At the time of writing, Methode Electronics, Inc [MEI] stock is trading at $6.39, down -0.31%. An important factor to consider is whether the stock is rising or falling in short-term value. The MEI shares have gain 9.42% over the last week, with a monthly amount drifted -1.84%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Methode Electronics, Inc [NYSE: MEI] stock has seen the most recent analyst activity on February 25, 2025, when Sidoti upgraded its rating to a Buy. Previously, Jefferies started tracking the stock with Hold rating on April 09, 2024, and set its price target to $12. On March 07, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $17 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $52 on November 22, 2022. Barrington Research initiated its recommendation with a Mkt Perform. In a note dated March 19, 2020, B. Riley FBR downgraded an Neutral rating on this stock and revised its target price from $42 to $24.
For the past year, the stock price of Methode Electronics, Inc fluctuated between $5.08 and $17.45. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Methode Electronics, Inc [NYSE: MEI] shares were valued at $6.39 at the most recent close of the market. An investor can expect a potential return of 40.85% based on the average MEI price forecast.
Analyzing the MEI fundamentals
According to Methode Electronics, Inc [NYSE:MEI], the company’s sales were 1.07B for trailing twelve months, which represents an -7.55% plunge. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.12 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.5.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.24 points at the first support level, and at 6.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.48, and for the 2nd resistance point, it is at 6.58.
Ratios To Look Out For
It is important to note that Methode Electronics, Inc [NYSE:MEI] has a current ratio of 2.84. On the other hand, the Quick Ratio is 1.75, and the Cash Ratio is 0.52. Considering the valuation of this stock, the price to sales ratio is 0.21, the price to book ratio is 0.32.
Transactions by insiders
Recent insider trading involved Ullrich Lars, SVP Global Automotive Business, that happened on Mar 14 ’25 when 15150.0 shares were purchased. CEO and President, DeGaynor Jonathan B completed a deal on Mar 11 ’25 to buy 32733.0 shares. Meanwhile, Director LINDSEY MARY A bought 8800.0 shares on Sep 23 ’24.
