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April 12, 2024
Jefferies Financial Group began coverage on shares of Methode Electronics (NYSE:MEI – Free Report) in a report published on Tuesday morning, Marketbeat.com reports. The brokerage issued a hold rating and a $12.00 target price on the electronics maker’s stock. Separately, Sidoti reissued a neutral rating and set a $17.00 price target on shares of Methode […]
November 2, 2023
Strs Ohio boosted its position in Methode Electronics, Inc. (NYSE:MEI – Free Report) by 7.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,000 shares of the electronics maker’s stock after purchasing an additional 500 shares during the quarter. Strs Ohio’s holdings in […]
September 10, 2023
Methode Electronics (NYSE:MEI – Get Free Report) updated its second quarter 2024 earnings guidance on Thursday. The company provided earnings per share guidance of $0.12-$0.17 for the period, compared to the consensus earnings per share estimate of $0.49. The company issued revenue guidance of $285.00 million-$295.00 million, compared to the consensus revenue estimate of $310.52 […]
July 11, 2023
Methode Electronics, Inc. (NYSE:MEI – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 116,044 shares were traded during trading, a decline of 41% from the previous session’s volume of 196,798 shares.The stock last traded at $33.07 and had previously closed at $32.79. Analysts Set New Price Targets A number of brokerages have […]
June 15, 2023
Methode Electronics (NYSE:MEI – Get Rating) issued an update on its FY24 earnings guidance on Monday morning. The company provided EPS guidance of $1.55-1.75 for the period, compared to the consensus EPS estimate of $2.58. The company issued revenue guidance of $1.15-1.20 billion, compared to the consensus revenue estimate of $1.19 billion. Methode Electronics also […]
June 13, 2023
Methode Electronics (NYSE:MEI – Get Rating) updated its FY23 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $2.50-2.60 for the period, compared to the consensus estimate of $2.52. The company issued revenue guidance of $1.183 billion, compared to the consensus revenue estimate of $1.17 billion. Methode Electronics also updated […]
May 23, 2023
Methode Electronics (NYSE:MEI – Get Rating) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Monday. Separately, Robert W. Baird decreased their target price on shares of Methode Electronics from $52.00 to $49.00 in a research report on Monday, March 13th. Methode Electronics […]
May 15, 2023
Russell Investments Group Ltd. cut its stake in shares of Methode Electronics, Inc. (NYSE:MEI – Get Rating) by 6.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 158,400 shares of the electronics maker’s stock after selling 10,551 shares during the period. Russell Investments Group […]
May 13, 2023
StockNews.com upgraded shares of Methode Electronics (NYSE:MEI – Get Rating) from a hold rating to a buy rating in a research note issued to investors on Friday morning. Separately, Robert W. Baird reduced their target price on Methode Electronics from $52.00 to $49.00 in a report on Monday, March 13th. Methode Electronics Stock Performance NYSE […]
May 12, 2023
Polaris Capital Management LLC lessened its stake in shares of Methode Electronics, Inc. (NYSE:MEI – Get Rating) by 83.7% during the 4th quarter, HoldingsChannel reports. The firm owned 5,900 shares of the electronics maker’s stock after selling 30,300 shares during the quarter. Polaris Capital Management LLC’s holdings in Methode Electronics were worth $262,000 as of […]