Ultime notizie per Methode Electronics (NYSE:MEI) Azioni

Methode Electronics

Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized into various business segments: Automotive, Industrial, Interface, and Medical. The Automotive segment which generates maximum revenue, supplies electronic and electro-mechanical devices and related products to automobiles. The products manufactured in the automotive segment include overhead and center consoles, hidden and ergonomic switches, insert molded components, LED-based lighting, and sensors. Geographically, the company generates maximum revenue from North America and the rest from Europe, the Middle East & Africa (EMEA), and Asia.

Methode Electronics Inc

METHES ENERGIES LTD by Methes Energies International Ltd

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MEIDENSHA CORP by Meidensha Corp.

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector.
<h3 class="wp-block-heading">Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>)</h3>
<ul>
<li>Dividend Yield: 5.42%</li>
<li>Jefferies analyst Saree Boroditsky initiated coverage on the stock with a Hold rating and a price target of $12 on April 9. This analyst has an accuracy rate of 60%.</li>
<li>Sidoti &amp; Co. analyst John Franzreb downgraded the stock from Buy to Neutral on March 7. This analyst has an accuracy rate of 74%.</li>
<li>Recent News: On Sept. 12, Methode Electronics' board named Mark Schwabero as new Chairman of the Board.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1">latest MEI news</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="887" height="825" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060259/image-213.png" alt="" class="wp-image-609208" style="width:654px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060259/image-213.png 887w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060259/image-213-300x279.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060259/image-213-768x714.png 768w" sizes="(max-width: 887px) 100vw, 887px" /></a></figure>
<h3 class="wp-block-heading">HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>)</h3>
<ul>
<li>Dividend Yield: 3.04%</li>
<li>Citigroup analyst Asiya Merchant downgraded the stock from Buy to Neutral with a price target of $37 on Oct. 1. This analyst has an accuracy rate of 78%.</li>
<li>B of A Securities analyst Wamsi Mohan downgraded the stock from Buy to Neutral with a price target of $37 on Sept. 27. This analyst has an accuracy rate of 76%.</li>
<li>Recent News: On Aug. 28, HP reported better-than-expected third-quarter financial results and increased its share repurchase authorization to $10 billion in</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1">latest HPQ news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="906" height="841" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060305/image-214.png" alt="" class="wp-image-609209" style="width:695px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060305/image-214.png 906w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060305/image-214-300x278.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060305/image-214-768x713.png 768w" sizes="(max-width: 906px) 100vw, 906px" /></a></figure>
<h3 class="wp-block-heading">Xerox Holdings Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>)</h3>
<ul>
<li>Dividend Yield: 9.61%</li>
<li>JP Morgan analyst Samik Chatterjee maintained an Underweight rating and cut the price target from $13 to $11 on Oct. 21. This analyst has an accuracy rate of 71%.</li>
<li>Loop Capital analyst Ananda Baruah maintained a Hold rating and slashed the price target from $14 to $11 on Aug. 14. This analyst has an accuracy rate of 75%.</li>
<li>Recent News: Xerox will host a live audio webcast at 8 a.m. ET on Tuesday, Oct. 29, to discuss the company&#8217;s third-quarter results.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1">trend in XRX stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="863" height="827" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060358/image-215.png" alt="" class="wp-image-609210" style="width:674px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060358/image-215.png 863w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060358/image-215-300x287.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/23060358/image-215-768x736.png 768w" sizes="(max-width: 863px) 100vw, 863px" /></a></figure>
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41479244/dow-edges-lower-as-investors-watch-earnings-reports-with-caution-fear-index-remains-in-greed-zone">Dow Edges Lower As Investors Watch Earnings Reports With Caution: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
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<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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News

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Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields

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Shares of companies within the broader technology sector are trading higher amid strength with Micron after the company reported strong earnings.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector.
<h3 class="wp-block-heading">Xerox Holdings Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>)</h3>
<ul>
<li>Dividend Yield: 9.83%</li>
<li>Loop Capital analyst Ananda Baruah maintained a Hold rating and cut the price target from $14 to $11 on Aug. 14. This analyst has an accuracy rate of 74%.</li>
<li>Citigroup analyst Asiya Merchant initiated coverage on the stock with a Sell rating and a price target of $11 on June 28. This analyst has an accuracy rate of 73%.</li>
<li>Recent News: On Sept. 17, Xerox said CFO Xavier Heiss will retire on Feb. 1, 2025.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092424&amp;t=be2bearmibe3na1">latest XRX news.</a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="810" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050204/image-184.png" alt="" class="wp-image-562635" style="width:682px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050204/image-184.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050204/image-184-300x268.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050204/image-184-768x686.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>)</h3>
<ul>
<li>Dividend Yield: 4.93%</li>
<li>Jefferies analyst Saree Boroditsky initiated coverage on the stock with a Hold rating and a price target of $12 on April 9. This analyst has an accuracy rate of 60%</li>
<li>Sidoti &amp; Co. analyst John Franzreb downgraded the stock from Buy to Neutral on March 7. This analyst has an accuracy rate of 75%.</li>
<li>Recent News: On Sept. 12, Methode Electronics&#8217; board named Mark Schwabero as new Chairman of the Board.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify th<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092424&amp;t=be2bearmibe3na1">e trend in MEI stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="917" height="841" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050309/image-185.png" alt="" class="wp-image-562636" style="width:674px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050309/image-185.png 917w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050309/image-185-300x275.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050309/image-185-768x704.png 768w" sizes="(max-width: 917px) 100vw, 917px" /></a></figure>
<h3 class="wp-block-heading">HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>)</h3>
<ul>
<li>Dividend Yield: 3.13%</li>
<li>Loop Capital analyst Ananda Baruah maintained a Hold rating and cut the price target from $37 to $35 on Sept. 5. This analyst has an accuracy rate of 75%.</li>
<li>Barclays analyst Tim Long maintained an Equal-Weight rating and lowered the price target from $33 to $32 on Aug. 29. This analyst has an accuracy rate of 74%.</li>
<li>Recent News: On Aug. 28, HP reported better-than-expected third-quarter financial results and increased its share repurchase authorization to $10 billion in total.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092424&amp;t=be2bearmibe3na1">breakout in HPQ shares. </a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="891" height="810" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050350/image-186.png" alt="" class="wp-image-562638" style="width:641px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050350/image-186.png 891w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050350/image-186-300x273.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/24050350/image-186-768x698.png 768w" sizes="(max-width: 891px) 100vw, 891px" /></a></figure>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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Read More: 
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Wall Street's Most Accurate Analysts' Views On 3 Tech Stocks Delivering High-Dividend Yields

Methode Electronics, Inc. (NYSE:<a href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that as part of a planned transition resulting from the retirement of the former Chairman of the Board, Walter Aspatore, the company's Board of Directors has appointed Mark Schwabero as the new chairman of the board. &nbsp;
Mr. Schwabero was previously appointed Methode's Vice Chairman of the Board in May 2024 and has been a director at the company since 2019. He was formerly Chairman, Chief Executive Officer and Director of Brunswick Corporation, a recreational marine products company, from 2016 to 2018.
Mr. Schwabero commented, "I am privileged to have the opportunity to serve Methode as chairman. Speaking on behalf of Methode, we thank Walter for his 16 years of service to the company and wish him all the best in his retirement."

Management

Methode Electronics' Board of Directors Names Mark Schwabero As New Chairman Of The Board

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li>Ascendiant Capital raised the price target for Pro-Dex, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDEX#NASDAQ">PDEX</a>) from $28 to $30. Ascendiant Capital analyst Edward Woo maintained a Buy rating. Pro-Dex shares gained 4.2% to close at $23.28 on Friday. <a href="https://www.benzinga.com/quote/PDEX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. boosted the price target for Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) from $16 to $30. HC Wainwright &amp; Co. analyst Mitchell Kapoor maintained a Buy rating. Summit Therapeutics shares fell 1.8% to close at $12.27 on Friday. <a href="https://www.benzinga.com/quote/MEI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan raised United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) price target from $40 to $42. JP Morgan analyst Bill Peterson upgraded the stock from Neutral to Overweight. United States Steel shares gained 4.3% to close at $31.27 on Friday. <a href="https://www.benzinga.com/quote/SMMT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley raised Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) price target from $855 to $950. Morgan Stanley analyst Simeon Gutman maintained an Overweight rating. Costco shares fell 1.1% to close at $876.68 on Friday. <a href="https://www.benzinga.com/quote/COST/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wedbush boosted the price target for LGI Homes, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGIH#NASDAQ">LGIH</a>) from $97 to $125. Wedbush analyst Jay McCanless upgraded the stock from Underperform to Neutral. LGI Homes shares rose 0.8% to close at $104.80 on Friday. <a href="https://www.benzinga.com/quote/LGIH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>BTIG increased Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) price target from $47 to $51. BTIG analyst Clark Lampen maintained a Buy rating. Roblox shares fell 0.2% to close at $43.64 on Friday. <a href="https://www.benzinga.com/quote/RBLX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities raised JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) price target from $3 to $6. B of A Securities analyst Andrew Didora upgraded the stock from Underperform to Neutral. JetBlue shares fell 1.7% to close at $5.30 on Friday. S<a href="https://www.benzinga.com/quote/JBLU/analyst-ratings">ee how other analysts view this stock.</a></li>
<li>Deutsche Bank increased the price target for Colgate-Palmolive Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) from $107 to $109. Deutsche Bank analyst Steve Powers downgraded the stock from Buy to Hold. Colgate-Palmolive shares fell 0.6% to close at $107.86 on Friday. See how other analysts view this stock.</li>
<li>JP Morgan boosted Nucor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) price target from $170 to $174. JP Morgan analyst Bill Peterson upgraded the stock from Neutral to Overweight. Nucor shares fell 0.6% to close at $138.79 on Friday. <a href="https://www.benzinga.com/quote/NUE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>BMO Capital boosted Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) price target from $100 to $110. BMO Capital analyst Andrew Strelzik maintained an Outperform rating. Starbucks shares fell 0.5% to close at $91.15 on Friday. <a href="https://www.benzinga.com/quote/SBUX/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SBUX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="506" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/09085953/image-70-1024x506.png" alt="" class="wp-image-537416" style="width:621px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/09085953/image-70-1024x506.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/09085953/image-70-300x148.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/09085953/image-70-768x380.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/09085953/image-70.png 1368w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

