Methode Electronics - MEI Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $18.67
  • Forecasted Upside: 35.27%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$13.80
▲ +0.18 (1.32%)

This chart shows the closing price for MEI by one month, three months, or twelve months.

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Analyst Price Target for MEI

Analyst Price Target is $18.67
▲ +35.27% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Methode Electronics in the last 3 months. The average price target is $18.67, with a high forecast of $27.00 and a low forecast of $12.00. The average price target represents a 35.27% upside from the last price of $13.80.

This chart shows the closing price for MEI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 2 investment analysts is to hold stock in Methode Electronics. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/21/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/21/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/20/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/18/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/16/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/15/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/14/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/14/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/9/2024Jefferies Financial GroupInitiated CoverageHold$12.00Low
3/7/2024SidotiReiterated RatingBuy ➝ Neutral$17.00Low
9/8/2023Robert W. BairdLower Target$38.00 ➝ $27.00Low
6/23/2023Robert W. BairdLower Target$42.00 ➝ $38.00Low
6/13/2023Robert W. BairdLower Target$49.00 ➝ $42.00Low
3/13/2023Robert W. BairdLower Target$52.00 ➝ $49.00Low
11/22/2022Jefferies Financial GroupInitiated CoverageBuy$52.00Low
10/5/2022Barrington ResearchReiterated RatingMarket PerformLow
6/15/2022Robert W. BairdLower TargetNeutral$46.00 ➝ $42.00High
1/20/2022Barrington ResearchInitiated CoverageMarket PerformMedium
7/14/2021Robert W. BairdSet TargetHold$47.97Medium
10/19/2020Robert W. BairdReiterated RatingNeutral$34.00Low
4/21/2020Craig HallumBoost TargetBuy$35.00 ➝ $40.00High
3/19/2020B. RileyDowngradeBuy ➝ Neutral$42.00 ➝ $24.00High
3/6/2020Craig HallumLower TargetBuy$45.00 ➝ $40.00Medium
3/5/2020Robert W. BairdLower TargetOutperform$43.00 ➝ $39.00Medium
12/6/2019Robert W. BairdBoost TargetOutperform$39.00 ➝ $43.00High
8/30/2019B. RileySet TargetBuy$42.00Low
(Data available from 7/14/2019 forward)

News Sentiment Rating

0.35 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/17/2023
  • 8 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/16/2024
  • 5 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/15/2024
  • 15 very positive mentions
  • 20 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
3/16/2024
  • 1 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/15/2024
  • 1 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
5/15/2024
  • 6 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/14/2024
  • 3 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/14/2024

Current Sentiment

  • 3 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Methode Electronics logo
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 and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, eddy current, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures external lighting solutions comprising driving, work, and signal lights; industrial safety radio remote controls; braided flexible cables; current-carrying laminated and powder-coated busbars; high-voltage high current connector and contracts; custom power-product assemblies, such as PowerRail solution; and high-current low-voltage flexible power cabling systems that are used in aerospace, cloud computing, commercial vehicles, construction equipment, industrial, military, power conversion, and transportation markets and applications. 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.
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Today's Range

Now: $13.80
Low: $13.50
High: $14.57

50 Day Range

MA: $10.95
Low: $9.14
High: $13.80

52 Week Range

Now: $13.80
Low: $8.54
High: $34.04

Volume

1,800,330 shs

Average Volume

1,144,791 shs

Market Capitalization

$488.38 million

P/E Ratio

N/A

Dividend Yield

4.06%

Beta

0.72

Frequently Asked Questions

What sell-side analysts currently cover shares of Methode Electronics?

The following Wall Street analysts have issued reports on Methode Electronics in the last year: Jefferies Financial Group Inc., Robert W. Baird, Sidoti, and StockNews.com.
View the latest analyst ratings for MEI.

What is the current price target for Methode Electronics?

3 Wall Street analysts have set twelve-month price targets for Methode Electronics in the last year. Their average twelve-month price target is $18.67, suggesting a possible upside of 35.3%. Robert W. Baird has the highest price target set, predicting MEI will reach $27.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $12.00 for Methode Electronics in the next year.
View the latest price targets for MEI.

What is the current consensus analyst rating for Methode Electronics?

Methode Electronics currently has 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MEI, but not buy more shares or sell existing shares.
View the latest ratings for MEI.

What other companies compete with Methode Electronics?

Other companies that are similar to Methode Electronics include Park Aerospace, Key Tronic, Neonode, Trimble and Jabil. Learn More about companies similar to Methode Electronics.

How do I contact Methode Electronics' investor relations team?

Methode Electronics' physical mailing address is 8750 WEST BRYN MAWR AVENUE SUITE 1000, CHICAGO IL, 60631. The electronics maker's listed phone number is (708) 867-6777 and its investor relations email address is [email protected]. The official website for Methode Electronics is www.methode.com. Learn More about contacing Methode Electronics investor relations.