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Methode Electronics, Inc. MEI

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Price alert · MEI

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15.25 USD +0.53 +3.60%

As of Nov 2, 3:22 PM ET

Bid
15.25 × 1
Ask
15.27 × 1
14.78 Day range 15.63
4.88 52-week range 20.38
YTD
+129.67%
1 year
+126.60%
Open
14.93
Prev close
14.72
Mkt cap
543.23M
Vol
556.63K
Avg vol
679.93K
EPS
-1.04
P/E
0.00
Div yield
1.30%
More statistics
Low
14.78
High
15.63
Forward P/E
14.56
Beta
0.76
Short ratio
4.69
Inst. own
97.14%
Dividend
0.56
Ex-div date
Oct 17, 2024
50-d avg
10.76
200-d avg
11.25
1y target
14.67

1D chart

Chart tools
Interval

Signals (34)
NameTimeAgo
SMA: Bearish1:19 PM2 hours ago
MACD: Sell Signal1:19 PM2 hours ago
RSI: Overbought1:11 PM2 hours ago
SMA: Bearish12:54 PM2 hours ago
SMA: Bullish12:50 PM2 hours ago
SMA: Bullish12:49 PM2 hours ago
SMA: Bearish12:40 PM2 hours ago
SMA: Bullish12:39 PM2 hours ago
MACD: Buy Signal12:39 PM2 hours ago
RSI: Oversold12:22 PM3 hours ago
MACD: Sell Signal12:01 PM3 hours ago
SMA: Bearish11:56 AM3 hours ago
SMA: Bullish11:53 AM3 hours ago
SMA: Bullish11:53 AM3 hours ago
MACD: Buy Signal11:51 AM3 hours ago
MACD: Sell Signal11:41 AM3 hours ago
MACD: Buy Signal11:34 AM3 hours ago
SMA: Bullish11:33 AM3 hours ago
MACD: Sell Signal11:25 AM3 hours ago
SMA: Bearish11:23 AM3 hours ago
MACD: Buy Signal11:15 AM4 hours ago
RSI: Oversold11:11 AM4 hours ago
SMA: Bullish11:01 AM4 hours ago
SMA: Bearish10:59 AM4 hours ago
SMA: Bearish10:53 AM4 hours ago
MACD: Sell Signal10:41 AM4 hours ago
RSI: Overbought10:32 AM4 hours ago
RSI: Overbought10:27 AM4 hours ago
RSI: Overbought10:25 AM4 hours ago
MACD: Buy Signal10:22 AM5 hours ago
MACD: Sell Signal10:19 AM5 hours ago
MACD: Buy Signal10:12 AM5 hours ago
MACD: Sell Signal10:09 AM5 hours ago
RSI: Overbought10:00 AM5 hours ago

Key statistics

Market cap
425.74M
Enterprise value
624.10M
Trailing P/E
0.00
Forward P/E
14.56
PEG ratio
0.00
Price / sales
0.39
Price / book
0.55
EPS (TTM)
-2.52
Beta
0.76
Dividend yield
4.82%
Payout ratio
36.36%
Profit margin
-13.15%
Revenue (TTM)
1.08B
Revenue growth
-10.80%
Free cash flow
57.99M
Total cash
111.30M
Total debt
326.20M
Return on equity
-17.00%
Shares outstanding
35.66M
Short % of float
6.55%
50-day average
10.76
200-day average
11.25

Analyst view

Consensus: hold

Hold
Price target (mean) 14.67 -3.8% downside
Target (low)
14.00
Target (mean)
14.67
Target (high)
16.00
Ratings (0m) 4 0 buy · 4 hold · 0 sell
  • Strong buy0
  • Buy0
  • Hold4
  • Sell0
  • Strong sell0

Next earnings

Consensus EPS estimate -0.10.

