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NYSE:MEI

Methode Electronics (MEI) Stock Price, News & Analysis

Methode Electronics logo
$12.30 +0.47 (+3.97%)
As of 05:39 PM Eastern

About Methode Electronics Stock (NYSE:MEI)

Key Stats

Today's Range
$11.48
$12.50
50-Day Range
$8.71
$14.02
52-Week Range
$8.54
$22.20
Volume
322,066 shs
Average Volume
300,833 shs
Market Capitalization
$438.58 million
P/E Ratio
N/A
Dividend Yield
4.55%
Price Target
$15.00
Consensus Rating
Hold

Company Overview

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies 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 and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, eddy current, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures external lighting solutions comprising driving, work, and signal lights; industrial safety radio remote controls; braided flexible cables; current-carrying laminated and powder-coated busbars; high-voltage high current connector and contracts; custom power-product assemblies, such as PowerRail solution; and high-current low-voltage flexible power cabling systems that are used in aerospace, cloud computing, commercial vehicles, construction equipment, industrial, military, power conversion, and transportation markets and applications. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.

Methode Electronics Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
36th Percentile Overall Score

MEI MarketRank™: 

Methode Electronics scored higher than 36% of companies evaluated by MarketBeat, and ranked 391st out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Methode Electronics has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Methode Electronics has only been the subject of 1 research reports in the past 90 days.

  • Read more about Methode Electronics' stock forecast and price target.
  • Earnings Growth

    Earnings for Methode Electronics are expected to grow in the coming year, from ($0.40) to $0.37 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Methode Electronics is -4.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Methode Electronics is -4.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Methode Electronics has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.02% of the float of Methode Electronics has been sold short.
  • Short Interest Ratio / Days to Cover

    Methode Electronics has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Methode Electronics has recently increased by 7.79%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Methode Electronics is a leading dividend payer. It pays a dividend yield of 4.67%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Methode Electronics does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on EPS estimates, Methode Electronics will have a dividend payout ratio of 151.35% in the coming year. This indicates that Methode Electronics may not be able to sustain their current dividend.

  • Read more about Methode Electronics' dividend.
  • Percentage of Shares Shorted

    5.02% of the float of Methode Electronics has been sold short.
  • Short Interest Ratio / Days to Cover

    Methode Electronics has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Methode Electronics has recently increased by 7.79%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Methode Electronics has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Methode Electronics this week, compared to 8 articles on an average week.
  • Search Interest

    5 people have searched for MEI on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Methode Electronics to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Methode Electronics insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.40% of the stock of Methode Electronics is held by insiders.

  • Percentage Held by Institutions

    95.49% of the stock of Methode Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Methode Electronics' insider trading history.
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MEI Stock News Headlines

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Methode Electronics declares $0.14 dividend
Methode Electronics' Board Approves Dividend
See More Headlines

MEI Stock Analysis - Frequently Asked Questions

Methode Electronics' stock was trading at $11.79 at the beginning of the year. Since then, MEI stock has increased by 4.3% and is now trading at $12.30.
View the best growth stocks for 2025 here
.

Methode Electronics, Inc. (NYSE:MEI) released its quarterly earnings results on Thursday, December, 5th. The electronics maker reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.17) by $0.31. Methode Electronics had a negative trailing twelve-month return on equity of 3.26% and a negative net margin of 8.16%.

Methode Electronics subsidiaries include these companies: Grakon LLC, Pacific Insight, Procoplast, Advanced Molding & Decoration, Hetronic, Tribotech, Value engineered products, and more.

Shares of MEI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Methode Electronics investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), Humana (HUM), The RMR Group (RMR), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

Ex-Dividend for 11/1 Dividend
10/18/2024
Dividend Payable
11/01/2024
Last Earnings
12/05/2024
Today
1/03/2025
Ex-Dividend for 1/31 Dividend
1/17/2025
Dividend Payable
1/31/2025
Fiscal Year End
4/30/2025

Industry, Sector and Symbol

Industry
Electronic connectors
Sub-Industry
Electronic Manufacturing Services
CUSIP
59152020
Employees
7,500
Year Founded
1946

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$17.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+21.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-123,300,000.00
Pretax Margin
-7.82%

Debt

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$4.03 per share
Book Value
$20.71 per share

Miscellaneous

Free Float
35,158,000
Market Cap
$442.15 million
Optionable
Optionable
Beta
0.81

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This page (NYSE:MEI) was last updated on 1/3/2025 by MarketBeat.com Staff
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