Methode Electronics, Inc. (MEI) Analysts See $0.72 EPS

November 8, 2018 - By Christine McCrea

Methode Electronics, Inc. (NYSE:MEI) Logo

Analysts expect Methode Electronics, Inc. (NYSE:MEI) to report $0.72 EPS on December, 6.They anticipate $0.08 EPS change or 12.50 % from last quarter’s $0.64 EPS. MEI’s profit would be $26.63M giving it 10.51 P/E if the $0.72 EPS is correct. After having $0.63 EPS previously, Methode Electronics, Inc.’s analysts see 14.29 % EPS growth. The stock decreased 0.13% or $0.04 during the last trading session, reaching $30.26. About 119,637 shares traded. Methode Electronics, Inc. (NYSE:MEI) has declined 0.78% since November 9, 2017 and is downtrending. It has underperformed by 16.40% the S&P500.

Methode Electronics, Inc. (NYSE:MEI) Ratings Coverage

Among 2 analysts covering Methode Electronics (NYSE:MEI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Methode Electronics had 2 analyst reports since June 19, 2018 according to SRatingsIntel. FBR Capital maintained it with “Buy” rating and $4900 target in Tuesday, June 19 report. The stock of Methode Electronics, Inc. (NYSE:MEI) has “Neutral” rating given on Monday, October 1 by Robert W. Baird.

Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide. The company has market cap of $1.12 billion. The firm operates through four divisions: Automotive, Interface, Power Products, and Other. It has a 18.9 P/E ratio. The Automotive segment offers electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers.

Methode Electronics, Inc. (NYSE:MEI) Institutional Positions Chart

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