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Modine Manufacturing Company (MOD) provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications. 
It operates through Climate Solutions and Performance Technologies segments.
The company offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; perimeter heating products, such as commercial fin-tube radiation, cabinet unit heaters, and convectors; roof-mounted direct- and indirect-fired makeup air units; unit ventilators; single packaged vertical units; precision air conditioning units for data center applications; air handler units; fan walls; chillers; ceiling cassettes; hybrid fan coils; and condensers and condensing units.
It also provides heat recovery, round tube plate fin, and motor and generator cooling coils; evaporator unit, fluid, transformer oil, gas, and dry and brine coolers, as well as remote condensers; and coatings to protect against corrosion.
In addition, the company offers powertrain cooling products, including engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products comprising exhaust gas recirculation, engine oil, fuel, and charge air coolers; liquid-cooled products, such as engine oil, EGR, liquid charge air, transmission and retarder oil, fuel coolers, and condensers; and complete battery thermal management systems and electronics cooling packages.
Shares have formed a bullish "flag" following its latest earnings report. On May 24th, MOD reported Quarter March 2023 earnings of $0.67 per share on revenue of $618.1 million. The consensus earnings estimate was $0.48 per share on revenue of $585.0 million. Revenue grew 7.6% on a year-over-year basis.
The company said it expects fiscal 2024 revenue of $2.39 billion to $2.53 billion. The current consensus earnings estimate is $2.39 billion for the year ending March 31, 2024. Higher share prices are expected.
Entry Point: $31.50
Stop Loss: $9.94 to $34.01
Trading Range: $30.00
Target Price: $35.00
