Methode Electronics Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $22.22
- Today's High:
- $22.83
- Open Price:
- $22.51
- 52W Low:
- $22.22
- 52W High:
- $50.999
- Prev. Close:
- $22.61
- Volume:
- 372037
Company Statistics
- Market Cap.:
- $814.17 million
- Book Value:
- 25.865
- Revenue TTM:
- $1.19 billion
- Operating Margin TTM:
- 7.09%
- Gross Profit TTM:
- $264.60 million
- Profit Margin:
- 4.76%
- Return on Assets TTM:
- 3.55%
- Return on Equity TTM:
- 6.13%
Company Profile
Methode Electronics Inc had its IPO on 1990-03-23 under the ticker symbol MEI.
The company operates in the Technology sector and Electronic Components industry. Methode Electronics Inc has a staff strength of 6,700 employees.
Stock update
Shares of Methode Electronics Inc opened at $22.51 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $22.22 - $22.83, and closed at $22.77.
This is a +0.71% increase from the previous day's closing price.
A total volume of 372,037 shares were traded at the close of the day’s session.
In the last one week, shares of Methode Electronics Inc have slipped by -26.81%.
Methode Electronics Inc's Key Ratios
Methode Electronics Inc has a market cap of $814.17 million, indicating a price to book ratio of 1.8624 and a price to sales ratio of 1.3664.
In the last 12-months Methode Electronics Inc’s revenue was $1.19 billion with a gross profit of $264.60 million and an EBITDA of $135.30 million. The EBITDA ratio measures Methode Electronics Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Methode Electronics Inc’s operating margin was 7.09% while its return on assets stood at 3.55% with a return of equity of 6.13%.
In Q2.6666666666667, Methode Electronics Inc’s quarterly earnings growth was a negative -96.6% while revenue growth was a positive 2.6%.
Methode Electronics Inc’s PE and PEG Ratio
- Forward PE
- 17.1821
- Trailing PE
- 14.6818
- PEG
- 1.16
Its diluted EPS in the last 12-months stands at $1.54 per share while it has a forward price to earnings multiple of 17.1821 and a PEG multiple of 1.16. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Methode Electronics Inc’s profitability.
Methode Electronics Inc stock is trading at a EV to sales ratio of 1.5049 and a EV to EBITDA ratio of 10.8812. Its price to sales ratio in the trailing 12-months stood at 1.3664.
Methode Electronics Inc stock pays annual dividends of $0.56 per share, indicating a yield of 2.4% and a payout ratio of 25.57%.
Balance sheet and cash flow metrics
- Total Assets
- $1.57 billion
- Total Liabilities
- $208.40 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $13.80 million
- Dividend Payout Ratio
- 25.57%
Methode Electronics Inc ended 2024 with $1.57 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.57 billion while shareholder equity stood at $931.40 million.
Methode Electronics Inc ended 2024 with $0 in deferred long-term liabilities, $208.40 million in other current liabilities, 18700000.00 in common stock, $764.80 million in retained earnings and $302.50 million in goodwill. Its cash balance stood at $147.90 million and cash and short-term investments were $147.90 million. The company’s total short-term debt was $10,100,000 while long-term debt stood at $0.
Methode Electronics Inc’s total current assets stands at $657.50 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $314.20 million compared to accounts payable of $131.90 million and inventory worth $175.60 million.
In 2024, Methode Electronics Inc's operating cash flow was $0 while its capital expenditure stood at $13.80 million.
Comparatively, Methode Electronics Inc paid $0.26 in dividends in 2024.
Other key metrics
- Current Trading Price
- $22.77
- 52-Week High
- $50.999
- 52-Week Low
- $22.22
- Analyst Target Price
- $47
Methode Electronics Inc stock is currently trading at $22.77 per share. It touched a 52-week high of $50.999 and a 52-week low of $50.999. Analysts tracking the stock have a 12-month average target price of $47.
Its 50-day moving average was $31.71 and 200-day moving average was $40.66 The short ratio stood at 3.17 indicating a short percent outstanding of 0%.
Around 388% of the company’s stock are held by insiders while 9406% are held by institutions.
Frequently Asked Questions About Methode Electronics Inc
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About
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. 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. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.