Exceptional negative changes in Methode Electronics Inc (NYSE: MEI) investment behavior have recently occurred: negative upside/downside volume developed, and its shorter term price trend turned down.
Recent significant negative changes in fundamentals have impacted Methode Electronics Inc (NYSE: MEI): the consensus estimate for April, 2025 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, MEI is expected to be Value Creation neutral.
Methode Electronics has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Methode Electronics has a good Appreciation Score of 77 but a very low Power Rating of 12, producing the Low Neutral Value Trend Rating.
Recent Price Action
Methode Electronics Inc (NYSE: MEI) stock closed at $11.36 on 9/23/24 after a decline of -2.7%. NORMAL trading volume accompanied the decline. The stock has risen 7.5% during the last week but has been extremely weak relative to the market over the last nine months.
Be the first to comment