Methode Electronics Stock Analysis
MEI Stock | USD 12.29 0.23 1.91% |
Methode Electronics is undervalued with Real Value of 18.48 and Target Price of 39.0. The main objective of Methode Electronics stock analysis is to determine its intrinsic value, which is an estimate of what Methode Electronics is worth, separate from its market price. There are two main types of Methode Electronics' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Methode Electronics' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Methode Electronics' stock to identify patterns and trends that may indicate its future price movements.
The Methode Electronics stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Methode Electronics is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Methode Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Methode Electronics' ongoing operational relationships across important fundamental and technical indicators.
Methode |
Methode Stock Analysis Notes
About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.53. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Methode Electronics has Price/Earnings To Growth (PEG) ratio of 1.16. The entity recorded a loss per share of 1.63. The firm last dividend was issued on the 11th of April 2024. Methode Electronics had 10000:3742 split on the 30th of April 2001. 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. It employs 7000 people. To find out more about Methode Electronics contact Donald Duda at 708 867 6777 or learn more at https://www.methode.com.Methode Electronics Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Methode Electronics' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Methode Electronics or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Methode Electronics generated a negative expected return over the last 90 days | |
Methode Electronics has high historical volatility and very poor performance | |
Methode Electronics has a strong financial position based on the latest SEC filings | |
Over 99.0% of the company shares are owned by institutional investors | |
Latest headline from news.google.com: Trend Tracker for - News Stock Traders Daily |
Methode Electronics Upcoming and Recent Events
Earnings reports are used by Methode Electronics to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Methode Electronics previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
14th of March 2024 Upcoming Quarterly Report | View | |
27th of June 2024 Next Financial Report | View | |
31st of January 2024 Next Fiscal Quarter End | View | |
27th of June 2024 Next Fiscal Year End | View | |
31st of October 2023 Last Quarter Report | View | |
30th of April 2023 Last Financial Announcement | View |
Methode Largest EPS Surprises
Earnings surprises can significantly impact Methode Electronics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2001-06-26 | 2001-05-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2006-12-07 | 2006-11-30 | 0.11 | 0.13 | 0.02 | 18 | ||
2001-03-01 | 2001-02-28 | 0.18 | 0.2 | 0.02 | 11 |
Methode Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Methode Electronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Methode Electronics backward and forwards among themselves. Methode Electronics' institutional investor refers to the entity that pools money to purchase Methode Electronics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Charles Schwab Investment Management Inc | 2023-12-31 | 554.9 K | Bank Of New York Mellon Corp | 2023-12-31 | 461.5 K | Northern Trust Corp | 2023-12-31 | 434.1 K | Citadel Advisors Llc | 2023-09-30 | 302.3 K | Goldman Sachs Group Inc | 2023-12-31 | 291.3 K | William Blair Investment Management, Llc | 2023-12-31 | 281.7 K | Amvescap Plc. | 2023-12-31 | 273.5 K | Heartland Advisors Inc | 2023-12-31 | 256.3 K | Bridge City Capital, Llc | 2024-03-31 | 245.6 K | Blackrock Inc | 2023-12-31 | 5.9 M | Fmr Inc | 2023-12-31 | 5.1 M |
Methode Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 426.81 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Methode Electronics's market, we take the total number of its shares issued and multiply it by Methode Electronics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Methode Profitablity
Methode Electronics' profitability indicators refer to fundamental financial ratios that showcase Methode Electronics' ability to generate income relative to its revenue or operating costs. If, let's say, Methode Electronics is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Methode Electronics' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Methode Electronics' profitability requires more research than a typical breakdown of Methode Electronics' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (0.05) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.01) %, which entails that for every $100 of revenue, it lost $0.01. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.11 | 0.07 | |
Return On Capital Employed | 0.09 | 0.13 | |
Return On Assets | 0.07 | 0.08 | |
Return On Equity | 0.11 | 0.11 |
Management Efficiency
Methode Electronics has Return on Asset of 0.0113 % which means that on every $100 spent on assets, it made $0.0113 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0651) %, meaning that it generated no profit with money invested by stockholders. Methode Electronics' management efficiency ratios could be used to measure how well Methode Electronics manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Methode Electronics' Return On Capital Employed is increasing as compared to previous years. The Methode Electronics' current Return On Assets is estimated to increase to 0.08, while Return On Tangible Assets are projected to decrease to 0.07. As of now, Methode Electronics' Total Current Assets are increasing as compared to previous years. The Methode Electronics' current Intangible Assets is estimated to increase to about 310 M, while Other Current Assets are projected to decrease to under 13 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 24.54 | 25.77 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 12.71 | 13.34 | |
