Methode Electronics, Inc.
General ticker "MEI" information:
- Sector: Information Technology
- Industry: Hardware, Equipment & Parts
- Capitalization: $298.4M (TTM average)
Methode Electronics, Inc. follows the US Stock Market performance with the rate: 20.5%.
Estimated limits based on current volatility of 3.1%: low 7.14$, high 7.59$
Factors to consider:
- Company pays dividends (quarterly): last record date 2026-01-16, amount 0.05$ (Y2.78%)
- Total employees count: 7500 (+11.9%) as of 2024
- China accounted for 17.6% of revenue in the fiscal year ended 2024-04-27
- US accounted for 42.7% of revenue in the fiscal year ended 2024-04-27
- Top business risk factors: Automotive industry dependence, Economic downturns and volatility, Geopolitical risks, Product defects, Environmental regulations
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-05-03 to 2027-05-03
- 2025-05-03 to 2026-05-03 estimated range: [4.21$, 9.24$]
- 2026-05-03 to 2027-05-03 estimated range: [4.68$, 9.70$]
Financial Metrics affecting the MEI estimates:
- Positive: with PPE of -5.5 at the end of fiscal year the price was neutral
- Positive: -4.72 < Operating profit margin, % of -2.23
- Positive: 6.68 < Operating cash flow per share per price, % of 11.82
- Positive: -0.01 < Industry operating cash flow per share per price (median), % of 2.64
- Positive: 42.60 < Shareholder equity ratio, % of 53.09 <= 64.25
- Positive: -8.75 < Industry operating profit margin (median), % of -1.06
- Negative: negative Net income
Short-term MEI quotes
Long-term MEI plot with estimates
Financial data
| YTD | 2023-04-29 | 2024-04-27 | 2025-05-03 |
|---|---|---|---|
| Operating Revenue | $1,179.60MM | $1,114.50MM | $1,048.10MM |
| Operating Expenses | $1,089.20MM | $1,226.50MM | $1,072.00MM |
| Operating Income | $90.40MM | $-112.00MM | $-23.90MM |
| Non-Operating Income | $-0.30MM | $-16.10MM | $-26.20MM |
| Interest Expense | $2.70MM | $16.70MM | $22.70MM |
| Income(Loss) | $90.10MM | $-128.10MM | $-50.10MM |
| Taxes | $13.00MM | $-4.80MM | $12.50MM |
| Profit(Loss)* | $77.10MM | $-123.30MM | $-62.60MM |
| Stockholders Equity | $941.80MM | $766.00MM | $693.30MM |
| Inventory | $159.70MM | $186.20MM | $194.10MM |
| Assets | $1,579.10MM | $1,403.50MM | $1,305.80MM |
| Operating Cash Flow | $132.80MM | $47.50MM | $26.40MM |
| Capital expenditure | $42.00MM | $50.20MM | $41.60MM |
| Investing Cash Flow | $-153.10MM | $-17.50MM | $-32.90MM |
| Financing Cash Flow | $3.20MM | $-18.90MM | $-58.90MM |
| Earnings Per Share** | $2.14 | $-3.48 | $-1.76 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.