Recent exceptional negative changes in investment behavior have affected Methode Electronics Inc (NYSE: MEI): negative upside/downside volume developed, and its shorter term price trend turned down.
Recent important 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 (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Methode Electronics has a good Appreciation Score of 84 but a poor Power Rating of 19, with the Neutral Value Trend Rating the result.
Recent Price Action
Methode Electronics Inc (NYSE: MEI) stock declined slightly by -0.1% on 10/25/24. The stock closed at $9.19. However, trading volume in this decline was below average at 69% of normal. The stock has declined -17.6% during the last week and has been extremely weak relative to the market over the last nine months.
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