Methode Electronics, Inc (NYSE:MEI) currently has a daily average trading volume of 327.74K but it saw 270997 shares traded in last market. With a market cap of 324.79M USD, the company’s current market price of $9.10 came rising about 0.11 while comparing to the previous closing price of $9.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.45 and as low as $5.08. In the recent trading on the day, stock has struck highest price mark of $9.04 while lowest mark touched by it was $9.315.
Sidoti issued its recommendations for the stock as it downgraded the price target for the stock is $17.
Over the week, MEI’s stock price is moving 0.66% up while it is 22.48% when we observe its performance for the past one month. Year-to-date it is -22.82% down and over the past year, the stock is showing a downside performance of -4.21%.
The company is expected to be releasing its next quarterly report on 2025-Mar-05, for which analysts forecasted an EPS of 0.03 while estimate for next year EPS is -0.36. In next quarter, company is expected to be making quarterly sales of $245.07M as analysts are expecting the sales for current fiscal year at $1.02B and seeing the company making $1.05B in sales next year. Moreover, analysts are in estimates of $228.75M for current-quarter revenue.
Currently, Methode Electronics, Inc’s total number of outstanding shares is 35.66M. Company’s return on investment (ROI) stands at -8.71% and return on equity (ROE) at -11.90%. It has a 19.78 of forward P/E ratio. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 0.46 while price to sale or P/S ratio amounts to 0.30. Its return on asset (ROA) is -6.55% on average.
