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How to buy Methode Electronics stock | $37.79

Own Methode Electronics stock in just a few minutes.

Fact checked

Methode Electronics, Inc 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 6,044 staff and has a trailing 12-month revenue of around USD$944.6 million.

How to buy shares in Methode Electronics

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Methode Electronics. Find the stock by name or ticker symbol: MEI. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Methode Electronics reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$37.79, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Methode Electronics, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Methode Electronics. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Methode Electronics share price

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

Methode Electronics shares at a glance

Information last updated 2020-12-01.
Latest market closeUSD$37.79
52-week rangeUSD$21.5138 - USD$41.1102
50-day moving average USD$33.084
200-day moving average USD$30.7001
Wall St. target priceUSD$36
PE ratio 11.6207
Dividend yield USD$0.44 (1.23%)
Earnings per share (TTM) USD$3.048

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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 $37.79 from 2020-12-09

1 week (2021-01-12) N/A
1 month (2020-12-23) -0.74%
3 months (2020-10-23) 16.78%
6 months (2020-07-19) N/A
1 year (2020-01-19) N/A
2 years (2019-01-19) N/A
3 years (2018-01-19) N/A
5 years (2016-01-19) N/A

Is Methode Electronics under- or over-valued?

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's P/E ratio

Methode Electronics's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Methode Electronics shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Methode Electronics's PEG ratio

Methode Electronics's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.16. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Methode Electronics's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Methode Electronics's EBITDA

Methode Electronics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$182.6 million.

The EBITDA is a measure of a Methode Electronics's overall financial performance and is widely used to measure a its profitability.

Methode Electronics financials

Revenue TTM USD$944.6 million
Operating margin TTM 14.19%
Gross profit TTM USD$283.5 million
Return on assets TTM 6.23%
Return on equity TTM 15.16%
Profit margin 12.26%
Book value $21.684
Market capitalisation USD$1.3 billion

TTM: trailing 12 months

Shorting Methode Electronics shares

There are currently 463,467 Methode Electronics shares held short by investors – that's known as Methode Electronics's "short interest". This figure is 5.2% down from 488,918 last month.

There are a few different ways that this level of interest in shorting Methode Electronics shares can be evaluated.

Methode Electronics's "short interest ratio" (SIR)

Methode Electronics's "short interest ratio" (SIR) is the quantity of Methode Electronics shares currently shorted divided by the average quantity of Methode Electronics shares traded daily (recently around 196384.3220339). Methode Electronics's SIR currently stands at 2.36. In other words for every 100,000 Methode Electronics shares traded daily on the market, roughly 2360 shares are currently held short.

However Methode Electronics's short interest can also be evaluated against the total number of Methode Electronics shares, or, against the total number of tradable Methode Electronics shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Methode Electronics's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Methode Electronics shares in existence, roughly 10 shares are currently held short) or 0.0169% of the tradable shares (for every 100,000 tradable Methode Electronics shares, roughly 17 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Methode Electronics.

Find out more about how you can short Methode Electronics stock.

Methode Electronics share dividends

14%

Dividend payout ratio: 14.43% of net profits

Recently Methode Electronics has paid out, on average, around 14.43% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.23% 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 1.23% return on their shares, in the form of dividend payments. In Methode Electronics's case, that would currently equate to about $0.44 per share.

While Methode Electronics's payout ratio might seem low, this can signify that Methode Electronics is investing more in its future growth.

Methode Electronics's most recent dividend payout was on 30 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 15 October 2020 (the "ex-dividend date").

Have Methode Electronics's shares ever split?

Methode Electronics's shares were split on a 10000:3742 basis on 30 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 $21.5138 up to $41.1102. A popular way to gauge a stock's volatility is its "beta".

MEI.US volatility(beta: 1.27)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 1.2723. This would suggest that Methode Electronics's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Methode Electronics overview

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.

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