Enterprise Value Over EBITDA | 9.85 | 5.22 | |
Price Book Value Ratio | 1.82 | 1.18 | |
Enterprise Value Multiple | 9.85 | 5.22 | |
Price Fair Value | 1.82 | 1.18 | |
Enterprise Value | 1.7 B | 1.8 B |
The analysis of Methode Electronics' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Methode Electronics' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Methode Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0464 | Forward Dividend Yield 0.0464 | Forward Dividend Rate 0.56 | Beta 0.85 |
Technical Drivers
As of the 24th of April, Methode Electronics secures the Mean Deviation of 2.69, standard deviation of 4.72, and Risk Adjusted Performance of (0.08). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Methode Electronics, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Methode Electronics, which can be compared to its peers in the industry. Please verify Methode Electronics standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Methode Electronics is priced some-what accurately, providing market reflects its recent price of 12.29 per share. Given that Methode Electronics has information ratio of (0.16), we recommend you to check Methode Electronics's last-minute market performance to make sure the company can sustain itself at a future point.Methode Electronics Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Methode Electronics middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Methode Electronics. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Methode Electronics Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Methode Electronics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Methode Electronics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Methode Electronics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Janie Goddard over two weeks ago Acquisition by Janie Goddard of tradable shares of Methode Electronics at 40.99 subject to Rule 16b-3 | ||
Ronald Tsoumas over six months ago Discretionary transaction by Ronald Tsoumas of 4550 shares of Methode Electronics subject to Rule 16b-3 |
Methode Electronics Predictive Daily Indicators
Methode Electronics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Methode Electronics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Methode Electronics Corporate Filings
8K | 8th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 7th of March 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 9th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 30th of January 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 22nd of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 19th of December 2023 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 7th of December 2023 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Methode Electronics Forecast Models
Methode Electronics' time-series forecasting models are one of many Methode Electronics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Methode Electronics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Methode Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Methode Electronics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Methode shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Methode Electronics. By using and applying Methode Stock analysis, traders can create a robust methodology for identifying Methode entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.10 | 0.1 | |
Operating Profit Margin | 0.1 | 0.07 | |
Net Profit Margin | 0.09 | 0.05 | |
Gross Profit Margin | 0.23 | 0.28 |
Current Methode Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Methode analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Methode analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
39.0 | Hold | 4 | Odds |
Most Methode analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Methode stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Methode Electronics, talking to its executives and customers, or listening to Methode conference calls.
Methode Stock Analysis Indicators
Methode Electronics stock analysis indicators help investors evaluate how Methode Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Methode Electronics shares will generate the highest return on investment. By understating and applying Methode Electronics stock analysis, traders can identify Methode Electronics position entry and exit signals to maximize returns.
Begin Period Cash Flow | 172 M | |
Long Term Debt | 303.6 M | |
Common Stock Shares Outstanding | 36.8 M | |
Total Stockholder Equity | 941.8 M | |
Total Cashflows From Investing Activities | -153.1 M | |
Tax Provision | 13 M | |
Quarterly Earnings Growth Y O Y | -0.966 | |
Property Plant And Equipment Net | 248.7 M | |
Cash And Short Term Investments | 157 M | |
Cash | 157 M | |
Accounts Payable | 138.7 M | |
Net Debt | 178.4 M | |
50 Day M A | 15.3936 | |
Total Current Liabilities | 228 M | |
Other Operating Expenses | 1.1 B | |
Non Current Assets Total | 914.7 M | |
Forward Price Earnings | 13.6612 | |
Non Currrent Assets Other | 73.8 M | |
Stock Based Compensation | 11.5 M |
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 tightly coupled 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.Note that the Methode Electronics information on this page should be used as a complementary analysis to other Methode Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Methode Stock analysis
When running Methode Electronics' price analysis, check to measure Methode Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Methode Electronics is operating at the current time. Most of Methode Electronics' value examination focuses on studying past and present price action to predict the probability of Methode Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methode Electronics' price. Additionally, you may evaluate how the addition of Methode Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Methode Electronics' industry 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 (1.63) | Revenue Per Share 31.999 | Quarterly Revenue Growth (0.07) |
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.