Methode Electronics, Inc. (MEI)
Market Cap | 366.29M |
Revenue (ttm) | 1.14B |
Net Income (ttm) | -57.90M |
Shares Out | 35.39M |
EPS (ttm) | -1.62 |
PE Ratio | n/a |
Forward PE | 13.66 |
Dividend | $0.56 (5.41%) |
Ex-Dividend Date | Jul 12, 2024 |
Volume | 982,121 |
Open | 9.86 |
Previous Close | 9.79 |
Day's Range | 9.86 - 10.40 |
52-Week Range | 8.54 - 34.04 |
Beta | 0.78 |
Analysts | Hold |
Price Target | 12.00 (+15.94%) |
Earnings Date | Jul 11, 2024 |
About MEI
Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment 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 i... [Read more]
Financial Performance
In 2023, MEI's revenue was $1.18 billion, an increase of 1.38% compared to the previous year's $1.16 billion. Earnings were $77.10 million, a decrease of -24.56%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MEI stock is "Hold." The 12-month stock price forecast is $12.0, which is an increase of 15.94% from the latest price.
News
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Methode Electronics: Johnson Fistel has Commenced a Class Action Investigation Following Significant News
SAN DIEGO, CA / ACCESSWIRE / June 26, 2024 / Shareholder rights law firm Johnson Fistel, LLP is investigating whether Methode Electronics, Inc. ("Methode" or the "Company") (NYSE:MEI) or any of its ex...
![](https://cdn.snapi.dev/images/v1/w/q/press16-2496203.jpg)
Methode Electronics Appoints Jon DeGaynor as President and CEO
Methode Electronics to Announce Fourth Quarter Fiscal 2024 Results on Thursday, July 11, 2024
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Legal Alert: Johnson Fistel has Commenced a Class Action Investigation Following Significant News
SAN DIEGO , June 20, 2024 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Methode Electronics, Inc. ("Methode" or the "Company") (NYSE: MEI) or any of its exec...
![](https://cdn.snapi.dev/images/v1/v/x/press8-2478745.jpg)
Methode Electronics' Board Approves Dividend
CHICAGO, June 13, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting, and power distribution appl...
![](https://cdn.snapi.dev/images/v1/t/r/press2-2470300.jpg)
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Methode Electronics Inc. - MEI
NEW YORK, NY / ACCESSWIRE / June 9, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Methode Electronics Inc. ("Methode" or the "Company") (NYSE:MEI). Such investors are advised ...
![](https://cdn.snapi.dev/images/v1/p/r/press4-2469429.jpg)
KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...
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Methode Electronics Announces CEO Transition
Kevin Nystrom Appointed Interim Chief Executive Officer Mark Schwabero Appointed Vice Chairman of the Board CHICAGO, May 06, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading g...
![](https://cdn.snapi.dev/images/v1/l/z/press1-2361843.jpg)
Methode Electronics Announces CFO Transition Plan
CHICAGO, April 08, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distributi...
![](https://cdn.snapi.dev/images/v1/a/2/press1-2345280.jpg)
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Methode Electronics Inc. - MEI
NEW YORK , March 27, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Methode Electronics Inc. ("Methode" or the "Company") (NYSE: MEI). Such investors are advised...
![](https://cdn.snapi.dev/images/v1/x/j/image18-2334878.jpg)
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The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
![](https://cdn.snapi.dev/images/v1/v/h/press4-2332039.jpg)
Methode Electronics, Inc. (MEI) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights
NEW YORK, NY / ACCESSWIRE / March 19, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methode Electronics, Inc. ("Methode Electronics") (NYSE:MEI) concerning possi...
![](https://cdn.snapi.dev/images/v1/u/c/press7-2330635.jpg)
Methode Electronics, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - MEI
NEW YORK, NY / ACCESSWIRE / March 19, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methode Electronics, Inc. ("Methode Electronics") (NYSE:MEI) concerning possi...
![](https://cdn.snapi.dev/images/v1/o/l/press10-2327972.jpg)
MEI ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Methode Electronics, Inc.
NEW YORK, NY / ACCESSWIRE / March 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methode Electronics, Inc. ("Methode Electronics") (NYSE:MEI) concerning possi...
![](https://cdn.snapi.dev/images/v1/a/e/press20-2326817.jpg)
ATTENTION MEI SHAREHOLDERS: Investors Who Lost Money on Methode Electronics, Inc. Are Urged to Contact Levi & Korsinsky About an Ongoing Investigation
NEW YORK, NY / ACCESSWIRE / March 15, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methode Electronics, Inc. ("Methode Electronics") (NYSE:MEI) concerning possi...
![](https://cdn.snapi.dev/images/v1/r/z/press6-2325216.jpg)
MEI STOCK ALERT: Levi & Korsinsky Notifies Methode Electronics, Inc. Investors of an Ongoing Investigation
NEW YORK, NY / ACCESSWIRE / March 14, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Methode Electronics, Inc. ("Methode Electronics") (NYSE:MEI) concerning possi...
![](https://cdn.snapi.dev/images/v1/w/c/press4-2315724.jpg)
Methode Electronics Alert: Johnson Fistel Has Commenced a Class Action Investigation
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, LLP is investigating whether Methode Electronics, Inc. (“Methode” or the “Company”) (NYSE: MEI) or any of its executive officers...
![](https://cdn.snapi.dev/images/v1/n/l/press10-2312733.jpg)
Methode Electronics, Inc. Reports Fiscal 2024 Third Quarter Financial Results
CHICAGO, March 07, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution appl...
![](https://cdn.snapi.dev/images/v1/k/l/conf11-2289640.jpg)
Methode Electronics to Announce Third Quarter Fiscal 2024 Results on Thursday, March 7, 2024
CHICAGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distributio...
![](https://cdn.snapi.dev/images/v1/r/h/press3-2211381.jpg)
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Methode Electronics, Inc. (MEI) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Methode Electroni...
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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Methode Electronics, Inc. (MEI) on Behalf of Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Methode Electronics, Inc. (“Methode” or the “Company”) (NYSE: MEI) investors concerning the Compa...
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The Law Offices of Frank R. Cruz Announces Investigation of Methode Electronics, Inc. (MEI) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Methode Electronics, Inc. (“Methode” or the “Company”) (NYSE: MEI) on behalf of investors concerning the Co...
![](https://cdn.snapi.dev/images/v1/o/u/press8-2207158.jpg)
METHODE ALERT: Bragar Eagel & Squire, P.C. is Investigating Methode Electronics Inc. on Behalf of Methode Stockholders and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Methode Electronics Inc. (“Methode” or the “...
![](https://cdn.snapi.dev/images/v1/x/h/press11-2204094.jpg)
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Methode Electronics, Inc. Investors to Inquire About Securities Class Action Investigation – MEI
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Methode Electronics, Inc. (NYS...
![](https://cdn.snapi.dev/images/v1/v/m/press13-2202585.jpg)
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 Methode Seasoned Electronics Industry Leader Brings More ...
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Methode Electronics Inc. - MEI
NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of Methode Electronics Inc. ("Methode" or the "Company") (NYSE: MEI). Such investors are advised to contact D...