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

Methode Electronics, Inc. (MEI): $21.60

0.30 (+1.41%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

C

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Industry: Technology - Electronics

Industry

C

Ranked

#34 of 41

in industry

MEI Price/Volume Stats

Current price $21.60 52-week high $50.74
Prev. close $21.30 52-week low $19.91
Day low $21.02 Volume 183,600
Day high $21.77 Avg. volume 254,950
50-day MA $21.41 Dividend yield 2.64%
200-day MA $27.60 Market Cap 768.94M

MEI Stock Price Chart Interactive Chart >

MEI POWR Grades

  • Stability is the dimension where MEI ranks best; there it ranks ahead of 56.72% of US stocks.
  • MEI's strongest trending metric is Growth; it's been moving down over the last 26 weeks.
  • MEI ranks lowest in Growth; there it ranks in the 1st percentile.

MEI Stock Summary

  • MEI's went public 33.81 years ago, making it older than 88.46% of listed US stocks we're tracking.
  • With a year-over-year growth in debt of 56.78%, METHODE ELECTRONICS INC's debt growth rate surpasses 87.59% of about US stocks.
  • In terms of twelve month growth in earnings before interest and taxes, METHODE ELECTRONICS INC is reporting a growth rate of -112.79%; that's higher than merely 12.02% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to METHODE ELECTRONICS INC are TDS, MCY, MHK, EVH, and ONEW.
  • 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

  • In comparison to the median Technology stock, MEI's EV/EBIT ratio is 430.66% lower, now standing at -70.1.
  • Over the past 243 months, MEI's EV/EBIT ratio has gone down 80.8.

Below are key valuation metrics over time for MEI.

Stock Date P/S P/B P/E EV/EBIT
MEI 2023-12-08 0.7 0.9 -29.0 -70.1
MEI 2023-12-07 0.7 0.9 -29.8 -71.7
MEI 2023-12-06 0.7 0.9 15.5 15.5
MEI 2023-12-05 0.7 0.9 15.5 15.5
MEI 2023-12-04 0.8 1.0 16.1 16.0
MEI 2023-12-01 0.7 0.9 15.5 15.5

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)

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.


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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 Appoints Avi Avula as New CEO

Seasoned Electronics Industry Leader Brings More than 20 Years of Experience Driving Transformational Growth and Value Creation Initiatives to MethodeCHICAGO, Dec. 19, 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 today that Avi Avula has been appointed as Methode’s new President and Chief Executive Officer (CEO), starting on January 29

Yahoo | December 19, 2023

MEI Stock Earnings: Methode Electronics Misses EPS, Misses Revenue for Q2 2024

MEI stock results show that Methode Electronics missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.

InvestorPlace Earnings on InvestorPlace | December 7, 2023

Methode Electronics, Inc. Reports Fiscal 2024 Second Quarter Financial Results

CHICAGO, Dec. 07, 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 second quarter of fiscal 2024 ended October 28, 2023. Fiscal Second Quarter 2024 Highlights Net sales were $288.0 millionElectric and hybrid vehicle applications were 19 percent of net salesGoodwill impairment of $56.5 million in North American and

Yahoo | December 7, 2023

Methode Electronics’ Board Approves Dividend

CHICAGO, Dec. 06, 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 January 26, 2024, to common stockholders of record at the close of business on January 12, 2024. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE: MEI) is a leading

Yahoo | December 6, 2023

Methode Electronics to Announce Second Quarter Fiscal 2024 Results on Thursday, December 7, 2023

CHICAGO, Nov. 22, 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 second quarter fiscal 2024 results for the period ended October 28, 2023, on Thursday, December 7, 2023, before the market opens. Following the release, the company will conduct a conference call and webcast to review financial and operational highlights

Yahoo | November 22, 2023

Read More 'MEI' Stories Here

MEI Price Returns

1-mo 0.65%
3-mo -10.80%
6-mo N/A
1-year -56.07%
3-year -43.90%
5-year -18.82%
YTD -4.33%
2023 -47.94%
2022 -8.48%
2021 29.92%
2020 -1.32%
2019 71.59%

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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