Methode Electronics Company Profile (NYSE:MEI)

About Methode Electronics

Methode Electronics logoMethode Electronics, Inc. (Methode) is a manufacturer of component and subsystem devices. The Company designs, manufactures and markets devices employing electrical, radio remote control, electronic, wireless and sensing technologies. The Company operates through segments, including Automotive, Interface, Power Products and Other. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers (OEMs). The Interface segment provides a range of copper and fiber-optic interface and interface solutions. The Power Products segment manufactures braided flexible cables, current-carrying laminated bus devices, custom power-product assemblies, such as PowerRail solution, high-current low voltage flexible power cabling systems and powder coated bus bars. The Other segment includes medical devices, inverters and battery systems, and insulated gate bipolar transistor solutions.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MEI
  • CUSIP:
Key Metrics:
  • Previous Close: $34.35
  • 50 Day Moving Average: $35.59
  • 200 Day Moving Average: $31.84
  • 52-Week Range: C$23.83 - C$37.25
  • Trailing P/E Ratio: 15.84
  • Foreward P/E Ratio: 12.77
  • P/E Growth: 1.02
  • Market Cap: $1.27B
  • Outstanding Shares: 36,953,000
  • Beta: 1.34
Profitability:
  • Net Margins: 10.31%
  • Return on Equity: 17.70%
  • Return on Assets: 12.97%
Debt:
  • Debt-to-Equity Ratio: 0.11%
  • Current Ratio: 4.64%
  • Quick Ratio: 4.01%
Additional Links:
Companies Related to Methode Electronics:

Analyst Ratings

Consensus Ratings for Methode Electronics (NYSE:MEI) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: C$21.29 (38.01% downside)

Analysts' Ratings History for Methode Electronics (NYSE:MEI)
Show:
DateFirmActionRatingPrice TargetDetails
9/7/2016B. RileyReiterated RatingBuy$44.50View Rating Details
9/6/2016Robert W. BairdReiterated RatingOutperform$45.00 -> $46.00View Rating Details
9/2/2016Craig HallumDowngradeBuy -> Hold$37.00View Rating Details
6/24/2016FBR & CoReiterated RatingOutperform$42.00View Rating Details
4/4/2016Dundee SecuritiesBoost Price TargetC$0.15 -> C$0.20View Rating Details
3/9/2016Canaccord GenuityLower Price TargetHoldC$0.45 -> C$0.25View Rating Details
1/6/2016TD SecuritiesDowngradeHold -> ReduceC$0.20 -> C$0.10View Rating Details
12/3/2015National Bank FinancialLower Price TargetSector PerformC$0.40 -> C$0.30View Rating Details
9/18/2015Royal Bank Of CanadaDowngradeSector Perform -> UnderperformC$1.00 -> C$0.50View Rating Details
9/11/2015Raymond James Financial Inc.Lower Price TargetC$0.50 -> C$0.45View Rating Details
11/11/2014Acumen CapitalDowngradeSpeculative BuyView Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Methode Electronics (NYSE:MEI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/8/2016        
9/1/2016Q117$0.53$0.57$203.06 million$191.90 millionViewN/AView Earnings Details
6/23/2016Q416$0.52$0.60$212.80 millionViewListenView Earnings Details
3/3/2016Q316$0.43$0.45$190.31 million$184.60 millionViewN/AView Earnings Details
12/10/2015Q216$0.53$0.54$213.11 million$208.40 millionViewListenView Earnings Details
9/3/2015Q116$0.54$0.60$209.23 million$203.30 millionViewN/AView Earnings Details
6/25/2015Q415$0.68$0.51$227.30 millionViewListenView Earnings Details
3/5/2015Q315$0.48$0.68$209.71 million$206.00 millionViewN/AView Earnings Details
12/11/2014Q215$0.54$0.66$218.51 million$229.70 millionViewN/AView Earnings Details
9/4/2014Q115$0.40$0.55$193.70 million$218.10 millionViewN/AView Earnings Details
