In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Methode Electronics, Inc’s stock clocked out at $6.40, down -2.44% from its previous closing price of $6.56. In other words, the price has decreased by -$2.44 from its previous closing price. On the day, 0.58 million shares were traded. MEI stock price reached its highest trading level at $6.6 during the session, while it also had its lowest trading level at $6.34.
Ratios:
To gain a deeper understanding of MEI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 2.84. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.49.
On April 09, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $12.
Sidoti Downgraded its Buy to Neutral on March 07, 2024, while the target price for the stock was maintained at $17.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 14 ’25 when Ullrich Lars bought 15,150 shares for $6.69 per share. The transaction valued at 101,390 led to the insider holds 15,150 shares of the business.
DeGaynor Jonathan B bought 32,733 shares of MEI for $211,357 on Mar 11 ’25. The CEO and President now owns 32,733 shares after completing the transaction at $6.46 per share. On Sep 23 ’24, another insider, LINDSEY MARY A, who serves as the Director of the company, bought 8,800 shares for $11.38 each. As a result, the insider paid 100,108 and bolstered with 25,970 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MEI now has a Market Capitalization of 234131200 and an Enterprise Value of 484520800. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at 0.454 whereas that against EBITDA is 9.557.
Stock Price History:
The Beta on a monthly basis for MEI is 0.90, which has changed by -0.47669667 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, MEI has reached a high of $17.45, while it has fallen to a 52-week low of $5.84. The 50-Day Moving Average of the stock is -38.40%, while the 200-Day Moving Average is calculated to be -40.77%.
Shares Statistics:
It appears that MEI traded 422.46K shares on average per day over the past three months and 914110 shares per day over the past ten days. A total of 35.66M shares are outstanding, with a floating share count of 33.12M. Insiders hold about 7.19% of the company’s shares, while institutions hold 93.88% stake in the company. Shares short for MEI as of 1740700800 were 1817241 with a Short Ratio of 4.30, compared to 1738281600 on 1653364. Therefore, it implies a Short% of Shares Outstanding of 1817241 and a Short% of Float of 7.16.
Dividends & Splits
With its trailing 12-month dividend rate of 0.56, MEI has a forward annual dividend rate of 0.56. Against a Trailing Annual Dividend Yield of 0.085365854The stock’s 5-year Average Dividend Yield is 2.16.
