Methode Electronics, Inc. (MEI)

$25.25

+0.87

(+3.57%)▲

Market is closed - opens 8 PM, 05 Dec 2023

Insights on Methode Electronics, Inc.

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 301.2M → 289.7M (in $), with an average decrease of 3.8% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 4 quarters, 27.6M → 900.0K (in $), with an average decrease of 58.7% per quarter

  • Vs JBL

    In the last 1 year, Jabil Circuit Inc. has given 62.9% return, outperforming this stock by 114.4%

  • Vs JBL

    In the last 3 years, Jabil Circuit Inc. has given 188.3% return, outperforming this stock by 223.3%

Performance

  • $24.26
    $25.34
    $25.25
    downward going graph

    3.92%

    Downside

    Day's Volatility :4.26%

    Upside

    0.36%

    downward going graph
  • $21.26
    $50.71
    $25.25
    downward going graph

    15.8%

    Downside

    52 Weeks Volatility :58.08%

    Upside

    50.21%

    downward going graph

Returns

PeriodMethode Electronics, Inc.Sector (Technology)Index (Russel 2000)
3 Months
-19.03%
5.3%
0.0%
6 Months
-43.36%
11.2%
0.0%
1 Year
-50.08%
37.1%
-6.5%
3 Years
-35.02%
47.2%
-6.5%

Highlights

Market Capitalization
860.3M
Book Value
$25.87
Dividend Share
0.56
Dividend Yield
2.34%
Earnings Per Share (EPS)
1.54
PE Ratio
15.51
PEG Ratio
1.16
Wall Street Target Price
39.0
Profit Margin
4.76%
Operating Margin TTM
1.59%
Return On Assets TTM
3.55%
Return On Equity TTM
6.13%
Revenue TTM
1.2B
Revenue Per Share TTM
33.16
Quarterly Revenue Growth YOY
2.6%
Gross Profit TTM
264.6M
EBITDA
135.3M
Diluted Eps TTM
1.54
Quarterly Earnings Growth YOY
-0.97
EPS Estimate Current Year
2.25
EPS Estimate Next Year
1.62
EPS Estimate Current Quarter
0.23
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Buy
    57%Buy
    42%Hold
    0
    0%Sell
Based on 7 Wall street analysts offering stock ratings for Methode Electronics, Inc.(by analysts ranked 0 to 5 stars)
Based on 7 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
4
4
4
Hold
3
3
3
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 54.46%

