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Methode Electronics, Inc. (MEI)

12.29 +0.23 (+1.91%)
At close: April 24 at 4:00 PM EDT
Loading Chart for MEI
DELL
  • Previous Close 12.06
  • Open 12.11
  • Bid --
  • Ask --
  • Day's Range 11.92 - 12.40
  • 52 Week Range 11.09 - 46.58
  • Volume 479,456
  • Avg. Volume 583,514
  • Market Cap (intraday) 434.949M
  • Beta (5Y Monthly) 0.85
  • PE Ratio (TTM) --
  • EPS (TTM) -1.63
  • Earnings Date Jun 20, 2024 - Jun 24, 2024
  • Forward Dividend & Yield 0.56 (4.56%)
  • Ex-Dividend Date Apr 11, 2024
  • 1y Target Est 13.33

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.

www.methode.com

6,700

Full Time Employees

April 29

Fiscal Year Ends

Recent News: MEI

Performance Overview: MEI

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MEI
44.93%
S&P 500
6.33%

1-Year Return

MEI
69.75%
S&P 500
22.70%

3-Year Return

MEI
70.88%
S&P 500
21.33%

5-Year Return

MEI
55.12%
S&P 500
72.88%

Compare To: MEI

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Statistics: MEI

Valuation Measures

Annual
As of 4/25/2024
  • Market Cap

    434.95M

  • Enterprise Value

    669.55M

  • Trailing P/E

    --

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.39

  • Price/Book (mrq)

    0.52

  • Enterprise Value/Revenue

    0.59

  • Enterprise Value/EBITDA

    54.00

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -5.09%

  • Return on Assets (ttm)

    1.13%

  • Return on Equity (ttm)

    -6.51%

  • Revenue (ttm)

    1.14B

  • Net Income Avi to Common (ttm)

    -57.9M

  • Diluted EPS (ttm)

    -1.63

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    122.9M

  • Total Debt/Equity (mrq)

    43.32%

  • Levered Free Cash Flow (ttm)

    52.08M

Research Analysis: MEI

Analyst Price Targets

12.00
13.33 Average
12.29 Current
15.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: MEI

Fair Value

12.29 Current
 

Dividend Score

0 Low
MEI
Sector Avg.
100 High
 

Hiring Score

0 Low
MEI
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
MEI
Sector Avg.
100 High
 

Research Reports: MEI

  • MEI: Rating decreased to a SELL

    METHODE ELECTRONICS INC has an Investment Rating of SELL; a target price of $13.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • MEI: What does Argus have to say about MEI?

    METHODE ELECTRONICS INC has an Investment Rating of HOLD; a target price of $13.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • MEI: Raising target price to $13.00

    METHODE ELECTRONICS INC has an Investment Rating of HOLD; a target price of $13.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • MEI: What does Argus have to say about MEI?

    METHODE ELECTRONICS INC has an Investment Rating of HOLD; a target price of $12.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
     

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