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

$27.34
-0.70 (-2.50 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$27.06
Now: $27.34
$28.46
50-Day Range
$25.71
MA: $28.17
$30.57
52-Week Range
$20.99
Now: $27.34
$41.05
Volume223,992 shs
Average Volume178,011 shs
Market Capitalization$1.01 billion
P/E Ratio9.24
Dividend Yield1.57%
Beta1.47
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$4.0867 per share
Book Value$18.65 per share

Profitability

Net Income$91.60 million

Miscellaneous

Employees6,187
Market Cap$1.01 billion
Next Earnings Date8/29/2019 (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 Monday, June 17th. Shareholders of record on Friday, July 12th will be paid a dividend of $0.11 per share on Friday, July 26th. This represents a $0.44 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Thursday, July 11th. View Methode Electronics' Dividend History.

How were Methode Electronics' earnings last quarter?

Methode Electronics Inc. (NYSE:MEI) issued its quarterly earnings data on Thursday, June, 20th. The electronics maker reported $0.62 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.70 by $0.08. The electronics maker earned $266 million during the quarter, compared to analysts' expectations of $274.36 million. Methode Electronics had a net margin of 9.16% and a return on equity of 16.20%. The firm's quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $0.98 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, August 29th 2019. 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, August 29th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8443698770.

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

Methode Electronics updated its FY20 earnings guidance on Thursday, June, 20th. The company provided EPS guidance of $3.25-3.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.57. The company issued revenue guidance of $1.13-1.17 billion, compared to the consensus revenue estimate of $1.13 billion.

What price target have analysts set for MEI?

3 Wall Street analysts have issued twelve-month price objectives for Methode Electronics' shares. Their predictions range from $42.00 to $44.00. On average, they expect Methode Electronics' share price to reach $42.6667 in the next year. This suggests a possible upside of 56.1% 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 headlines about MEI stock have been trending positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Methode Electronics earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave media coverage about the electronics maker a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for Methode Electronics.

Are investors shorting Methode Electronics?

Methode Electronics saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 710,900 shares, an increase of 7.2% from the June 30th total of 663,300 shares. Based on an average daily volume of 232,200 shares, the days-to-cover ratio is currently 3.1 days. Approximately 2.0% 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), Micron Technology (MU), QUALCOMM (QCOM), Alibaba Group (BABA), Nike (NKE), Cisco Systems (CSCO), Walt Disney (DIS), Broadcom (AVGO), Netflix (NFLX) and Palo Alto Networks (PANW).

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 investors include BlackRock Inc. (14.83%), Vanguard Group Inc. (10.22%), Silvercrest Asset Management Group LLC (4.62%), LSV Asset Management (4.33%), Investment Counselors of Maryland LLC (2.64%) and Renaissance Technologies LLC (2.20%). Company insiders that own Methode Electronics stock include Amit N Patel, 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 Los Angeles Capital Management & Equity Research Inc., Price T Rowe Associates Inc. MD, JPMorgan Chase & Co., Wells Fargo & Company MN, Vanguard Group Inc., SG Americas Securities LLC, Heartland Advisors Inc. and Silvercrest Asset Management Group 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 institutional investors are buying Methode Electronics stock?

MEI stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Morgan Stanley, LSV Asset Management, Prudential Financial Inc., BlackRock Inc., Allianz Asset Management GmbH, THB Asset Management and ClariVest Asset Management LLC. Company insiders that have bought Methode Electronics stock in the last two years include Amit N Patel, 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 $27.34.

How big of a company is Methode Electronics?

Methode Electronics has a market capitalization of $1.01 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, 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:  388 (Vote Outperform)
Underperform Votes:  437 (Vote Underperform)
Total Votes:  825
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 8/24/2019 by MarketBeat.com Staff

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