Current $25.25
Target $39.00

Company Financials

FY18Y/Y Change
Revenue
908.3M
↑ 11.24%
Net Income
57.2M
↓ 38.43%
Net Profit Margin
6.3%
↓ 5.08%
FY19Y/Y Change
Revenue
1.0B
↑ 10.13%
Net Income
91.6M
↑ 60.14%
Net Profit Margin
9.16%
↑ 2.86%
FY20Y/Y Change
Revenue
1.0B
↑ 2.36%
Net Income
123.4M
↑ 34.72%
Net Profit Margin
12.05%
↑ 2.89%
FY21Y/Y Change
Revenue
1.1B
↑ 6.26%
Net Income
122.3M
↓ 0.89%
Net Profit Margin
11.24%
↓ 0.81%
FY22Y/Y Change
Revenue
1.2B
↑ 6.95%
Net Income
102.2M
↓ 16.43%
Net Profit Margin
8.78%
↓ 2.46%
FY23Y/Y Change
Revenue
1.2B
↑ 1.38%
Net Income
77.1M
↓ 24.56%
Net Profit Margin
6.54%
↓ 2.24%
Q2 FY22Q/Q Change
Revenue
288.7M
↓ 0.99%
Net Income
16.2M
↓ 44.9%
Net Profit Margin
5.61%
↓ 4.47%
Q3 FY22Q/Q Change
Revenue
282.4M
↓ 2.18%
Net Income
21.5M
↑ 32.72%
Net Profit Margin
7.61%
↑ 2.0%
Q4 FY22Q/Q Change
Revenue
315.9M
↑ 11.86%
Net Income
27.6M
↑ 28.37%
Net Profit Margin
8.74%
↑ 1.13%
Q1 FY23Q/Q Change
Revenue
280.1M
↓ 11.33%
Net Income
19.9M
↓ 27.9%
Net Profit Margin
7.1%
↓ 1.64%
Q2 FY23Q/Q Change
Revenue
301.2M
↑ 7.53%
Net Income
8.1M
↓ 59.3%
Net Profit Margin
2.69%
↓ 4.41%
Q3 FY23Q/Q Change
Revenue
289.7M
↓ 3.82%
Net Income
900.0K
↓ 88.89%
Net Profit Margin
0.31%
↓ 2.38%
FY18Y/Y Change
Total Assets
915.9M
↑ 30.1%
Total Liabilities
285.9M
↑ 75.51%
FY19Y/Y Change
Total Assets
1.2B
↑ 34.48%
Total Liabilities
542.0M
↑ 89.58%
FY20Y/Y Change
Total Assets
1.4B
↑ 11.28%
Total Liabilities
587.2M
↑ 8.34%
FY21Y/Y Change
Total Assets
1.5B
↑ 7.03%
Total Liabilities
549.0M
↓ 6.51%
FY22Y/Y Change
Total Assets
1.4B
↓ 5.31%
Total Liabilities
475.3M
↓ 13.42%
FY23Y/Y Change
Total Assets
1.6B
↑ 13.68%
Total Liabilities
637.3M
↑ 34.08%
Q2 FY22Q/Q Change
Total Assets
1.4B
↓ 1.57%
Total Liabilities
475.3M
↓ 3.96%
Q3 FY22Q/Q Change
Total Assets
1.4B
↑ 0.06%
Total Liabilities
478.5M
↑ 0.67%
Q4 FY22Q/Q Change
Total Assets
1.4B
↑ 0.32%
Total Liabilities
495.5M
↑ 3.55%
Q1 FY23Q/Q Change
Total Assets
1.4B
↑ 2.45%
Total Liabilities
485.9M
↓ 1.94%
Q2 FY23Q/Q Change
Total Assets
1.6B
↑ 10.54%
Total Liabilities
637.3M
↑ 31.16%
Q3 FY23Q/Q Change
Total Assets
1.6B
↓ 0.32%
Total Liabilities
641.8M
↑ 0.71%
FY18Y/Y Change
Operating Cash Flow
117.8M
↓ 18.87%
Investing Cash Flow
-179.0M
↑ 724.88%
Financing Cash Flow
-12.7M
↓ 72.98%
FY19Y/Y Change
Operating Cash Flow
102.0M
↓ 13.41%
Investing Cash Flow
-470.8M
↑ 163.02%
Financing Cash Flow
217.4M
↓ 1811.81%
FY20Y/Y Change
Operating Cash Flow
140.6M
↑ 37.84%
Investing Cash Flow
-44.5M
↓ 90.55%
Financing Cash Flow
41.7M
↓ 80.82%
FY21Y/Y Change
Operating Cash Flow
179.8M
↑ 27.88%
Investing Cash Flow
-24.8M
↓ 44.27%
Financing Cash Flow
-142.9M
↓ 442.69%
FY22Y/Y Change
Operating Cash Flow
98.8M
↓ 45.05%
Investing Cash Flow
-37.4M
↑ 50.81%
Financing Cash Flow
-114.6M
↓ 19.8%
FY23Y/Y Change
Operating Cash Flow
132.8M
↑ 34.41%
Investing Cash Flow
-153.1M
↑ 309.36%
Financing Cash Flow
3.2M
↓ 102.79%
Q2 FY22Q/Q Change
Operating Cash Flow
42.0M
↑ 108.96%
Investing Cash Flow
-9.6M
↑ 14.29%
Financing Cash Flow
-10.8M
↓ 68.33%
Q3 FY22Q/Q Change
Operating Cash Flow
12.7M
↓ 69.76%
Investing Cash Flow
-14.5M
↑ 51.04%
Financing Cash Flow
-20.8M
↑ 92.59%
Q4 FY22Q/Q Change
Operating Cash Flow
15.4M
↑ 21.26%
Investing Cash Flow
-27.3M
↑ 88.28%
Financing Cash Flow
-27.9M
↑ 34.13%
Q1 FY23Q/Q Change
Operating Cash Flow
55.7M
↑ 261.69%
Investing Cash Flow
-153.1M
↑ 460.81%
Financing Cash Flow
-14.9M
↓ 46.59%
Q2 FY23Q/Q Change
Operating Cash Flow
49.0M
↓ 12.03%
Investing Cash Flow
-13.8M
↓ 90.99%
Financing Cash Flow
66.8M
↓ 548.32%