Earnings history

Financials — quick view

All financials
MEI Revenue — quarterly 265.40M
2023-Q2 20222023-Q3 20222023-Q4 20232024-Q1 20232024-Q2 20232024-Q3 20232024-Q4 20242025-Q1 20242025-Q2 20242025-Q3 20242025-Q4 20252026-Q1 20252026-Q2 20252026-Q3 20252026-Q4 20262027-Q1 2026
MEI Net income — quarterly -11.40M
2023-Q2 20222023-Q3 20222023-Q4 20232024-Q1 20232024-Q2 20232024-Q3 20232024-Q4 20242025-Q1 20242025-Q2 20242025-Q3 20242025-Q4 20252026-Q1 20252026-Q2 20252026-Q3 20252026-Q4 20262027-Q1 2026
MEI EPS — quarterly -0.32
2023-Q2 20222023-Q3 20222023-Q4 20232024-Q1 20232024-Q2 20232024-Q3 20232024-Q4 20242025-Q1 20242025-Q2 20242025-Q3 20242025-Q4 20252026-Q1 20252026-Q2 20252026-Q3 20252026-Q4 20262027-Q1 2026

Earnings

MEI recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Dec 5, 2024Oct 1, 2024-0.170.14+0.31+182.35%
Sep 5, 2024Jul 1, 2024-0.28-0.31-0.03-10.71%
Jul 11, 2024Apr 1, 2024-0.21-0.23-0.02-9.52%
Mar 7, 2024Jan 1, 20240.07-0.33-0.40-571.43%
Dec 7, 2023Oct 1, 20230.090.06-0.03-33.33%
Sep 7, 2023Jul 1, 20230.220.06-0.16-72.73%

Upgrades / downgrades

MEI analyst upgrades and downgrades
DateFirmActionFromTo
Dec 6, 2024BairdmainNeutralNeutral
Sep 6, 2024BairdmainNeutralNeutral
Apr 9, 2024Jefferiesinit—Hold
Mar 7, 2024Sidoti & Co.downBuyNeutral
Jun 13, 2023BairdmainNeutralNeutral
May 25, 2023Barrington ResearchreitMarket PerformMarket Perform

About Methode Electronics, Inc.

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The company 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 company also 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, commercial vehicles, data centers, industrial equipment, power conversion, military, telecommunications, and transportation markets. Further, it provides high-speed digital communication over copper media solutions for data center and broadband markets; and interface panel solutions for appliance market. Its solutions include copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.

Sector
Technology
Industry
Electronic Components
Country
United States
Website
methode.com

News

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Insider holders

MEI insider holders
InsiderRelationLatest transactionDateShares held
ASPATORE WALTER JDirectorStock Award(Grant)Jul 25, 202444,940
BLOM DAVID PDirectorPurchaseSep 17, 202437,531
BOBEK THERESE MDirectorStock Award(Grant)Jul 25, 202428,940
CADWALLADER BRIAN JDirectorStock Award(Grant)Oct 31, 202433,142
DAWSON DARREN MDirectorStock Award(Grant)Oct 31, 20240
GODDARD JANIEDirectorStock Award(Grant)Oct 31, 20240

Institution ownership

MEI institution ownership
Holder% heldSharesValueReported
FMR, LLC14.86%5,298,62263.27MSep 29, 2024
Blackrock Inc.9.42%3,359,73740.12MSep 29, 2024
Vanguard Group Inc8.13%2,900,44234.63MSep 29, 2024
Shaw D.E. & Co., Inc.4.43%1,578,67418.85MSep 29, 2024
Dimensional Fund Advisors LP3.59%1,281,22015.30MSep 29, 2024
Goldman Sachs Group Inc3.21%1,144,78113.67MSep 29, 2024

Fund ownership

MEI fund ownership
Holder% heldSharesValueReported
Fidelity Low-Priced Stock Fund5.80%2,069,51724.71MAug 30, 2024
Vanguard Total Stock Market Index Fund3.08%1,099,75413.13MSep 29, 2024
Federated Hermes MDT Small Cap Core Fund2.90%1,034,65012.35MJul 30, 2024
iShares Russell 2000 ETF2.57%917,95210.96MOct 30, 2024
Vanguard Information Technology Index Fund2.25%801,6579.57MAug 30, 2024
Vanguard Extended Market Index Fund1.66%591,4517.06MSep 29, 2024
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