About Methode Electronics (NYSE:MEI)
Methode 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: Electronic Component
- Sub-Industry: Electronic Manufacturing Services
- Symbol: NYSE:MEI
- CUSIP: 59152020
- Web: www.methode.com
Capitalization:- Market Cap: $1.7 billion
- Outstanding Shares: 36,811,000
Average Prices:- 50 Day Moving Avg: $41.89
- 200 Day Moving Avg: $41.10
- 52 Week Range: $29.85 - $46.40
P/E:- Trailing P/E Ratio: 18.72
- Foreward P/E Ratio: 15.77
- P/E Growth: 1.17
Sales & Book Value:- Annual Revenue: $825.8 million
- Price / Sales: 2.05
- Book Value: $16.01 per share
- Price / Book: 2.88
Dividend:- Annual Dividend: $0.36
- Dividend Yield: 0.8%
Profitability:- EBITDA: $150.8 million
- Net Margins: 11.16%
- Return on Equity: 18.11%
- Return on Assets: 13.68%
Debt:- Debt-to-Equity Ratio: 0.08%
- Current Ratio: 4.32%
- Quick Ratio: 3.81%
Misc:- Average Volume: 202,102 shs.
- Beta: 0.76
- Short Ratio: 1.7
Frequently Asked Questions for Methode Electronics (NYSE:MEI)
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, September 15th. Investors of record on Friday, October 13th will be paid a dividend of $0.09 per share on Friday, October 27th. This represents a $0.36 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Thursday, October 12th. View Methode Electronics' Dividend History.
How were Methode Electronics' earnings last quarter?
Methode Electronics, Inc. (NYSE:MEI) issued its quarterly earnings results on Thursday, August, 31st. The company reported $0.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.48 by $0.12. The firm had revenue of $201.20 million for the quarter, compared to analysts' expectations of $189.40 million. Methode Electronics had a return on equity of 18.11% and a net margin of 11.16%. Methode Electronics's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 EPS. View Methode Electronics' Earnings History.
When will Methode Electronics make its next earnings announcement?
What guidance has Methode Electronics issued on next quarter's earnings?
Methode Electronics issued an update on its FY18 earnings guidance on Thursday, August, 31st. The company provided earnings per share (EPS) guidance of $2.43-2.63 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.45. The company issued revenue guidance of $807-827 million, compared to the consensus revenue estimate of $819.92 million.
Where is Methode Electronics' stock going? Where will Methode Electronics' stock price be in 2017?
3 analysts have issued 12 month target prices for Methode Electronics' shares. Their forecasts range from $46.00 to $49.00. On average, they anticipate Methode Electronics' share price to reach $48.00 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 AVX Corporation (AVX), Kemet Corporation (KEM), CTS Corporation (CTS), Electro Scientific Industries (ESIO), NVE Corporation (NVEC), Bel Fuse (BELFB), Maxwell Technologies (MXWL), Active Energy Group PLC (AEG), Digital Power (DPW), DragonWave, Inc.(USA) (DRWI), E2V Technologies PLC (E2V), Novanta (GSIG) and Teliti International Ltd (TEL).
Who are Methode Electronics' key executives?
Methode Electronics' management team includes the folowing people:
- Walter J. Aspatore, Independent Chairman of the Board
- Donald W. Duda, President, Chief Executive Officer, Director
- John R. Hrudicka, Chief Financial Officer, Vice President - Corporate Finance
- Joseph Elias Khoury, Senior Vice President
- Theodore P. Kill, Vice President - Worldwide Automotive Sales and President of Dabir Surfaces
- Timothy R. Glandon, Vice President
- Martha Goldberg Aronson, Independent Director
- Darren M. Dawson, Independent Director
- Isabelle C. Goossen, Independent Director
- Christopher J. Hornung, Independent Director
Who owns Methode Electronics stock?
Methode Electronics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Eqis Capital Management Inc. (0.01%). Company insiders that own Methode Electronics stock include Christopher J Hornung, Douglas A Koman, Isabelle C Goossen, Joseph Elias Khoury, Kill Theodore, Lawrence B Skatoff, Paul G Shelton, Ronald LG Tsoumas, Timothy Glandon and Tumasino Spoletini. View Institutional Ownership Trends for Methode Electronics.
Who bought Methode Electronics stock? Who is buying Methode Electronics stock?
How do I buy Methode Electronics stock?
Shares of Methode Electronics can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Methode Electronics' stock price today?
One share of Methode Electronics stock can currently be purchased for approximately $46.05.
MarketBeat Community Rating for Methode Electronics (NYSE MEI)MarketBeat's community ratings are surveys of what our community members think about Methode Electronics and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Methode Electronics (NYSE:MEI)Earnings History by Quarter for Methode Electronics (NYSE MEI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/6/2017 | | $0.63 | | | | | N/A |  |
| 8/31/2017 | Q1 2018 | $0.48 | $0.60 | $189.40 million | $201.20 million | View | N/A | |
| 6/22/2017 | Q4 2017 | $0.64 | $0.69 | $214.39 million | $219.70 million | View | N/A | |
| 3/2/2017 | Q3 2017 | $0.53 | $0.63 | $195.23 million | $195.60 million | View | Listen | |
| 12/8/2016 | Q217 | $0.55 | $0.66 | $208.92 million | $209.30 million | View | N/A | |
| 9/1/2016 | Q117 | $0.53 | $0.57 | $203.06 million | $191.90 million | View | N/A | |
| 6/23/2016 | Q416 | $0.52 | $0.60 | $200.07 million | $212.80 million | View | Listen | |
| 3/3/2016 | Q316 | $0.43 | $0.45 | $190.31 million | $184.60 million | View | N/A | |
| 12/10/2015 | Q216 | $0.53 | $0.54 | $213.11 million | $208.40 million | View | Listen | |
| 9/3/2015 | Q116 | $0.54 | $0.60 | $209.23 million | $203.30 million | View | N/A | |
| 6/25/2015 | Q415 | $0.68 | $0.51 | $228.07 million | $227.30 million | View | Listen | |
| 3/5/2015 | Q315 | $0.48 | $0.68 | $209.71 million | $206.00 million | View | N/A | |
| 12/11/2014 | Q215 | $0.55 | $0.66 | $218.51 million | $229.70 million | View | N/A | |
| 9/4/2014 | Q115 | $0.40 | $0.55 | $193.70 million | $218.10 million | View | N/A | |
| 6/26/2014 | Q414 | $0.52 | $0.49 | $198.38 million | $224.90 million | View | N/A | |
| 3/13/2014 | Q314 | $0.39 | $0.38 | $174.83 million | $189.80 million | View | N/A | |
| 12/5/2013 | Q2 | $0.35 | $0.51 | $168.77 million | $190.90 million | View | Listen | |
| 8/29/2013 | Q1 2014 | $0.21 | $0.36 | $148.90 million | $167.30 million | View | N/A | |
| 6/20/2013 | Q4 2013 | $0.15 | $0.27 | $128.90 million | $148.36 million | View | N/A | |
| 2/28/2013 | Q3 2013 | $0.02 | $0.09 | $107.02 million | $122.98 million | View | N/A | |
| 12/6/2012 | 0.62 | | $0.62 | | $129.80 million | View | N/A | |
| 8/30/2012 | Q113 | $0.01 | $0.10 | $118.59 million | $118.70 million | View | N/A | |
| 6/28/2012 | | $0.07 | $0.15 | | | View | N/A | |
| 3/1/2012 | | $0.02 | $0.11 | | | View | N/A | |
| 12/8/2011 | | $0.05 | $0.01 | | | View | N/A | |
| 9/1/2011 | | $0.10 | $0.04 | | | View | N/A | |
| 6/30/2011 | | $0.11 | $0.16 | | | View | N/A | |
| 3/3/2011 | | $0.10 | $0.16 | | | View | N/A | |
| 12/9/2010 | | $0.06 | ($0.01) | $92.04 million | $106.60 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Methode Electronics (NYSE:MEI)2017 EPS Consensus Estimate: $2.23
2018 EPS Consensus Estimate: $2.64
2019 EPS Consensus Estimate: $3.22
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.49 | $0.54 | $0.52 |
| Q2 2017 | 3 | $0.53 | $0.58 | $0.55 |
| Q3 2017 | 2 | $0.48 | $0.54 | $0.51 |
| Q4 2017 | 3 | $0.63 | $0.66 | $0.65 |
| Q1 2018 | 3 | $0.52 | $0.63 | $0.59 |
| Q2 2018 | 3 | $0.61 | $0.70 | $0.65 |
| Q3 2018 | 3 | $0.60 | $0.65 | $0.63 |
| Q4 2018 | 3 | $0.70 | $0.83 | $0.77 |
| Q1 2019 | 1 | $0.72 | $0.72 | $0.72 |
| Q2 2019 | 1 | $0.84 | $0.84 | $0.84 |
| Q3 2019 | 1 | $0.74 | $0.74 | $0.74 |
