Methode Electronics, Inc. (MEI)

NYSE: MEI · IEX Real-Time Price · USD
12.87
-0.11 (-0.85%)
Jul 26, 2024, 4:00 PM EDT - Market closed
-0.85%
Market Cap 454.63M
Revenue (ttm) 1.11B
Net Income (ttm) -123.30M
Shares Out 35.32M
EPS (ttm) -3.48
PE Ratio n/a
Forward PE 13.66
Dividend $0.56 (4.34%)
Ex-Dividend Date Jul 12, 2024
Volume 292,069
Open 13.23
Previous Close 12.98
Day's Range 12.74 - 13.23
52-Week Range 8.54 - 33.86
Beta 0.71
Analysts Hold
Price Target 12.00 (-6.76%)
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 company 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 incorporate ... [Read more]

Sector Technology
Founded 1946
Employees 7,500
Stock Exchange NYSE
Ticker Symbol MEI
Full Company Profile

Financial Performance

Financial Statements

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 a decrease of -6.76% from the latest price.

Price Target
$12.0
(-6.76% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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, July 19, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Methode Electronics, Inc. (“Meth...

6 days ago - GlobeNewsWire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues 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, continues its investigation on behalf of Methode Electronics, Inc. (“Methode” or the ...

8 days ago - Business Wire

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 continues its investigation on behalf of Methode Electronics, Inc. (“Methode” or the “Company”) (NYSE: MEI) investors concerning the Comp...

8 days ago - Business Wire

The Law Offices of Frank R. Cruz Continues Investigation of Methode Electronics, Inc. (MEI) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Methode Electronics, Inc. (“Methode” or the “Company”) (NYSE: MEI) on behalf of investors concerning the C...

9 days ago - Business Wire

Methode Electronics: Johnson Fistel has Commenced a Class Action Investigation Following Significant News

SAN DIEGO, CA / ACCESSWIRE / July 17, 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...

9 days ago - Accesswire

Gold Rises Sharply; Methode Electronics Shares Spike Higher

U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite dipping 2% on Thursday.

15 days ago - Benzinga

Legal Alert: Johnson Fistel has Commenced a Class Action Investigation Following Significant News

SAN DIEGO , July 3, 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 execu...

23 days ago - PRNewsWire

Wall Street's Most Accurate Analysts Weigh In On 3 Tech Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...

Other symbols: HPQIBM
24 days ago - Benzinga

Methode Electronics Appoints Jon DeGaynor as President and CEO

Methode Electronics to Announce Fourth Quarter  Fiscal 2024 Results on Thursday, July 11, 2024

4 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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 ...

6 weeks ago - Accesswire

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...

7 weeks ago - PRNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - PRNewsWire

Top 3 Tech Stocks That Could Lead To Your Biggest Gains In March - CalAmp (NASDAQ:CAMP), Luna Innovations (NASDAQ:LUNA)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: LUNA
4 months ago - Benzinga

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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...

5 months ago - Business Wire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

7 months ago - Business Wire