Methode Electronics, Inc. (MEI)

NYSE: MEI · IEX Real-Time Price · USD
41.95
-0.53 (-1.25%)
Jan 28, 2022 3:14 PM EST - Market open
Market Cap1.56B
Revenue (ttm)1.18B
Net Income (ttm)119.60M
Shares Out37.27M
EPS (ttm)3.11
PE Ratio13.49
Forward PEn/a
Dividend$0.53 (1.26%)
Ex-Dividend DateJan 13, 2022
Volume111,176
Open42.68
Previous Close42.48
Day's Range41.52 - 42.98
52-Week Range37.51 - 50.20
Beta1.20
AnalystsBuy
Price Target50.00 (+19.2%)
Earnings Daten/a

About MEI

Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices 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 switches, ergonomic switches, transmission lead-frames, and LED-based lighting and sensors, which incorporate magneto-el...

IndustryElectronic Equipment, Instruments & Components
Founded1946
CEODonald Duda
Employees7,200
Stock ExchangeNYSE
Ticker SymbolMEI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for MEI stock is "Buy." The 12-month stock price forecast is 50.00, which is an increase of 19.19% from the latest price.

Price Target
$50.00
(19.19% upside)
Analyst Consensus: Buy

News

Methode Electronics to Present at the Sidoti Small Cap Virtual Investor Conference

CHICAGO, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applica...

2 weeks ago - GlobeNewsWire

Methode Electronics' Board Approves Dividend

CHICAGO, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting, and power distribution applic...

1 month ago - GlobeNewsWire

Methode Electronics Reports Mixed Q2 Results; Slashes FY22 Outlook Citing Supply Chain Disruptions

Methode Electronics Inc (NYSE: MEI) reported the second-quarter FY22 net sales decline of 1.8% year-on-year to $295.5 million, beating the consensus of $275.8 million. The decrease was due to lower sale...

1 month ago - Benzinga

Methode Electronics, Inc. Reports Fiscal Second Quarter 2022 Financial Results

CHICAGO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applica...

1 month ago - GlobeNewsWire

Earnings Preview For Methode Electronics

Methode Electronics (NYSE:MEI) is set to give its latest quarterly earnings report on Thursday, 2021-12-02. Here's what investors need to know before the announcement.

1 month ago - Benzinga

Nuvei Announces Closing of US $ 424,833,000 Initial Public Offering in the United States

Underwriters exercise over-allotment option in full MONTRÉAL, Oct. 8, 2021 /PRNewswire/ - Nuvei Corporation ("Nuvei" or the "Company") (NASDAQ: MEI) TSX: NVEI), the global payment technology partner of ...

3 months ago - PRNewsWire

Methode Electronics to Present at the Sidoti Fall Virtual Investor Conference

CHICAGO, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applic...

4 months ago - GlobeNewsWire

Investors Boo Methode Electronics Q1 Earnings, FY22 Outlook

Custom-engineered solutions provider Methode Electronics Inc (NYSE: MEI) reported the first-quarter FY22 net sales growth of 50.8% year-on-year to $287.8 million, beating the analyst consensus of $281.5...

4 months ago - Benzinga

Methode Electronics, Inc. Reports Fiscal 2022 First Quarter Financial Results

CHICAGO, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applic...

4 months ago - GlobeNewsWire

Methode Electronics to Announce First Quarter Fiscal 2022 Results on Thursday, September 2, 2021

CHICAGO, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution ...

5 months ago - GlobeNewsWire

Methode Electronics to Present at the J.P. Morgan Virtual Auto Conference

CHICAGO, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution ...

5 months ago - GlobeNewsWire

Recap: Methode Electronics Q4 Earnings

Shares of Methode Electronics (NYSE:MEI) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share rose 2.53% year over year to $0.81, which beat the estimate of $0.70.

7 months ago - Benzinga

Methode Electronics, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Financial Results

CHICAGO, June 24, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system, and power distribution...

7 months ago - GlobeNewsWire

Methode Electronics Earnings Preview

Methode Electronics (NYSE:MEI) announces its next round of earnings this Thursday, June 24. Here is Benzinga's look at Methode Electronics's Q4 earnings report.

7 months ago - Benzinga

Methode Electronics' Board Approves Dividend Increase

CHICAGO, June 17, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system, and power distribution...

7 months ago - GlobeNewsWire

Methode Electronics to Announce Fourth Quarter and Full Year Fiscal 2021 Results on Thursday, June 24, 2021

CHICAGO, June 10, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system, and power distribution...

7 months ago - GlobeNewsWire

Methode Electronics to Present at the Stifel 2021 Virtual Cross Sector Insight Conference

CHICAGO, June 02, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system, and power distribution...

7 months ago - GlobeNewsWire

Methode Electronics to Present at the Oppenheimer 16th Annual Industrial Growth Conference

CHICAGO, April 28, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, will present at the Oppenheime...

9 months ago - GlobeNewsWire

Methode Electronics' Board Authorizes $100 Million Share Buyback Program

CHICAGO, March 31, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, announced today that its board...

9 months ago - GlobeNewsWire

Methode Electronics Adds Janie Goddard to its Board of Directors

CHICAGO, March 18, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, announced today the election o...

10 months ago - GlobeNewsWire

Top Stocks To Buy Today As Reopening Plays Lead Flat Market

As the indices trade roughly flat and we look ahead to a big week, Q.ai's Artificial Intelligence has assessed each firm to find you today's top buys.

Other symbols:ABGCNSPROV
10 months ago - Forbes

Methode (MEI) Surpasses Q3 Earnings and Revenue Estimates

Methode (MEI) delivered earnings and revenue surprises of 5.06% and 5.30%, respectively, for the quarter ended January 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Methode Electronics, Inc. Reports Fiscal Third Quarter 2021 Financial Results

CHICAGO, March 04, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, today announced financial resu...

10 months ago - GlobeNewsWire

Methode Electronics to Announce Third Quarter Fiscal 2021 Results on Thursday, March 4, 2021

CHICAGO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, announced it will release its t...

11 months ago - GlobeNewsWire

Can Value Investors Pick Methode Electronics (MEI) Stock Now?

Is Methode Electronics (MEI) a great pick from the value investor's perspective right now? Read on to know more.

11 months ago - Zacks Investment Research