METHODE ELECTRONICS INC (MEI) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:MEI - US5915202007 - Common Stock
MEI Key Statistics, Chart & Performance
The current stock price of MEI is 7.42 USD. In the past month the price increased by 9.22%. In the past year, price decreased by -42.44%.
MEI Technical Analysis
ChartMill assigns a technical rating of 5 / 10 to MEI. When comparing the yearly performance of all stocks, MEI is a bad performer in the overall market: 84.62% of all stocks are doing better.
MEI Fundamental Analysis
ChartMill assigns a fundamental rating of 3 / 10 to MEI. While MEI seems to be doing ok healthwise, there are quite some concerns on its profitability.
MEI Financial Highlights
Over the last trailing twelve months MEI reported a non-GAAP Earnings per Share(EPS) of -1.39. The EPS decreased by -90.41% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -4.89% | ||
| ROE | -9.26% | ||
| Debt/Equity | 0.49 |
MEI Forecast & Estimates
7 analysts have analysed MEI and the average price target is 9.69 USD. This implies a price increase of 30.59% is expected in the next year compared to the current price of 7.42.
For the next year, analysts expect an EPS growth of 49.5% and a revenue growth -6.38% for MEI
MEI Ownership
About MEI
Company Profile
Methode Electronics, Inc. engages in the manufacture of component and subsystem devices. The company is headquartered in Chicago, Illinois and currently employs 6,500 full-time employees. The Company’s segments include Automotive, Industrial, Interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers, either directly or through their tiered suppliers. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies, such as its PowerRail solution, and powder-coated busbars. The Interface segment offers a variety of high-speed digital communication over copper media solutions for the data center and broadband markets, and interface panel solutions for the appliance market. The Medical segment is made up of its medical device business.
Company Info
METHODE ELECTRONICS INC
8750 West Bryn Mawr Avenue, Suite 1000
Chicago ILLINOIS 60631 US
CEO: Donald W. Duda
Employees: 7500
Phone: 17088676777
METHODE ELECTRONICS INC / MEI FAQ
Can you describe the business of METHODE ELECTRONICS INC?
Methode Electronics, Inc. engages in the manufacture of component and subsystem devices. The company is headquartered in Chicago, Illinois and currently employs 6,500 full-time employees. The Company’s segments include Automotive, Industrial, Interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers, either directly or through their tiered suppliers. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies, such as its PowerRail solution, and powder-coated busbars. The Interface segment offers a variety of high-speed digital communication over copper media solutions for the data center and broadband markets, and interface panel solutions for the appliance market. The Medical segment is made up of its medical device business.
What is the current price of MEI stock?
The current stock price of MEI is 7.42 USD. The price decreased by -2.11% in the last trading session.
What is the dividend status of METHODE ELECTRONICS INC?
METHODE ELECTRONICS INC (MEI) has a dividend yield of 2.7%. The yearly dividend amount is currently 0.57.
How is the ChartMill rating for METHODE ELECTRONICS INC?
MEI has a ChartMill Technical rating of 5 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
How is the market expecting MEI stock to perform?
7 analysts have analysed MEI and the average price target is 9.69 USD. This implies a price increase of 30.59% is expected in the next year compared to the current price of 7.42.
Can you provide the sector and industry classification for METHODE ELECTRONICS INC?
METHODE ELECTRONICS INC (MEI) operates in the Information Technology sector and the Electronic Equipment, Instruments & Components industry.
Is METHODE ELECTRONICS INC (MEI) expected to grow?
The Revenue of METHODE ELECTRONICS INC (MEI) is expected to decline by -6.38% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.