tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Methode Electronics Stockholders Approve Key Proposals

Story Highlights
  • Methode Electronics focuses on custom-engineered products for automotive and industrial markets.
  • Stockholders voted on directors, accounting firm, and executive compensation on September 17, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Methode Electronics Stockholders Approve Key Proposals

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Methode Electronics ( (MEI) ) has provided an announcement.

At the annual meeting of stockholders held on September 17, 2025, Methode Electronics, Inc. stockholders voted on several proposals. These included the election of seven directors, ratification of Ernst & Young LLP as the independent accounting firm for the fiscal year ending May 2, 2026, and an advisory vote on executive compensation. The results showed strong support for the directors and the accounting firm, while the executive compensation received mixed feedback.

The most recent analyst rating on (MEI) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Methode Electronics stock, see the MEI Stock Forecast page.

Spark’s Take on MEI Stock

According to Spark, TipRanks’ AI Analyst, MEI is a Neutral.

Methode Electronics’ overall stock score reflects a mix of financial challenges and positive operational improvements. The financial performance is weighed down by declining revenues and profitability, but strong cash flow and positive earnings call guidance provide optimism. Technical analysis indicates bullish momentum, while valuation concerns persist due to negative earnings.

To see Spark’s full report on MEI stock, click here.

More about Methode Electronics

Methode Electronics, Inc. operates in the electronics industry, focusing on the development of custom-engineered and application-specific products and solutions. The company primarily serves the automotive, appliance, and industrial equipment markets.

Average Trading Volume: 478,405

Technical Sentiment Signal: Sell

Current Market Cap: $284.9M

Find detailed analytics on MEI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1