Methode Electronics (NYSE:MEI) Stock Crosses Above 200-Day Moving Average – Here’s Why

17 Oct 2026, 17:21 by Amy Steele · The Cerbat Gem

Methode Electronics, Inc. (NYSE:MEI – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $13.03 and traded as high as $14.55. Methode Electronics shares last traded at $14.3590, with a volume of 759,661 shares traded.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on MEI shares. Weiss Ratings restated a “sell (d-)” rating on shares of Methode Electronics in a research report on Thursday. Craig Hallum assumed coverage on shares of Methode Electronics in a research report on Tuesday, August 25th. They set a “buy” rating and a $30.00 price target for the company. Barrington Research raised Methode Electronics from a “market perform” rating to an “outperform” rating and set a $25.00 price objective for the company in a research note on Monday, June 29th. Sidoti reaffirmed a “neutral” rating and set a $17.00 target price on shares of Methode Electronics in a research note on Friday, June 26th. Finally, Zacks Research upgraded Methode Electronics from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $22.00.

Read Our Latest Analysis on MEI

Methode Electronics Trading Down 6.9%

The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.65 and a current ratio of 2.41. The stock has a market capitalization of $474.72 million, a price-to-earnings ratio of -12.80 and a beta of 1.57. The business has a 50-day moving average of $15.22 and a 200-day moving average of $13.03.

Methode Electronics (NYSE:MEI – Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The electronics maker reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.27) by $0.05. Methode Electronics had a negative net margin of 3.52% and a negative return on equity of 5.63%. The firm had revenue of $265.40 million during the quarter, compared to the consensus estimate of $238.31 million. As a group, research analysts forecast that Methode Electronics, Inc. will post -0.81 EPS for the current year.

Methode Electronics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, October 16th. Methode Electronics’s dividend payout ratio is -19.23%.

Institutional Investors Weigh In On Methode Electronics

A number of hedge funds have recently added to or reduced their stakes in MEI. State of Alaska Department of Revenue acquired a new stake in shares of Methode Electronics in the 3rd quarter valued at approximately $29,000. Integrated Wealth Concepts LLC purchased a new position in shares of Methode Electronics during the 2nd quarter worth approximately $64,000. Allworth Financial LP increased its position in Methode Electronics by 123.6% during the second quarter. Allworth Financial LP now owns 2,115 shares of the electronics maker’s stock worth $40,000 after buying an additional 1,169 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Methode Electronics during the 2nd quarter worth about $549,000. Finally, Wellington Management Group LLP purchased a new stake in shares of Methode Electronics during the second quarter worth about $1,658,000. Institutional investors and hedge funds own 95.49% of the company’s stock.

About Methode Electronics

(Get Free Report)

Methode Electronics, Inc is a global designer and manufacturer of custom-engineered electrical and electronic products. The company develops solutions that connect, control, sense and illuminate systems for original equipment manufacturers and other industrial customers.