NYSE:MEI - Methode Electronics Stock Price, News, & Analysis

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$23.47 -0.32 (-1.35 %)
(As of 12/12/2018 02:53 AM ET)
Previous Close$23.79
Today's Range$22.75 - $24.21
52-Week Range$22.75 - $45.45
Volume695,482 shs
Average Volume229,850 shs
Market Capitalization$888.03 million
P/E Ratio7.82
Dividend Yield1.83%
Beta1.21
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 light-emitting diode based lighting 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electronic connectors
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Current SymbolNYSE:MEI
Previous Symbol
CUSIP59152020
Phone708-867-6777

Debt

Debt-to-Equity Ratio0.53
Current Ratio2.56
Quick Ratio1.94

Price-To-Earnings

Trailing P/E Ratio7.82
Forward P/E Ratio8.99
P/E GrowthN/A

Sales & Book Value

Annual Sales$908.30 million
Price / Sales0.96
Cash Flow$3.7373 per share
Price / Cash Flow6.28
Book Value$17.09 per share
Price / Book1.37

Profitability

EPS (Most Recent Fiscal Year)$3.00
Net Income$57.20 million
Net Margins5.27%
Return on Equity19.33%
Return on Assets12.02%

Miscellaneous

Employees5,056
Outstanding Shares36,990,000
Market Cap$888.03 million
OptionableOptionable

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 announced a quarterly dividend on Friday, September 14th. Stockholders of record on Friday, October 12th will be given a dividend of $0.11 per share on Friday, October 26th. This represents a $0.44 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Thursday, October 11th. 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, 6th. The electronics maker reported $0.75 EPS for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.08. The electronics maker earned $264 million during the quarter, compared to analysts' expectations of $269.57 million. Methode Electronics had a return on equity of 19.33% and a net margin of 5.27%. Methode Electronics's revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 EPS. View Methode Electronics' Earnings History.

When is Methode Electronics' next earnings date?

Methode Electronics is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Methode Electronics.

What guidance has Methode Electronics issued on next quarter's earnings?

Methode Electronics updated its FY19 earnings guidance on Thursday, December, 6th. The company provided earnings per share (EPS) guidance of $2.02-2.33 for the period, compared to the Thomson Reuters consensus estimate of $2.67. The company issued revenue guidance of $1.0-1.04 billion, compared to the consensus revenue estimate of $1.06 billion.Methode Electronics also updated its FY 2019 guidance to $2.02-2.33 EPS.

What price target have analysts set for MEI?

2 brokerages have issued 1 year price objectives for Methode Electronics' stock. Their forecasts range from $25.00 to $31.59. On average, they anticipate Methode Electronics' share price to reach $28.2950 in the next year. This suggests a possible upside of 20.6% from the stock's current price. View Analyst Price Targets for Methode Electronics.

What is the consensus analysts' recommendation for Methode Electronics?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methode Electronics in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Methode Electronics.

Has Methode Electronics been receiving favorable news coverage?

News coverage about MEI stock has been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Methode Electronics earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned press coverage about the electronics maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Methode Electronics' key competitors?

Who are Methode Electronics' key executives?

Methode Electronics' management team includes the folowing people:
  • Mr. Donald W. Duda, Pres, CEO & Director (Age 63)
  • Mr. Ronald L.G. Tsoumas, VP of Corp. Fin. & CFO (Age 57)
  • Mr. Joseph E. Khoury, Chief Operating Officer (Age 54)
  • Ms. Andrea Jean Barry, Chief HR Officer (Age 55)
  • Mr. Theodore P. Kill, Consultant (Age 67)

Who are Methode Electronics' major shareholders?

Methode Electronics' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.28%), Vanguard Group Inc. (9.84%), Royce & Associates LP (4.07%), LSV Asset Management (3.16%), Bank of New York Mellon Corp (2.25%) and Renaissance Technologies LLC (1.95%). Company insiders that own Methode Electronics stock include Bruno P Geremia, Christopher J Hornung, Isabelle C Goossen, Joseph Elias Khoury, Lawrence B Skatoff and Rodger Dean Perry. View Institutional Ownership Trends for Methode Electronics.

Which institutional investors are selling Methode Electronics stock?

MEI stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Bank of New York Mellon Corp, JPMorgan Chase & Co., JPMorgan Chase & Co., Renaissance Technologies LLC, Thrivent Financial for Lutherans, Allianz Asset Management GmbH and AQR Capital Management 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 institutional investors are buying Methode Electronics stock?

MEI stock was bought by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Royce & Associates LP, BlackRock Inc., Thompson Siegel & Walmsley LLC, LSV Asset Management, Vanguard Group Inc., Investment Counselors of Maryland LLC and Matarin Capital Management LLC. 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 $23.47.

How big of a company is Methode Electronics?

Methode Electronics has a market capitalization of $888.03 million and generates $908.30 million in revenue each year. The electronics maker earns $57.20 million in net income (profit) each year or $3.00 on an earnings per share basis. Methode Electronics employs 5,056 workers across the globe.

What is Methode Electronics' official website?

The official website for Methode Electronics is http://www.methode.com.

How can I contact Methode Electronics?

Methode Electronics' mailing address is 7401 W WILSON AVE, 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 (NYSE MEI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  335 (Vote Outperform)
Underperform Votes:  373 (Vote Underperform)
Total Votes:  708
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.
This page was last updated on 12/12/2018 by MarketBeat.com Staff

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