Methode Electronics, Inc. (MEI): Price and Financial Metrics
Methode Electronics, Inc. (MEI)
Today's Latest Price: $32.36 USD
Updated Oct 23 7:00pm
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POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 38 in Technology - Electronics
See all "A" rated Strong Buy stocks
MEI Stock Summary
- Methode Electronics Inc's stock had its IPO on March 23, 1990, making it an older stock than 88.13% of US equities in our set.
- With a price/earnings ratio of 9.91, Methode Electronics Inc P/E ratio is greater than that of about just 19.55% of stocks in our set with positive earnings.
- In terms of volatility of its share price, MEI is more volatile than only 8.97% of stocks we're observing.
- If you're looking for stocks that are quantitatively similar to Methode Electronics Inc, a group of peers worth examining would be RICK, GIL, STN, NSEC, and SAVE.
- MEI's SEC filings can be seen here. And to visit Methode Electronics Inc's official web site, go to www.methode.com.
MEI Stock Price Chart Interactive Chart >
MEI Price/Volume Stats
| Current price | $32.36 | 52-week high | $41.70 |
| Prev. close | $31.62 | 52-week low | $21.76 |
| Day low | $31.67 | Volume | 291,028 |
| Day high | $32.41 | Avg. volume | 228,539 |
| 50-day MA | $28.96 | Dividend yield | 1.36% |
| 200-day MA | $30.17 | Market Cap | 1.21B |
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 Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $32.36 | $19.33 | -37% |
Below please find a table outlining a discounted cash flow forecast for MEI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Methode Electronics Inc ranked in the 36th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Methode Electronics Inc, consider:
- The company's compound free cash flow growth rate over the past 5.5 years comes in at -0.03%; that's greater than merely 20.71% of US stocks we're applying DCF forecasting to.
- Methode Electronics Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 13.88% of tickers in our DCF set.
- The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 0% of stocks in its sector (Technology).
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -38% |
| 1% | -37% |
| 2% | -37% |
| 3% | -36% |
| 4% | -36% |
| 5% | -35% |
Want more companies with a valuation profile/forecast similar to that of Methode Electronics Inc? See W, XPER, ALTR, EVTC, and YY.
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