Analysts See $0.58 EPS for Methode Electronics, Inc. (MEI)

August 13, 2018 - By Marguerite Chambers

Methode Electronics, Inc. (NYSE:MEI) Logo

Analysts expect Methode Electronics, Inc. (NYSE:MEI) to report $0.58 EPS on August, 30.They anticipate $0.02 EPS change or 3.33 % from last quarter’s $0.6 EPS. MEI’s profit would be $21.47M giving it 16.90 P/E if the $0.58 EPS is correct. After having $0.98 EPS previously, Methode Electronics, Inc.’s analysts see -40.82 % EPS growth. The stock decreased 1.63% or $0.65 during the last trading session, reaching $39.2. About 214,248 shares traded. Methode Electronics, Inc. (NYSE:MEI) has declined 0.37% since August 13, 2017 and is downtrending. It has underperformed by 12.94% the S&P500.

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

Among 2 analysts covering Methode Electronics (NYSE:MEI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Methode Electronics had 3 analyst reports since March 2, 2018 according to SRatingsIntel. As per Friday, March 2, the company rating was maintained by FBR Capital. The stock has “Outperform” rating by Robert W. Baird on Friday, March 2. The rating was maintained by FBR Capital with “Buy” on Tuesday, June 19.

Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide. The company has market cap of $1.45 billion. The firm operates through four divisions: Automotive, Interface, Power Products, and Other. It has a 25.79 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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