Methode Electronics, Inc. (MEI) Set to Announce Quarterly Earnings on Thursday

Zacks Investment Research lowered shares of Methode Electronics from a "buy" rating to a "hold" rating in a research note on Tuesday, May 9th. Methode Electronics, Inc. has a 52-week low of 28.16 and a 52-week high of 46.40. FBR Capital maintained the shares of MEI in report on Friday, December 9 with "Outperform" rating. (NYSE:MEI) stock price level can be now recognized as a major support and therefore the stock is an overall uptrend, as a stock's price remains above the 200 SMA on the daily time frame. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 16.06 and a beta of 0.83. FBR Capital maintained the shares of MEI in report on Friday, March 3 with "Outperform" rating. Virginia Retirement Systems ET AL now owns 48,000 shares of the electronics maker's stock worth $2,189,000 after buying an additional 33,200 shares in the last quarter. BlackRock Inc. raised its stake in Methode Electronics by 117,664.2% in the first quarter.

Methode Electronics (NYSE:MEI) last announced its earnings results on Thursday, June 22nd. This SMA data will help a long-term trader to figure out that Camber Energy Inc (NYSEMKT:CEI) stock price level can be now recognized as a major resistance and therefore the stock is an overall downtrend, as a stock's price remains below the 200 SMA on the daily time frame. Many brokers and investors view the 52-week high or low as an important factor in determining a stock's current value and forecasting future price movement. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Methode Electronics, Inc. with MarketBeat.com's FREE daily email newsletter. The electronics maker reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.05.

Baird reiterated their outperform rating on shares of Methode Electronics, Inc. Dimensional Fund Advisors LP now owns 2,049,446 shares of the electronics maker's stock valued at $84,745,000 after buying an additional 56,150 shares during the period. State Street Corp boosted its stake in Methode Electronics by 9.4% in the fourth quarter. A total of 1.08 million shares exchanged at hands and its average trading volume is standing at 0.24 million shares.

Methode shares have dropped 6.5 percent since the beginning of the year. Craig Hallum downgraded Methode Electronics Inc. During the same period in the prior year, the company posted $0.60 earnings per share.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 28th. If you are accessing this story on another site, it was stolen and reposted in violation of worldwide copyright & trademark legislation. Comerica Bank boosted its stake in Methode Electronics by 5.7% in the fourth quarter. Craig Hallum has "Hold" rating and $37 target. This represents a $0.36 annualized dividend and a dividend yield of 0.90%. Announces CFO Transition" with publication date: "July 21, 2016. Methode Electronics's dividend payout ratio (DPR) is presently 14.63%.

We design, manufacture and market devices employing electrical, electronic, wireless, safety radio remote control, sensing and optical technologies to control and convey signals through sensors, interconnections and controls. The Firm operates through divisions, including Automotive, Interface, Power Products and Other.