Sidoti reissued their neutral rating on shares of Methode Electronics (NYSE:MEI – Free Report) in a research report sent to investors on Thursday, MarketBeat Ratings reports. They currently have a $17.00 price target on the electronics maker’s stock. Separately, StockNews.com lowered Methode Electronics from a hold rating to a sell rating in a research report […]
Numerai GP LLC bought a new position in shares of Methode Electronics, Inc. (NYSE:MEI – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 197,250 shares of the electronics maker’s stock, valued at approximately $4,507,000. Methode Electronics comprises 1.5% of Numerai GP LLC’s investment portfolio, making the stock its 11th biggest […]
Methode Electronics (NYSE:MEI – Get Free Report) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided EPS guidance of 0.240-0.500 for the period, compared to the consensus EPS estimate of 0.920. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. […]
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 […]
MetLife Investment Management LLC lessened its position in shares of Methode Electronics, Inc. (NYSE:MEI – Get Rating) by 4.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,798 shares of the electronics maker’s stock after selling 870 shares during the quarter. […]