Technicals Summary

Sell

Neutral

Buy

Methode Electronics, Inc. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Methode Electronics, Inc.
Methode Electronics, Inc.
1.2%
-43.36%
-50.08%
-35.02%
-21.83%
Te Connectivity Ltd.
Te Connectivity Ltd.
4.85%
6.28%
6.49%
10.31%
77.97%
Amphenol Corporation
Amphenol Corporation
9.4%
20.31%
16.1%
38.86%
115.48%
Corning Inc.
Corning Inc.
4.04%
-7.12%
-13.91%
-24.01%
-10.3%
Jabil Circuit Inc.
Jabil Circuit Inc.
-8.06%
27.66%
64.94%
188.31%
377.96%
Flextronics International Ltd.
Flextronics International Ltd.
0.12%
0.43%
22.2%
54.18%
208.55%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Methode Electronics, Inc.
Methode Electronics, Inc.
15.51
15.51
1.16
2.25
0.06
0.04
0.02
25.87
Te Connectivity Ltd.
Te Connectivity Ltd.
21.74
21.74
1.63
6.7
0.17
0.08
0.02
37.03
Amphenol Corporation
Amphenol Corporation
29.07
29.07
2.86
2.95
0.27
0.1
0.01
13.13
Corning Inc.
Corning Inc.
41.47
41.47
1.24
1.7
0.06
0.03
0.04
13.94
Jabil Circuit Inc.
Jabil Circuit Inc.
21.79
21.79
0.91
8.5
0.31
0.05
0.0
21.83
Flextronics International Ltd.
Flextronics International Ltd.
15.24
15.24
0.97
2.31
0.23
0.04
0.03
15.23
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Methode Electronics, Inc.
Methode Electronics, Inc.
Buy
$860.3M
-21.83%
15.51
4.76%
Te Connectivity Ltd.
Te Connectivity Ltd.
Buy
$40.6B
77.97%
21.74
11.91%
Amphenol Corporation
Amphenol Corporation
Buy
$53.9B
115.48%
29.07
15.41%
Corning Inc.
Corning Inc.
Buy
$24.1B
-10.3%
41.47
4.5%
Jabil Circuit Inc.
Jabil Circuit Inc.
Buy
$16.8B
377.96%
21.79
2.36%
Flextronics International Ltd.
Flextronics International Ltd.
Buy
$11.5B
208.55%
15.24
2.62%

Institutional Holdings

  • BlackRock Inc

    15.81%

  • Vanguard Group Inc

    12.97%

  • FMR Inc

    12.14%

  • Dimensional Fund Advisors, Inc.

    5.75%

  • Earnest Partners LLC

    4.47%

  • State Street Corporation

    3.78%

Corporate Announcements

  • Methode Electronics, Inc. Dividends September,2023

    In the quarter ending September,2023. Methode Electronics, Inc. has declared dividend of $0.14

    Read More

Company Information

methode electronics, inc. (nyse: mei) is an international engineering company headquartered in chicago, il. methode was founded in 1946 as a single-product manufacturer and has since expanded its business into industrial design, distribution and professional services. here at methode, we utilize technical capabilities to develop custom-engineered application-specific products and solutions for a variety of markets and customers. this includes the industries of automotive, big data, white goods, aerospace & defense, consumer electronics and healthcare. for additional information, visit methode.com.

Organization
Methode Electronics, Inc.
Employees
6700
CEO
Mr. Donald W. Duda
Industry
Electronic Technology

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