Methode Electronics Inc's fundamentals are relatively stable, and its growth potential is good.Its valuation is considered fairly valued, ranking 32/59 in the Electronic Equipment & Parts industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 9.50.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Methode Electronics Inc's Score
Industry at a Glance
Industry Ranking
32 / 59
Overall Ranking
229 / 4582
Industry
Electronic Equipment & Parts
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
3
analysts
Buy
Current Rating
9.500
Target Price
+36.69%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Methode Electronics Inc Highlights
StrengthsRisks
Methode Electronics, Inc. is a supplier of custom-engineered solutions for user interface, light-emitting diode lighting and power distribution applications. The Company’s segments include Automotive, Industrial, Interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers, either directly or through their tiered suppliers. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies, such as its PowerRail solution, and powder-coated busbars. The Interface segment offers a variety of high-speed digital communication over copper media solutions for the data center and broadband markets, and interface panel solutions for the appliance market. The Medical segment is made up of its medical device business.
Undervalued
The company’s latest PB is 0.35, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 33.40M shares, decreasing 17.02% quarter-over-quarter.
Methode Electronics, Inc. is a supplier of custom-engineered solutions for user interface, light-emitting diode lighting and power distribution applications. The Company’s segments include Automotive, Industrial, Interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers, either directly or through their tiered suppliers. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies, such as its PowerRail solution, and powder-coated busbars. The Interface segment offers a variety of high-speed digital communication over copper media solutions for the data center and broadband markets, and interface panel solutions for the appliance market. The Medical segment is made up of its medical device business.
Ticker SymbolMEI
CompanyMethode Electronics Inc
CEODeGaynor (Jonathan B)
Websitehttps://www.methode.com/
FAQs
What is the current price of Methode Electronics Inc (MEI)?
The current price of Methode Electronics Inc (MEI) is 6.868.
What is the symbol of Methode Electronics Inc?
The ticker symbol of Methode Electronics Inc is MEI.
What is the 52-week high of Methode Electronics Inc?
The 52-week high of Methode Electronics Inc is 13.310.
What is the 52-week low of Methode Electronics Inc?
The 52-week low of Methode Electronics Inc is 5.083.
What is the market capitalization of Methode Electronics Inc?
The market capitalization of Methode Electronics Inc is 243.12M.
What is the net income of Methode Electronics Inc?
The net income of Methode Electronics Inc is -62.60M.
Is Methode Electronics Inc (MEI) currently rated as Buy, Hold, or Sell?
According to analysts, Methode Electronics Inc (MEI) has an overall rating of Buy, with a price target of 9.500.
What is the Earnings Per Share (EPS TTM) of Methode Electronics Inc (MEI)?
The Earnings Per Share (EPS TTM) of Methode Electronics Inc (MEI) is -1.781.