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Starbucks To Rally Around 21%? Here Are 10 Top Analyst Forecasts For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li>Needham cut the price target for Planet Labs PBC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) from $7 to $5. Needham analyst Ryan Koontz maintained a Buy rating. Planet Labs PBC shares closed at $2.48 on Thursday. <a href="https://www.benzinga.com/quote/PL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird slashed the price target for Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>) from $15 to $13. Baird analyst Luke Junk maintained a Neutral rating. Methode Electronics shares gained 2.8% to close at $10.34 on Thursday. <a href="https://www.benzinga.com/quote/MEI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co raised Travere Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TVTX#NASDAQ">TVTX</a>) price target from $20 to $23. HC Wainwright &amp; Co. analyst Ed Arce maintained a Buy rating. Travere Therapeutics shares fell 1.2% to close at $9.93 on Thursday. <a href="https://www.benzinga.com/quote/TCTX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities raised Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>) price target from $45 to $47. B of A Securities analyst Matt Bullock maintained a Buy rating. Samsara shares gained 0.2% to close at $38.75 on Thursday. S<a href="https://www.benzinga.com/quote/IOT/analyst-ratings">ee how other analysts view this stock.</a></li>
<li>Deutsche Bank boosted the price target for Hubbell Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBB#NYSE">HUBB</a>) from $431 to $441. Deutsche Bank analyst Nicole Deblase upgraded the stock from Hold to Buy. Hubbell shares fell 1.2% to close at $370.42 on Thursday. <a href="https://www.benzinga.com/quote/HUBB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Goldman Sachs slashed Core &amp; Main, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNM#NYSE">CNM</a>) price target from $57 to $50. Goldman Sachs analyst Joe Ritchie maintained a Neutral rating. Core &amp; Main shares fell 3.6% to close at $38.00 on Thursday. <a href="https://www.benzinga.com/quote/CNM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>BMO Capital raised UiPath Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) price target from $14 to $15. BMO Capital analyst Keith Bachman maintained a Market Perform rating. UiPath shares rose 0.2% to close at $12.74 on Thursday. <a href="https://www.benzinga.com/quote/PATH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Oppenheimer increased the price target for Guidewire Software, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWRE#NYSE">GWRE</a>) from $170 to $185. Oppenheimer analyst Ken Wong maintained an Outperform rating. Guidewire shares fell 2.1% to close at $143.93 on Thursday. <a href="https://www.benzinga.com/quote/GWRE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Jefferies cut Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) price target from $15 to $11. Jefferies analyst Lloyd Byrne downgraded the stock from Buy to Hold. Bloom Energy shares fell 1.3% to close at $11.03 on Thursday. <a href="https://www.benzinga.com/quote/BE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan boosted NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) price target from $5.3 to $8. JP Morgan analyst Nick Lai upgraded the stock from Neutral to Overweight. NIO shares gained 14.4% to close at $4.85 on Thursday. <a href="https://www.benzinga.com/quote/NIO/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying Nio stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/06081435/image-54-1024x502.png" alt="" class="wp-image-534306" style="width:698px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/06081435/image-54-1024x502.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/06081435/image-54-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/06081435/image-54-768x376.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/06081435/image-54.png 1367w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

GWRE

HUBB

PATH

TVTX

NIO To Rally Around 65%? Here Are 10 Top Analyst Forecasts For Friday

Baird analyst Luke Junk maintains Methode Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>) with a Neutral and lowers the price target from $15 to $13.

Baird Maintains Neutral on Methode Electronics, Lowers Price Target to $13

Methode Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>) reported quarterly losses of $(0.31) per share which missed the analyst consensus estimate of $(0.30) by 3.33 percent. The company reported quarterly sales of $258.500 million which missed the analyst consensus estimate of $264.647 million by 2.32 percent. This is a 10.77 percent decrease over sales of $289.700 million the same period last year.

Earnings

Earnings Misses

Methode Electronics Q1 2025 Adj. EPS $(0.31) Misses $(0.30) Estimate, Sales $258.500M Miss $264.647M Estimate

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector.
<h3 class="wp-block-heading">Xerox Holdings Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>)</h3>
<ul>
<li>Dividend Yield: 9.10%</li>
<li>Loop Capital analyst Ananda Baruah maintained a Hold rating and cut the price target from $14 to $11 on Aug. 14. This analyst has an accuracy rate of 75%.</li>
<li>Citigroup analyst Asiya Merchant initiated coverage on the stock with a Sell rating and a price target of $11 on June 28. This analyst has an accuracy rate of 73%.</li>
<li>Recent News: On July 25, Xerox reported a fiscal second-quarter 2024 sales decline of 10.0% year-on-year to $1.58 billion, missing the analyst consensus estimate of $1.60 billion.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://pro.benzinga.com/dashboard">latest XRX news</a>.</li>
</ul>
<h3 class="wp-block-heading">Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>)</h3>
<ul>
<li>Dividend Yield: 5.28%</li>
<li>Sidoti &amp; Co. analyst John Franzreb downgraded the stock from Buy to Neutral on March 7. This analyst has an accuracy rate of 75%.</li>
<li>Barrington Research analyst Christopher Howe reiterated a Market Perform rating on May 25. This analyst has an accuracy rate of 69%.</li>
<li>Recent News: Methode Electronics is expected to announce first quarter fiscal 2025 results on Thursday, Sept. 5.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the<a href="https://pro.benzinga.com/dashboard"> trend in MEI stock.</a></li>
</ul>
<h3 class="wp-block-heading">International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>)</h3>
<ul>
<li>Dividend Yield: 3.37%</li>
<li>Jefferies analyst Brent Thill maintained a Hold rating and raised the price target from $190 to $200 on July 25. This analyst has an accuracy rate of 78%.</li>
<li>BMO Capital analyst Keith Bachman maintained a Market Perform rating and boosted the price target from $190 to $210 on July 25. This analyst has an accuracy rate of 80%.</li>
<li>Recent News: International Business Machines is laying off 1,000 employees as it shutters a fundamental research division in China.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a po<a href="https://pro.benzinga.com/dashboard">tential breakout in IBM shares.</a></li>
</ul>

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AIRE

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AZPN

BBAI

BNZI

CISO

CRSR

DGII

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EPAM

FUFU

HTCR

IVDA

LAES

LEDS

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

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Next Technology Holding Inc. - Ordinary Shares

NXTT

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VERB

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ZPTA

Shares of companies within the broader tech sector are trading lower amid concerns over the US economy.

