MEI 📈 Methode Electronics - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5915202007
MEI: Switches, Sensors, Lighting, Cables, Connectors, Assemblies, Panels
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. Its solutions include copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois. Web URL: https://www.methode.com
Additional Sources for MEI Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
MEI Stock Overview
Market Cap in USD | 465m |
Sector | Technology |
Industry | Electronic Components |
GiC Sub-Industry | Electronic Manufacturing Services |
IPO / Inception | 1990-03-23 |
MEI Stock Ratings
Growth 5y | -75.9% |
Fundamental | -39.3% |
Dividend | 63.4% |
Rel. Strength Industry | -269 |
Analysts | 3/5 |
Fair Price Momentum | 10.37 USD |
Fair Price DCF | - |
MEI Dividends
Dividend Yield 12m | 4.61% |
Yield on Cost 5y | 1.56% |
Annual Growth 5y | 4.94% |
Payout Consistency | 96.1% |
MEI Growth Ratios
Growth Correlation 3m | 26.6% |
Growth Correlation 12m | -64% |
Growth Correlation 5y | -40.5% |
CAGR 5y | -19.42% |
CAGR/Mean DD 5y | -0.68 |
Sharpe Ratio 12m | -0.41 |
Alpha | -71.69 |
Beta | 1.09 |
Volatility | 64.42% |
Current Volume | 635.4k |
Average Volume 20d | 581k |
What is the price of MEI stocks?
As of December 21, 2024, the stock is trading at USD 12.15 with a total of 635,444 shares traded.
Over the past week, the price has changed by -7.04%, over one month by +34.55%, over three months by +5.44% and over the past year by -42.35%.
As of December 21, 2024, the stock is trading at USD 12.15 with a total of 635,444 shares traded.
Over the past week, the price has changed by -7.04%, over one month by +34.55%, over three months by +5.44% and over the past year by -42.35%.
Is Methode Electronics a good stock to buy?
Probably not. Based on ValueRay Fundamental Analyses, Methode Electronics (NYSE:MEI) is currently (December 2024) not a good stock to buy. It has a ValueRay Fundamental Rating of -39.29 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MEI as of December 2024 is 10.37. This means that MEI is currently overvalued and has a potential downside of -14.65%.
Probably not. Based on ValueRay Fundamental Analyses, Methode Electronics (NYSE:MEI) is currently (December 2024) not a good stock to buy. It has a ValueRay Fundamental Rating of -39.29 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MEI as of December 2024 is 10.37. This means that MEI is currently overvalued and has a potential downside of -14.65%.
Is MEI a buy, sell or hold?
Methode Electronics has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold MEI.
Methode Electronics has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold MEI.
- Strong Buy: 0
- Buy: 0
- Hold: 4
- Sell: 0
- Strong Sell: 0
What are the forecast for MEI stock price target?
According to ValueRays Forecast Model, MEI Methode Electronics will be worth about 11.3 in December 2025. The stock is currently trading at 12.15. This means that the stock has a potential downside of -7.08%.
According to ValueRays Forecast Model, MEI Methode Electronics will be worth about 11.3 in December 2025. The stock is currently trading at 12.15. This means that the stock has a potential downside of -7.08%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 14.7 | 20.7% |
Analysts Target Price | 39 | 221% |
ValueRay Target Price | 11.3 | -7.1% |