| Q4 2019 | 1 | $0.92 | $0.92 | $0.92 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Methode Electronics (NYSE:MEI)| Next Dividend: | 10/27/2017 |
| Annual Dividend: | $0.36 |
| Dividend Yield: | 0.78% |
| Dividend Growth: | 19.70% (3 Year Average) |
| Payout Ratio: | 14.63% (Trailing 12 Months of Earnings)
13.95% (Based on This Year's Estimates)
12.33% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Methode Electronics (NYSE MEI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/15/2017 | quarterly | $0.09 | 0.91% | 10/12/2017 | 10/13/2017 | 10/27/2017 |
| 6/16/2017 | quarterly | $0.09 | 0.88% | 7/12/2017 | 7/14/2017 | 7/28/2017 |
| 3/17/2017 | quarterly | $0.09 | 0.78% | 4/11/2017 | 4/14/2017 | 4/28/2017 |
| 12/16/2016 | quarterly | $0.09 | 0.86% | 1/11/2017 | 1/13/2017 | 1/27/2017 |
| 9/20/2016 | quarterly | $0.09 | 1.05% | 10/12/2016 | 10/14/2016 | 10/28/2016 |
| 6/16/2016 | Quarterly | $0.09 | | 7/13/2016 | 7/15/2016 | 7/29/2016 |
| 3/21/2016 | quarterly | $0.09 | 1.23% | 4/13/2016 | 4/15/2016 | 4/29/2016 |
| 12/24/2015 | Quarterly | $0.09 | | 1/13/2016 | 1/15/2016 | 1/29/2016 |
| 12/18/2015 | quarterly | $0.09 | 1.14% | 1/13/2016 | 1/16/2016 | 1/30/2016 |
| 9/18/2015 | quarterly | $0.09 | 1.09% | 10/14/2015 | 10/16/2015 | 10/30/2015 |
| 6/19/2015 | quarterly | $0.09 | 0.84% | 7/15/2015 | 7/17/2015 | 7/31/2015 |
| 3/20/2015 | quarterly | $0.09 | 0.79% | 4/13/2015 | 4/15/2015 | 4/29/2015 |
| 12/8/2014 | quarterly | $0.09 | 0.88% | 1/14/2015 | 1/16/2015 | 1/30/2015 |
| 9/18/2014 | quarterly | $0.09 | 0.9% | 10/15/2014 | 10/17/2014 | 10/31/2014 |
| 6/19/2014 | quarterly | $0.09 | 1.07% | 7/16/2014 | 7/18/2014 | 8/1/2014 |
| 3/14/2014 | quarterly | $0.09 | 1.19% | 4/15/2014 | 4/18/2014 | 5/2/2014 |
| 12/12/2013 | quarterly | $0.07 | 0.83% | 1/15/2014 | 1/17/2014 | 1/31/2014 |
| 9/12/2013 | quarterly | $0.07 | 1.08% | 10/9/2013 | 10/11/2013 | 10/25/2013 |
| 6/14/2013 | quarterly | $0.07 | 1.93% | 7/10/2013 | 7/12/2013 | 7/26/2013 |
| 3/15/2013 | quarterly | $0.07 | 2.06% | 4/10/2013 | 4/12/2013 | 4/26/2013 |
| 12/4/2012 | quarterly | $0.07 | | | 12/14/2012 | 12/21/2012 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Methode Electronics (NYSE:MEI)Insider Ownership Percentage: 4.40%
Institutional Ownership Percentage: 89.82%
Insider Trades by Quarter for Methode Electronics (NYSE:MEI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/20/2016 | Lawrence B Skatoff | Director | Sell | 3,000 | $42.83 | $128,490.00 | |
| 12/19/2016 | Christopher J Hornung | Director | Sell | 100,000 | $42.32 | $4,232,000.00 | |
| 12/12/2016 | Joseph Elias Khoury | VP | Sell | 16,000 | $42.02 | $672,320.00 | |
| 12/8/2016 | Paul G Shelton | Director | Sell | 4,000 | $40.74 | $162,960.00 | |
| 11/25/2016 | Paul G Shelton | Director | Sell | 1,000 | $38.01 | $38,010.00 | |
| 9/27/2016 | Timothy Glandon | VP | Sell | 39,183 | $35.02 | $1,372,188.66 | |
| 9/23/2016 | Lawrence B Skatoff | Director | Sell | 500 | $34.92 | $17,460.00 | |
| 9/22/2016 | Lawrence B Skatoff | Director | Sell | 3,000 | $35.00 | $105,000.00 | |
| 9/7/2016 | Isabelle C Goossen | Director | Sell | 3,000 | $35.75 | $107,250.00 | |
| 8/24/2016 | Paul G Shelton | Director | Sell | 2,000 | $36.99 | $73,980.00 | |
| 7/21/2016 | Paul G Shelton | Director | Sell | 2,000 | $34.99 | $69,980.00 | |
| 7/1/2016 | Douglas A Koman | CFO | Sell | 26,666 | $34.37 | $916,510.42 | |
