Methode Electronics Stock Target Price and Analyst Consensus

MEI Stock  USD 11.78  0.57  5.08%   
The current analyst and expert consensus on Methode Electronics is Hold, with 0 strong buy opinions. The current projected Methode Electronics target price consensus is 39.0 with 3 analyst opinions. The most common way Methode Electronics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Methode Electronics executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Methode Electronics. We encourage you to use your own analysis of Methode Electronics to validate this buy or sell advice. Methode Electronics buy-or-sell recommendation module provides average expert sentiment on the projected Methode Electronics target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Methode Electronics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.
Lowest Forecast
35.49
Highest Forecast
43.29
Target Price
39
As of now, Methode Electronics' Gross Profit is increasing as compared to previous years. The Methode Electronics' current Gross Profit Margin is estimated to increase to 0.28, while Pretax Profit Margin is projected to decrease to 0.1. As of now, Methode Electronics' Total Current Liabilities is increasing as compared to previous years. The Methode Electronics' current Total Stockholder Equity is estimated to increase to about 1.1 B, while Common Stock Shares Outstanding is projected to decrease to under 39.5 M.
  
It's important to approach Methode Electronics' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Methode Electronics Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Methode target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Methode Electronics' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   3  Hold
Most Methode analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Methode stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Methode Electronics, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Methode Electronics Target Price Projection

Methode Electronics' current and average target prices are 11.78 and 39.00, respectively. The current price of Methode Electronics is the price at which Methode Electronics is currently trading. On the other hand, Methode Electronics' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Methode Electronics Market Quote on 28th of March 2024

Low Price11.31Odds
High Price11.81Odds

11.78

Target Price

Analyst Consensus On Methode Electronics Target Price

Low Estimate35.49Odds
High Estimate43.29Odds

39.0

Historical Lowest Forecast  35.49 Target Price  39.0 Highest Forecast  43.29
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Methode Electronics and the information provided on this page.

Methode Electronics Analyst Ratings

Methode Electronics' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Methode Electronics stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Methode Electronics' financials, market performance, and future outlook by experienced professionals. Methode Electronics' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Methode Electronics price targets

Methode Electronics' stock target price is an estimate of its future price, usually made by analysts. Using Methode Electronics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Methode Electronics' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Methode Electronics' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Methode Electronics Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Methode Electronics is a key component of Methode Electronics valuation and have some predictive power on the future returns of a Methode Electronics.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Methode Electronics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
6.6511.3215.99
Details
Intrinsic
Valuation
LowRealHigh
10.6018.1122.78
Details
Naive
Forecast
LowNextHigh
8.8513.5318.20
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.670.710.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Methode Electronics. Your research has to be compared to or analyzed against Methode Electronics' peers to derive any actionable benefits. When done correctly, Methode Electronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Methode Electronics.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested a lot of shares
Impulse Idea
Impulse
Invested over 100 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
ESG Investing Idea
ESG Investing
Invested few shares
When determining whether Methode Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methode Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methode Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methode Electronics Stock:
Check out Macroaxis Advice on Methode Electronics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.
Note that the Methode Electronics information on this page should be used as a complementary analysis to other Methode Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Methode Electronics' price analysis, check to measure Methode Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Methode Electronics is operating at the current time. Most of Methode Electronics' value examination focuses on studying past and present price action to predict the probability of Methode Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methode Electronics' price. Additionally, you may evaluate how the addition of Methode Electronics to your portfolios can decrease your overall portfolio volatility.
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The data published in Methode Electronics' official financial statements usually reflect Methode Electronics' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Methode Electronics. For example, before you start analyzing numbers published by Methode accountants, it's critical to develop an understanding of what Methode Electronics' liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Methode Electronics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Methode Electronics' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Methode Electronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Methode Electronics. Please utilize our Beneish M Score to check the likelihood of Methode Electronics' management manipulating its earnings.