Methode Electronics (MEI) Expected to Release Earnings on Wednesday

Methode Electronics (NYSE:MEI) is projected to announce its Q1 2027 results after the market closes on Wednesday, September 2nd. Analysts expect the company to post earnings of ($0.27) per share and revenue of $237.9850 million for the quarter. Individuals may review the information on the company’s upcoming Q1 2027 earning summary page for the latest details on the call scheduled for Thursday, September 3, 2026 at 8:00 AM ET.

Methode Electronics (NYSE:MEI) last released its earnings results on Wednesday, June 24th. The electronics maker reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.19). The business had revenue of $298.10 million for the quarter, compared to the consensus estimate of $238.46 million. Methode Electronics had a negative net margin of 3.50% and a negative return on equity of 5.59%. On average, analysts expect Methode Electronics to post $-1 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

Methode Electronics Stock Performance

MEI stock opened at $18.24 on Tuesday. The company has a 50-day simple moving average of $16.01 and a 200 day simple moving average of $11.27. The company has a market capitalization of $646.97 million, a P/E ratio of -18.06 and a beta of 1.50. The company has a quick ratio of 1.66, a current ratio of 2.37 and a debt-to-equity ratio of 0.48. Methode Electronics has a fifty-two week low of $4.88 and a fifty-two week high of $20.38.

Methode Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 17th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, July 17th. This represents a $0.20 annualized dividend and a yield of 1.1%. Methode Electronics’s dividend payout ratio (DPR) is currently -19.80%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on MEI shares. Wall Street Zen downgraded shares of Methode Electronics from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Barrington Research raised shares of Methode Electronics from a “market perform” rating to an “outperform” rating and set a $25.00 price objective on the stock in a research note on Monday, June 29th. Zacks Research raised Methode Electronics from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Robert W. Baird lifted their target price on Methode Electronics from $8.50 to $16.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Finally, Sidoti reiterated a “neutral” rating and issued a $17.00 price target on shares of Methode Electronics in a research report on Friday, June 26th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Methode Electronics presently has an average rating of “Hold” and a consensus target price of $22.00.

Hedge Funds Weigh In On Methode Electronics

Large investors have recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV raised its stake in shares of Methode Electronics by 21.0% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 21,781 shares of the electronics maker’s stock valued at $145,000 after acquiring an additional 3,778 shares during the last quarter. Mackenzie Financial Corp lifted its position in shares of Methode Electronics by 1,841.5% during the fourth quarter. Mackenzie Financial Corp now owns 265,157 shares of the electronics maker’s stock worth $1,768,000 after purchasing an additional 251,500 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Methode Electronics by 6.5% in the fourth quarter. Empowered Funds LLC now owns 418,122 shares of the electronics maker’s stock valued at $2,776,000 after purchasing an additional 25,684 shares in the last quarter. Tudor Investment Corp ET AL increased its holdings in shares of Methode Electronics by 30.6% in the fourth quarter. Tudor Investment Corp ET AL now owns 212,625 shares of the electronics maker’s stock valued at $1,412,000 after purchasing an additional 49,859 shares in the last quarter. Finally, Numerai GP LLC lifted its holdings in Methode Electronics by 283.7% during the 4th quarter. Numerai GP LLC now owns 105,157 shares of the electronics maker’s stock worth $698,000 after buying an additional 77,754 shares in the last quarter. 95.49% of the stock is currently owned by institutional investors and hedge funds.

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.