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector.
<h3 class="wp-block-heading">Xerox Holdings Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>)</h3>
<ul>
<li>Dividend Yield: 8.41%</li>
<li>Citigroup analyst Asiya Merchant initiated coverage on the stock with a Sell rating and a price target of $11 on June 28. This analyst has an accuracy rate of 79%.</li>
<li>JP Morgan analyst Samik Chatterjee maintained an Underweight rating and cut the price target from $18 to $17 on April 24. This analyst has an accuracy rate of 75%.</li>
<li>Recent News: On May 22, Xerox said its board of directors declared a quarterly dividend of 25 cents per share.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1">Benzinga Pro's real-time newsfeed</a> alerted to latest XRX news</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="675" height="718" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17053107/Screenshot-2024-07-17-at-3.01.01-PM.png" alt="" class="wp-image-440225" style="width:402px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17053107/Screenshot-2024-07-17-at-3.01.01-PM.png 675w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17053107/Screenshot-2024-07-17-at-3.01.01-PM-282x300.png 282w" sizes="(max-width: 675px) 100vw, 675px" /></a></figure>
<h3 class="wp-block-heading">Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>)</h3>
<ul>
<li>Dividend Yield: 4.03%</li>
<li>Sidoti &amp; Co. analyst John Franzreb downgraded the stock from Buy to Neutral on March 7. This analyst has an accuracy rate of 75%.</li>
<li>Barrington Research analyst Christopher Howe reiterated a Market Perform rating on May 25, 2023. This analyst has an accuracy rate of 69%.</li>
<li>Recent News: On July 11, Methode Electronics reported better-than-expected fourth-quarter sales results.</li>
<li>Benzinga Pro's charting tool helped identify the <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1">trend in MEI's stock</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="688" height="751" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17053141/Screenshot-2024-07-17-at-3.01.36-PM.png" alt="" class="wp-image-440228" style="width:431px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17053141/Screenshot-2024-07-17-at-3.01.36-PM.png 688w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17053141/Screenshot-2024-07-17-at-3.01.36-PM-275x300.png 275w" sizes="(max-width: 688px) 100vw, 688px" /></a></figure>
<h3 class="wp-block-heading">International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>)</h3>
<ul>
<li>Dividend Yield: 3.60%</li>
<li>Exane BNP Paribas analyst Stefan Slowinskiinitiated coverage on the stock with an Underperform rating and a price target of $145 on May 2. This analyst has an accuracy rate of 72%.</li>
<li>JP Morgan analyst Brian Essex maintained a Neutral rating and cut the price target from $190 to $185 on April 25. This analyst has an accuracy rate of 71%.</li>
<li>Recent News: International Business Machines is expected to report second-quarter results release after market close on July 24.</li>
<li>Benzinga Pro's signals feature notified of a potential <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1">breakout in IBM's shares</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="662" height="725" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17053233/Screenshot-2024-07-17-at-3.02.26-PM.png" alt="" class="wp-image-440231" style="width:375px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17053233/Screenshot-2024-07-17-at-3.02.26-PM.png 662w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17053233/Screenshot-2024-07-17-at-3.02.26-PM-274x300.png 274w" sizes="(max-width: 662px) 100vw, 662px" /></a></figure>
Read More: 
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</div>
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Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks With Over 3% Dividend Yields

The Russell 2000 index of small caps, tracked by the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>), recorded its best weekly performance since October 2023, surging over 6% and reaching its highest <a href="https://www.benzinga.com/topic/small-caps">level since January 2022.</a>
The rally was largely driven by Thursday&#8217;s session, where the Russell 2000 posted a remarkable 3.6% daily gain. This spike followed lower-than-expected June inflation data, which fueled speculation of potential interest rate cuts.
However, Quincy Krosby, chief global strategist for LPL Financial, advises caution, suggesting that Russell 2000&#8217;s rate cut message may be &#8220;clouded by Fed&#8217;s concerns over labor market.&#8221;
Krosby thinks a weaker labor market would still hurt the economically sensitive Russell 2000 index, and rate cuts may not necessarily shield it from a broader economic slowdown.
<h1 class="wp-block-heading">Chart of The Week: Small Caps Achieved Best-Performing Week In Over 8 Months</h1>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="488" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/12145314/Screenshot-2024-07-12-alle-20.34.21-1024x488.png" alt="" class="wp-image-434094" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/12145314/Screenshot-2024-07-12-alle-20.34.21-1024x488.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/12145314/Screenshot-2024-07-12-alle-20.34.21-300x143.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/12145314/Screenshot-2024-07-12-alle-20.34.21-768x366.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/12145314/Screenshot-2024-07-12-alle-20.34.21-1536x732.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/12145314/Screenshot-2024-07-12-alle-20.34.21.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Image: <a href="URL:&nbsp;http://www.benzinga.com/pro/register/?utm_source=BZprocontent071224&amp;t=be2bearmibe3na1">Benzinga Pro</a>
The Russell 2000&#8217;s impressive performance highlights a significant shift in market focus, with interest rate-sensitive small and mid-cap stocks benefiting as investors move away from mega-tech names and direct inflows into the broader market, Krosby highlighted.
The analyst indicated the Russell 2000 serves as a critical indicator for potential interest rate easing and broader economic conditions. Typically, the small- and mid-cap universe will sell off at any hint of a significant economic slowdown, despite their attractive valuations.
&#8220;Historically, the Russell 2000 lags the market for three months following the first rate cut as the Fed normally cuts rates due to concerns about the economy and specifically the labor market. Fed Chair Powell has made it clear, as he continues to invoke the Fed's maximum employment mandate, that the Fed would cut rates at a faster pace to help support the economy,&#8221; she said. 
If labor market conditions deteriorate, the Fed might initiate an easing cycle sooner than the scheduled Sept. 18 meeting, Krosby stated. The market prefers a rate cut driven by inflation easing within a robust economic backdrop.
<h1 class="wp-block-heading">This Week&#8217;s Top Performers In The Russell 2000</h1>
<ol>
<li>Morphic Holding, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MORF#NASDAQ">MORF</a>): 75.16% (Health Care)</li>
<li>Lantheus Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNTH#NASDAQ">LNTH</a>): 55.47% (Health Care)</li>
<li>IGM Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IGMS#NASDAQ">IGMS</a>): 54.22% (Health Care)</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>): 52.63% (Information Technology)</li>
<li>Methode Electronics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NASDAQ">MEI</a>): 47.96% (Information Technology)</li>
<li>Solaris Oilfield Infrastructure, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOI#NYSE">SOI</a>): 46.87% (Energy)</li>
<li>Pulse Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLSE#NASDAQ">PLSE</a>): 45.98% (Health Care)</li>
<li>Ouster, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NYSE">OUST</a>): 44.21% (Information Technology)</li>
<li>EVgo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>): 42.65% (Consumer Discretionary)</li>
<li>Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>): 42.51% (Industrials)</li>
</ol>

