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Methode Electronics NYSE:MEI Stock Report

Last Price

US$12.25

Market Cap

US$431.1m

7D

-6.6%

1Y

-45.2%

Updated

19 Dec, 2024

Data

Company Financials +

Methode Electronics, Inc.

NYSE:MEI Stock Report

Market Cap: US$431.1m

MEI Stock Overview

Designs, engineers, and produces mechatronic products worldwide. More details

MEI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Methode Electronics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Methode Electronics
Historical stock prices
Current Share PriceUS$12.25
52 Week HighUS$23.41
52 Week LowUS$8.54
Beta0.80
1 Month Change32.29%
3 Month Change4.97%
1 Year Change-45.19%
3 Year Change-74.17%
5 Year Change-68.98%
Change since IPO454.72%

Recent News & Updates

Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14

Dec 16
Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14

Methode Electronics, Inc. (NYSE:MEI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$14.67

Dec 08
Methode Electronics, Inc. (NYSE:MEI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$14.67

Recent updates

Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14

Dec 16
Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14

Methode Electronics, Inc. (NYSE:MEI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$14.67

Dec 08
Methode Electronics, Inc. (NYSE:MEI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$14.67

Why Investors Shouldn't Be Surprised By Methode Electronics, Inc.'s (NYSE:MEI) Low P/S

Nov 07
Why Investors Shouldn't Be Surprised By Methode Electronics, Inc.'s (NYSE:MEI) Low P/S

Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14

Oct 02
Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14

Methode Electronics (NYSE:MEI) Is Paying Out A Dividend Of $0.14

Sep 15
Methode Electronics (NYSE:MEI) Is Paying Out A Dividend Of $0.14

Improved Revenues Required Before Methode Electronics, Inc. (NYSE:MEI) Stock's 32% Jump Looks Justified

Jul 12
Improved Revenues Required Before Methode Electronics, Inc. (NYSE:MEI) Stock's 32% Jump Looks Justified

Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14

Jul 01
Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14

Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14

Jun 17
Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14

Methode Electronics: Hold Until It Is Clear

Jun 10

Methode Electronics: Poised To Find The Light In An Improving Automotive Sector

May 31

These 4 Measures Indicate That Methode Electronics (NYSE:MEI) Is Using Debt Extensively

May 11
These 4 Measures Indicate That Methode Electronics (NYSE:MEI) Is Using Debt Extensively

Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14

Apr 10
Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14

Methode Electronics, Inc. (NYSE:MEI) Not Doing Enough For Some Investors As Its Shares Slump 45%

Mar 20
Methode Electronics, Inc. (NYSE:MEI) Not Doing Enough For Some Investors As Its Shares Slump 45%

Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14

Mar 18
Methode Electronics (NYSE:MEI) Is Due To Pay A Dividend Of $0.14

Be Wary Of Methode Electronics (NYSE:MEI) And Its Returns On Capital

Jan 04
Be Wary Of Methode Electronics (NYSE:MEI) And Its Returns On Capital

Methode Electronics: Still Not A Buy Even After The Big Correction

Dec 21

Methode Electronics (NYSE:MEI) Will Pay A Dividend Of $0.14

Dec 13
Methode Electronics (NYSE:MEI) Will Pay A Dividend Of $0.14

What Is Methode Electronics, Inc.'s (NYSE:MEI) Share Price Doing?

Nov 04
What Is Methode Electronics, Inc.'s (NYSE:MEI) Share Price Doing?

Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14

Oct 10
Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14

Methode Electronics Looks Fairly Valued After Nordic Lights Acquisition

Oct 01

Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14

Sep 18
Methode Electronics (NYSE:MEI) Has Affirmed Its Dividend Of $0.14

Methode Electronics' (NYSE:MEI) Conservative Accounting Might Explain Soft Earnings

Sep 14
Methode Electronics' (NYSE:MEI) Conservative Accounting Might Explain Soft Earnings

Methode Electronics (NYSE:MEI) Has A Pretty Healthy Balance Sheet

Sep 05
Methode Electronics (NYSE:MEI) Has A Pretty Healthy Balance Sheet

Methode Electronics: Operating Margin Is Under Pressure

Jul 18

Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14

Jul 03
Methode Electronics' (NYSE:MEI) Dividend Will Be $0.14

Methode Electronics (NYSE:MEI) Is Paying Out A Dividend Of $0.14

Jun 19
Methode Electronics (NYSE:MEI) Is Paying Out A Dividend Of $0.14

We Turn Bullish On Methode Electronics As The Price Dips

Jun 16

At US$46.29, Is It Time To Put Methode Electronics, Inc. (NYSE:MEI) On Your Watch List?

Jun 08
At US$46.29, Is It Time To Put Methode Electronics, Inc. (NYSE:MEI) On Your Watch List?

Methode Electronics (NYSE:MEI) Has A Pretty Healthy Balance Sheet

May 23
Methode Electronics (NYSE:MEI) Has A Pretty Healthy Balance Sheet

Shareholder Returns

MEIUS ElectronicUS Market
7D-6.6%-3.9%-4.0%
1Y-45.2%19.4%24.0%

Return vs Industry: MEI underperformed the US Electronic industry which returned 19.4% over the past year.

Return vs Market: MEI underperformed the US Market which returned 24% over the past year.

Price Volatility

Is MEI's price volatile compared to industry and market?
MEI volatility
MEI Average Weekly Movement10.3%
Electronic Industry Average Movement6.4%
Market Average Movement6.4%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: MEI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MEI's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19467,500Jon DeGaynorwww.methode.com

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.

Methode Electronics, Inc. Fundamentals Summary

How do Methode Electronics's earnings and revenue compare to its market cap?
MEI fundamental statistics
Market capUS$431.09m
Earnings (TTM)-US$88.80m
Revenue (TTM)US$1.09b

0.4x

P/S Ratio

-4.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEI income statement (TTM)
RevenueUS$1.09b
Cost of RevenueUS$911.60m
Gross ProfitUS$176.30m
Other ExpensesUS$265.10m
Earnings-US$88.80m

Last Reported Earnings

Nov 02, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.49
Gross Margin16.21%
Net Profit Margin-8.16%
Debt/Equity Ratio46.8%

How did MEI perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

-22%

Payout Ratio

Does MEI pay a reliable dividends?

See MEI dividend history and benchmarks
When do you need to buy MEI by to receive an upcoming dividend?
Methode Electronics dividend dates
Ex Dividend DateJan 17 2025
Dividend Pay DateJan 31 2025
Days until Ex dividend28 days
Days until Dividend pay date42 days

Does MEI pay a reliable dividends?

See MEI dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:32
End of Day Share Price 2024/12/19 00:00
Earnings2024/11/02
Annual Earnings2024/04/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Methode Electronics, Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luke JunkBaird
Gary PrestopinoBarrington Research Associates, Inc.
Christopher Van HornB. Riley Securities, Inc.