15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering Methode Electronics Inc, 1 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $16.00 to $25.00, a moderate spread. The average target of $19.33 sits 30% above the current $14.82. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 0 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.09 next quarter toward $0.66 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Moderate Buy
Strong Buy00%
Buy133%
Hold267%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to Methode Electronics Inc.
As of Jul, 1 of 3 firms rate MEI a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MEI EPS & revenue forecast
EPS · NEXT QUARTER
$-0.09
Range $-0.15 – $-0.02 · 2 analysts · -55% YoY
Next period, 2 analysts expect Methode Electronics Inc to earn $-0.09 a share (range $-0.15 – $-0.02), versus $-0.19 a year earlier. Full-year consensus is $-0.21, growing to $0.66 the year after.
REVENUE · NEXT QUARTER
$249.4M
Range $242.0M – $253.7M · 2 analysts · +1% YoY
Revenue is expected to reach $249.4M (range $242.0M – $253.7M), +1.0% year-over-year. Full-year consensus is $1.0B, rising to $1.1B next year.
Top analysts covering Methode Electronics Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MEI.
#1
Gary Prestopino
Barrington Research · Rank #274
Buy
$25.00+68.7% to target
Overall win rate
31%
+ Follow
#2
LJ
Luke Junk
Baird
Hold
$16.00+8.0% to target
Coverage
—
+ Follow
#3
JF
John Franzreb
Sidoti & Co.
Hold
$17.00+14.7% to target
Coverage
—
+ Follow
MEI stock forecast FAQ
What is MEI's average 12-month price target?+
The 3 analysts with a live target average $19.33 for Methode Electronics Inc over the next 12 months, ranging from a $25.00 high to a $16.00 low.
Is MEI stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 3 analyst ratings, 1 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for MEI?+
The Street-high target is $25.00 (Barrington Research), and the Street-low is $16.00 (Baird). The average of all 3 active targets is $19.33.
How many Wall Street analysts cover MEI?+
3 analysts have an active rating on Methode Electronics Inc, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering MEI?+
Among analysts who currently cover MEI, Gary Prestopino of Barrington Research has the strongest overall Quantellect track record (Rank #274). Their current call is Buy with a $25.00 target.
What is Methode Electronics Inc's projected EPS for next quarter?+
The consensus estimate is $-0.09 per share (range $-0.15 – $-0.02) across 2 analysts. Full-year EPS is projected at $-0.21, rising to $0.66 the following year.
How much revenue is Methode Electronics Inc expected to report next quarter?+
Consensus revenue is $249.4M (range $242.0M – $253.7M). Full-year revenue is projected at $1.0B, growing to $1.1B next year.
Have analysts been upgrading or downgrading MEI lately?+
As of Jul, 1 of 3 firms rate MEI a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MEI calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
