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How to buy Methode Electronics stock

Learn how to easily invest in Methode Electronics stock.

Methode Electronics is an electronic components business based in the US. Methode Electronics shares (MEI) are listed on the NYSE and all prices are listed in US Dollars. Methode Electronics employs 6,700 staff and has a trailing 12-month revenue of around $1.2 billion.

How to buy Methode Electronics stock

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  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – MEI. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Methode Electronics stock price (NYSE: MEI)

Use our graph to track the performance of MEI stocks over time.

Methode Electronics shares at a glance

Information last updated 2023-09-19.
Latest market close$22.24
52-week range$21.93 - $51.00
50-day moving average $30.89
200-day moving average $40.45
Wall St. target price$39.00
PE ratio 14.4675
Dividend yield $0.56 (2.49%)
Earnings per share (TTM) $1.54

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Is it a good time to buy Methode Electronics stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Methode Electronics price performance over time

Historical closes compared with the close of $22.24 from 2023-09-19

1 week (2023-09-14) -2.63%
1 month (2023-08-21) -28.12%
3 months (2023-06-21) -40.72%
6 months (2023-03-17) N/A
1 year (2022-09-17) N/A
2 years (2021-09-21) -47.06%
3 years (2020-09-21) 24.6089
5 years (2018-09-21) 35.3534

Is Methode Electronics stock undervalued or overvalued?

Valuing Methode Electronics stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Methode Electronics's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Methode Electronics financials

Revenue TTM $1.2 billion
Operating margin TTM 7.09%
Gross profit TTM $264.6 million
Return on assets TTM 3.55%
Return on equity TTM 6.13%
Profit margin 4.76%
Book value $25.87
Market Capitalization $802.3 million

TTM: trailing 12 months

Methode Electronics share dividends

26%

Dividend payout ratio: 25.57% of net profits

Recently Methode Electronics has paid out, on average, around 25.57% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.49% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Methode Electronics shareholders could enjoy a 2.49% return on their shares, in the form of dividend payments. In Methode Electronics's case, that would currently equate to about $0.56 per share.

While Methode Electronics's payout ratio might seem fairly standard, it's worth remembering that Methode Electronics may be investing much of the rest of its net profits in future growth.

Methode Electronics's most recent dividend payout was on 26 October 2023. The latest dividend was paid out to all shareholders who bought their shares by 11 October 2023 (the "ex-dividend date").

Have Methode Electronics's shares ever split?

Methode Electronics's shares were split on a 10000:3742 basis on 29 April 2001. So if you had owned 3742 shares the day before before the split, the next day you'd have owned 10000 shares. This wouldn't directly have changed the overall worth of your Methode Electronics shares – just the quantity. However, indirectly, the new 62.6% lower share price could have impacted the market appetite for Methode Electronics shares which in turn could have impacted Methode Electronics's share price.

Methode Electronics share price volatility

Over the last 12 months, Methode Electronics's shares have ranged in value from as little as $21.93 up to $50.999. A popular way to gauge a stock's volatility is its "beta".

MEI.US volatility(beta: 1.03)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Methode Electronics's is 1.0266. This would suggest that Methode Electronics's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Methode Electronics overview

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 incorporate magneto-elastic sensing, eddy current, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures external lighting solutions comprising driving, work, and signal lights; industrial safety radio remote controls; braided flexible cables; current-carrying laminated and powder-coated busbars; high-voltage high current connector and contracts; custom power-product assemblies, such as PowerRail solution; and high-current low-voltage flexible power cabling systems that are used in aerospace, cloud computing, commercial vehicles, construction equipment, industrial, military, power conversion, and transportation markets and applications. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets.

Frequently asked questions

What percentage of Methode Electronics is owned by insiders or institutions?
Currently 3.88% of Methode Electronics shares are held by insiders and 94.06% by institutions.
How many people work for Methode Electronics?
Latest data suggests 6,700 work at Methode Electronics.
When does the fiscal year end for Methode Electronics?
Methode Electronics's fiscal year ends in May.
Where is Methode Electronics based?
Methode Electronics's address is: 8750 West Bryn Mawr Avenue, Chicago, IL, United States, 60631-3518
What is Methode Electronics's ISIN number?
Methode Electronics's international securities identification number is: US5915202007
What is Methode Electronics's CUSIP number?
Methode Electronics's Committee on Uniform Securities Identification Procedures number is: 591520101

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