Modine Manufacturing Co hits a 20-day low amid sector rotation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 06 Jan 26
Source: 4
Modine Manufacturing Co's stock price fell by 18.23%, hitting a 20-day low during regular trading hours. This decline occurs as the broader market shows slight gains, with the Nasdaq-100 up 0.19% and the S&P 500 up 0.08%.
The drop in Modine's stock price is attributed to sector rotation, as investors shift their focus away from manufacturing stocks despite the overall market strength. This trend indicates a potential reevaluation of investment strategies among market participants, leading to a sell-off in Modine shares.
As the market continues to evolve, investors will be closely monitoring Modine's performance and any potential catalysts that could influence its stock price in the future.
Analyst Views on MOD
Wall Street analysts forecast MOD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MOD is 186.60 USD with a low forecast of 173.00 USD and a high forecast of 200.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 176.720
Low
173.00
Averages
186.60
High
200.00
Current: 176.720
Low
173.00
Averages
186.60
High
200.00
About MOD
Modine Manufacturing Company is a provider of thermal management technology and solutions. It is engaged in designing, engineering, testing, and manufacturing mission-critical thermal solutions. Its segment includes Climate Solutions and Performance Technologies. The Climate Solutions segment provides energy-efficient, climate-controlled solutions and components. The Climate Solutions segment provides cooling solutions for data centers that help save water and energy through intelligent controls. The Climate Solutions segment also provides heat exchangers for heating, ventilating, air conditioning and refrigeration applications and anti-corrosive coatings. The Performance Technologies segment provides products and solutions that enhance the performance of customer applications and develops solutions that provide mission-critical energy for a variety of end-market applications. It also designs and manufactures products and solutions using air-cooled and liquid-cooled technology.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