| 7/1/2016 | Ronald L.G. Tsoumas | Treasurer | Sell | 8,057 | $33.94 | $273,454.58 | |
| 7/1/2016 | Timothy Glandon | VP | Sell | 4,000 | $34.62 | $138,480.00 | |
| 6/30/2016 | Timothy Glandon | VP | Sell | 8,000 | $33.92 | $271,360.00 | |
| 6/29/2016 | Kill Theodore | VP | Sell | 8,000 | $32.84 | $262,720.00 | |
| 2/12/2016 | Tumasino Spoletini | Director | Buy | 6,500 | $0.13 | $812.50 | |
| 12/16/2015 | Ronald L.G. Tsoumas | Treasurer | Sell | 28,384 | $32.01 | $908,571.84 | |
| 9/25/2015 | Walter J Aspatore | Director | Sell | 8,000 | $32.08 | $256,640.00 | |
| 9/24/2015 | Walter J. Aspatore | Director | Sell | 11,000 | $32.05 | $352,550.00 | |
| 9/9/2015 | Warren L. Batts | Director | Buy | 30,553 | $32.03 | $978,612.59 | |
| 9/19/2014 | Donald W Duda | CEO | Sell | 66,666 | $40.96 | $2,730,639.36 | |
| 9/18/2014 | Kill Theodore | VP | Sell | 10,000 | $40.59 | $405,900.00 | |
| 9/15/2014 | Kill Theodore | VP | Sell | 10,000 | $40.02 | $400,200.00 | |
| 9/12/2014 | J Edward Colgate | Director | Sell | 3,000 | $40.69 | $122,070.00 | |
| 9/11/2014 | Ronald L.G. Tsoumas | Treasurer | Sell | 2,667 | $40.43 | $107,826.81 | |
| 9/9/2014 | Timothy Glandon | VP | Sell | 36,000 | $39.24 | $1,412,640.00 | |
| 7/2/2014 | Donald W Duda | CEO | Sell | 154,024 | $37.36 | $5,754,336.64 | |
| 7/2/2014 | Douglas A Koman | CFO | Sell | 37,334 | $37.34 | $1,394,051.56 | |
| 7/2/2014 | Ronald L.G. Tsoumas | Treasurer | Sell | 17,316 | $37.71 | $652,986.36 | |
| 7/1/2014 | Kill Theodore | VP | Sell | 14,245 | $38.07 | $542,307.15 | |
| 3/25/2014 | Kill Theodore | VP | Sell | 3,500 | $32.43 | $113,505.00 | |
| 3/18/2014 | Paul Shelton | Director | Buy | 3,000 | $30.14 | $90,420.00 | |
| 12/31/2013 | Douglas Koman | CFO | Sell | 60,000 | $34.13 | $2,047,800.00 | |
| 12/31/2013 | Ronald L.G. Tsoumas | Treasurer | Sell | 8,000 | $34.20 | $273,600.00 | |
| 12/13/2013 | Thomas Reynolds | VP | Sell | 48,461 | $33.74 | $1,635,074.14 | |
| 12/12/2013 | Kill Theodore | VP | Sell | 60,000 | $34.15 | $2,049,000.00 | |
| 12/11/2013 | Donald Duda | CEO | Sell | 139,310 | $35.13 | $4,893,960.30 | |
| 12/11/2013 | Joseph Elias Khoury | VP | Sell | 57,000 | $34.25 | $1,952,250.00 | |
| 12/10/2013 | Thomas Reynolds | VP | Sell | 139,999 | $35.07 | $4,909,764.93 | |
| 9/4/2013 | J Edward Colgate | Director | Sell | 4,000 | $25.85 | $103,400.00 | |
| 7/1/2013 | Ronald L.G. Tsoumas | Treasurer | Buy | 3,659 | $9.13 | $33,406.67 | |
| 6/26/2013 | Donald W Duda | CEO | Sell | 25,000 | $16.01 | $400,250.00 | |
| 6/25/2013 | Douglas A Koman | CFO | Sell | 35,000 | $15.97 | $558,950.00 | |
| 3/14/2013 | Timothy Glandon | VP | Sell | 2,500 | $13.47 | $33,675.00 | |
| 3/14/2013 | Warren Batts | Director | Sell | 5,000 | $13.47 | $67,350.00 | |
| 3/6/2013 | Thomas Reynolds | VP | Sell | 30,000 | $13.54 | $406,200.00 | |
| 12/14/2012 | Timothy Glandon | VP | Buy | 6,826 | $8.98 | $61,297.48 | |
| 12/13/2012 | Walter J Aspatore | Director | Buy | 2,000 | $8.87 | $17,740.00 | |
| 12/11/2012 | Paul G Shelton | Director | Buy | 10,000 | $8.89 | $88,900.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Methode Electronics (NYSE:MEI)
Latest Headlines for Methode Electronics (NYSE:MEI)
| Source: |
|
Loading headlines, please wait.
Methode Electronics (MEI) Chart for Monday, October, 23, 2017
