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

$32.27
-0.88 (-2.65 %)
(As of 02/26/2020 01:09 AM ET)
Today's Range
$32.24
Now: $32.27
$33.34
50-Day Range
$32.27
MA: $35.80
$39.19
52-Week Range
$24.33
Now: $32.27
$41.70
Volume315,700 shs
Average Volume167,459 shs
Market Capitalization$1.20 billion
P/E Ratio11.53
Dividend Yield1.33%
Beta1.55
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$3.98 per share
Book Value$18.65 per share

Profitability

Net Income$91.60 million

Miscellaneous

Employees6,187
Market Cap$1.20 billion
Next Earnings Date3/5/2020 (Confirmed)
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. Stockholders of record on Friday, January 17th will be paid a dividend of $0.11 per share on Friday, January 31st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.36%. 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) released its earnings results on Thursday, December, 5th. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, missing the Zacks' 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% on a year-over-year basis. During the same period in the previous year, the business posted $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.

How can I listen to Methode Electronics' earnings call?

Methode Electronics will be holding an earnings conference call on Thursday, March 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 EPS 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 twelve-month price targets for Methode Electronics' stock. Their forecasts range from $42.00 to $43.00. On average, they anticipate Methode Electronics' share price to reach $42.33 in the next year. This suggests a possible upside of 31.2% 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 been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Methode Electronics earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned news articles about the electronics maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Methode Electronics.

Are investors shorting Methode Electronics?

Methode Electronics saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 547,500 shares, a decline of 12.2% from the January 15th total of 623,900 shares. Based on an average daily trading volume, of 195,500 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.5% of the shares of the stock 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), Cisco Systems (CSCO), QUALCOMM (QCOM), Nike (NKE), Twitter (TWTR), Verizon Communications (VZ), Wells Fargo & Co (WFC), Broadcom (AVGO), Walt Disney (DIS) and Pfizer (PFE).

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 many different of institutional and retail investors. Top institutional investors include LSV Asset Management (4.72%), State Street Corp (3.08%), Investment Counselors of Maryland LLC (2.68%), Ariel Investments LLC (2.31%), Bank of New York Mellon Corp (1.48%) and Renaissance Technologies LLC (1.46%). 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 major investors are selling Methode Electronics stock?

MEI stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Renaissance Technologies LLC, NWQ Investment Management Company LLC, Bank of New York Mellon Corp, Hotchkis & Wiley Capital Management LLC, Ariel Investments LLC, Bank of America Corp DE and Barclays PLC. View Insider Buying and Selling for Methode Electronics.

Which major investors are buying Methode Electronics stock?

MEI stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Goldman Sachs Group Inc., Geode Capital Management LLC, 1492 Capital Management LLC, Resonant Capital Advisors LLC, Thrivent Financial for Lutherans, Great West Life Assurance Co. Can and Amundi Pioneer Asset Management Inc.. 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 $32.27.

How big of a company is Methode Electronics?

Methode Electronics has a market capitalization of $1.20 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:  456 (Vote Outperform)
Underperform Votes:  512 (Vote Underperform)
Total Votes:  968
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 2/26/2020 by MarketBeat.com Staff

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