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.
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Industry, Sector and Symbol
Industry Electronic connectors
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Phone708-867-6777
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.00 billion
Profitability
Miscellaneous
Employees6,187
Next Earnings Date12/5/2019 (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 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 annualized dividend and a yield of 1.32%. The ex-dividend date is Thursday, October 10th. View Methode Electronics' Dividend History.
How were Methode Electronics' earnings last quarter?
Methode Electronics Inc. (NYSE:MEI) announced its quarterly earnings results on Thursday, August, 29th. The electronics maker reported $0.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.07. The electronics maker earned $270.20 million during the quarter, compared to analysts' expectations of $268.15 million. Methode Electronics had a net margin of 9.19% and a return on equity of 16.39%. The company's revenue for the quarter was up 20.9% on a year-over-year basis. During the same period last year, the firm posted $0.63 EPS. View Methode Electronics' Earnings History.
When is Methode Electronics' next earnings date?
What guidance has Methode Electronics issued on next quarter's earnings?
Methode Electronics issued an update on its FY20 earnings guidance on Thursday, August, 29th. The company provided earnings per share guidance of $3.25-3.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.32. The company issued revenue guidance of $1.13-1.17 billion, compared to the consensus revenue estimate of $1.14 billion.
What price target have analysts set for MEI?
3 Wall Street analysts have issued twelve-month price targets for Methode Electronics' shares. Their predictions range from $42.00 to $44.00. On average, they expect Methode Electronics' share price to reach $42.67 in the next twelve months. This suggests a possible upside of 27.6% 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 articles about MEI stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Methode Electronics earned a news impact score of 0.8 on InfoTrie's scale. They also assigned media headlines about the electronics maker a news buzz of 0.0 out of 10, meaning that recent media 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 drop in short interest during the month of September. As of September 30th, there was short interest totalling 765,100 shares, a drop of 9.8% from the August 30th total of 848,200 shares. Based on an average daily trading volume, of 228,600 shares, the short-interest ratio is currently 3.3 days. Currently, 2.2% of the shares of the stock are short sold. View Methode Electronics' Current Options Chain.
Who are some of Methode Electronics' key competitors?
Some companies that are related to Methode Electronics include Rightmove (RMV), 10x Genomics (TXG), Auto Trader Group (AUTO), Millicom International Cellular (TIGO), NIKON CORP/ADR (NINOY), BROTHER INDUSTR/ADR (BRTHY), SEIKO EPSON COR/ADR (SEKEY), YY (YY), CHURCHILL CAP C/SH (CCC), Science Applications International (SAIC), Turkcell Iletisim Hizmetleri A.S. (TKC), Silicon Laboratories (SLAB), ASM International (ASMIY), J2 Global (JCOM) and Cloudflare (NET).
What other stocks do shareholders of Methode Electronics own?
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 Tributary Capital Management LLC (1.33%), Winmill & CO. Inc. (0.22%), Envestnet Asset Management Inc. (0.11%) and State of Alaska Department of Revenue (0.08%). 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?
Which institutional investors are buying Methode Electronics stock?
MEI stock was purchased by a variety of institutional investors in the last quarter, including Winmill & CO. Inc., State of Alaska Department of Revenue and Envestnet 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 $33.45.
How big of a company is Methode Electronics?
Methode Electronics has a market capitalization of $1.24 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?
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)
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.
