Seeking Alpha

Modine Manufacturing Company (MOD)

  • Mon, Mar. 2, 1:57 PM
    • There's a broad rally in auto parts stocks underway after a strong read on sales in some key European markets.
    • Sales in Spain rose 26% Y/Y in February, while sales improved 7% in Germany and 4.1% in France.
    • February U.S. sales are due to be reported tomorrow by manufacturers.
    • Gainers: Federal-Mogul (NASDAQ:FDML)+4.1%, Westport Innovations (NASDAQ:WPRT) +2.6%, Modine Manufacturing (NYSE:MOD) +2.6%, Dana Holding (NYSE:DAN) +2.5%, Visteon (NYSE:VC) +2.4%, BorgWarner (NYSE:BWA) +2.4%, Lear (NYSE:LEA) +2.4%, Lydall (NYSE:LDL) +2.2%, Johnson Controls (NYSE:JCI) +2.2%, Delphi Automotive (NYSE:DLPH) +2.0%.
    | Comment!
  • Mon, Feb. 2, 12:19 PM
    • A number of auto parts stocks are in rally mode today.
    • A positive forecast on global demand from IHS could be boosting sentiment.
    • The research firm projects global sales will improve 2.4% to 88.6M units - a mark that is dragged down by the collapse of the Russian auto industry.
    • Some analysts think the sector is setting up to see a delayed demand reaction this year as drivers add more miles than anticipated to their cars with gas prices lower.
    • Easy sales comparisons are also looming in the second half for many companies/
    • Advancers: Tenneco (TEN +4.7%), Federal-Mogul Holdings (FDML +2.8%), Modina Manufacturing (MOD +3.4%), Superior Industries (SUP +3.3%), BorgWarner (BWA +1.7%), Cooper-Standard Holdings (CPS +1.1%), Delphi Automotive (DLPH +1.9%), Dana Holding (DAN +1.7%), Autolive (ALV +1.6%), Lear (LEA +1.5%).
  • May 12, 2014, 10:38 AM
    • Auto parts stocks are ripping gains to begin the week.
    • A positive read on global demand from Volkswagen, General Motors, and Tata Motors could be helping to tip sentiment in favor of the group.
    • Advancers: Meritor (MTOR+4.2%, Federal-Mogul (FDML+3.8%, Standard Motor Products (SMP+3.6%, Modine Manufacturing (MOD+3.2%, American Axle & Manufacturing (AXL+3.0%.
    | Comment!
  • Jun. 1, 2012, 8:25 AM
    Modine Manufacturing (MOD): FQ4 EPS of $0.34 beats by $0.11. Revenue of $388.7M (-2% Y/Y) misses by $18M. Shares -8.2% premarket. (PR)
    | Comment!
Visit Seeking Alpha's
MOD vs. ETF Alternatives
Company Description
Modine Manufacturing Co manufactures thermal management systems and components, bringing heating and cooling technology and solutions to diversified global markets.
Industry: Auto Parts
Country: United States