Methode Electronics, Inc. (MEI): Price and Financial Metrics
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MEI POWR Grades
- MEI scores best on the Quality dimension, with a Quality rank ahead of 90.6% of US stocks.
- The strongest trend for MEI is in Growth, which has been heading up over the past 179 days.
- MEI ranks lowest in Growth; there it ranks in the 26th percentile.
MEI Stock Summary
- METHODE ELECTRONICS INC's stock had its IPO on March 23, 1990, making it an older stock than 89.19% of US equities in our set.
- Revenue growth over the past 12 months for METHODE ELECTRONICS INC comes in at -2.25%, a number that bests merely 20.59% of the US stocks we're tracking.
- In terms of volatility of its share price, MEI is more volatile than merely 18.73% of stocks we're observing.
- Stocks with similar financial metrics, market capitalization, and price volatility to METHODE ELECTRONICS INC are CULL, AGX, PINC, MBUU, and CHE.
- Visit MEI's SEC page to see the company's official filings. To visit the company's web site, go to www.methode.com.
MEI Valuation Summary
- In comparison to the median Technology stock, MEI's price/earnings ratio is 24.14% lower, now standing at 17.6.
- Over the past 243 months, MEI's price/sales ratio has gone up 0.3.
Below are key valuation metrics over time for MEI.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| MEI | 2022-11-14 | 1.4 | 1.8 | 17.6 | 15.5 |
| MEI | 2022-11-11 | 1.5 | 1.8 | 17.8 | 15.7 |
| MEI | 2022-11-10 | 1.4 | 1.8 | 17.5 | 15.4 |
| MEI | 2022-11-09 | 1.4 | 1.7 | 16.7 | 14.8 |
| MEI | 2022-11-08 | 1.4 | 1.8 | 17.0 | 15.0 |
| MEI | 2022-11-07 | 1.4 | 1.7 | 16.8 | 14.8 |
MEI Growth Metrics
- The 3 year revenue growth rate now stands at 16.33%.
- Its 4 year price growth rate is now at -29.44%.
- Its 5 year net income to common stockholders growth rate is now at 33.55%.
The table below shows MEI's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-06-30 | 1,158.2 | 101.8 | 94.6 |
| 2022-03-31 | 1,163.6 | 98.8 | 102.2 |
| 2021-12-31 | 1,175.9 | 92.8 | 117.1 |
| 2021-09-30 | 1,179.6 | 159.8 | 119.6 |
| 2021-06-30 | 1,184.9 | 173.1 | 130.7 |
| 2021-03-31 | 1,088 | 179.8 | 122.3 |
MEI's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- MEI has a Quality Grade of B, ranking ahead of 88.97% of graded US stocks.
- MEI's asset turnover comes in at 0.809 -- ranking 79th of 208 Electronic Equipment stocks.
- TTMI, STM, and DSPG are the stocks whose asset turnover ratios are most correlated with MEI.
The table below shows MEI's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-07-31 | 0.809 | 0.254 | 0.186 |
| 2021-05-01 | 0.748 | 0.252 | 0.159 |
| 2021-01-30 | 0.697 | 0.258 | 0.160 |
| 2020-10-31 | 0.711 | 0.268 | 0.168 |
| 2020-08-01 | 0.706 | 0.267 | 0.157 |
| 2020-05-02 | 0.787 | 0.276 | 0.187 |
MEI Price Target
For more insight on analysts targets of MEI, see our MEI price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $49.00 | Average Broker Recommendation | 2 (Hold) |
MEI Stock Price Chart Interactive Chart >
MEI Price/Volume Stats
| Current price | $45.62 | 52-week high | $49.94 |
| Prev. close | $45.34 | 52-week low | $33.91 |
| Day low | $45.17 | Volume | 73,100 |
| Day high | $45.95 | Avg. volume | 175,921 |
| 50-day MA | $40.10 | Dividend yield | 1.23% |
| 200-day MA | $41.54 | Market Cap | 1.67B |
Methode Electronics, Inc. (MEI) Company Bio
Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices in the United States and internationally. The company operates through Automotive, Interface, Power Products, and Other segments. The company was founded in 1946 and is based in Chicago, Illinois.
Latest MEI News From Around the Web
Below are the latest news stories about METHODE ELECTRONICS INC that investors may wish to consider to help them evaluate MEI as an investment opportunity.
Sidoti's September Small-Cap Virtual ConferenceSidoti & Company, LLC has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September 21-22, 2022. |
Methode Electronics to Present at the Sidoti Small Cap Virtual ConferenceCHICAGO, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applications, will present at the Sidoti Small Cap Virtual Conference on Wednesday, September 21st at 12:15 p.m. EDT. A simultaneous webcast can be accessed through the company’s website, www.methode.com, by selecting the Investors page. The webcast will also be archived on the same Investors page. Abou |
Methode Electronics’ Board Approves DividendCHICAGO, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.14 per share to be paid on October 28, 2022, to common stockholders of record at the close of business on October 14, 2022. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE: MEI) is a leading |
Methode Electronics (MEI) Gets a Hold from BarringtonBarrington analyst Christopher Howe maintained a Hold rating on Methode Electronics (MEI - Research Report) today. The company's shares opened today at $39.10.Howe covers the Industrial Goods sector, focusing on stocks such as Columbus Mckinnon, Standex International, and Commercial Vehicle Group. According to TipRanks, Howe has an average return of 9.7% and a 43.41% success rate on recommended stocks. Methode Electronics has an analyst consensus of Hold, with a price target consensus of $41.00, which is a 4.86% upside from current levels. In a report released on September 1, Robert W. Baird also maintained a Hold rating on the stock with a $41.00 price target. |
Methode Electronics, Inc. Reports Fiscal 2023 First Quarter Financial ResultsRecord Industrial Segment Sales of $92 MillionOver $90 Million in Program AwardsFiscal 2023 Sales and Earnings Guidance Confirmed CHICAGO, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applications, today announced financial results for the first quarter of fiscal 2023 ended July 30, 2022. Fiscal First Quarter 2023 Highlights Net sales were $282.4 million, |
MEI Price Returns
| 1-mo | 11.43% |
| 3-mo | 12.75% |
| 6-mo | 2.07% |
| 1-year | 0.60% |
| 3-year | 26.28% |
| 5-year | 2.17% |
| YTD | -5.90% |
| 2021 | 29.92% |
| 2020 | -1.32% |
| 2019 | 71.59% |
| 2018 | -41.22% |
| 2017 | -2.19% |
MEI Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching MEI
Want to see what other sources are saying about Methode Electronics Inc's financials and stock price? Try the links below:Methode Electronics Inc (MEI) Stock Price | Nasdaq
Methode Electronics Inc (MEI) Stock Quote, History and News - Yahoo Finance
Methode Electronics Inc (MEI) Stock Price and Basic Information | MarketWatch
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