Methode Electronics (NYSE:MEI – Get Free Report) updated its second quarter 2024 earnings guidance on Thursday. The company provided earnings per share guidance of $0.12-$0.17 for the period, compared to the consensus earnings per share estimate of $0.49. The company issued revenue guidance of $285.00 million-$295.00 million, compared to the consensus revenue estimate of $310.52 […]
William Blair Investment Management LLC grew its position in Methode Electronics, Inc. (NYSE:MEI – Free Report) by 0.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,029,719 shares of the electronics maker’s stock after buying an additional 4,939 shares […]
StockNews.com began coverage on shares of Methode Electronics (NYSE:MEI – Free Report) in a research note issued to investors on Thursday morning. The brokerage issued a hold rating on the electronics maker’s stock. Other research analysts also recently issued reports about the company. Robert W. Baird decreased their price objective on Methode Electronics from $42.00 […]
Methode Electronics, Inc. (NYSE:MEI – Get Free Report) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 381,500 shares, a decrease of 22.3% from the July 15th total of 491,000 shares. Currently, 1.1% of the company’s stock are sold short. […]
Miller Howard Investments Inc. NY cut its holdings in shares of Methode Electronics, Inc. (NYSE:MEI – Free Report) by 30.0% in the 1st quarter, HoldingsChannel reports. The fund owned 6,856 shares of the electronics maker’s stock after selling 2,939 shares during the period. Miller Howard Investments Inc. NY’s holdings in Methode Electronics were worth $301,000 […]