NYSE:MEI - Methode Electronics Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $47.97
  • Forecasted Upside: 13.16 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$42.39
▼ -0.77 (-1.78%)

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 $47.97
▲ +13.16% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Methode Electronics in the last 3 months. The average price target is $47.97, with a high forecast of $47.97 and a low forecast of $47.97. The average price target represents a 13.16% upside from the last price of $42.39.

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 1 investment analysts is to hold stock in Methode Electronics. This rating has held steady since March 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/1/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/30/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/26/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/26/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/25/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/23/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/14/2021Robert W. BairdSet Price TargetHold$47.97Medium
10/19/2020Robert W. BairdReiterated RatingNeutral$34.00Low
4/21/2020Craig HallumBoost Price TargetBuy$35.00 ➝ $40.00High
3/19/2020B. RileyDowngradeBuy ➝ Neutral$42.00 ➝ $24.00High
3/6/2020Craig HallumLower Price TargetBuy$45.00 ➝ $40.00Medium
3/5/2020Robert W. BairdLower Price TargetOutperform$43.00 ➝ $39.00Medium
12/6/2019Robert W. BairdBoost Price TargetOutperform$39.00 ➝ $43.00High
8/30/2019B. RileySet Price TargetBuy$42.00Low
3/8/2019Craig HallumUpgradeHold ➝ Buy$25.00 ➝ $42.00Low
12/7/2018B. RileyReiterated RatingBuy$42.00High
12/7/2018Craig HallumSet Price TargetHold$40.00 ➝ $25.00High
12/4/2018Robert W. BairdUpgradeNeutral ➝ Outperform$44.00High
10/1/2018Robert W. BairdDowngradeOutperform ➝ NeutralHigh
3/2/2018Robert W. BairdReiterated RatingOutperform ➝ Outperform$48.00 ➝ $51.00High
12/5/2017B. RileyReiterated RatingBuy$49.00Low
11/1/2017B. RileyReiterated RatingBuyN/A
10/17/2017Robert W. BairdReiterated RatingBuy$46.00N/A
9/24/2017Robert W. BairdReiterated RatingBuy$47.00Low
8/31/2017FBR & Co.Reiterated RatingBuyHigh
7/18/2017FBR & Co.Reiterated RatingOutperform$49.00Medium
6/28/2017B. RileyReiterated RatingBuy$49.00Low
6/23/2017B. RileyReiterated RatingBuy$49.00N/A
6/19/2017Robert W. BairdReiterated RatingOutperform$51.00 ➝ $47.00High
3/11/2017B. RileyReiterated RatingBuy$49.00N/A
3/6/2017B. RileyReiterated RatingBuy$49.00N/A
3/3/2017FBR & Co.Reiterated RatingOutperform ➝ Outperform$50.00 ➝ $55.00N/A
3/1/2017B. RileyReiterated RatingBuy$46.50N/A
12/12/2016B. RileyReiterated RatingBuy$46.50N/A
12/9/2016FBR & Co.Boost Price TargetOutperform$42.00 ➝ $50.00N/A
12/7/2016B. RileyReiterated RatingBuy$46.50N/A
10/29/2016B. RileyReiterated RatingBuy$46.50N/A
10/24/2016B. RileyReiterated RatingBuy$46.50N/A
(Data available from 10/24/2016 forward)

News Sentiment Rating

0.34 (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

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/28/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/27/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/27/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/26/2021
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/26/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/25/2021
  • 0 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
9/24/2021
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/24/2021

Current Sentiment

  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Methode Electronics logo
Methode Electronics, Inc. engages in the manufacture of component and subsystem devices. It operates through the following segments: Automotive, Interface, Industrial, and Medical. The Automotive segment supplies electronic and electromechanical devices, and related products to automobile original equipment manufacturers. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions for the aerospace, appliance, commercial food service, construction, consumer, material handling, medical, military, mining, point-of-sale, and telecommunications markets. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars, and devices. The Medical segment refers to the medical device business. The company was founded by William Joseph McGinley in 1946 and is headquartered in Chicago, IL.
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Today's Range

Now: $42.39
Low: $42.39
High: $43.65

50 Day Range

MA: $44.32
Low: $41.17
High: $49.10

52 Week Range

Now: $42.39
Low: $29.60
High: $50.19

Volume

107,284 shs

Average Volume

190,312 shs

Market Capitalization

$1.62 billion

P/E Ratio

12.43

Dividend Yield

1.32%

Beta

1.28

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: Robert W. Baird, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for MEI.

What is the current price target for Methode Electronics?

1 Wall Street analysts have set twelve-month price targets for Methode Electronics in the last year. Their average twelve-month price target is $47.97, suggesting a possible upside of 13.2%. Robert W. Baird has the highest price target set, predicting MEI will reach $47.97 in the next twelve months. Robert W. Baird has the lowest price target set, forecasting a price of $47.97 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 1 hold rating 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 Trimble, Jabil, IPG Photonics, Fabrinet, Mercury Systems, Plexus, Sanmina, TTM Technologies, CTS, Benchmark Electronics, Park Aerospace, Neonode and Key Tronic.

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.