Methode Electronics, Inc. (MEI) EPS Estimated At $0.65

February 19, 2018 - By Lynda A. Deweese

 Methode Electronics, Inc. (MEI) EPS Estimated At $0.65

Analysts expect Methode Electronics, Inc. (NYSE:MEI) to report $0.65 EPS on March, 1.They anticipate $0.02 EPS change or 3.17 % from last quarter’s $0.63 EPS. MEI’s profit would be $24.82M giving it 15.62 P/E if the $0.65 EPS is correct. After having $0.64 EPS previously, Methode Electronics, Inc.’s analysts see 1.56 % EPS growth. The stock increased 0.12% or $0.05 during the last trading session, reaching $40.6. About 149,199 shares traded. Methode Electronics, Inc. (NYSE:MEI) has risen 40.98% since February 19, 2017 and is uptrending. It has outperformed by 24.28% the S&P500.

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

Among 3 analysts covering Methode Electronics (NYSE:MEI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Methode Electronics had 11 analyst reports since September 4, 2015 according to SRatingsIntel. The stock of Methode Electronics, Inc. (NYSE:MEI) earned “Buy” rating by Robert W. Baird on Thursday, September 21. The firm has “Buy” rating given on Friday, December 8 by Robert W. Baird. FBR Capital maintained it with “Buy” rating and $49.0 target in Tuesday, December 5 report. The rating was downgraded by Craig Hallum on Friday, September 2 to “Hold”. Robert W. Baird maintained the stock with “Buy” rating in Monday, October 16 report. The firm earned “Buy” rating on Friday, September 4 by Craig Hallum. The stock has “Buy” rating by Robert W. Baird on Friday, June 23. The rating was maintained by FBR Capital on Friday, December 9 with “Outperform”. The firm has “Outperform” rating by FBR Capital given on Friday, March 3. Robert W. Baird upgraded Methode Electronics, Inc. (NYSE:MEI) rating on Friday, June 24. Robert W. Baird has “Outperform” rating and $45 target.

Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide. The company has market cap of $1.55 billion. The firm operates through four divisions: Automotive, Interface, Power Products, and Other. It has a 16.64 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.

More important recent Methode Electronics, Inc. (NYSE:MEI) news were published by: Reuters.com which released: “BRIEF-Methode Electronics Adds Brian Cadwallader To Its Board” on February 13, 2018, also Globenewswire.com published article titled: “Methode Electronics’ Board Approves Increased Dividend”, Globenewswire.com published: “Methode Electronics, Inc. Reports Fiscal 2018 Second-Quarter Sales and Earnings” on December 07, 2017. More interesting news about Methode Electronics, Inc. (NYSE:MEI) was released by: Globenewswire.com and their article: “Methode Electronics, Inc. Adds General Counsel Executive Brian Cadwallader to …” with publication date: February 13, 2018.

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