About Methode Electronics (NYSE:MEI)
Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide. The company operates through four segments: Automotive, Interface, Power Products, and Other. The Automotive segment offers electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead frames, and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system. The Interface segment provides various copper and fiber-optic interface and interface solutions for the aerospace, appliance, commercial food service, construction, consumer, material handling, medical, military, mining, point-of-sale, and telecommunication markets. Its solutions consist of conductive polymers, industrial safety radio remote controls, optical and copper transceivers, and solid-state field-effect consumer touch panels; and services include the design and installation of fiber optic and copper infrastructure systems, and manufacturing active and passive optical components. The Power Products segment manufactures braided flexible cables, current-carrying laminated bus bars and devices, custom power-product assemblies, high-current low voltage flexible power cabling systems, and powder coated bus bars that are used in aerospace, computer, industrial and power conversion, military, telecommunication, and transportation markets and applications. The Other segment offers medical devices, inverters and battery systems, and insulated gate bipolar transistor solutions. Methode Electronics, Inc. was founded in 1946 and is headquartered in Chicago, Illinois.
Industry, Sector and Symbol
Industry Electronic connectors
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
SymbolNYSE:MEI
CUSIP59152020
Phone708-867-6777
Debt
Debt-to-Equity Ratio0.19
Current Ratio4.03
Quick Ratio3.47
Price-To-Earnings
Trailing P/E Ratio16.41
Forward P/E Ratio14.89
P/E Growth0.87
Sales & Book Value
Annual Sales$816.50 million
Price / Sales1.89
Cash Flow$3.2543 per share
Price / Cash12.86
Book Value$14.71 per share
Price / Book2.85
Profitability
EPS (Most Recent Fiscal Year)$2.55
Net Income$92.90 million
Net Margins4.95%
Return on Equity17.84%
Return on Assets12.51%
Miscellaneous
Employees4,464
Outstanding Shares36,850,000
Methode Electronics (NYSE:MEI) Frequently Asked Questions
What is Methode Electronics' stock symbol?
Methode Electronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "MEI."
How often does Methode Electronics pay dividends? What is the dividend yield for Methode Electronics?
Methode Electronics declared a quarterly dividend on Friday, June 15th. Stockholders of record on Friday, July 13th will be given a dividend of $0.11 per share on Friday, July 27th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Thursday, July 12th. View Methode Electronics' Dividend History.
How were Methode Electronics' earnings last quarter?
Methode Electronics Inc. (NYSE:MEI) announced its quarterly earnings data on Thursday, December, 7th. The electronics maker reported $0.64 EPS for the quarter, meeting the consensus estimate of $0.64. The electronics maker had revenue of $230.10 million for the quarter, compared to analysts' expectations of $218.03 million. Methode Electronics had a net margin of 4.95% and a return on equity of 17.84%. Methode Electronics's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period last year, the firm posted $0.66 EPS. View Methode Electronics' Earnings History.
When is Methode Electronics' next earnings date?
What price target have analysts set for MEI?
3 equities research analysts have issued 12-month target prices for Methode Electronics' stock. Their forecasts range from $49.00 to $51.00. On average, they anticipate Methode Electronics' stock price to reach $49.6667 in the next year. View Analyst Ratings for Methode Electronics.
Who are some of Methode Electronics' key competitors?
Some companies that are related to Methode Electronics include Zendesk (ZEN), Lenovo Group (LNVGY), SES (SGBAF), SUMCO Corp/ADR (SUOPY), New Relic (NEWR), Prysmian (PRY), Monolithic Power Systems (MPWR), Fair Isaac (FICO), Cavium (CAVM), Gardner Denver (GDI), MuleSoft (MULE), Littelfuse (LFUS), Commscope (COMM), Okta (OKTA) and National Instruments (NATI).
Who are Methode Electronics' key executives?
Methode Electronics' management team includes the folowing people:
- Mr. Donald W. Duda, Pres, CEO & Director (Age 63)
- Mr. Joseph E. Khoury, Sr. VP (Age 54)
- Mr. Theodore P. Kill, VP of Worldwide Automotive Sales & Pres of Dabir Surfaces (Age 67)
- Mr. Timothy R. Glandon, VP (Age 54)
- Mr. Ronald L. G. Tsoumas, VP of Corp. Fin. & CFO (Age 57)
Has Methode Electronics been receiving favorable news coverage?
News coverage about MEI stock has been trending somewhat positive on Sunday, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Methode Electronics earned a coverage optimism score of 0.13 on Accern's scale. They also assigned news stories about the electronics maker an impact score of 45.77 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Methode Electronics' major shareholders?
Methode Electronics' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.61%), Dimensional Fund Advisors LP (5.58%), Westwood Holdings Group Inc. (3.90%), Silvercrest Asset Management Group LLC (3.36%), Wedge Capital Management L L P NC (1.73%) and Northern Trust Corp (1.45%). Company insiders that own Methode Electronics stock include Bruno P Geremia, Christopher J Hornung, Douglas A Koman, Isabelle C Goossen, Joseph Elias Khoury, Kill Theodore, Lawrence B Skatoff, Paul G Shelton, Rodger Dean Perry, Ronald LG Tsoumas and Timothy Glandon. View Institutional Ownership Trends for Methode Electronics.
Which major investors are selling Methode Electronics stock?
MEI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Smith Asset Management Group LP, Thompson Siegel & Walmsley LLC, Barclays PLC, Heartland Advisors Inc., Citadel Advisors LLC, Thrivent Financial for Lutherans and Opus Capital Group LLC. Company insiders that have sold Methode Electronics company stock in the last year include Isabelle C Goossen and Joseph Elias Khoury. View Insider Buying and Selling for Methode Electronics.
Which major investors are buying Methode Electronics stock?
MEI stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, BlackRock Inc., Westwood Holdings Group Inc., WBI Investments Inc., Comerica Bank, Matarin Capital Management LLC, Dean Investment Associates LLC and Stifel Financial Corp. Company insiders that have bought Methode Electronics stock in the last two years include Bruno P Geremia and Rodger Dean Perry. View Insider Buying and Selling for Methode Electronics.
How do I buy shares of Methode Electronics?
Shares of MEI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Methode Electronics' stock price today?
One share of MEI stock can currently be purchased for approximately $41.85.
How big of a company is Methode Electronics?
Methode Electronics has a market capitalization of $1.54 billion and generates $816.50 million in revenue each year. The electronics maker earns $92.90 million in net income (profit) each year or $2.55 on an earnings per share basis. Methode Electronics employs 4,464 workers across the globe.
How can I contact Methode Electronics?
Methode Electronics' mailing address is 7401 WEST WILSON AVENUE, CHICAGO IL, 60706. The electronics maker can be reached via phone at 708-867-6777 or via email at [email protected]
MarketBeat Community Rating for Methode Electronics (MEI)
MarketBeat's community ratings are surveys of what our community members think about Methode Electronics and other stocks. Vote "Outperform" if you believe MEI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEI will underperform the S&P 500 over the long term. You may vote once every thirty days.
