Barrington Research Forecasts MEI Q1 Earnings

Methode Electronics, Inc. (NYSE:MEI - Free Report) - Equities research analysts at Barrington Research issued their Q1 2026 earnings per share (EPS) estimates for Methode Electronics in a research note issued on Monday, July 14th. Barrington Research analyst G. Prestopino expects that the electronics maker will earn ($0.40) per share for the quarter. The consensus estimate for Methode Electronics' current full-year earnings is ($0.40) per share. Barrington Research also issued estimates for Methode Electronics' Q2 2026 earnings at ($0.15) EPS, Q3 2026 earnings at ($0.32) EPS, Q4 2026 earnings at $0.04 EPS and FY2026 earnings at ($0.83) EPS.

Separately, Robert W. Baird reduced their price objective on Methode Electronics from $9.00 to $7.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th.

Methode Electronics Stock Performance

Shares of NYSE MEI traded down $0.13 during trading on Wednesday, reaching $6.62. 439,636 shares of the company traded hands, compared to its average volume of 402,488. The company has a current ratio of 2.40, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. Methode Electronics has a 12-month low of $5.08 and a 12-month high of $17.45. The firm's fifty day simple moving average is $8.38 and its 200 day simple moving average is $8.58. The stock has a market cap of $236.27 million, a P/E ratio of -3.72 and a beta of 1.01.

Methode Electronics (NYSE:MEI - Get Free Report) last posted its quarterly earnings data on Wednesday, July 9th. The electronics maker reported ($0.77) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.80). The business had revenue of $257,100 billion during the quarter, compared to analyst estimates of $228.75 million. Methode Electronics had a negative return on equity of 5.60% and a negative net margin of 5.97%. During the same period in the previous year, the business earned ($0.23) EPS.

Methode Electronics Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Monday, July 21st will be paid a $0.07 dividend. The ex-dividend date of this dividend is Monday, July 21st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.23%. Methode Electronics's dividend payout ratio (DPR) is presently -15.73%.

Institutional Investors Weigh In On Methode Electronics

Several institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in shares of Methode Electronics by 15.3% during the 4th quarter. Bank of New York Mellon Corp now owns 312,251 shares of the electronics maker's stock worth $3,681,000 after purchasing an additional 41,387 shares during the last quarter. AlphaQuest LLC raised its position in shares of Methode Electronics by 196.8% during the 4th quarter. AlphaQuest LLC now owns 4,509 shares of the electronics maker's stock worth $53,000 after purchasing an additional 2,990 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Methode Electronics by 51.3% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 56,212 shares of the electronics maker's stock worth $663,000 after purchasing an additional 19,051 shares during the last quarter. Semanteon Capital Management LP acquired a new position in shares of Methode Electronics during the 4th quarter worth approximately $439,000. Finally, American Century Companies Inc. raised its position in shares of Methode Electronics by 31.4% during the 4th quarter. American Century Companies Inc. now owns 537,108 shares of the electronics maker's stock worth $6,333,000 after purchasing an additional 128,255 shares during the last quarter. Hedge funds and other institutional investors own 95.49% of the company's stock.

About Methode Electronics

Methode Electronics, Inc designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers.