Methode Electronics (NYSE:MEI – Get Free Report) released its quarterly earnings results on Wednesday. The electronics maker reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.19), Zacks reports. Methode Electronics had a negative net margin of 3.50% and a negative return on equity of 5.58%. The firm had revenue of $298.10 million for the quarter, compared to the consensus estimate of $238.46 million.
Methode Electronics Trading Up 38.7%
NYSE:MEI opened at $18.15 on Friday. Methode Electronics has a one year low of $4.88 and a one year high of $18.47. The business has a fifty day moving average price of $10.68 and a 200-day moving average price of $8.38. The firm has a market capitalization of $643.20 million, a price-to-earnings ratio of -17.97 and a beta of 1.59. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.41 and a quick ratio of 1.55.
Methode Electronics Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, July 17th. Methode Electronics’s dividend payout ratio is -19.80%.
Institutional Trading of Methode Electronics
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Methode Electronics in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Methode Electronics presently has a consensus rating of “Reduce” and an average price target of $8.50.
View Our Latest Stock Analysis on MEI
Key Stories Impacting Methode Electronics
Here are the key news stories impacting Methode Electronics this week:
- Positive Sentiment: Methode reported fiscal Q4 revenue of $298.1 million, well above Wall Street expectations, which helped offset concern over the earnings miss and fueled the stock’s move higher. Methode Electronics fiscal 2026 Q4 and full-year financial results
- Positive Sentiment: The company said transformation efforts are improving profitability and positioning MEI for continued growth in fiscal 2027, which investors appear to be treating as a turnaround signal. TipRanks earnings call summary
- Positive Sentiment: Management highlighted contract recoveries tied to EV delays, which unexpectedly boosted results and added to the upbeat reaction. Motley Fool article on MEI stock jump
- Neutral Sentiment: MEI still posted a quarterly loss of $0.30 per share, wider than analysts expected, so the recovery story is not yet matched by consistent earnings strength. MEI Q4 2026 earnings call transcript
- Negative Sentiment: The company’s short-term outlook may still face execution risk, especially if the turnaround or EV-related demand recovery takes longer than investors hope. MSN article on MEI after-hours move
Methode Electronics Company Profile
Methode Electronics, Inc is a Chicago-based global manufacturer of custom-engineered electronic and electromechanical components and assemblies. Founded in 1946, Methode specializes in providing solutions that integrate electrical connectors, sensors, switches, human-machine interface devices and power distribution modules. The company’s product portfolio addresses complex application requirements across a broad range of end markets, including automotive, industrial, energy, healthcare and data/telecommunications.
In its automotive segment, Methode develops advanced connector systems, circuit protection devices and thermal management solutions for internal combustion, hybrid and electric vehicles.
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