Your email has been successfully added to our mailing list.

×
0 0 0.000811688311688294 -0.00324675324675318 0.00811688311688309 -0.012987012987013 0 0.0551948051948052
Stock impact report

Why Methode Electronics (MEI) Stock Is Trading Lower Today [Yahoo! Finance]

Methode Electronics, Inc. (MEI) 
Last methode electronics, inc. earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
the company reported weak fourth-quarter results, missed earnings estimates, and issued a disappointing full-year profitability forecast. For the quarter, Methode's net sales fell 2.6% year-over-year to $233.7 million. While this figure beat Wall Street's expectations, the company's profitability painted a bleaker picture. The adjusted loss per share was $0.37, missing analyst estimates of a $0.20 loss. Furthermore, adjusted EBITDA, a key measure of profitability, came in nearly 49% below consensus. Looking ahead, while Methode raised its full-year revenue guidance, its forecast for adjusted EBITDA was well below analyst projections. The stock's sharp decline was driven by the poor quarterly performance and the weaker financial outlook, which overshadowed the revenue beat. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Methode Electronics? Access our full analysis report here, it's free W Show less Read more
Impact Snapshot
Event Time:
MEI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MEI alerts
Opt-in for
MEI alerts

from News Quantified
Opt-in for
MEI alerts

from News Quantified