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Analysts Have Been Trimming Their Methode Electronics, Inc. (NYSE:MEI) Price Target After Its Latest Report

Analysts Have Been Trimming Their Methode Electronics, Inc. (NYSE:MEI) Price Target After Its Latest Report

紐交所公司Methode Electronics, Inc. (NYSE:MEI)在最新的報告後,分析師們紛紛削減了其股價目標
Simply Wall St ·  09/08 09:52

The analysts might have been a bit too bullish on Methode Electronics, Inc. (NYSE:MEI), given that the company fell short of expectations when it released its first-quarter results last week. Revenues missed expectations somewhat, coming in at US$259m, but statutory earnings fell catastrophically short, with a loss of US$0.52 some 68% larger than what the analysts had predicted. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

分析師可能對Methode Electronics, Inc.(紐約證券交易所代碼:MEI)過於看漲,因爲該公司在上週發佈第一季度業績時未達到預期。收入略低於預期,爲2.59億美元,但法定收益嚴重不足,虧損0.52美元,比分析師的預測高出約68%。對於投資者來說,盈利是一個重要時刻,因爲他們可以追蹤公司的業績,查看分析師對明年的預測,看看對公司的情緒是否發生了變化。考慮到這一點,我們收集了最新的法定預測,以了解分析師對明年的預期。

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NYSE:MEI Earnings and Revenue Growth September 8th 2024
紐約證券交易所:MEI 收益和收入增長 2024 年 9 月 8 日

Taking into account the latest results, Methode Electronics' four analysts currently expect revenues in 2025 to be US$1.09b, approximately in line with the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 83% to US$0.70. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$1.10b and losses of US$0.55 per share in 2025. While this year's revenue estimates held steady, there was also a regrettable increase in loss per share expectations, suggesting the consensus has a bit of a mixed view on the stock.

考慮到最新業績,Methode Electronics的四位分析師目前預計2025年的收入爲10.9億美元,與過去12個月大致持平。預計每股虧損將在不久的將來大幅減少,縮小83%至0.70美元。然而,在最新業績公佈之前,分析師一直預測2025年收入爲11.0億美元,每股虧損0.55美元。儘管今年的收入預期保持穩定,但令人遺憾的是,每股虧損的預期也有所增加,這表明共識對該股的看法好壞參半。

With the increase in forecast losses for next year, it's perhaps no surprise to see that the average price target dipped 9.5% to US$12.67, with the analysts signalling that growing losses would be a definite concern. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Methode Electronics, with the most bullish analyst valuing it at US$14.00 and the most bearish at US$11.00 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

隨着明年預期虧損的增加,平均目標股價下降9.5%至12.67美元可能不足爲奇,分析師表示,虧損增加肯定是一個令人擔憂的問題。但是,還有另一種思考價格目標的方法,那就是研究分析師提出的價格目標範圍,因爲範圍廣泛的估計可能表明,對業務可能的結果有不同的看法。對Methode Electronics的看法有所不同,最看漲的分析師將其估值爲14.00美元,最看跌的爲每股11.00美元。估計值的狹窄差異可能表明該業務的未來相對容易估值,或者分析師對其前景有強烈的看法。

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Methode Electronics' revenue growth is expected to slow, with the forecast 1.1% annualised growth rate until the end of 2025 being well below the historical 2.7% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 7.5% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Methode Electronics.

當然,看待這些預測的另一種方法是將它們與行業本身聯繫起來。我們要強調的是,Methode Electronics的收入增長預計將放緩,預計到2025年底的年化增長率爲1.1%,遠低於過去五年2.7%的歷史年增長率。相比之下,該行業的其他公司(根據分析師的預測),後者的總體收入預計每年將增長7.5%。因此,很明顯,儘管收入增長預計將放緩,但整個行業的增長速度預計也將超過Methode Electronics。

The Bottom Line

底線

The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at Methode Electronics. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

需要注意的最重要一點是,預計明年虧損將增加,這表明Methode Electronics可能並非一切順利。從好的方面來看,收入估計沒有重大變化;儘管預測表明它們的表現將比整個行業差。此外,分析師還下調了目標股價,這表明最新消息加劇了人們對業務內在價值的悲觀情緒。

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Methode Electronics analysts - going out to 2027, and you can see them free on our platform here.

根據這種思路,我們認爲該業務的長期前景比明年的收益重要得多。根據多位Methode Electronics分析師的估計,到2027年,你可以在我們的平台上免費查看。

You still need to take note of risks, for example - Methode Electronics has 2 warning signs we think you should be aware of.

您仍然需要注意風險,例如,Methode Electronics 有 2 個警告標誌,我們認爲您應該注意。

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

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