6/26/2014Q414$0.54$1.25$198.38 million$224.90 millionViewN/AView Earnings Details
3/13/2014Q314$0.39$0.38$174.83 million$189.80 millionViewN/AView Earnings Details
12/5/2013Q2$0.35$0.51$168.77 million$190.90 millionViewListenView Earnings Details
8/29/2013Q1 2014$0.21$0.36$148.90 million$167.30 millionViewN/AView Earnings Details
6/20/2013Q4 2013$0.15$0.27$128.90 million$148.36 millionViewN/AView Earnings Details
2/28/2013Q3 2013$0.02$0.09$107.02 million$122.98 millionViewN/AView Earnings Details
12/6/20120.62$0.62$129.80 millionViewN/AView Earnings Details
8/30/2012Q113$0.01$0.10$118.59 million$118.70 millionViewN/AView Earnings Details
6/28/2012$0.07$0.15ViewN/AView Earnings Details
3/1/2012$0.02$0.11ViewN/AView Earnings Details
12/8/2011$0.05$0.01ViewN/AView Earnings Details
9/1/2011$0.10$0.04ViewN/AView Earnings Details
6/30/2011$0.11$0.16ViewN/AView Earnings Details
3/3/2011$0.10$0.16ViewN/AView Earnings Details
12/9/2010$0.06($0.01)$92.04 million$106.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Methode Electronics (NYSE:MEI)
Current Year EPS Consensus Estimate: $2.30 EPS
Next Year EPS Consensus Estimate: $2.69 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.38$0.47$0.43
Q2 20165$0.49$0.62$0.55
Q3 20162$0.55$0.61$0.58
Q4 20162$0.57$0.68$0.63
Q1 20172$0.49$0.54$0.52
Q2 20173$0.53$0.58$0.56
Q3 20172$0.50$0.54$0.52
Q4 20173$0.62$0.69$0.66
Q1 20182$0.61$0.63$0.62
Q2 20182$0.69$0.73$0.71
Q3 20182$0.64$0.67$0.66
Q4 20182$0.70$0.82$0.76
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Methode Electronics (NYSE:MEI)
Annual Dividend:$0.36
Dividend Yield:1.05%
Dividend Growth:0.90% (3 Year Average)
Payout Ratio:16.67% (Based on Trailing 12 Months of Earnings)
15.65% (Based on Current Year Consensus EPS Estimate)
13.38% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Methode Electronics (NYSE:MEI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/20/2016quarterlyC$0.091.05%10/12/201610/14/201610/28/2016
6/16/2016QuarterlyC$0.097/13/20167/15/20167/29/2016
3/21/2016quarterlyC$0.091.23%4/13/20164/15/20164/29/2016
12/24/2015QuarterlyC$0.091/13/20161/15/20161/29/2016
12/18/2015quarterlyC$0.091.14%1/13/20161/16/20161/30/2016
9/18/2015quarterlyC$0.091.09%10/14/201510/16/201510/30/2015
6/19/2015quarterlyC$0.090.84%7/15/20157/17/20157/31/2015
3/20/2015quarterlyC$0.090.79%4/13/20154/15/20154/29/2015
12/8/2014quarterlyC$0.090.88%1/14/20151/16/20151/30/2015
9/18/2014quarterlyC$0.090.9%10/15/201410/17/201410/31/2014
6/19/2014quarterlyC$0.091.07%7/16/20147/18/20148/1/2014
3/14/2014quarterlyC$0.091.19%4/15/20144/18/20145/2/2014
12/12/2013quarterlyC$0.070.83%1/15/20141/17/20141/31/2014
9/12/2013quarterlyC$0.071.08%10/9/201310/11/201310/25/2013
6/14/2013quarterlyC$0.071.93%7/10/20137/12/20137/26/2013
3/15/2013quarterlyC$0.072.06%4/10/20134/12/20134/26/2013
12/4/2012quarterlyC$0.0712/14/201212/21/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Methode Electronics (NYSE:MEI)
Insider Ownership Percentage: 5.80%
Institutional Ownership Percentage: 92.09%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/27/2016Timothy GlandonVPSell39,183C$35.02C$1,372,188.66View SEC Filing  
9/23/2016Lawrence B SkatoffDirectorSell500C$34.92C$17,460.00View SEC Filing  
9/22/2016Lawrence B SkatoffDirectorSell3,000C$35.00C$105,000.00View SEC Filing  
9/7/2016Isabelle C GoossenDirectorSell3,000C$35.75C$107,250.00View SEC Filing  
8/24/2016Paul G SheltonDirectorSell2,000C$36.99C$73,980.00View SEC Filing  
7/21/2016Paul G SheltonDirectorSell2,000C$34.99C$69,980.00View SEC Filing  
7/1/2016Douglas A KomanCFOSell26,666C$34.37C$916,510.42View SEC Filing  
7/1/2016Ronald L.G. TsoumasTreasurerSell8,057C$33.94C$273,454.58View SEC Filing  
7/1/2016Timothy GlandonVPSell4,000C$34.62C$138,480.00View SEC Filing  
6/30/2016Timothy GlandonVPSell8,000C$33.92C$271,360.00View SEC Filing  
6/29/2016Kill TheodoreVPSell8,000C$32.84C$262,720.00View SEC Filing  
2/12/2016Tumasino SpoletiniDirectorBuy6,500C$0.13C$812.50
12/16/2015Ronald L.G. TsoumasTreasurerSell28,384C$32.01C$908,571.84View SEC Filing  
9/25/2015Walter J AspatoreDirectorSell8,000C$32.08C$256,640.00View SEC Filing  
9/24/2015Walter J. AspatoreDirectorSell11,000C$32.05C$352,550.00View SEC Filing  
9/9/2015Warren L. BattsDirectorBuy30,553C$32.03C$978,612.59View SEC Filing  
9/19/2014Donald W DudaCEOSell66,666C$40.96C$2,730,639.36View SEC Filing  
9/18/2014Kill TheodoreVPSell10,000C$40.59C$405,900.00View SEC Filing  
9/15/2014Kill TheodoreVPSell10,000C$40.02C$400,200.00View SEC Filing  
9/12/2014J Edward ColgateDirectorSell3,000C$40.69C$122,070.00View SEC Filing  
9/11/2014Ronald L.G. TsoumasTreasurerSell2,667C$40.43C$107,826.81View SEC Filing  
9/9/2014Timothy GlandonVPSell36,000C$39.24C$1,412,640.00View SEC Filing  
7/2/2014Donald W DudaCEOSell154,024C$37.36C$5,754,336.64View SEC Filing  
7/2/2014Douglas A KomanCFOSell37,334C$37.34C$1,394,051.56View SEC Filing  
7/2/2014Ronald L.G. TsoumasTreasurerSell17,316C$37.71C$652,986.36View SEC Filing  
7/1/2014Kill TheodoreVPSell14,245C$38.07C$542,307.15View SEC Filing  
3/25/2014Kill TheodoreVPSell3,500C$32.43C$113,505.00View SEC Filing  
3/18/2014Paul SheltonDirectorBuy3,000C$30.14C$90,420.00View SEC Filing  
12/31/2013Douglas KomanCFOSell60,000C$34.13C$2,047,800.00View SEC Filing  
12/31/2013Ronald L.G. TsoumasTreasurerSell8,000C$34.20C$273,600.00View SEC Filing  
12/13/2013Thomas ReynoldsVPSell48,461C$33.74C$1,635,074.14View SEC Filing  
12/12/2013Kill TheodoreVPSell60,000C$34.15C$2,049,000.00View SEC Filing  
12/11/2013Donald DudaCEOSell139,310C$35.13C$4,893,960.30View SEC Filing  
12/11/2013Joseph Elias KhouryVPSell57,000C$34.25C$1,952,250.00View SEC Filing  
12/10/2013Thomas ReynoldsVPSell139,999C$35.07C$4,909,764.93View SEC Filing  
9/4/2013J Edward ColgateDirectorSell4,000C$25.85C$103,400.00View SEC Filing  
7/1/2013Ronald L.G. TsoumasTreasurerBuy3,659C$9.13C$33,406.67View SEC Filing  
6/26/2013Donald W DudaCEOSell25,000C$16.01C$400,250.00View SEC Filing  
6/25/2013Douglas A KomanCFOSell35,000C$15.97C$558,950.00View SEC Filing  
3/14/2013Timothy GlandonVPSell2,500C$13.47C$33,675.00View SEC Filing  
3/14/2013Warren BattsDirectorSell5,000C$13.47C$67,350.00View SEC Filing  
3/6/2013Thomas ReynoldsVPSell30,000C$13.54C$406,200.00View SEC Filing  
12/14/2012Timothy GlandonVPBuy6,826C$8.98C$61,297.48View SEC Filing  
12/13/2012Walter J AspatoreDirectorBuy2,000C$8.87C$17,740.00View SEC Filing  
12/11/2012Paul G SheltonDirectorBuy10,000C$8.89C$88,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Methode Electronics (NYSE:MEI)
DateHeadline
capitalcube.com logoMethode Electronics, Inc. : MEI-US: Dividend Analysis : July 15th, 2016 (record date) : By the numbers : September 28, 2016 (NYSE:MEI)
www.capitalcube.com - September 28 at 5:51 PM
mysmartrend.com logoShares of MEI Up 19.8% Since Uptrend Call on Shares (NYSE:MEI)
www.mysmartrend.com - September 28 at 11:01 AM
streetinsider.com logoForm 4 METHODE ELECTRONICS INC For: Sep 23 Filed by: SKATOFF LAWRENCE B (NYSE:MEI)
www.streetinsider.com - September 28 at 11:01 AM
News IconMethode Electronics Inc. (NYSE:MEI)'s Insider Lawrence Skatoff Sells 500 Shares of the Company - Post News (NYSE:MEI)
www.kentuckypostnews.com - September 27 at 5:58 PM
News IconEarnings Analysis & Update for Methode Electronics, Inc. (NYSE:MEI)? - Frisco Fastball (NYSE:MEI)
friscofastball.com - September 26 at 10:44 AM
News IconWhat is the Sell-side Saying About Methode Electronics, Inc. (NYSE ... - Frisco Fastball (NYSE:MEI)
friscofastball.com - September 23 at 5:44 PM
streetinsider.com logoForm 4 METHODE ELECTRONICS INC For: Sep 21 Filed by: SKATOFF LAWRENCE B (NYSE:MEI)
www.streetinsider.com - September 23 at 10:48 AM
mysmartrend.com logoUptrend Call Working As Methode Electronics Stock Rises 17.6% (MEI) (NYSE:MEI)
www.mysmartrend.com - September 20 at 11:15 AM
publicnow.com logoMethode Electronics' Board Approves Dividend (NYSE:MEI)
www.publicnow.com - September 19 at 6:05 PM
biz.yahoo.com logoMETHODE ELECTRONICS INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vot (NYSE:MEI)
biz.yahoo.com - September 16 at 5:55 PM
capitalcube.com logoETF’s with exposure to Methode Electronics, Inc. : September 15, 2016 (NYSE:MEI)
www.capitalcube.com - September 15 at 4:06 PM
News IconStock Up Over the Past Five Trading Sessions: Methode Electronics, Inc. (NYSE:MEI) - Post News (NYSE:MEI)
www.kentuckypostnews.com - September 13 at 10:56 AM
News IconWhat is the Street Saying About Methode Electronics, Inc. (NYSE ... - Frisco Fastball (NYSE:MEI)
friscofastball.com - September 13 at 10:56 AM
marketwired.com logoMethode Electronics - Data Solutions Group Receives Top Ten Data ... - Marketwired (press release) (NYSE:MEI)
www.marketwired.com - September 12 at 5:53 PM
publicnow.com logoMethode Electronics - Data Solutions Group Receives Top Ten Data Center Solution Provider Distinction for 2016 (NYSE:MEI)
www.publicnow.com - September 12 at 10:46 AM
capitalcube.com logoMethode Electronics, Inc. breached its 50 day moving average in a Bearish Manner : MEI-US : September 12, 2016 (NYSE:MEI)
www.capitalcube.com - September 12 at 10:46 AM
News IconMethode Electronics, Inc. (NYSE:MEI) From The Analysts Point of View (NYSE:MEI)
www.nationaldailypress.com - September 9 at 5:51 PM
News IconPlacing Methode Electronics, Inc. (NYSE:MEI) Shares Under the Microscope - Post News (NYSE:MEI)
www.kentuckypostnews.com - September 9 at 10:50 AM
News IconMethode Electronics, Inc. (NYSE:MEI) From The Analysts Point of View - National Daily Press (NYSE:MEI)
www.nationaldailypress.com - September 9 at 10:50 AM
News IconMethode Electronics Inc. (NYSE: MEI) Stock Rating Reiterated at ... - BNB Daily (blog) (NYSE:MEI)
www.baseball-news-blog.com - September 8 at 9:57 AM
finance.yahoo.com logoMETHODE ELECTRONICS INC Financials (NYSE:MEI)
finance.yahoo.com - September 7 at 6:15 PM
capitalcube.com logoMethode Electronics, Inc. :MEI-US: Earnings Analysis: Q1, 2017 By the Numbers : September 6, 2016 (NYSE:MEI)
www.capitalcube.com - September 6 at 10:51 AM
News IconShares Dropping Lower in Session: Methode Electronics, Inc. (NYSE:MEI) - Post News (NYSE:MEI)
www.kentuckypostnews.com - September 2 at 10:54 AM
benzinga.com logoBaird Says Buy Methode On Any Pullback - Benzinga (NYSE:MEI)
www.benzinga.com - September 2 at 10:54 AM
nasdaq.com logoEarnings Reaction History: Methode Electronics Inc., 60.0% Follow ... - Nasdaq (NYSE:MEI)
www.nasdaq.com - September 2 at 10:54 AM
capitalcube.com logoMethode Electronics, Inc. breached its 50 day moving average in a Bearish Manner : MEI-US : September 2, 2016 (NYSE:MEI)
www.capitalcube.com - September 2 at 10:54 AM
capitalcube.com logoETF’s with exposure to Methode Electronics, Inc. : September 1, 2016 (NYSE:MEI)