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Photo: Shutterstock

Analyst Color

Broad U.S. Equity ETFs

Small Cap

ETFs

EVGO

IGMS

LNTH

MORF

OUST

PLSE

SOUN

Russell 2000 Index Notches Strongest Week Of Year, Hits 31-Month Highs: Outlook Is 'Clouded By Fed's Concerns Over Labor Market,' Analyst Warns

U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite dipping 2% on Thursday.
The Dow traded up 0.07% to 39,748.00 while the NASDAQ fell 2% to 18,274.88 . The S&amp;P 500 also fell, dropping, 0.94% to 5,581.00.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39726449/top-4-real-estate-stocks-that-could-lead-to-your-biggest-gains-in-q3">Top 4 Real Estate Stocks That Could Lead To Your Biggest Gains In Q3</a>
Leading and Lagging Sectors Real estate shares jumped by 2.4% on Thursday.
In trading on Thursday, information technology shares fell by 2.7%.
Top Headline
Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook.
Delta Air Lines reported quarterly earnings of $2.36 per share which missed the analyst consensus estimate of $2.37 per share. The company reported quarterly sales of $16.658 billion which beat the analyst consensus estimate of $15.452 billion, according to data from Benzinga Pro.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Biodexa Pharmaceuticals Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BDRX#NASDAQ">BDRX</a>) shares shot up 40% to $0.9888 after the company reported 12-month Phase 2 trial results for eRapa in treating Familial Adenomatous Polyposis.</li>
<li>Shares of Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>) got a boost, surging 47% to $13.84 after the company reported better-than-expected fourth-quarter sales results.</li>
<li>QuantumScape Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>) shares were also up, gaining 32% to $7.13 after the company announced it entered into an agreement with PowerCo to industrialize solid-state batteries.</li>
</ul>
Equities Trading DOWN
<ul>
<li>E2open Parent Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETWO#NYSE">ETWO</a>) shares dropped 11% to $3.97 after the company reported worse-than-expected first-quarter sales results.</li>
<li>Shares of Delta Air Lines, Inc.. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) were down 6% to $44.09 after the company posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook.</li>
<li>Clene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLNN#NASDAQ">CLNN</a>) was down, falling 12% to $4.9508. Clene announced plans to submit briefing book to the U.S. FDA in connection with granted Type C interaction to obtain FDA feedback on potential pathway to accelerated approval for CNM-Au8 in ALS.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/earnings/24/07/39728116/how-to-earn-500-a-month-from-jpmorgan-chase-stock-ahead-of-q2-earnings-report">How To Earn $500 A Month From JPMorgan Chase Stock Ahead Of Q2 Earnings Report</a>
Commodities In commodity news, oil traded up 0.8% to $82.78 while gold traded up 1.7% at $2,420.20.
Silver traded up 2.2% to $31.695 on Thursday, while copper fell 2.1% to $4.5120.
Euro zone
European shares closed higher today. The eurozone's STOXX 600 gained 0.60%, Germany's DAX gained 0.69% and France's CAC 40 rose 0.71%. Spain's IBEX 35 Index rose 0.89%, while London's FTSE 100 rose 0.36%.
The UK&#8217;s trade deficit narrowed to £4.89 billion in May versus a revised £6.42 billion in the previous month, while British economy grew by 0.4% month-over-month in May. Industrial production in the UK increased 0.2% month-over-month for May. Annual inflation rate in Germany eased to 2.2% in June from 2.4% in the prior month.
Asia Pacific Markets
Asian markets closed mostly higher on Thursday, with Japan's Nikkei gaining 0.94%, Hong Kong's Hang Seng Index jumping 2.06%, China's Shanghai Composite Index climbing 1.06% and India's S&amp;P BSE Sensex falling 0.03%.
Japanese core machinery orders declined 3.2% month-over-month to 857.8 billion yen during May versus a 2.9% decline in April.
Economics
<ul>
<li>The Consumer Price Index in the United States slowed more than expected in June. Headline CPI inflation slowed from 3.3% in May 2024 to 3% in June 2024 on a year-over-year basis, below the 3.1% expected among economists, as tracked by TradingEconomics.</li>
<li>On a monthly basis, inflation contracted by 0.1% compared to May 2024, decelerating from the previous flat reading and marking the lowest print since May 2020.</li>
<li>U.S. initial jobless claims declined by 17,000 to 222,000 in the week ending July 6, compared to market estimates of 236,000.</li>
<li>The EIA said U.S. natural gas supplies increased by 65 billion cubic feet in the week ended July 5.</li>
<li>The U.S. government recorded a budget deficit of $347 billion in May compared to the $228 billion gap posted in the year-ago month.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/news/24/07/39726826/wall-streets-most-accurate-analysts-give-their-take-on-3-defensive-stocks-with-over-3-dividend-yield">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Defensive Stocks With Over 3% Dividend Yields</a></li>
</ul>

