, hold, sell, or strong sell ratings Could the Back Half of Fiscal 2026 Unlock Modine's Margin Growth?^[1].

Modine's stock performance has been driven by strong earnings reports and optimistic growth projections. The company has reported net sales of $682.8 million in the first quarter of fiscal 2026, up 3% from the previous year, largely driven by the Climate Solutions segment MOD vs. THRM: Which Thermal Management Stock is the Better Buy?^[2]. Modine anticipates a substantial volume ramp-up in the second half of the year, projecting full-year fiscal 2026 net sales growth of 10-15% year over year and adjusted EBITDA growth of 12-20% year over year MOD vs. THRM: Which Thermal Management Stock is the Better Buy?^[2].

The company's acquisition strategy has been a key driver of growth. In April and May 2025, Modine acquired AbsolutAire and L.B. White, respectively, and in July, it completed the acquisition of Climate by Design International (CDI). These acquisitions support Modine's strategy to address mission-critical thermal management challenges and expand into adjacent markets with strong long-term growth potential MOD vs. THRM: Which Thermal Management Stock is the Better Buy?^[2].

Modine's return on equity (ROE) of 24% indicates strong profitability relative to shareholders' equity. The company plans to pass on higher costs related to tariffs and rising material prices to customers, similar to its previous strategy MOD vs. THRM: Which Thermal Management Stock is the Better Buy?^[2].

The positive outlook for Modine is reflected in the Zacks Consensus Estimate for MOD's fiscal 2026 EPS, which implies year-over-year growth of 14.3% MOD vs. THRM: Which Thermal Management Stock is the Better Buy?^[2]. Despite the strong performance, analysts have noted that Modine's forward sales multiple of 2.62X is closer to its mean of 2.72X over the last five years, indicating that the stock may be overvalued compared to its historical averages Could the Back Half of Fiscal 2026 Unlock Modine's Margin Growth?^[1].