Methode Electronics
MEI

$9.74

5.8%

Market Cap: $343M

About: Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized into various business segments: Automotive, Industrial, Interface, and Medical. The Automotive segment which generates maximum revenue, supplies electronic and electro-mechanical devices and related products to automobiles. The products manufactured in the automotive segment include overhead and center consoles, hidden and ergonomic switches, insert molded components, LED-based lighting, and sensors. Geographically, the company generates maximum revenue from North America and the rest from Europe, the Middle East & Africa (EMEA), and Asia.

Employees: 7,500

Information Technology Electronic Connectors

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 58

9% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 44

2% less funds holding

Funds holding: 169 [Q1] → 165 (-4) [Q2]

2.62% less ownership

Funds ownership: 98.94% [Q1] → 96.32% (-2.62%) [Q2]

18% less capital invested

Capital invested by funds: $429M [Q1] → $353M (-$75.8M) [Q2]

58% less call options, than puts

Call options by funds: $620K | Put options by funds: $1.49M

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$13

33%

upside

Avg. target

$13

33%

upside

High target

$13

33%

upside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

Baird

Luke Junk

45% 1-year accuracy

5 / 11 met price target

33%upside

$13

Neutral

Maintained

6 Sept 2024

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Financial journalist opinion

Based on 165 articles about MEI published over the past 30 days

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Methode Electronics, Inc. - MEI

NEW YORK, NY / ACCESSWIRE / September 7, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Methode Electronics, Inc.. ("Methode" or the "Company") (NYSE:MEI).

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Methode Electronics, Inc. - MEI

Investors Are Urged To Assist The Schall Law Firm In A Case Against Methode Electronics Inc For Possibly Committing Securities Fraud

LOS ANGELES, CA / ACCESSWIRE / September 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Methode Electronics, Inc. ("Methode" or "the Company") (NYSE:MEI) violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between June 23, 2022 and March 6, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before October 25, 2024.

Investors Are Urged To Assist The Schall Law Firm In A Case Against Methode Electronics Inc For Possibly Committing Securities Fraud

Class Action Announcement for Methode Electronics, Inc. Investors: A Securities Fraud Class Action Lawsuit Was Filed Against Methode Electronics, Inc. - Contact Kessler Topaz Meltzer & Check, LLP

RADNOR, PA / ACCESSWIRE / September 7, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP(www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Illinois against Methode Electronics, Inc. ("Methode") (NYSE:MEI) on behalf of investors who purchased or otherwise acquired Methode common stock between June 23, 2022 and March 6, 2024, inclusive (the "Class Period") The lead plaintiff deadline is October 25, 2024. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Methode losses, you may CLICK HERE or go to: https://www.ktmc.com/new-cases/methode-electronics-inc?utm_campaign=mei&mktm=r?utm_source=PR&utm_medium=link&utm_campaign=mei&mktm=r Please CLICK HERE to view our video or copy and paste this link into your browser: https://youtu.be/Reeq03UZl0Q You can also contact attorney Jonathan Naji, Esq.

Class Action Announcement for Methode Electronics, Inc. Investors: A Securities Fraud Class Action Lawsuit Was Filed Against Methode Electronics, Inc. - Contact Kessler Topaz Meltzer & Check, LLP

METHODE ELECTRONICS SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Methode Electronics, Inc. - MEI

NEW ORLEANS , Sept. 6, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 25, 2024 to file lead plaintiff applications in a securities class action lawsuit against Methode Electronics, Inc. (NYSE: MEI), if they purchased the Company's shares between June 23, 2022 and March 6, 2024, inclusive (the "Class Period").

METHODE ELECTRONICS SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Methode Electronics, Inc. - MEI

MEI Investors Have Opportunity to Lead Methode Electronics, Inc. Securities Fraud Lawsuit

LOS ANGELES , Sept. 6, 2024 /PRNewswire/ -- The Law Offices of Frank R.

MEI Investors Have Opportunity to Lead Methode Electronics, Inc. Securities Fraud Lawsuit

Lost Money on Methode Electronics, Inc.(MEI)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / September 6, 2024 / If you suffered a loss on your Methode Electronics, Inc. (NYSE:MEI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/methode-electronics-inc-lawsuit-submission-form?prid=100874&wire=1 or contact Joseph E. Levi, Esq.

Lost Money on Methode Electronics, Inc.(MEI)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky

MEI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Methode Electronics, Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

NEW YORK , Sept. 6, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Methode Electronics, Inc. ("Methode Electronics" or "the Company") (NYSE: MEI) and certain of its officers.

MEI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Methode Electronics, Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Investors who lost money on Methode Electronics, Inc. (MEI) should contact Levi & Korsinsky about pending Class Action - MEI

NEW YORK, NY / ACCESSWIRE / September 6, 2024 / If you suffered a loss on your Methode Electronics, Inc. (NYSE:MEI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/methode-electronics-inc-lawsuit-submission-form?prid=100858&wire=1 or contact Joseph E. Levi, Esq.

Investors who lost money on Methode Electronics, Inc. (MEI) should contact Levi & Korsinsky about pending Class Action - MEI

Lowey Dannenberg Notifies Methode Electronics, Inc. (“Methode Electronics” or the “Company”) (NYSE: MEI) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm

NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Methode Electronics, Inc. (“Methode Electronics” or the “Company”) (NYSE: MEI) for violations of the federal securities laws on behalf of investors who purchased or acquired Methode Electronics common stock between June 23, 2022 and March 6, 2024, inclusive (the “Class Period”).

Lowey Dannenberg Notifies Methode Electronics, Inc. (“Methode Electronics” or the “Company”) (NYSE: MEI) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm

Contact Levi & Korsinsky by October 25, 2024 Deadline to Join Class Action Against Methode Electronics, Inc. (MEI)

NEW YORK, NY / ACCESSWIRE / September 6, 2024 / If you suffered a loss on your Methode Electronics, Inc. (NYSE:MEI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/methode-electronics-inc-lawsuit-submission-form?prid=100794&wire=1 or contact Joseph E. Levi, Esq.

Contact Levi & Korsinsky by October 25, 2024 Deadline to Join Class Action Against Methode Electronics, Inc. (MEI)

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