Modine Earns Unanimous Strong Buy and 3.8% EPS Upgrade to $4.81
Modine holds a perfect 1.00 average brokerage recommendation based on eight Strong Buy ratings from its covering analysts. Zacks Consensus Estimate for the current year has climbed 3.8% to $4.81, earning the company a Zacks Rank #1 (Strong Buy).
1. Unanimous Strong Buy from Eight Brokerages
Modine's average brokerage recommendation is 1.00 based on eight Strong Buy ratings, representing 100% of analyst opinions covering the stock.
2. Consensus EPS Estimate Rises 3.8% to $4.81, Earning Zacks Rank #1
The consensus earnings estimate for the current year increased by 3.8% to $4.81 over the past month, a change that propelled Modine to a Zacks Rank #1 (Strong Buy).
3. Brokerage Recommendations vs. Zacks Rank
Brokerage firm ratings often exhibit positive bias due to vested interests, whereas the Zacks Rank leverages earnings estimate revisions for a more timely and balanced evaluation of near-term stock performance.