Page 33 - Methode Electronics Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

California State Teachers Retirement System reduced its position in shares of Methode Electronics, Inc. (NYSE:MEI – Get Rating) by 1.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 51,953 shares of the electronics maker’s stock after selling 715 shares during the quarter. California State Teachers Retirement System’s holdings in Methode Electronics were […]

Methode Electronics (NYSE:MEI – Get Rating) will issue its quarterly earnings data before the market opens on Thursday, March 3rd. Analysts expect the company to announce earnings of $0.71 per share for the quarter. Methode Electronics has set its FY 2022 guidance at $3.000-$3.200 EPS.Parties interested in registering for the company’s conference call can do […]

Heartland Advisors: “Methode (MEI) is an Attractive Opportunity to Capture Growing Cash Flows” Heartland Advisors, an investment management firm, published its “Heartland Value Plus Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 20.62% was delivered by the fund’s institutional class shares for the Q1 of 2021, slightly below its Russell 2000® Value benchmark that delivered a 21.17% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Heartland Value Plus Fund, in its Q1 2021 ...

Following Timothy Glandon’s last MEI Buy transaction on March 22, 2021, the stock climbed by 1.5%. Based on Methode Electronics’ latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $295 million and quarterly net profit of $31.9 million. In comparison, last year the company earned revenue of $286 million and had a net profit of $41.2 million. The company has a one-year high of $47.01 and a one-year low of $23.97. MEI’s market cap is $1.69 billion and the company has a P/E ratio of 13.80. The insider sentiment on Methode Electronics has been ...

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