Methode Electronics, Inc (MEI) Shares Soar Above 1-Year High

The stock price of Methode Electronics, Inc (NYSE: MEI) has surged by 0.89 when compared to previous closing price of 5.64, but the company has seen a -0.70% decline in its stock price over the last five trading sessions. accessnewswire.com reported 2025-04-17 that NEW YORK CITY, NY / ACCESS Newswire / April 17, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Methode Electronics, Inc. (“Methode Electronics” or “the Company”) (NYSE:MEI). Investors who purchased Methode Electronics securities prior to December 2, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/MEI.

Is It Worth Investing in Methode Electronics, Inc (NYSE: MEI) Right Now?

Company’s 36-month beta value is 0.91.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for MEI is 33.07M, and currently, short sellers hold a 6.07% ratio of that floaft. The average trading volume of MEI on April 18, 2025 was 425.41K shares.

MEI’s Market Performance

The stock of Methode Electronics, Inc (MEI) has seen a -0.70% decrease in the past week, with a -16.45% drop in the past month, and a -53.59% fall in the past quarter. The volatility ratio for the week is 5.64%, and the volatility levels for the past 30 days are at 7.26% for MEI. The simple moving average for the past 20 days is -7.23% for MEI’s stock, with a -44.98% simple moving average for the past 200 days.

Analysts’ Opinion of MEI

Jefferies, on the other hand, stated in their research note that they expect to see MEI reach a price target of $12. The rating they have provided for MEI stocks is “Hold” according to the report published on April 09th, 2024.

Sidoti gave a rating of “Neutral” to MEI, setting the target price at $17 in the report published on March 07th of the previous year.

MEI Trading at -27.79% from the 50-Day Moving Average

After a stumble in the market that brought MEI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.39% of loss for the given period.

Volatility was left at 7.26%, however, over the last 30 days, the volatility rate increased by 5.64%, as shares sank -15.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -48.46% lower at present.

During the last 5 trading sessions, MEI fell by -0.70%, which changed the moving average for the period of 200-days by -43.27% in comparison to the 20-day moving average, which settled at $6.13. In addition, Methode Electronics, Inc saw -51.74% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at MEI starting from Ullrich Lars, who purchase 15,150 shares at the price of $6.69 back on Mar 14 ’25. After this action, Ullrich Lars now owns 15,150 shares of Methode Electronics, Inc, valued at $101,390 using the latest closing price.

DeGaynor Jonathan B, the CEO and President of Methode Electronics, Inc, purchase 32,733 shares at $6.46 during a trade that took place back on Mar 11 ’25, which means that DeGaynor Jonathan B is holding 32,733 shares at $211,357 based on the most recent closing price.

Stock Fundamentals for MEI

Current profitability levels for the company are sitting at:

  • -0.01 for the present operating margin
  • 0.16 for the gross margin

The net margin for Methode Electronics, Inc stands at -0.09. The total capital return value is set at -0.01. Equity return is now at value -11.90, with -6.55 for asset returns.

Based on Methode Electronics, Inc (MEI), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.5. The interest coverage ratio of the stock is -0.4.

Currently, EBITDA for the company is -52.8 million with net debt to EBITDA at -13.52. When we switch over and look at the enterprise to sales, we see a ratio of 0.43. The receivables turnover for the company is 4.86for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.84.

Conclusion

In a nutshell, Methode Electronics, Inc (MEI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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