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Added to YB: 2024-12-02

Pitch date: 2024-09-30

MOD [bullish]

Modine Manufacturing Company

+7.62%

current return

Author Info

No bio for this author

Company Info

Modine Manufacturing Company designs, engineers, tests, manufactures, and sells mission-critical thermal solutions in the United States, Canada, Italy, Hungary, the United Kingdom, China, and internationally.

Market Cap

$8.5B

Pitch Price

$129.98

Price Target

N/A

Dividend

N/A

EV/EBITDA

22.21

P/E

46.69

EV/Sales

3.35

Sector

Automobile Components

Category

growth

Show full summary:
Alger Small Cap Focus Fund Portfolio Holding: Modine Manufacturing Company

MOD: Thermal mgmt leader since 1916. Strong Q2 rev growth from datacenters offsetting low-margin exits. Raised FY27 guidance w/ double-digit rev growth. Key drivers: high-perf computing, emissions regs, electrification, low-GWP refrigerants, clean air in schools/public bldgs.

Read full article (1 min)