Eurozone

Commodities

Intraday Update

BDRX

CLNN

ETWO

Gold Rises Sharply; Methode Electronics Shares Spike Higher

Shares of Conagra Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>) fell during Thursday's session after the company reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted <a href="https://www.benzinga.com/news/earnings/24/07/39728345/conagra-falls-short-on-q4-revenue-amid-unfavorable-price-mix">EPS guidance below estimates</a>.
The company reported adjusted earnings per share of 61 cents, beating the analyst consensus estimate of 57 cents. Quarterly revenues of $2.905 billion missed the street view of $2.930 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Conagra Brands shares declined 3.9% to $27.70 on Thursday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Kazia Therapeutics Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KZIA#NASDAQ">KZIA</a>) shares surged 88.6% to $1.26. Kazia Therapeutics, on Wednesday, announced results from GBM-AGILE, a phase II/III study that included an evaluation of paxalisib versus standard of care for patients with glioblastoma.</li>
<li>Biodexa Pharmaceuticals Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BDRX#NASDAQ">BDRX</a>) shares jumped 78.6% to $1.2698 after the company reported 12-month Phase 2 trial results for eRapa in treating Familial Adenomatous Polyposis.</li>
<li>Volcon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) climbed 68.2% to $6.13 in response to a series of buy-sell transactions by UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>).</li>
<li>iSpecimen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPC#NASDAQ">ISPC</a>) jumped 48% to $0.4241.</li>
<li>Renalytix Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNLX#NASDAQ">RNLX</a>) gained 35% to $0.4125 after the company announced a collaboration with the Steno Diabetes Center, Copenhagen, to advance translation of precision medicine solutions for patients with Diabetes and Chronic Kidney Disease.</li>
<li>Blue Star Foods Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSFC#NASDAQ">BSFC</a>) shares rose 33.6% to $2.2450 after declining around 5% on Wednesday.</li>
<li>Cyngn Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) gained 32.5% to $5.25. Cyngn announced the expansion of its dealer network to include Alta Equipment Group.</li>
<li>Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>) shares rose 29.4% to $12.22 after the company reported better-than-expected fourth-quarter sales results.</li>
<li>QuantumScape Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>) gained 25% to $6.76 after the company announced it entered into an agreement with PowerCo to industrialize solid-state batteries.</li>
<li>Terns Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TERN#NASDAQ">TERN</a>) jumped 18.2% to $8.63.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) rose 16.7% to $5.92. SoundHound AI recently announced that its ChatGPT-integrated voice assistant is now live and in production in Peugeot, Opel and Vauxhall vehicle brands in Europe.</li>
<li>LL Flooring Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LL#NYSE">LL</a>) jumped 15.4% to $0.7850.</li>
<li>Astrana Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTH#NASDAQ">ASTH</a>) gained 11.2% to $42.47. Truist Securities analyst Jailendra Singh upgraded Astrana Health from Hold to Buy and raised the price target from $44 to $50.</li>
<li>IGM Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IGMS#NASDAQ">IGMS</a>) shares rose 10.8% to $7.76.</li>
<li>Ribbon Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RBBN#NASDAQ">RBBN</a>) climbed 10.8% to $3.60 after Rosenblatt initiated coverage on the stock with a Buy rating and announced a $5 price target.</li>
<li>OKYO Pharma Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKYO#NASDAQ">OKYO</a>) gained 10.2% to $1.3003 as the company announced plans to initiate neuropathic corneal pain trial for OK-101.</li>
<li>Actelis Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) shares rose 9.7% to $1.72 after the company announced it received a significant order valued at $260,000 to modernize the traffic systems in a major Mid-Atlantic county in the United States.</li>
<li>NaaS Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) shares gained 8.4% to $5.07 after surging 44% on Wednesday.</li>
<li>Lantheus Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNTH#NASDAQ">LNTH</a>) rose 8.2% to $114.89. Leerink Partners maintained Lantheus with an Outperform and raised the price target from $106 to $127.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) rose 8% to $1,410.01 after the company announced a 10-for-1 stock split.</li>
<li>Virpax Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) rose 7.6% to $1.8307.</li>
<li>Pool Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>) gained 6.6% to $318.49.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Inspire Veterinary Partners, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVP#NASDAQ">IVP</a>) dipped 28.1% to $5.32 after jumping 110% on Wednesday. Inspire Veterinary Partners announced the closing of $6 million public offering.</li>
<li>Cingulate Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CING#NASDAQ">CING</a>) fell 25% to $0.4862 after gaining 74% on Wednesday.</li>
<li>Crown LNG Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGBS#NASDAQ">CGBS</a>) dipped 18.6% to $2.5102.</li>
<li>Telesis Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBIO#NASDAQ">TBIO</a>) declined 18.2% to $3.5736.</li>
<li>Boqii Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BQ#NYSE">BQ</a>) dipped 17.6% to $0.4271.</li>
<li>TuanChe Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TC#NASDAQ">TC</a>) shares fell 17.5% to $1.5996.</li>
<li>Clene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLNN#NASDAQ">CLNN</a>) fell 15.7% to $4.7350. Clene announced plans to submit briefing book to the U.S. FDA in connection with granted Type C interaction to obtain FDA feedback on potential pathway to accelerated approval for CNM-Au8 in ALS.</li>
<li>E2open Parent Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETWO#NASDAQ">ETWO</a>) declined 15.7% to $3.72 after the company reported worse-than-expected first-quarter sales results.</li>
<li>uniQure N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QURE#NASDAQ">QURE</a>) dipped 14.2% to $8.68. The company recently announced updated interim data including up to 24 months of follow-up data from 29 treated patients enrolled in the ongoing U.S. and European Phase I/II clinical trials of AMT-130 for the treatment of</li>
<li>Longeveron Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGVN#NASDAQ">LGVN</a>) shares fell 9.4% to $4.1191. Longeveron shares jumped over 58% on Wednesday after the company announced that the FDA granted Regenerative Medicine Advanced Therapy designation to Lomecel-B for the treatment of mild Alzheimer&#8217;s Disease.</li>
<li>ZIM Integrated Shipping Services Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) dipped 9% to $18.06.</li>
<li>Innovative Eyewear, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUCY#NASDAQ">LUCY</a>) fell 8% to $0.4210 after gaining over 20% on Wednesday.</li>
<li>BRC Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRCC#NYSE">BRCC</a>) fell 7.7% to $4.9850.</li>
<li>Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) fell 7.1% to $43.56 after the company posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook.</li>
<li>American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) declined 6.2% to $10.45 in sympathy with Delta, which fell after reporting mixed quarterly earnings.</li>
<li>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) fell 5.5% to $44.58 in sympathy with Delta, which fell after reporting mixed quarterly earnings.</li>
<li>Celestica Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLS#NYSE">CLS</a>) fell 5.4% to $58.18. Celestica is expected to release second quarter financial results on Wednesday, July 24.</li>
</ul>
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Movers

