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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/9/2024 | $12.00 | Hold | Jefferies |
| 3/7/2024 | $17.00 | Buy → Neutral | Sidoti |
| 11/22/2022 | $52.00 | Buy | Jefferies |
| 1/20/2022 | Mkt Perform | Barrington Research |
CHICAGO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.14 per share to be paid on November 1, 2024, to common stockholders of record at the close of business on October 18, 2024. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE:MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic produc
CHICAGO, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced it will release its first quarter fiscal 2025 results for the period ended July 27, 2024, on Thursday, September 5, 2024, before the market opens. Following the release, the company will conduct a conference call and webcast to review financial and operational highlights led by its Chief Executive Officer, Jon DeGaynor, and Interim Chief Financial Officer, David Rawden, at 10:00 a.m. CDT. To participate in the conference call, please dial 888-506-0062 (domestic) or 9
Positive Fourth Quarter Free Cash FlowNet Debt at Lowest Level of the Fiscal Year Over $140 Million in Program Awards in Fourth QuarterFiscal 2025 Actions Expected to Reposition Company for Growth in Fiscal 2026 Jon DeGaynor Appointed President, CEO and a Member of the Board of Directors CHICAGO, July 11, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applications, today announced financial results for the fourth quarter and full year ended April 27, 2024. Fiscal Fourth Quarter 2024 Highlights Net sales were $277.3 millionElectric and hybrid vehicle applicatio
4 - METHODE ELECTRONICS INC (0000065270) (Issuer)
4 - METHODE ELECTRONICS INC (0000065270) (Issuer)
4 - METHODE ELECTRONICS INC (0000065270) (Issuer)
4 - METHODE ELECTRONICS INC (0000065270) (Issuer)
4 - METHODE ELECTRONICS INC (0000065270) (Issuer)
4 - METHODE ELECTRONICS INC (0000065270) (Issuer)
CHICAGO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that as part of a planned transition resulting from the retirement of the former Chairman of the Board, Walter Aspatore, the company's Board of Directors has appointed Mark Schwabero as the new chairman of the board. Mr. Schwabero was previously appointed Methode's Vice Chairman of the Board in May 2024 and has been a director at the company since 2019. He was formerly Chairman, Chief Executive Officer and Director of Brunswick Corporation, a recreational mar
CHICAGO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.14 per share to be paid on November 1, 2024, to common stockholders of record at the close of business on October 18, 2024. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE:MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic produc
CHICAGO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting, and power distribution applications, will present at the Sidoti Small Cap Conference on Wednesday, September 18th at 2:30 p.m. EDT. A simultaneous webcast can be accessed on the company's website, www.methode.com, by selecting the Investors page. The webcast will also be archived on the same Investors page. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE:MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle E
8-K - METHODE ELECTRONICS INC (0000065270) (Filer)
10-Q - METHODE ELECTRONICS INC (0000065270) (Filer)
8-K - METHODE ELECTRONICS INC (0000065270) (Filer)
SC 13G/A - METHODE ELECTRONICS INC (0000065270) (Subject)
SC 13G/A - METHODE ELECTRONICS INC (0000065270) (Subject)
SC 13G/A - METHODE ELECTRONICS INC (0000065270) (Subject)
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector. Xerox Holdings Corporation (NASDAQ:XRX) Dividend Yield: 8.41% Citigroup anal
The Russell 2000 index of small caps, tracked by the iShares Russell 2000 ETF (NYSE:IWM), recorded its best weekly performance since October 2023, surging over 6% and reaching its highest level since January 2022. The rally was largely driven by Thursday’s session, where the Russell 2000 posted a remarkable 3.6% daily gain. This spike followed lower-than-expected June inflation data, which fueled speculation of potential interest rate cuts. However, Quincy Krosby, chief global strategist for LPL Financial, advises caution, suggesting that Russell 2000’s rate cut message may be “clouded by Fed’s concerns over labor market.” Krosby thinks a weaker labor market would still hurt the eco
U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite dipping 2% on Thursday. The Dow traded up 0.07% to 39,748.00 while the NASDAQ fell 2% to 18,274.88 . The S&P 500 also fell, dropping, 0.94% to 5,581.00. Check This Out: Top 4 Real Estate Stocks That Could Lead To Your Biggest Gains In Q3 Leading and Lagging SectorsReal estate shares jumped by 2.4% on Thursday. In trading on Thursday, information technology shares fell by 2.7%. Top Headline Delta Air Lines, Inc. (NYSE:DAL) posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook. Delta Air Lines reported quarterly earnings of $2.36 per share w
Jefferies initiated coverage of Methode Electronics with a rating of Hold and set a new price target of $12.00
Sidoti downgraded Methode Electronics from Buy to Neutral and set a new price target of $17.00
Jefferies initiated coverage of Methode Electronics with a rating of Buy and set a new price target of $52.00
CHICAGO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that Laura Kowalchik has been appointed Chief Financial Officer (CFO), effective October 1, 2024. Ms. Kowalchik succeeds David Rawden, a director at AlixPartners LLP, who has served as interim CFO since July 12, 2024. Ms. Kowalchik, currently the CFO of Communication & Power Industries (CPI), is a seasoned financial executive with more than 25 years of experience in strategic, management, and financial roles at public and private companies in the automotive and
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
Kevin Nystrom Appointed Interim Chief Executive Officer Mark Schwabero Appointed Vice Chairman of the Board CHICAGO, May 06, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that Kevin Nystrom, a partner and managing director at AlixPartners LLP, has been appointed interim CEO, effective immediately. The company has previously disclosed its ongoing engagement with AlixPartners for various consulting services, including cost reduction and financial advisory. Mr. Nystrom succeeds Avi Avula, who resigned from his position as Pre