Methode Electronics/MEI

$11.63

-5.44%
-
1D1W1MYTD1YMAX

About Methode Electronics

Methode Electronics, Inc. is a supplier of custom engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East, and Asia. The Company 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 (OEMs). The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies, such as its PowerRail solution, high-current low-voltage flexible power cabling systems and powder-coated busbars. The Interface segment provides a variety of copper-based transceivers and user interface solutions. The Medical segment is made up of its medical device business, Dabir Surfaces, with its surface support technology aimed at pressure injury prevention.

Ticker

MEI

Sector

Technology

Trading on

NYSE

Industry

Electronic Instr. & Controls

CEO

Avinash Avula

Employees

6,700

Headquarters

Chicago, United States

MEI Metrics

BasicAdvanced
$411.59M
Market cap
-
P/E ratio
-$1.63
EPS
0.84
Beta
$0.56
Dividend rate
4.82%
Dividend yield
$411.59M
0.84301
$46.58
$11.21
563.71K
$0.56
2.739
1.852
39.653
39.677
2.44%
-3.97%
-6.51%
-4.63%
0.362
0.494
1.175
1.3%
4.82%
4.82%
-2.46%
-170.76%
4.83%
-13.69%
8.37%

What the Analysts think about MEI

Analyst Ratings

Majority rating from 4 analysts.
Hold

Price Targets

Average projection from 3 analysts.
14.62% upside
High $15.00
Low $12.00
$11.63
Current price
$13.33
Average price target

MEI Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-4.47% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$259.5M
-9.9%
Net income
$-11.6M
-79.02%
Profit margin
-4.47%
-76.72%

MEI Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 466.67%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$0.22
$0.06
$0.06
-$0.33
-
Expected
$0.46
$0.23
$0.13
$0.09
-$0.21
Surprise
-51.65%
-73.91%
-52%
-466.67%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Methode Electronics stock?

Methode Electronics (MEI) has a market cap of $411.59M as of April 22, 2024.

What is the P/E ratio for Methode Electronics stock?

The price to earnings (P/E) ratio for Methode Electronics (MEI) stock is 0 as of April 22, 2024.

Does Methode Electronics stock pay dividends?

Yes, the Methode Electronics (MEI) stock pays dividends to shareholders. As of April 22, 2024, the dividend rate is $0.56 and the yield is 4.82%. Methode Electronics has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Methode Electronics dividend payment date?

The next Methode Electronics (MEI) dividend payment is scheduled for April 26, 2024.

What is the beta indicator for Methode Electronics?

Methode Electronics (MEI) has a beta rating of 0.84. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Methode Electronics stock price target?

The target price for Methode Electronics (MEI) stock is $13.33, which is 14.62% above the current price of $11.63. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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