On June, 28 Methode Electronics, Inc. (MEI) EPS Estimated At $0.74

June 27, 2018 - By Alice Reed

Methode Electronics, Inc. (NYSE:MEI) Corporate Logo

On June, 28 WallStreet expected Methode Electronics, Inc. (NYSE:MEI)’s earnings report, RTT reports. Analysts forecast $0.74 EPS. That’s $0.05 up or 7.25 % from 2017’s earnings of $0.69. If the current EPS of $0.74 is accurate, MEI’s profit could hit $27.39 million. -14.94 % negative EPS growth is what analysts predict. $0.87 EPS was reported for previous quarter. MEI touched $41.5 during the last trading session after $2.75 change.Methode Electronics, Inc. is downtrending after having declined 0.37% since June 27, 2017. MEI has 553,531 volume or 133.91% up from normal. The stock underperformed the S&P 500 by 12.94%.

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

In total 2 analysts cover Methode Electronics (NYSE:MEI). “Buy” rating has 2, “Sell” are 0, while 0 are “Hold”. (NYSE:MEI) has 100% bullish analysts. With $51 highest and $4900 lowest PT, Methode Electronics has $50 average PT or 20.48% above the current ($41.5) price. 3 are the (NYSE:MEI)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, June 19 the stock has “Buy” rating by FBR Capital. On Friday, March 2 the stock of Methode Electronics, Inc. (NYSE:MEI) earned “Buy” rating by FBR Capital. On Friday, March 2 the firm has “Outperform” rating by Robert W. Baird given.

Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide.The company has $1.54 billion market cap. The firm operates through four divisions: Automotive, Interface, Power Products, and Other.27.3 is the 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.

More recent Methode Electronics, Inc. (NYSE:MEI) news were released by Businesswire.com, Globenewswire.com and Benzinga.com. The first one has “Methode Electronics, MaxLinear and LEA Networks Launch Reverse-Powered G.hn micro-DPU for FTTdp Applications” as a title and was released on June 20, 2018. The next is “Methode Electronics to Announce Fourth-quarter and Full-year Fiscal 2018 Results on Thursday, June 21, 2018” on June 11, 2018. And last was released on June 21, 2018, called “Earnings Scheduled For June 21, 2018”.

Methode Electronics, Inc. (NYSE:MEI) Institutional Investors Chart

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