Methode Electronics Stock Today
| MEI Stock | USD 10.92 0.19 1.77% |
Performance3 of 100
| Odds Of DistressLess than 30
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Methode Electronics is trading at 10.92 as of the 28th of November 2024. This is a 1.77 percent increase since the beginning of the trading day. The stock's open price was 10.73. Methode Electronics has about a 30 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Methode Electronics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 23rd of March 1990 | Category Technology | Classification Information Technology |
Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois. Methode Electronics operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. The company has 35.25 M outstanding shares of which 1.63 M shares are now shorted by investors with about 4.69 days to cover. More on Methode Electronics
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Methode Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Donald Duda | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Manitok Energy Inc., EAGLE INSURANCE CO. LTD, Merit Invest SA, Mediclinic International PLC] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NYSE Composite, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsMethode Electronics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Methode Electronics' financial leverage. It provides some insight into what part of Methode Electronics' total assets is financed by creditors.
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Methode Electronics (MEI) is traded on New York Stock Exchange in USA. It is located in 8750 West Bryn Mawr Avenue, Chicago, IL, United States, 60631-3518 and employs 7,500 people. Methode Electronics is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 378.18 M. Methode Electronics runs under Electronic Equipment, Instruments & Components sector within Information Technology industry. The entity has 35.25 M outstanding shares of which 1.63 M shares are now shorted by investors with about 4.69 days to cover.
Methode Electronics has about 157 M in cash with 47.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.17.
Check Methode Electronics Probability Of Bankruptcy
Ownership AllocationMethode Electronics maintains a total of 35.25 Million outstanding shares. The majority of Methode Electronics outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Methode Electronics to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Methode Electronics. Please pay attention to any change in the institutional holdings of Methode Electronics as this could imply that something significant has changed or is about to change at the company. Also note that almost nine hundred twenty-six thousand nine hundred fourty-six invesors are currently shorting Methode Electronics expressing very little confidence in its future performance.
Check Methode Ownership Details
Methode Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Millennium Management Llc | 2024-06-30 | 648 K | |
| Brandywine Global Investment Mgmt Llc | 2024-09-30 | 605.9 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 461.8 K | |
| Ameriprise Financial Inc | 2024-06-30 | 458.3 K | |
| American Century Companies Inc | 2024-09-30 | 408.9 K | |
| Cubist Systematic Strategies, Llc | 2024-09-30 | 388.3 K | |
| Jane Street Group Llc | 2024-06-30 | 381.9 K | |
| Bank Of New York Mellon Corp | 2024-06-30 | 380.6 K | |
| Two Sigma Investments Llc | 2024-09-30 | 347.3 K | |
| Fmr Inc | 2024-09-30 | 5.3 M | |
| Blackrock Inc | 2024-06-30 | 3 M |
Methode Electronics Historical Income Statement
Methode Stock Against Markets
Methode Electronics Corporate Directors
| Brian Cadwallader | Independent Director | Profile | |
| Mary Lindsey | Independent Director | Profile | |
| Angelo Pantaleo | Independent Director | Profile | |
| Mark Schwabero | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methode Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Methode Electronics. If investors know Methode will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Methode Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Dividend Share 0.56 | Earnings Share (4.03) | Revenue Per Share 30.598 | Quarterly Revenue Growth (0.11) |
The market value of Methode Electronics is measured differently than its book value, which is the value of Methode that is recorded on the company's balance sheet. Investors also form their own opinion of Methode Electronics' value that differs from its market value or its book value, called intrinsic value, which is Methode Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Methode Electronics' market value can be influenced by many factors that don't directly affect Methode Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Methode Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Methode Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methode Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.