Log in

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

$40.74
+0.04 (+0.10 %)
(As of 12/12/2019 04:02 AM ET)
Today's Range
$40.58
Now: $40.74
$41.01
50-Day Range
$33.42
MA: $36.56
$40.96
52-Week Range
$20.99
Now: $40.74
$41.31
Volume139,700 shs
Average Volume229,668 shs
Market Capitalization$1.51 billion
P/E Ratio13.76
Dividend Yield1.08%
Beta1.5
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. Read More…

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$1.00 billion
Cash Flow$4.17 per share
Book Value$18.65 per share

Profitability

Net Income$91.60 million

Miscellaneous

Employees6,187
Market Cap$1.51 billion
Next Earnings Date3/5/2020 (Estimated)
OptionableOptionable

Receive MEI News and Ratings via Email

Sign-up to receive the latest news and ratings for MEI and its competitors with MarketBeat's FREE daily newsletter.


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 Thursday, September 12th. Shareholders of record on Friday, October 11th will be given a dividend of $0.11 per share on Friday, October 25th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Thursday, October 10th. View Methode Electronics' Dividend History.

How were Methode Electronics' earnings last quarter?

Methode Electronics Inc. (NYSE:MEI) released its quarterly earnings data on Thursday, December, 5th. The electronics maker reported $0.63 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.76 by $0.13. The electronics maker had revenue of $257.20 million for the quarter, compared to the consensus estimate of $281.89 million. Methode Electronics had a net margin of 10.13% and a return on equity of 15.27%. The company's revenue was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.75 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 5th 2020. View Earnings Estimates for Methode Electronics.

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

Methode Electronics issued an update on its FY20 earnings guidance on Thursday, December, 5th. The company provided earnings per share (EPS) guidance of $3.25-3.55 for the period, compared to the Thomson Reuters consensus estimate of $3.36. The company issued revenue guidance of $1.10-1.13 billion, compared to the consensus revenue estimate of $1.13 billion.

What price target have analysts set for MEI?

3 analysts have issued 12 month price objectives for Methode Electronics' shares. Their forecasts range from $42.00 to $43.00. On average, they anticipate Methode Electronics' share price to reach $42.33 in the next twelve months. This suggests a possible upside of 3.9% 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?

Media coverage about MEI stock has trended negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Methode Electronics earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the electronics maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Methode Electronics.

Are investors shorting Methode Electronics?

Methode Electronics saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 652,700 shares, an increase of 9.6% from the September 30th total of 595,400 shares. Based on an average daily trading volume, of 215,200 shares, the short-interest ratio is presently 3.0 days. Currently, 1.8% of the company's shares are sold short. View Methode Electronics' Current Options Chain.

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), QUALCOMM (QCOM), Nike (NKE), Broadcom (AVGO), Cisco Systems (CSCO), Micron Technology (MU), Walt Disney (DIS), Netflix (NFLX), Boeing (BA) and Alibaba Group (BABA).

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 institutional and retail investors. Top institutional shareholders include State Street Corp (3.06%), Systematic Financial Management LP (1.49%), Tributary Capital Management LLC (1.33%), Wedge Capital Management L L P NC (1.33%), Massachusetts Financial Services Co. MA (1.29%) and Millennium Management LLC (1.08%). Company insiders that own Methode Electronics stock include Amit N Patel, Bruce K Crowther, 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 institutional investors are selling Methode Electronics stock?

MEI stock was sold by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, State Street Corp, Tributary Capital Management LLC, Russell Investments Group Ltd., Comerica Bank, Janney Montgomery Scott LLC, Municipal Employees Retirement System of Michigan and Systematic Financial Management LP. 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 Massachusetts Financial Services Co. MA, Millennium Management LLC, Phocas Financial Corp., Winmill & CO. Inc., Lisanti Capital Growth LLC, Bridge City Capital LLC, California Public Employees Retirement System and Barclays PLC. Company insiders that have bought Methode Electronics stock in the last two years include Amit N Patel, Bruce K Crowther, 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, Robinhood, Fidelity and Charles Schwab.

What is Methode Electronics' stock price today?

One share of MEI stock can currently be purchased for approximately $40.74.

How big of a company is Methode Electronics?

Methode Electronics has a market capitalization of $1.51 billion and generates $1.00 billion in revenue each year. The electronics maker earns $91.60 million in net income (profit) each year or $2.96 on an earnings per share basis. Methode Electronics employs 6,187 workers across the globe.View Additional Information About Methode Electronics.

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, 60631. 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:  2.3 out of 5 (star star)
Outperform Votes:  420 (Vote Outperform)
Underperform Votes:  477 (Vote Underperform)
Total Votes:  897
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 12/12/2019 by MarketBeat.com Staff

Featured Article: Leveraged Buyout (LBO)

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel