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

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$26.76 -0.70 (-2.55 %)
(As of 05/21/2019 01:06 AM ET)
Previous Close$27.46
Today's Range$26.67 - $27.24
52-Week Range$20.99 - $45.45
Volume143,055 shs
Average Volume241,343 shs
Market Capitalization$989.75 million
P/E Ratio8.92
Dividend Yield1.60%
Beta1.43
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

Industry Electronic connectors
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
CUSIP59152020
Phone708-867-6777

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$908.30 million
Cash Flow$3.7218 per share
Book Value$17.09 per share

Profitability

Net Income$57.20 million

Miscellaneous

Employees5,056
Market Cap$989.75 million
Next Earnings Date6/20/2019 (Estimated)
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 declared a quarterly dividend on Monday, March 18th. Shareholders of record on Friday, April 12th will be given a dividend of $0.11 per share on Friday, April 26th. This represents a $0.44 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend is Thursday, April 11th. View Methode Electronics' Dividend History.

How were Methode Electronics' earnings last quarter?

Methode Electronics Inc. (NYSE:MEI) announced its quarterly earnings results on Thursday, March, 7th. The electronics maker reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.23. The electronics maker had revenue of $246.90 million for the quarter, compared to analysts' expectations of $259.29 million. Methode Electronics had a net margin of 10.76% and a return on equity of 18.64%. The firm's revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.65 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, June 20th 2019. View Earnings Estimates for Methode Electronics.

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

Methode Electronics issued an update on its FY19 earnings guidance on Thursday, March, 7th. The company provided earnings per share guidance of $2.50-2.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.59. The company issued revenue guidance of lower end of $1.0-1.04 billion, compared to the consensus revenue estimate of $1.02 billion.Methode Electronics also updated its FY 2019 guidance to $2.50-2.67 EPS.

What price target have analysts set for MEI?

3 Wall Street analysts have issued 1 year price objectives for Methode Electronics' stock. Their predictions range from $42.00 to $44.00. On average, they anticipate Methode Electronics' share price to reach $42.6667 in the next year. This suggests a possible upside of 59.4% from the stock's current price. View Analyst Price Targets for Methode Electronics.

What is the consensus analysts' recommendation for Methode Electronics?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methode Electronics in the last year. There are currently 3 buy ratings 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 headlines about MEI stock have trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Methode Electronics earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news coverage about the electronics maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Methode Electronics' key competitors?

What other stocks do shareholders of Methode Electronics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Methode Electronics investors own include Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), Nike (NKE), Alibaba Group (BABA), Walt Disney (DIS), Cisco Systems (CSCO), Netflix (NFLX), Twitter (TWTR) and Applied Materials (AMAT).

Who are Methode Electronics' key executives?

Methode Electronics' management team includes the folowing people:
  • Mr. Donald W. Duda, Pres, CEO & Director (Age 64)
  • Mr. Ronald L.G. Tsoumas, VP of Corp. Fin. & CFO (Age 58)
  • Mr. Joseph E. Khoury, Chief Operating Officer (Age 55)
  • Ms. Andrea Jean Barry, Chief HR Officer (Age 56)
  • Mr. Theodore P. Kill, Consultant (Age 68)

Who are Methode Electronics' major shareholders?

Methode Electronics' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.58%), Dimensional Fund Advisors LP (5.59%), LSV Asset Management (3.76%), Royce & Associates LP (2.31%), Renaissance Technologies LLC (2.14%) and Thompson Siegel & Walmsley LLC (1.61%). Company insiders that own Methode Electronics stock include Amit N Patel, Bruno P Geremia, Christopher J Hornung, Donald W Duda, Isabelle C Goossen, Joseph Elias Khoury, Lawrence B Skatoff and Ronald LG Tsoumas. 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 Thompson Siegel & Walmsley LLC, Formula Growth Ltd., Renaissance Technologies LLC, Wedge Capital Management L L P NC, Kennedy Capital Management Inc., Los Angeles Capital Management & Equity Research Inc., Jacobs Levy Equity Management Inc. and Voya Investment Management LLC. Company insiders that have sold Methode Electronics company stock in the last year include Isabelle C Goossen and Lawrence B Skatoff. View Insider Buying and Selling for Methode Electronics.

Which major investors are buying Methode Electronics stock?

MEI stock was purchased by a variety of institutional investors in the last quarter, including THB Asset Management, Roubaix Capital LLC, Tributary Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, LSV Asset Management, Van Den Berg Management I Inc. and Loomis Sayles & Co. L P. Company insiders that have bought Methode Electronics stock in the last two years include Amit N Patel, Bruno P Geremia, Christopher J Hornung, Donald W Duda and Ronald LG Tsoumas. 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 $26.76.

How big of a company is Methode Electronics?

Methode Electronics has a market capitalization of $989.75 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 8750 WEST BRYN MAWR AVENUE SUITE 1000, 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:  368 (Vote Outperform)
Underperform Votes:  409 (Vote Underperform)
Total Votes:  777
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 5/21/2019 by MarketBeat.com Staff

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