www.capitalcube.com - September 1 at 5:57 PM
benzinga.com logoBaird Says Buy Methode On Any Pullback (NYSE:MEI)
www.benzinga.com - September 1 at 9:13 AM
cnbc.com logoMethode beats 1Q profit forecasts (NYSE:MEI)
www.cnbc.com - September 1 at 9:13 AM
publicnow.com logoMethode Electronics, Inc. Reports Fiscal 2017 First-Quarter Sales and Earnings (NYSE:MEI)
www.publicnow.com - September 1 at 9:13 AM
biz.yahoo.com logoMETHODE ELECTRONICS INC Files SEC form 8-K, Financial Statements and Exhibits (NYSE:MEI)
biz.yahoo.com - September 1 at 9:13 AM
biz.yahoo.com logoQ1 2017 Methode Electronics Inc Earnings Release - Before Market Open (NYSE:MEI)
biz.yahoo.com - September 1 at 9:13 AM
stocksdaily.net logoMethode Electronics, Inc. (NYSE:MEI) Held $227.8 In Cash And Short-Term Investments - Stocks Daily (NYSE:MEI)
www.stocksdaily.net - August 29 at 6:01 PM
fidaily.com logoMethode Electronics, Inc. Commo (NYSE:MEI) Trading Down – Insiders Are Buying and Selling (NYSE:MEI)
www.fidaily.com - August 26 at 5:55 PM
News IconMethode dataMate's G.fast SFP transceiver passes K.21 tests (NYSE:MEI)
www.lightwaveonline.com - August 25 at 6:03 PM
publicnow.com logoMethode Electronics to Announce First-Quarter Fiscal 2017 Results on Thursday, September 1, 2016 (NYSE:MEI)
www.publicnow.com - August 25 at 6:03 PM
News IconStock Driving Up to a Recent High: Methode Electronics, Inc. (NYSE:MEI) - Post News (NYSE:MEI)
www.kentuckypostnews.com - August 25 at 11:13 AM
mysmartrend.com logoMethode Electronics Shares Up 25.7% Since SmarTrend's Buy Recommendation (MEI) (NYSE:MEI)
www.mysmartrend.com - August 24 at 5:58 PM
publicnow.com logoMethode dataMate's High Performance Copper Transceiver G.fast Passes K.21 Testing (NYSE:MEI)
www.publicnow.com - August 24 at 9:13 AM
News IconStock Reaching a Recent High: Methode Electronics, Inc. (NYSE:MEI) - Post News (NYSE:MEI)
www.kentuckypostnews.com - August 23 at 6:20 PM
News IconWhat is the Consensus on Methode Electronics, Inc. (NYSE:MEI) Shares? - Post News (NYSE:MEI)
www.kentuckypostnews.com - August 18 at 6:14 PM
mysmartrend.com logoUptrend Call Working As Methode Electronics Stock Rises 23.1% (MEI) (NYSE:MEI)
www.mysmartrend.com - August 17 at 9:12 AM
stocksdaily.net logoMethode Electronics, Inc. (NYSE:MEI) Paid $0.09 As Dividend - Stocks Daily (NYSE:MEI)
www.stocksdaily.net - August 14 at 10:41 AM
nasdaq.com logoCommit To Buy Methode Electronics At $30, Earn 10.9% Annualized Using Options (NYSE:MEI)
www.nasdaq.com - August 11 at 6:29 PM
capitalcube.com logoETF’s with exposure to Methode Electronics, Inc. : August 11, 2016 (NYSE:MEI)
www.capitalcube.com - August 11 at 6:29 PM
mysmartrend.com logoUptrend Call Working As Methode Electronics Stock Rises 23.5% (MEI) (NYSE:MEI)
www.mysmartrend.com - August 9 at 6:22 PM
stocksdaily.net logoMethode Electronics, Inc. (NYSE:MEI) Cash and Short – Term Investments Is Reported At $227.8 Millions - Stocks Daily (NYSE:MEI)
www.stocksdaily.net - August 8 at 6:21 PM
stocksdaily.net logoMethode Electronics, Inc. (NYSE:MEI) Dividend Payout At $0.09 - Stocks Daily (NYSE:MEI)
www.stocksdaily.net - August 6 at 6:15 PM
investornewswire.com logoRatings Watch: Methode Electronics, Inc. (NYSE:MEI) - Investor Newswire (NYSE:MEI)
www.investornewswire.com - August 5 at 9:11 AM
stocksdaily.net logoMethode Electronics, Inc. (NYSE:MEI) Quarterly Dividend At $-13.5 Millions - Stocks Daily (NYSE:MEI)
www.stocksdaily.net - August 1 at 5:56 PM

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Methode Electronics (NYSE:MEI) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff