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

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$40.20 -1.60 (-3.83 %)
(As of 06/25/2018 09:20 AM ET)
Previous Close$41.80
Today's Range$40.0010 - $42.10
52-Week Range$36.75 - $48.44
Volume998,374 shs
Average Volume292,238 shs
Market Capitalization$1.48 billion
P/E Ratio13.40
Dividend Yield1.09%
Beta0.84
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

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 Ratio3.47

Price-To-Earnings

Trailing P/E Ratio13.40
Forward P/E Ratio13.91
P/E Growth0.93

Sales & Book Value

Annual Sales$908.30 million
Price / Sales1.63
Cash Flow$3.8213 per share
Price / Cash10.52
Book Value$17.10 per share
Price / Book2.35

Profitability

EPS (Most Recent Fiscal Year)$3.00
Net Income$92.90 million
Net Margins6.30%
Return on Equity19.04%
Return on Assets13.02%

Miscellaneous

Employees4,464
Outstanding Shares36,850,000

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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 declared a quarterly dividend on Friday, June 15th. Stockholders of record on Friday, July 13th will be paid a dividend of $0.11 per share on Friday, July 27th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend is Thursday, July 12th. View Methode Electronics' Dividend History.

How were Methode Electronics' earnings last quarter?

Methode Electronics Inc. (NYSE:MEI) issued its earnings results 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 earned $249 million during 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%. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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 earnings per share 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 Wall Street analysts have issued 12-month target prices for Methode Electronics' stock. Their predictions range from $49.00 to $51.00. On average, they expect Methode Electronics' stock price to reach $49.6667 in the next twelve months. View Analyst Ratings for Methode Electronics.

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?

Press coverage about MEI stock has trended somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Methode Electronics earned a news sentiment score of 0.17 on Accern's scale. They also gave news stories about the electronics maker an impact score of 46.29 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Methode Electronics' major shareholders?

Methode Electronics' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.61%), Dimensional Fund Advisors LP (5.58%), Westwood Holdings Group Inc. (3.90%), Silvercrest Asset Management Group LLC (3.36%), Wedge Capital Management L L P NC (1.73%) and Northern Trust Corp (1.45%). Company insiders that own Methode Electronics stock include Bruno P Geremia, Christopher J Hornung, Douglas A Koman, Isabelle C Goossen, Joseph Elias Khoury, Kill Theodore, Lawrence B Skatoff, Paul G Shelton, Rodger Dean Perry, Ronald LG Tsoumas 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 JPMorgan Chase & Co., Smith Asset Management Group LP, Thompson Siegel & Walmsley LLC, Barclays PLC, Heartland Advisors Inc., Citadel Advisors LLC, Thrivent Financial for Lutherans and Opus Capital Group LLC. 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 Wedge Capital Management L L P NC, BlackRock Inc., Westwood Holdings Group Inc., WBI Investments Inc., Comerica Bank, Matarin Capital Management LLC, Dean Investment Associates LLC and Stifel Financial Corp. 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 $40.20.

How big of a company is Methode Electronics?

Methode Electronics has a market capitalization of $1.48 billion and generates $908.30 million in revenue each year. The electronics maker earns $92.90 million in net income (profit) each year or $3.00 on an earnings per share basis. Methode Electronics employs 4,464 workers across the globe.

How can I contact Methode Electronics?

Methode Electronics' mailing address is 7401 WEST WILSON AVENUE, 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 (MEI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  302 (Vote Outperform)
Underperform Votes:  332 (Vote Underperform)
Total Votes:  634
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 6/25/2018 by MarketBeat.com Staff

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