Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Methode Electronics Inc (NYSE: MEI) improved of late. MEI’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Methode Electronics Inc (NYSE: MEI) stock suffered a large decline of -5.7% on 1/31/25. The stock closed at $11.32. However, this decline was accompanied by below average trading volume at 80% of normal. The stock has declined -13.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Methode Electronics has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Methode Electronics has a neutral Power Rating of 52 but a good Appreciation Score of 79, with the Positive Value Trend Rating the result.
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