Methode Electronics Company Profile (NYSE:MEI)

About Methode Electronics (NYSE:MEI)

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: 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?

Methode Electronics is scheduled to release their next quarterly earnings announcement on Wednesday, December, 6th 2017. View Earnings Estimates for Methode Electronics.

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?

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?

Methode Electronics' stock was acquired by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc.. View Insider Buying and Selling for Methode Electronics.

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)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  248 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  525
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.

Analyst Ratings

Consensus Ratings for Methode Electronics (NYSE:MEI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $48.00 (4.23% upside)
Consensus Price Target History for Methode Electronics (NYSE:MEI)
Price Target History for Methode Electronics (NYSE:MEI)
Analysts' Ratings History for Methode Electronics (NYSE:MEI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Robert W. BairdReiterated RatingBuy$46.00N/AView Rating Details
8/31/2017FBR & CoReiterated RatingBuyHighView Rating Details
6/28/2017B. RileyReiterated RatingBuy$49.00LowView Rating Details
9/2/2016Craig HallumDowngradeBuy -> Hold$37.00N/AView Rating Details
4/4/2016Dundee SecuritiesBoost Price TargetC$0.15 -> C$0.20N/AView Rating Details
3/9/2016Canaccord GenuityLower Price TargetHoldC$0.45 -> C$0.25N/AView Rating Details
1/6/2016TD SecuritiesDowngradeHold -> ReduceC$0.20 -> C$0.10N/AView Rating Details
12/3/2015National Bank FinancialLower Price TargetSector PerformC$0.40 -> C$0.30N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Methode Electronics (NYSE:MEI)
Earnings by Quarter for Methode Electronics (NYSE:MEI)
Earnings History by Quarter for Methode Electronics (NYSE MEI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/6/2017$0.63N/AView Earnings Details
8/31/2017Q1 2018$0.48$0.60$189.40 million$201.20 millionViewN/AView Earnings Details
6/22/2017Q4 2017$0.64$0.69$214.39 million$219.70 millionViewN/AView Earnings Details
3/2/2017Q3 2017$0.53$0.63$195.23 million$195.60 millionViewListenView Earnings Details
12/8/2016Q217$0.55$0.66$208.92 million$209.30 millionViewN/AView Earnings Details
9/1/2016Q117$0.53$0.57$203.06 million$191.90 millionViewN/AView Earnings Details
6/23/2016Q416$0.52$0.60$200.07 million$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$228.07 million$227.30 millionViewListenView Earnings Details
3/5/2015Q315$0.48$0.68$209.71 million$206.00 millionViewN/AView Earnings Details
12/11/2014Q215$0.55$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$0.52$0.49$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)
2017 EPS Consensus Estimate: $2.23
2018 EPS Consensus Estimate: $2.64
2019 EPS Consensus Estimate: $3.22
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.49$0.54$0.52
Q2 20173$0.53$0.58$0.55
Q3 20172$0.48$0.54$0.51
Q4 20173$0.63$0.66$0.65
Q1 20183$0.52$0.63$0.59
Q2 20183$0.61$0.70$0.65
Q3 20183$0.60$0.65$0.63
Q4 20183$0.70$0.83$0.77
Q1 20191$0.72$0.72$0.72
Q2 20191$0.84$0.84$0.84
Q3 20191$0.74$0.74$0.74
Q4 20191$0.92$0.92$0.92
(Data provided by Zacks Investment Research)

Dividends

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 Payments by Quarter for Methode Electronics (NYSE:MEI)

Dividend History by Quarter for Methode Electronics (NYSE MEI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2017quarterly$0.090.91%10/12/201710/13/201710/27/2017
6/16/2017quarterly$0.090.88%7/12/20177/14/20177/28/2017
3/17/2017quarterly$0.090.78%4/11/20174/14/20174/28/2017
12/16/2016quarterly$0.090.86%1/11/20171/13/20171/27/2017
9/20/2016quarterly$0.091.05%10/12/201610/14/201610/28/2016
6/16/2016Quarterly$0.097/13/20167/15/20167/29/2016
3/21/2016quarterly$0.091.23%4/13/20164/15/20164/29/2016
12/24/2015Quarterly$0.091/13/20161/15/20161/29/2016
12/18/2015quarterly$0.091.14%1/13/20161/16/20161/30/2016
9/18/2015quarterly$0.091.09%10/14/201510/16/201510/30/2015
6/19/2015quarterly$0.090.84%7/15/20157/17/20157/31/2015
3/20/2015quarterly$0.090.79%4/13/20154/15/20154/29/2015
12/8/2014quarterly$0.090.88%1/14/20151/16/20151/30/2015
9/18/2014quarterly$0.090.9%10/15/201410/17/201410/31/2014
6/19/2014quarterly$0.091.07%7/16/20147/18/20148/1/2014
3/14/2014quarterly$0.091.19%4/15/20144/18/20145/2/2014
12/12/2013quarterly$0.070.83%1/15/20141/17/20141/31/2014
9/12/2013quarterly$0.071.08%10/9/201310/11/201310/25/2013
6/14/2013quarterly$0.071.93%7/10/20137/12/20137/26/2013
3/15/2013quarterly$0.072.06%4/10/20134/12/20134/26/2013
12/4/2012quarterly$0.0712/14/201212/21/2012
(Data available from 1/1/2013 forward)