ASNS

ASTH

BRCC

BSFC

CGBS

CING

ISPC

KZIA

LGVN

LUCY

MSTR

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OKYO

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QURE

RBBN

RNLX

TBIO

TERN

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VRPX

Why ConAgra Brands Shares Are Trading Lower? Here Are Other Stocks Moving In Thursday's Mid-Day Session

U.S. stocks were mostly higher, with the Dow Jones index gaining around 100 points on Thursday.
Shares of Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>) rose sharply during Thursday's session after the company reported better-than-expected <a href="https://www.benzinga.com/news/earnings/24/07/39728841/oem-supplier-methode-electronics-q4-earnings-revenue-beat-eps-miss-ceo-transition-and-more">fourth-quarter sales results</a>.
Methode Electronics reported a fourth-quarter fiscal 2024 net sales decline of 7.9% year-on-year to $277.30 million, beating the analyst consensus estimate of $264.04 million. Adjusted EPS loss of 23 cents missed the analyst consensus loss estimate of 20 cents, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Methode Electronics shares surged 29.4% to $12.22 on Thursday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul>
<li>QuantumScape Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>) shares jumped 25% to $6.76 after the company announced it entered into an agreement with PowerCo to industrialize solid-state batteries.</li>
<li>Terns Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TERN#NASDAQ">TERN</a>) gained 18.2% to $8.63.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) shares gained 16.7% to $5.92. SoundHound AI recently announced that its ChatGPT-integrated voice assistant is now live and in production in Peugeot, Opel and Vauxhall vehicle brands in Europe.</li>
<li>Pacific Biosciences of California, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PACB#NASDAQ">PACB</a>) rose 14% to $1.48.</li>
<li>Embecta Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMBC#NASDAQ">EMBC</a>) gained 11.7% to $13.40.</li>
<li>Astrana Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTH#NASDAQ">ASTH</a>) jumped 11.2% to $42.47. Truist Securities analyst Jailendra Singh upgraded Astrana Health from Hold to Buy and raised the price target from $44 to $50.</li>
<li>Ribbon Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RBBN#NASDAQ">RBBN</a>) gained 10.8% to $3.60 after Rosenblatt initiated coverage on the stock with a Buy rating and announced a $5 price target.</li>
<li>Iovance Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOVA#NASDAQ">IOVA</a>) rose 9.5% to $8.52.</li>
<li>Apogee Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APGE#NASDAQ">APGE</a>) climbed 9.2% to $46.08.</li>
<li>Joby Aviation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NASDAQ">JOBY</a>) gained 8.2% to $5.61. Joby Aviation said it has flown a first-of-its-kind hydrogen-electric air taxi demonstrator 523 miles, with water as the only by-product.</li>
<li>Lantheus Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNTH#NASDAQ">LNTH</a>) surged 8.2% to $114.89. Leerink Partners maintained Lantheus with an Outperform and raised the price target from $106 to $127.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) shares climbed 8% to $1,410.01 after the company announced a 10-for-1 stock split.</li>
<li>Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) gained 7.4% to $16.51. Unity is expected to release second quarter financial results after the closing bell on Aug. 8.</li>
<li>Q2 Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QTWO#NASDAQ">QTWO</a>) rose 6.8% to $64.81.</li>
<li>Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) climbed 6.8% to $113.99 after the company announced residential and commercial products that can help solar projects qualify for the &#8220;Domestic Content Bonus Credit.&#8221;</li>
<li>Pool Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>) rose 6.6% to $318.49.</li>
<li>Installed Building Products, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBP#NYSE">IBP</a>) gained 6.4% to $223.75.</li>
<li>Yum China Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>) rose 5.5% to $32.17.</li>
<li>Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) gained 4.6% to $26.57.</li>
</ul>
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APGE

CHWY

EMBC

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JOBY

PACB

QTWO

YUMC

Methode Electronics Posts Strong Sales, Joins QuantumScape, Ribbon Communications And Other Big Stocks Moving Higher On Thursday

