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How to buy Methode Electronics stock (MEI)

Buy Methode Electronics stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

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 7,500 staff and has a trailing 12-month revenue of around $1.1 billion.

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  4. Search for the stock name – MEI. Search for the stock by name or ticker symbol.
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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 2024-07-22.
Latest market close$12.98
52-week range$8.45 - $32.72
50-day moving average $11.21
200-day moving average $17.46
Wall St. target price$14.00
PE ratio N/A
Dividend yield $0.56 (4.17%)
Earnings per share (TTM) $-3.48

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 $12.98 from 2024-07-25

1 week (2024-07-19) -3.35%
1 month (2024-06-27) 32.58%
3 months (2024-04-26) 6.22%
6 months (2024-01-26) -39.00%
1 year (2023-07-27) -60.26%
2 years (2022-07-27) -66.90%
3 years (2021-07-27) 45.28
5 years (2019-07-26) 29.7056

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'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 $58.5 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 $1.1 billion
Gross profit TTM $264.6 million
Return on assets TTM 0.03%
Return on equity TTM -14.35%
Profit margin -11.06%
Book value $21.70
Market Capitalization $474.4 million

TTM: trailing 12 months

Methode Electronics share dividends

36%

Dividend payout ratio: 36.36% of net profits

Recently Methode Electronics has paid out, on average, around 36.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.17% 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 4.17% 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 25 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 11 July 2024 (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 $8.4531 up to $32.7249. A popular way to gauge a stock's volatility is its "beta".

MEI.US volatility(beta: 0.71)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 0.713. This would suggest that Methode Electronics's shares are less volatile than average (for this exchange).

Methode Electronics overview

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 magneto-elastic sensing, eddy current, or other sensing technologies that monitor the operation or status of a component or system. The company also 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, commercial vehicles, data centers, industrial equipment, power conversion, military, telecommunications, and transportation markets. Further, it provides high-speed digital communication over copper media solutions for data center and broadband markets; and interface panel solutions for appliance market.

Frequently asked questions

What percentage of Methode Electronics is owned by insiders or institutions?
Currently 5.032% of Methode Electronics shares are held by insiders and 100.256% by institutions.
How many people work for Methode Electronics?
Latest data suggests 7,500 work at Methode Electronics.
When does the fiscal year end for Methode Electronics?
Methode Electronics's fiscal year ends in April.
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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