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

$37.31
-0.79 (-2.07 %)
(As of 01/27/2020 06:00 AM ET)
Today's Range
$37.25
Now: $37.31
$38.35
50-Day Range
$37.31
MA: $39.39
$40.96
52-Week Range
$24.33
Now: $37.31
$41.70
Volume186,780 shs
Average Volume145,270 shs
Market Capitalization$1.38 billion
P/E Ratio13.33
Dividend Yield1.15%
Beta1.49
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$4.11 per share
Book Value$18.65 per share

Profitability

Net Income$91.60 million

Miscellaneous

Employees6,187
Market Cap$1.38 billion
Next Earnings Date3/5/2020 (Estimated)
OptionableOptionable

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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, December 13th. Shareholders of record on Friday, January 17th will be given a dividend of $0.11 per share on Friday, January 31st. This represents a $0.44 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend is Thursday, January 16th. View Methode Electronics' Dividend History.

How were Methode Electronics' earnings last quarter?

Methode Electronics Inc. (NYSE:MEI) issued its quarterly earnings data on Thursday, December, 5th. The electronics maker reported $0.63 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.76 by $0.13. The electronics maker earned $257.20 million during the quarter, compared to analysts' expectations of $281.89 million. Methode Electronics had a net margin of 10.13% and a return on equity of 15.27%. Methode Electronics's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.75 earnings per share. 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 EPS guidance of $3.25-3.55 for the period, compared to the Thomson Reuters consensus earnings per share 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 1 year target prices for Methode Electronics' shares. Their forecasts range from $42.00 to $43.00. On average, they anticipate Methode Electronics' stock price to reach $42.33 in the next year. This suggests a possible upside of 13.5% 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 stories about MEI stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Methode Electronics earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave headlines about the electronics maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Methode Electronics.

Are investors shorting Methode Electronics?

Methode Electronics saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 623,900 shares, a drop of 12.6% from the December 31st total of 714,100 shares. Based on an average daily trading volume, of 190,200 shares, the short-interest ratio is presently 3.3 days. Approximately 1.8% of the company's shares are short sold. 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), Twitter (TWTR), Wells Fargo & Co (WFC), Broadcom (AVGO), Cisco Systems (CSCO), Walt Disney (DIS), Verizon Communications (VZ) 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 variety of of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (1.31%), Tributary Capital Management LLC (1.29%), New York State Teachers Retirement System (0.29%), First National Bank of Omaha (0.08%), State of Alaska Department of Revenue (0.08%) and Bowling Portfolio Management LLC (0.07%). Company insiders that own Methode Electronics stock include Amit N Patel, Bruce K Crowther, Christopher J Hornung, Donald W Duda, Isabelle C Goossen, 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 Tributary Capital Management LLC, Wedge Capital Management L L P NC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. 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 Bowling Portfolio Management LLC, Strs Ohio, New York State Teachers Retirement System, Campbell & CO Investment Adviser LLC, Optimum Investment Advisors, First National Bank of Omaha and Nisa Investment Advisors LLC. 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 $37.31.

How big of a company is Methode Electronics?

Methode Electronics has a market capitalization of $1.38 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:  2.4 out of 5 (star star)
Outperform Votes:  439 (Vote Outperform)
Underperform Votes:  494 (Vote Underperform)
Total Votes:  933
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 1/27/2020 by MarketBeat.com Staff

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