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Methode Electronics, Inc. (MEI)

Stock Price: $30.12 USD 0.58 (1.96%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.13B
Revenue (ttm) 1.02B
Net Income (ttm) 123.40M
Shares Out 37.53M
EPS (ttm) 3.26
PE Ratio 9.24
Forward PE n/a
Dividend $0.44
Dividend Yield 1.46%

Stock Quote

Trading Day Aug 7, 2020
Last Price $30.12
Previous Close $29.54
Change ($) 0.58
Change (%) 1.96%
Day's Open 29.25
Day's Range 29.14 - 30.13
Day's Volume 272,746
52-Week Range 21.76 - 41.70

More Stats

Market Cap 1.13B
Enterprise Value 1.29B
Earnings Date (est) n/a
Ex-Dividend Date Apr 16, 2020
Shares Outstanding 37.53M
Float 72.97M
EPS (basic) 3.28
EPS (diluted) 3.26
FCF / Share 2.58
Dividend $0.44
Dividend Yield 1.46%
Earnings Yield 10.82%
FCF Yield 8.45%
Payout Ratio 13.40%
Shares Short 580,642
Short Ratio 2.09
Short % of Float 2.16%
Beta 1.21
PE Ratio 9.24
Forward PE n/a
P/FCF Ratio 11.84
PS Ratio 1.10
PB Ratio 1.35
Revenue 1.02B
Operating Income 147.10M
Net Income 123.40M
Free Cash Flow 95.50M
Net Cash -160.70M
Net Cash / Share -4.28
Gross Margin 27.69%
Operating Margin 14.37%
Profit Margin 12.10%
FCF Margin 9.33%
ROA 7.41%
ROE 16.75%
ROIC 18.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (1)

Buy 1
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$38.00*
Low
38.0
Current: $30.12
High
38.0
Target: 38.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2020201920182017201620152014201320122011
Revenue1,0241,000908817809881773520465428
Revenue Growth2.36%10.13%11.24%0.91%-8.17%14.01%48.67%11.76%8.61%-
Gross Profit28326624021821321915791.6083.1089.17
Operating Income14710711811111011273.6019.2011.4014.66
Net Income12391.6057.2092.9084.6010196.1040.708.4019.50
Shares Outstanding37.0936.9936.8536.7936.9138.3539.2637.0637.0236.94
Earnings Per Share3.282.451.542.492.212.572.511.080.220.52
EPS Growth33.88%59.09%-38.15%12.67%-14.01%2.39%132.41%390.91%-57.69%-
Dividend Per Share0.440.440.400.360.360.360.300.280.280.28
Dividend Growth0%10%11.11%0%0%20%7.14%0%0%-
Operating Cash Flow14110211814511112372.4033.2024.8017.04
Capital Expenditures-45.10-49.80-47.70-22.40-23.20-22.50-29.00-38.60-25.70-15.22
Free Cash Flow95.5052.2070.1012387.5010043.40-5.40-0.901.82
Cash & Equivalents21783.2024629422816811665.8086.8057.45
Total Debt37829357.8027.0057.005.0048.0043.5048.00-
Net Cash / Debt-161-20918826717116368.4022.3038.8057.45
Assets1,3711,232916704656606576435404335
Liabilities58754228616318614718314514873.60
Book Value783690630541470459392289255259
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Methode Electronics, Inc.
Country United States
Employees 6,044
CEO Donald W. Duda

Stock Information

Ticker Symbol MEI
Stock Exchange New York Stock Exchange
Sector Technology
Industry Electronic Components
Unique Identifier NYSE: MEI

Description

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-elastic sensing and other technologies that monitor the operation or status of a component or system. The Industrial segment manufactures external lighting solutions; industrial safety radio remote controls; braided flexible cables; current-carrying laminated busbars and devices; custom power-product assemblies, such as PowerRail solution; high-current low-voltage flexible power cabling systems; and powder-coated busbars that are used in various markets and applications comprising aerospace, commercial vehicles, computers, industrial, power conversion, military, telecommunications, and transportation. The Interface segment provides various copper and fiber-optic interface, and interface solutions for the appliance, commercial food service, construction, consumer, material handling, point-of-sale, and telecommunications markets. Its solutions comprise copper transceivers and solid-state field-effect consumer touch panels. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. The company was founded in 1946 and is headquartered in Chicago, Illinois.