MEI icon

Methode Electronics

10.37 USD
-0.19
1.80%
At close Feb 14, 4:00 PM EST
1 day
-1.80%
5 days
-1.61%
1 month
-11.59%
3 months
6.69%
6 months
0.00%
Year to date
-12.34%
1 year
-51.08%
5 years
-69.66%
10 years
-73.16%
 

About: Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized into various business segments: Automotive, Industrial, Interface, and Medical. The Automotive segment which generates maximum revenue, supplies electronic and electro-mechanical devices and related products to automobiles. The products manufactured in the automotive segment include overhead and center consoles, hidden and ergonomic switches, insert molded components, LED-based lighting, and sensors. Geographically, the company generates maximum revenue from North America and the rest from Europe, the Middle East & Africa (EMEA), and Asia.

Employees: 7,500

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

13% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 55

7% more capital invested

Capital invested by funds: $369M [Q2] → $397M (+$27.3M) [Q3]

8% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 24

2% less funds holding

Funds holding: 166 [Q2] → 162 (-4) [Q3]

6.87% less ownership

Funds ownership: 100.83% [Q2] → 93.96% (-6.87%) [Q3]

79% less call options, than puts

Call options by funds: $227K | Put options by funds: $1.08M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$16
54%
upside
Avg. target
$16
54%
upside
High target
$16
54%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Baird
Luke Junk
46% 1-year accuracy
6 / 13 met price target
54%upside
$16
Neutral
Maintained
6 Dec 2024

Financial journalist opinion

Based on 16 articles about MEI published over the past 30 days

Neutral
Accesswire
2 days ago
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Methode Electronics, Inc. (MEI) and Encourages Shareholders to Learn More About the Investigation
NEW YORK, NY / ACCESS Newswire / February 14, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Methode Electronics, Inc. ("Methode Electronics" or "the Company") (NYSE:MEI). Investors who purchased Methode Electronics securities prior to December 2, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MEI.
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Methode Electronics, Inc. (MEI) and Encourages Shareholders to Learn More About the Investigation
Neutral
Accesswire
3 days ago
Methode Electronics, Inc. (MEI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation
NEW YORK, NY / ACCESS Newswire / February 13, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Methode Electronics, Inc. ("Methode Electronics" or "the Company") (NYSE:MEI). Investors who purchased Methode Electronics securities prior to December 2, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MEI.
Methode Electronics, Inc. (MEI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation
Neutral
Accesswire
4 days ago
Bronstein, Gewirtz & Grossman, LLC Encourages Methode Electronics, Inc. (MEI) Shareholders to Inquire about Securities Investigation
NEW YORK, NY / ACCESS Newswire / February 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Methode Electronics, Inc. ("Methode Electronics" or "the Company") (NYSE:MEI). Investors who purchased Methode Electronics securities prior to December 2, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MEI.
Bronstein, Gewirtz & Grossman, LLC Encourages Methode Electronics, Inc. (MEI) Shareholders to Inquire about Securities Investigation
Neutral
Accesswire
5 days ago
Bronstein, Gewirtz & Grossman, LLC Is Investigating Methode Electronics, Inc. (MEI) And Encourages Shareholders to Connect
NEW YORK, NY / ACCESS Newswire / February 11, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Methode Electronics, Inc. ("Methode Electronics" or "the Company") (NYSE:MEI). Investors who purchased Methode Electronics securities prior to December 2, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MEI.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Methode Electronics, Inc. (MEI) And Encourages Shareholders to Connect
Neutral
PRNewsWire
6 days ago
Kuehn Law Encourages Investors of Methode Electronics, Inc. to Contact Law Firm
NEW YORK , Feb. 10, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Methode Electronics, Inc. (NYSE: MEI)  breached their fiduciary duties to shareholders.  According to a federal securities lawsuit, Methode insiders caused the company to misrepresent or fail to disclose that (i) Methode Electronics lost skilled employees during the COVID-19 pandemic, hindering their transition to a high mix, low volume production model at Monterrey; (ii) Efforts to diversify from General Motors center consoles to specialized EV products faced planning issues, inventory shortages, supplier problems, and poor execution; (iii) The Monterrey facility's manufacturing systems had logistical defects, including coding errors, shipping mistakes, delivery delays, and quality control issues; (iv) deadlines were missed on launching new EV programs, delaying revenue; (v) Consequently, Methode Electronics was not on track to meet its 2023 earnings-per-share guidance or the projected 6% organic sales growth rate.
Kuehn Law Encourages Investors of Methode Electronics, Inc. to Contact Law Firm
Neutral
Accesswire
6 days ago
Bronstein, Gewirtz & Grossman, LLC Encourages Methode Electronics, Inc. (MEI) Stockholders to Inquire about Securities Investigation
NEW YORK, NY / ACCESS Newswire / February 10, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Methode Electronics, Inc. ("Methode Electronics" or "the Company") (NYSE:MEI). Investors who purchased Methode Electronics securities prior to December 2, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MEI.
Bronstein, Gewirtz & Grossman, LLC Encourages Methode Electronics, Inc. (MEI) Stockholders to Inquire about Securities Investigation
Neutral
Accesswire
1 week ago
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Methode Electronics, Inc. (MEI) and Encourages Investors to Learn More About the Investigation
NEW YORK, NY / ACCESS Newswire / February 9, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Methode Electronics, Inc. ("Methode Electronics" or "the Company") (NYSE:MEI). Investors who purchased Methode Electronics securities prior to December 2, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MEI.
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Methode Electronics, Inc. (MEI) and Encourages Investors to Learn More About the Investigation
Neutral
Accesswire
1 week ago
Methode Electronics, Inc. (MEI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
NEW YORK, NY / ACCESS Newswire / February 7, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Methode Electronics, Inc. ("Methode Electronics" or "the Company") (NYSE:MEI). Investors who purchased Methode Electronics securities prior to December 2, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MEI.
Methode Electronics, Inc. (MEI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
Neutral
GlobeNewsWire
1 week ago
METHODE ELECTRONICS ALERT: Bragar Eagel & Squire, P.C. is Investigating Methode Electronics Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Methode Electronics Inc. (NYSE: MEI) on behalf of long-term stockholders following a class action complaint that was filed against Methode Electronics on August 26, 2024 with a Class Period from December 2, 2021 to March 6, 2024. Our investigation concerns whether the board of directors of Methode Electronics have breached their fiduciary duties to the company.
METHODE ELECTRONICS ALERT: Bragar Eagel & Squire, P.C. is Investigating Methode Electronics Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
Neutral
Accesswire
1 week ago
Bronstein, Gewirtz & Grossman, LLC Is Investigating Methode Electronics, Inc. (MEI) And Encourages Investors to Connect
NEW YORK, NY / ACCESS Newswire / February 6, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Methode Electronics, Inc. ("Methode Electronics" or "the Company") (NYSE:MEI). Investors who purchased Methode Electronics securities prior to December 2, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MEI.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Methode Electronics, Inc. (MEI) And Encourages Investors to Connect
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