Methode Electronics Inc (MEI)

NYSE
Currency in USD
11.73
+0.24(+2.09%)
Closed
After Hours
11.730.00(0.00%)
MEI Scorecard
Full Analysis
Operates with a significant debt burden
High dividend Yield
Fair Value
Day's Range
11.1711.75
52 wk Range
8.5422.20
Key Statistics
Edit
Prev. Close
11.73
Open
11.6
Day's Range
11.17-11.75
52 wk Range
8.54-22.2
Volume
308.28K
Average Volume (3m)
432.97K
1-Year Change
-42.75%
Book Value / Share
20.95
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
MEI Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
14.67
Upside
+25.04%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low Price / Book multiple
Show more

Methode Electronics Inc Company Profile

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.

Methode Electronics Inc Earnings Call Summary for Q2/2025

  • Methode Electronics reported Q2 FY2024 adjusted EPS of $0.14, beating -$0.16 forecast; revenue at $292.6M, up 2% YoY
  • Stock surged 24.12% post-earnings; data center business grew 50% YoY amid automotive and commercial vehicle market challenges
  • FY2025 outlook: flat net sales, break-even adjusted pre-tax income; FY2026 expected to surpass FY2025 performance
  • Over 30 program launches planned for FY2025, focusing on EV and data center growth opportunities
  • Cash position decreased to $97M; negative $48M net cash from operating activities reported
Last Updated: 06/12/2024, 06:06 am
Read Full Transcript

Compare MEI to Peers and Sector

Metrics to compare
MEI
Peers
Sector
Relationship
P/E Ratio
−4.7x−0.4x11.4x
PEG Ratio
0.020.050.01
Price/Book
0.6x1.2x2.4x
Price / LTM Sales
0.4x2.0x2.1x
Upside (Analyst Target)
23.9%0.0%26.1%
Fair Value Upside
Unlock2.1%5.7%Unlock

Analyst Ratings

0 Buy
4 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 14.67

(+25.04% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -2.51
Dividend Yield
4.87%
Industry Median 1.07%
Annualised payout
0.5600
Paid quarterly
5-Years Growth
+4.94%
Growth Streak

Earnings

Latest Release
Dec 5, 2024
EPS / Forecast
-0.05 / -0.16
Revenue / Forecast
292.60M / 269.78M
EPS Revisions
Last 90 days

People Also Watch

11.990
UMAC
+8.41%
8.6200
XCUR
+9.11%
8.590
OMER
-2.28%
7.750
NEON
-0.64%
13.6800
GRRR
+13.34%

FAQ

What Is the Methode Electronics (MEI) Stock Price Today?

The Methode Electronics stock price today is 11.73

What Stock Exchange Does Methode Electronics Trade On?

Methode Electronics is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Methode Electronics?

The stock symbol for Methode Electronics is "MEI."

Does Methode Electronics Pay Dividends? What’s The Current Dividend Yield?

The Methode Electronics dividend yield is 4.77%.

What Is the Methode Electronics Market Cap?

As of today, Methode Electronics market cap is 418.25M.

What is Methode Electronics Earnings Per Share?

The Methode Electronics EPS is -2.51.

What Is the Next Methode Electronics Earnings Date?

Methode Electronics will release its next earnings report on 05 Mar 2025.

From a Technical Analysis Perspective, Is MEI a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.