Methode Electronics Inc
General ticker "MEI" information:
- Sector: Information Technology
- Industry: Electronic Equipment, Instruments & Components
- Capitalization: $428.7M
Methode Electronics Inc does not follow the US Stock Market performance with the rate: -25.9%.
Estimated limits based on current volatility of 2.3%: low 11.91$, high 12.49$
Factors to consider:
- Company pays dividends: last record date 2024-10-18, amount 0.14$ (Y4.61%)
- China accounted for 20.3% of revenue in the fiscal year ended 2023-04-29
- US accounted for 40.1% of revenue in the fiscal year ended 2023-04-29
- Earnings for 6 months up through Q2 exceed 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 2024-04-27 to 2026-04-27
- 2024-04-27 to 2025-04-27 estimated range: [11.15$, 19.64$]
- 2025-04-27 to 2026-04-27 estimated range: [12.97$, 21.65$]
Financial Metrics affecting the MEI estimates:
- Negative: Non-GAAP EPS, $ of -0.44 <= 0.10
- Negative: Operating profit margin, % of -9.13 <= 1.03
- Positive: -0.96 < Investing cash flow per share, $ of -0.49
- Negative: negative Net income
Short-term MEI quotes
Long-term MEI plot with estimates
Financial data
| YTD | 2022-04-30 | 2023-04-29 | 2024-04-27 |
|---|---|---|---|
| Operating Revenue | $1,163.60MM | $1,179.60MM | $1,114.50MM |
| Operating Expenses | $1,051.90MM | $1,089.20MM | $1,226.50MM |
| Operating Income | $111.70MM | $90.40MM | $-112.00MM |
| Non-Operating Income | $6.80MM | $-0.30MM | $-16.10MM |
| Interest Expense | $3.50MM | $2.70MM | $16.70MM |
| R&D Expense | $35.70MM | $35.00MM | $49.10MM |
| Income(Loss) | $118.50MM | $90.10MM | $-128.10MM |
| Taxes | $16.30MM | $13.00MM | $-4.80MM |
| Profit(Loss) | $102.20MM | $77.10MM | $-123.30MM |
| Stockholders Equity | $913.80MM | $941.80MM | $766.00MM |
| Inventory | $158.50MM | $159.70MM | $186.20MM |
| Assets | $1,389.10MM | $1,579.10MM | $1,403.50MM |
| Operating Cash Flow | $98.80MM | $132.80MM | $47.50MM |
| Capital expenditure | $38.00MM | $42.00MM | $50.20MM |
| Investing Cash Flow | $-37.40MM | $-153.10MM | $-17.50MM |
| Financing Cash Flow | $-114.60MM | $3.20MM | $-18.90MM |
| Earnings Per Share* | $2.74 | $2.14 | $-3.48 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.