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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 […]
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 […]
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 […]
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 […]
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 […]