Custom-engineered solutions provider Methode Electronics, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>)&nbsp;reported a fourth-quarter fiscal 2024 net sales decline of 7.9% year-on-year to $277.30 million,&nbsp;beating the analyst <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g39725535/methode-electronics-inc-reports-fiscal-2024-fourth-quarter-and-full-year-financial-results" rel="noreferrer noopener">consensus estimate of $264.04 million</a>.
Lower Automotive segment sales in all geographic regions and unfavorable foreign currency translation led to a sales decrease for the quarter.
Adjusted EPS loss of $0.23&nbsp;missed the analyst <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus loss estimate of $0.20</a>. The stock price climbed after the print.
Segments: Automotive segment&#8217;s net sales were $145.9 million, down from $186.2 million primarily due to lower volume in Asia and Europe. Net sales for the Industrial segment were $117.2 million, up from $98.0 million driven by the acquisition of the Nordic Lights.&nbsp;
Sales in the Interface segment were $14.2 million, down from $15.8 million, mainly due to a lower volume of appliance products.
Gross profit fell 43.9% Y/Y to $35.5 million. Adjusted EBITDA was $5.3 million, significantly lower than $31.7 million in the same quarter a year ago.
The company exited the quarter with cash and equivalents totaling $161.5 million. Long-term debt was $330.7 million at the end of the quarter.
Interim CEO Kevin Nystrom highlighted that Q4 sales improved from Q3 but were down year-over-year due to auto program roll-offs and weak e-bike demand.
EV activity also declined due to program roll-offs and lower market demand. He noted that the automotive segment faced operational inefficiencies due to increased program launches, labor turnover, and higher costs, leading to an adjusted net loss.
Nystrom expects fiscal 2025 to be a repositioning year with flat organic sales growth and near-breakeven pre-tax income, followed by organic sales growth and significant pre-tax income improvement in fiscal 2026.
Outlook: For fiscal 2025, the company expects net sales to be similar to fiscal 2024 of $1.115 billion versus <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">$1.044 billion analyst consensus</a>.
It expects fiscal 2026 net sales to exceed fiscal 2025 net sales.
CEO Transition: In June, the company disclosed plans to tap Jon DeGaynor as the CEO and a director, effective July 15, 2024. DeGaynor will succeed Kevin Nystrom, a partner and managing director at AlixPartners LLP, who has served as interim CEO since May 7, 2024.
Price Action:&nbsp;MEI shares are trading higher by 8.29% to $10.22 premarket at the last check Thursday.

Guidance

Tech

OEM Supplier Methode Electronics Q4 Earnings: Revenue Beat, EPS Miss, CEO Transition And More

Methode Electronics shares are trading higher after the company reported better-than-expected Q4 sales results.

Guidance
For fiscal 2025, the company expects net sales to be similar to fiscal 2024 and adjusted pre-tax income to be approaching breakeven. The adjusted pre-tax income for the second half of fiscal 2025 is expected to be significantly stronger than the first half, with the&nbsp;first quarter&nbsp;of fiscal 2025 being similarly negative as the&nbsp;fourth quarter&nbsp;of fiscal 2024. For fiscal 2026, the company expects net sales to be greater than fiscal 2025 and pre-tax income to be positive and notably greater than fiscal 2025.

Methode Electronics Expects FY25 Net Sales To Be Similar To FY24 Of $1.115B Vs $1.044B Est And FY26 Net Sales Greater Than FY25 Net Sales

Earnings Beats

Methode Electronics Q4 2024 Adj EPS $(0.23) Misses $(0.20) Estimate, Sales $277.300M Beat $264.039M Estimate

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>. 
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector.
<h3 class="wp-block-heading">International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>)</h3>
<ul>
<li>Dividend Yield: 3.81%</li>
<li>Exane BNP Paribas analyst Stefan Slowinski initiated coverage on the stock with an Underperform rating and a price target of $145 on May 2. This analyst has an accuracy rate of 71%.</li>
<li>JP Morgan analyst Brian Essex maintained a Neutral rating and lowered the price target from $190 to $185 on April 25. This analyst has an accuracy rate of 70%.</li>
<li>Recent News: On July 1, IBM and Microsoft disclosed strengthened cybersecurity collaboration to help clients modernize security operations and protect against cloud identity threats.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070224&amp;t=be2bearmibe3na1">latest IBM's news</a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="673" height="664" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/02020948/Screenshot-2024-07-02-at-1.09.41-PM.png" alt="" class="wp-image-415443" style="width:499px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/02020948/Screenshot-2024-07-02-at-1.09.41-PM.png 673w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/02020948/Screenshot-2024-07-02-at-1.09.41-PM-300x296.png 300w" sizes="(max-width: 673px) 100vw, 673px" /></a></figure>
<h3 class="wp-block-heading">HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>)</h3>
<ul>
<li>Dividend Yield: 3.15%</li>
<li>Citigroup analyst Asiya Merchant maintained a Buy rating and raised the price target from $35 to $37 on May 30. This analyst has an accuracy rate of 77%.</li>
<li>Barclays analyst Tim Long maintained an Equal-Weight rating and increased the price target from $30 to $33 on May 30. This analyst has an accuracy rate of 73%.</li>
<li>Recent News: On June 26, HP named Karen Parkhill as CFO.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070224&amp;t=be2bearmibe3na1">Benzinga Pro's charting tool</a> helped identify the trend in HPQ's stock.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="687" height="751" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/02021022/Screenshot-2024-07-02-at-1.10.18-PM.png" alt="" class="wp-image-415444" style="width:449px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/02021022/Screenshot-2024-07-02-at-1.10.18-PM.png 687w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/02021022/Screenshot-2024-07-02-at-1.10.18-PM-274x300.png 274w" sizes="(max-width: 687px) 100vw, 687px" /></a></figure>
<h3 class="wp-block-heading">Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>)</h3>
<ul>
<li>Dividend Yield: 5.58%</li>
<li>Sidoti &amp; Co. analyst John Franzrebdowngraded the stock from Buy to Neutral on March 7. This analyst has an accuracy rate of 75%.</li>
<li>Barrington Research analyst Christopher Howereiterated a Market Perform rating on May 25, 2023. This analyst has an accuracy rate of 70%.</li>
<li>Recent News: On June 25, Methode Electronics named Jon DeGaynor as President and CEO.</li>
<li>Benzinga Pro's signals feature notified of a potential <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070224&amp;t=be2bearmibe3na1">breakout in MEI's shares</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="655" height="725" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/02021100/Screenshot-2024-07-02-at-1.10.54-PM.png" alt="" class="wp-image-415445" style="width:476px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/02021100/Screenshot-2024-07-02-at-1.10.54-PM.png 655w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/02021100/Screenshot-2024-07-02-at-1.10.54-PM-271x300.png 271w" sizes="(max-width: 655px) 100vw, 655px" /></a></figure>
Check This Out: <a href="https://www.youtube.com/watch?v=pVF0O2lsEH4">How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro</a>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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</figure>

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