Insider Trades

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)
Institutional Ownership by Quarter for Methode Electronics (NYSE:MEI)
Insider Trades by Quarter for Methode Electronics (NYSE:MEI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/20/2016Lawrence B SkatoffDirectorSell3,000$42.83$128,490.00View SEC Filing  
12/19/2016Christopher J HornungDirectorSell100,000$42.32$4,232,000.00View SEC Filing  
12/12/2016Joseph Elias KhouryVPSell16,000$42.02$672,320.00View SEC Filing  
12/8/2016Paul G SheltonDirectorSell4,000$40.74$162,960.00View SEC Filing  
11/25/2016Paul G SheltonDirectorSell1,000$38.01$38,010.00View SEC Filing  
9/27/2016Timothy GlandonVPSell39,183$35.02$1,372,188.66View SEC Filing  
9/23/2016Lawrence B SkatoffDirectorSell500$34.92$17,460.00View SEC Filing  
9/22/2016Lawrence B SkatoffDirectorSell3,000$35.00$105,000.00View SEC Filing  
9/7/2016Isabelle C GoossenDirectorSell3,000$35.75$107,250.00View SEC Filing  
8/24/2016Paul G SheltonDirectorSell2,000$36.99$73,980.00View SEC Filing  
7/21/2016Paul G SheltonDirectorSell2,000$34.99$69,980.00View SEC Filing  
7/1/2016Douglas A KomanCFOSell26,666$34.37$916,510.42View SEC Filing  
7/1/2016Ronald L.G. TsoumasTreasurerSell8,057$33.94$273,454.58View SEC Filing  
7/1/2016Timothy GlandonVPSell4,000$34.62$138,480.00View SEC Filing  
6/30/2016Timothy GlandonVPSell8,000$33.92$271,360.00View SEC Filing  
6/29/2016Kill TheodoreVPSell8,000$32.84$262,720.00View SEC Filing  
2/12/2016Tumasino SpoletiniDirectorBuy6,500$0.13$812.50
12/16/2015Ronald L.G. TsoumasTreasurerSell28,384$32.01$908,571.84View SEC Filing  
9/25/2015Walter J AspatoreDirectorSell8,000$32.08$256,640.00View SEC Filing  
9/24/2015Walter J. AspatoreDirectorSell11,000$32.05$352,550.00View SEC Filing  
9/9/2015Warren L. BattsDirectorBuy30,553$32.03$978,612.59View SEC Filing  
9/19/2014Donald W DudaCEOSell66,666$40.96$2,730,639.36View SEC Filing  
9/18/2014Kill TheodoreVPSell10,000$40.59$405,900.00View SEC Filing  
9/15/2014Kill TheodoreVPSell10,000$40.02$400,200.00View SEC Filing  
9/12/2014J Edward ColgateDirectorSell3,000$40.69$122,070.00View SEC Filing  
9/11/2014Ronald L.G. TsoumasTreasurerSell2,667$40.43$107,826.81View SEC Filing  
9/9/2014Timothy GlandonVPSell36,000$39.24$1,412,640.00View SEC Filing  
7/2/2014Donald W DudaCEOSell154,024$37.36$5,754,336.64View SEC Filing  
7/2/2014Douglas A KomanCFOSell37,334$37.34$1,394,051.56View SEC Filing  
7/2/2014Ronald L.G. TsoumasTreasurerSell17,316$37.71$652,986.36View SEC Filing  
7/1/2014Kill TheodoreVPSell14,245$38.07$542,307.15View SEC Filing  
3/25/2014Kill TheodoreVPSell3,500$32.43$113,505.00View SEC Filing  
3/18/2014Paul SheltonDirectorBuy3,000$30.14$90,420.00View SEC Filing  
12/31/2013Douglas KomanCFOSell60,000$34.13$2,047,800.00View SEC Filing  
12/31/2013Ronald L.G. TsoumasTreasurerSell8,000$34.20$273,600.00View SEC Filing  
12/13/2013Thomas ReynoldsVPSell48,461$33.74$1,635,074.14View SEC Filing  
12/12/2013Kill TheodoreVPSell60,000$34.15$2,049,000.00View SEC Filing  
12/11/2013Donald DudaCEOSell139,310$35.13$4,893,960.30View SEC Filing  
12/11/2013Joseph Elias KhouryVPSell57,000$34.25$1,952,250.00View SEC Filing  
12/10/2013Thomas ReynoldsVPSell139,999$35.07$4,909,764.93View SEC Filing  
9/4/2013J Edward ColgateDirectorSell4,000$25.85$103,400.00View SEC Filing  
7/1/2013Ronald L.G. TsoumasTreasurerBuy3,659$9.13$33,406.67View SEC Filing  
6/26/2013Donald W DudaCEOSell25,000$16.01$400,250.00View SEC Filing  
6/25/2013Douglas A KomanCFOSell35,000$15.97$558,950.00View SEC Filing  
3/14/2013Timothy GlandonVPSell2,500$13.47$33,675.00View SEC Filing  
3/14/2013Warren BattsDirectorSell5,000$13.47$67,350.00View SEC Filing  
3/6/2013Thomas ReynoldsVPSell30,000$13.54$406,200.00View SEC Filing  
12/14/2012Timothy GlandonVPBuy6,826$8.98$61,297.48View SEC Filing  
12/13/2012Walter J AspatoreDirectorBuy2,000$8.87$17,740.00View SEC Filing  
12/11/2012Paul G SheltonDirectorBuy10,000$8.89$88,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Methode Electronics (MEI) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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