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Methode Electronics, Inc.

MEINYSE
Technology
Hardware, Equipment & Parts
$7.70
$-2.59(-25.17%)

Methode Electronics, Inc. (MEI) Stock Overview

Explore Methode Electronics, Inc.’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B

Score: 61.5/100

Key Financials

Market Cap275.9M
P/E Ratio-4.42
EPS (TTM)$-1.77
ROE-0.09%
Fundamental Analysis

AI Price Forecasts

1 Week$8.33
1 Month$8.09
3 Months$5.60
1 Year Target$4.60

MEI Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Methode Electronics, Inc. (MEI) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

The current technical analysis reveals key indicators including an RSI of 34.71, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $4.60.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -4.42 and a market capitalization of 275.9M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Technical Indicators

34.71RSI (14)
0.38MACD
54.43ADX
Revenue Growth
-5.52%
5.52%
Profit Growth
$-1.76
259.92%
EPS Growth
$-1.76
262.62%
Operating Margin
-2.28%
223.89%
ROE
-8.69%
259.92%
Dividend Yield
0.00%
2.17%

Analyst Recommendations

Strong Buy
Buy
Hold
Sell
Strong Sell

Price Targets

Low$9.00
Average$11.00
High$13.00

Company Profile

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead-frames, and LED-based lighting and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system. The Industrial segment manufactures lighting solutions; industrial safety radio remote controls; braided flexible cables; current-carrying laminated busbars and devices; custom power-product assemblies, such as PowerRail solution; high-current low-voltage flexible power cabling systems; and powder-coated busbars that are used in various markets and applications comprising aerospace, cloud computing, commercial vehicles, industrial, military, power conversion, and transportation. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.

CEO

Jonathan B. DeGaynor

Employees

7,500

Headquarters

8750 West Bryn Mawr Avenue, Chicago, IL

Founded

1982

Frequently Asked Questions

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