Methode Electronics, Inc. (MEI): Price and Financial Metrics


Methode Electronics, Inc. (MEI): $41.47

0.55 (+1.34%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MEI POWR Grades

  • Quality is the dimension where MEI ranks best; there it ranks ahead of 90.16% of US stocks.
  • MEI's strongest trending metric is Growth; it's been moving up over the last 178 days.
  • MEI's current lowest rank is in the Sentiment metric (where it is better than 28.39% of US stocks).

MEI Stock Summary

  • METHODE ELECTRONICS INC's stock had its IPO on March 23, 1990, making it an older stock than 86.19% of US equities in our set.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 1.53 for METHODE ELECTRONICS INC; that's greater than it is for 27.38% of US stocks.
  • As for revenue growth, note that MEI's revenue has grown -0.75% over the past 12 months; that beats the revenue growth of just 24.5% of US companies in our set.
  • If you're looking for stocks that are quantitatively similar to METHODE ELECTRONICS INC, a group of peers worth examining would be CULL, AGX, BTTR, AX, and MBUU.
  • MEI's SEC filings can be seen here. And to visit METHODE ELECTRONICS INC's official web site, go to www.methode.com.

MEI Valuation Summary

  • MEI's price/sales ratio is 1.3; this is 45.83% lower than that of the median Technology stock.
  • MEI's price/sales ratio has moved up 0.5 over the prior 243 months.

Below are key valuation metrics over time for MEI.

Stock Date P/S P/B P/E EV/EBIT
MEI 2023-03-14 1.3 1.6 17.8 15.6
MEI 2023-03-13 1.3 1.6 17.5 15.3
MEI 2023-03-10 1.3 1.6 18.1 15.9
MEI 2023-03-09 1.3 1.7 18.5 16.2
MEI 2023-03-08 1.5 1.9 18.1 16.3
MEI 2023-03-07 1.5 1.9 18.2 16.3

MEI Growth Metrics

    Its 4 year cash and equivalents growth rate is now at -26.09%.
  • Its year over year revenue growth rate is now at 6.95%.
  • Its 5 year cash and equivalents growth rate is now at -26.09%.
MEI's revenue has moved up $362,100,000 over the prior 67 months.

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
2022-09-30 1,178.6 90.2 94.7
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

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 >

Price chart for MEI

MEI Price/Volume Stats

Current price $41.47 52-week high $51.38
Prev. close $40.92 52-week low $33.91
Day low $41.18 Volume 86,950
Day high $41.91 Avg. volume 146,741
50-day MA $47.15 Dividend yield 1.34%
200-day MA $42.52 Market Cap 1.50B

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.


MEI Latest News Stream


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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.

Methode Electronics’ Board Approves Dividend

CHICAGO, March 16, 2023 (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 April 28, 2023, to common stockholders of record at the close of business on April 14, 2023. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE: MEI) is a leading glo

Yahoo | March 16, 2023

Methode Electronics to Present at the Sidoti Small-Cap Conference

CHICAGO, March 15, 2023 (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 Conference on Wednesday, March 22nd at 10:00 a.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. About Methode El

Yahoo | March 15, 2023

Methode Electronics, Inc. Reports Fiscal Third Quarter 2023 Financial Results

Record Electric and Hybrid Vehicle Application SalesStrong Free Cash Flow$8 Million in Share BuybacksAnnounced Cash Offer to Acquire Nordic Lights Group Corporation CHICAGO, March 09, 2023 (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 third quarter of fiscal 2023 ended January 28, 2023. Fiscal Third Quarter 2023 High

Yahoo | March 9, 2023

Methode Electronics Announces a Cash Offer to Acquire Nordic Lights Group Corporation

CHICAGO, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced that it has entered into a definitive agreement pursuant to which it will launch a recommended public tender offer for all of the outstanding shares of Nordic Lights Group Corporation (“Nordic Lights”), at an offer price of EUR 6.30 per share, for a total equity value of ap

Yahoo | February 28, 2023

Methode Electronics to Announce Third Quarter Fiscal 2023 Results on Thursday, March 9, 2023

CHICAGO, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced it will release its third quarter fiscal 2023 results for the period ended January 28, 2023, on Thursday, March 9, 2023, before the market opens. Following the release, the company will conduct a conference call and webcast to review financial and operational highlights led

Yahoo | February 24, 2023

Read More 'MEI' Stories Here

MEI Price Returns

1-mo -16.51%
3-mo -6.34%
6-mo 9.34%
1-year -2.41%
3-year 84.67%
5-year 8.20%
YTD -6.26%
2022 -8.48%
2021 29.92%
2020 -1.32%
2019 71.59%
2018 -41.22%

MEI Dividends

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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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