MEI has been the subject of a number of other reports. TheStreet raised shares of Methode Electronics from a c+ rating to a b rating in a report on Wednesday, September 11th. Zacks Investment Research upgraded Methode Electronics from a sell rating to a hold rating in a report on Friday, November 1st. Finally, B. Riley set a $42.00 target price on Methode Electronics and gave the company a buy rating in a research report on Friday, August 30th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of Hold and an average price target of $40.25.
Shares of NYSE:MEI traded up $0.43 during mid-day trading on Tuesday, hitting $36.58. 1,137 shares of the company traded hands, compared to its average volume of 139,968. The firm’s 50 day simple moving average is $35.57 and its 200 day simple moving average is $30.87. The firm has a market cap of $1.38 billion, a P/E ratio of 12.33 and a beta of 1.50. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.88 and a current ratio of 2.55. Methode Electronics has a 52-week low of $20.99 and a 52-week high of $37.65.
Methode Electronics Company Profile
Methode Electronics, Inc designs, manufactures, and markets component and subsystem devices worldwide. The company operates through four segments: Automotive, Interface, Power Products, and Other. The Automotive segment offers electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers.
See Also: Institutional Investors
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Methode Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Methode Electronics and related companies with MarketBeat.com's FREE daily email newsletter.