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...

• Industry: Electronic Components
• Sector: Technology
• Founded: 1946
• Employees: 6,700
• Stock Exchange: NYSE
• Ticker Symbol: MEI

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%.

Analyst 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.

Price Target

$12.0

(15.94% upside)

Analyst Consensus: Hold