NYSE:MEI - Methode Electronics Stock Price, Price Target & More

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$39.15 -0.30 (-0.76 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$39.45
Today's Range$38.90 - $39.50
52-Week Range$36.75 - $48.44
Volume188,200 shs
Average Volume230,312 shs
Market Capitalization$1.45 billion
P/E Ratio13.15
Dividend Yield1.13%
Beta0.88
Methode Electronics logoMethode 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. Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead frames, and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system. The Interface segment provides various copper and fiber-optic interface and interface solutions for the aerospace, appliance, commercial food service, construction, consumer, material handling, medical, military, mining, point-of-sale, and telecommunication markets. Its solutions consist of conductive polymers, industrial safety radio remote controls, optical and copper transceivers, and solid-state field-effect consumer touch panels; and services include the design and installation of fiber optic and copper infrastructure systems, and manufacturing active and passive optical components. The Power Products segment manufactures braided flexible cables, current-carrying laminated bus bars and devices, custom power-product assemblies, high-current low voltage flexible power cabling systems, and powder coated bus bars that are used in aerospace, computer, industrial and power conversion, military, telecommunication, and transportation markets and applications. The Other segment offers medical devices, inverters and battery systems, and insulated gate bipolar transistor solutions. Methode Electronics, Inc. was founded in 1946 and is headquartered in Chicago, Illinois.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electronic connectors
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
SymbolNYSE:MEI
CUSIP59152020
Phone708-867-6777

Debt

Debt-to-Equity Ratio0.08
Current Ratio3.50
Quick Ratio2.97

Price-To-Earnings

Trailing P/E Ratio13.15
Forward P/E Ratio13.59
P/E Growth0.91

Sales & Book Value

Annual Sales$908.30 million
Price / Sales1.60
Cash Flow$3.8270 per share
Price / Cash10.23
Book Value$17.09 per share
Price / Book2.29

Profitability

EPS (Most Recent Fiscal Year)$3.00
Net Income$57.20 million
Net Margins6.30%
Return on Equity19.04%
Return on Assets13.02%

Miscellaneous

Employees5,056
Outstanding Shares37,010,000
Market Cap$1,446.90

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 Friday, June 15th. Stockholders of record on Friday, July 13th will be given a dividend of $0.11 per share on Friday, July 27th. This represents a $0.44 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Thursday, July 12th. View Methode Electronics' Dividend History.

How were Methode Electronics' earnings last quarter?

Methode Electronics Inc. (NYSE:MEI) posted its quarterly earnings data on Thursday, June, 21st. The electronics maker reported $0.98 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.74 by $0.24. The electronics maker had revenue of $249 million for the quarter, compared to analyst estimates of $247.16 million. Methode Electronics had a net margin of 6.30% and a return on equity of 19.04%. Methode Electronics's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.62 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 Wednesday, August, 29th 2018. View Earnings Estimates for Methode Electronics.

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

Methode Electronics issued an update on its FY19 earnings guidance on Thursday, June, 21st. The company provided EPS guidance of $2.81-2.96 for the period, compared to the Thomson Reuters consensus estimate of $3.09. The company issued revenue guidance of $950-970 million, compared to the consensus revenue estimate of $974.85 million.

What price target have analysts set for MEI?

3 brokers have issued 12 month target prices for Methode Electronics' shares. Their forecasts range from $49.00 to $51.00. On average, they anticipate Methode Electronics' stock price to reach $50.00 in the next year. This suggests a possible upside of 27.7% from the stock's current price. View Analyst Ratings 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."

Who are some of Methode Electronics' key competitors?

Who are Methode Electronics' key executives?

Methode Electronics' management team includes the folowing people:
  • Mr. Donald W. Duda, Pres, CEO & Director (Age 63)
  • Mr. Joseph E. Khoury, Sr. VP (Age 54)
  • Mr. Theodore P. Kill, VP of Worldwide Automotive Sales & Pres of Dabir Surfaces (Age 67)
  • Mr. Timothy R. Glandon, VP (Age 54)
  • Mr. Ronald L. G. Tsoumas, VP of Corp. Fin. & CFO (Age 57)

Has Methode Electronics been receiving favorable news coverage?

Media stories about MEI stock have been trending somewhat positive recently, Accern reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Methode Electronics earned a news impact score of 0.21 on Accern's scale. They also gave headlines about the electronics maker an impact score of 46.01 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are Methode Electronics' major shareholders?

Methode Electronics' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.09%), Alpha Windward LLC (0.03%), Municipal Employees Retirement System of Michigan (0.03%), Hartford Investment Management Co. (0.02%) and Creative Planning (0.01%). Company insiders that own Methode Electronics stock include Bruno P Geremia, Christopher J Hornung, Isabelle C Goossen, Joseph Elias Khoury, Lawrence B Skatoff, Paul G Shelton, Rodger Dean Perry and Timothy Glandon. 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 Municipal Employees Retirement System of Michigan and Bank of Montreal Can. Company insiders that have sold Methode Electronics company stock in the last year include Isabelle C Goossen and Joseph Elias Khoury. View Insider Buying and Selling for Methode Electronics.

Which institutional investors are buying Methode Electronics stock?

MEI stock was acquired by a variety of institutional investors in the last quarter, including Alpha Windward LLC, Hartford Investment Management Co. and Creative Planning. Company insiders that have bought Methode Electronics stock in the last two years include Bruno P Geremia and Rodger Dean Perry. 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 $39.15.

How big of a company is Methode Electronics?

Methode Electronics has a market capitalization of $1.45 billion and generates $908.30 million in revenue each year. The electronics maker earns $57.20 million in net income (profit) each year or $3.00 on an earnings per share basis. Methode Electronics employs 5,056 workers across the globe.

How can I contact Methode Electronics?

Methode Electronics' mailing address is 7401 W WILSON AVE, 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:  307 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  648
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 7/20/2018 by MarketBeat.com Staff

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