Methode Stock Today

MEI
 Stock
  

USD 36.71  0.50  1.38%   

Market Performance
0 of 100
Odds Of Distress
Less than 15
Methode Electronics is trading at 36.71 as of the 6th of July 2022. This is a 1.38 percent up since the beginning of the trading day. The stock's open price was 36.21. Methode Electronics has less than a 15 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Methode Electronics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of May 2022 and ending today, the 6th of July 2022. Please note, there could be an existing legal relationship between Methode Electronics (MEI) and METHODE ELECTRONICS INC (METH). Click here to learn more.
CUSIP
591520101
Fiscal Year End
May
Business Domain
Technology Hardware & Equipment
IPO Date
23rd of March 1990
Category
Technology
Classification
Information Technology
ISIN
US5915202007
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 38.3 M outstanding shares of which 1.07 M shares are now shorted by investors with about 6.09 days to cover. More on Methode Electronics

Moving together with Methode Electronics

0.72GLWCorning Earnings Call  In Two WeeksPairCorr
0.82JBLJabil Circuit Fiscal Year End 5th of October 2022 PairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Methode Electronics Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Methode Electronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Methode Electronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Methode Electronics generated a negative expected return over the last 90 days
Over 97.0% of the company shares are owned by institutional investors
Latest headline from www.defenseworld.net: Methode Electronics Downgraded by StockNews.com to Hold - Defense World
Related EntityMETH (METHODE ELECTRONICS INC)
CEODonald Duda
Thematic IdeaElectronic Equipment (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Methode Electronics report their recommendations after researching Methode Electronics' financial statements, talking to executives and customers, or listening in on Methode Electronics' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Methode Electronics. The Methode consensus assessment is calculated by taking the average forecast from all of the analysts covering Methode Electronics.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Methode Electronics based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Methode Electronics financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares35.4 M37.2 M
Notably Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted35.9 M37.8 M
Notably Down
Decreasing
Stable
Net Cash Flow from Operations90.6 M98.8 M
Significantly Down
Decreasing
Very volatile
Total Assets1.5 B1.4 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities512.8 M475.3 M
Significantly Up
Increasing
Slightly volatile
Current Assets512.4 M629 M
Significantly Down
Increasing
Stable
Current Liabilities154 M188.6 M
Significantly Down
Increasing
Stable
Total Debt198.2 M231.3 M
Fairly Down
Decreasing
Slightly volatile
Return on Average Assets7.867.1566
Significantly Up
Increasing
Stable
Gross Margin21.8322.7656
Sufficiently Down
Decreasing
Very volatile
Asset Turnover1.090.8171
Significantly Up
Decreasing
Very volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Methode Electronics' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Financial Strength
Methode Electronics' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Methode Electronics' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Methode Electronics' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Methode Electronics deploys its capital and how much of that capital is borrowed.
Liquidity
Methode Electronics cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 231.3 M in debt with debt to equity (D/E) ratio of 0.25, which may show that the company is not taking advantage of profits from borrowing. Methode Electronics has a current ratio of 3.27, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Methode Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, Methode Electronics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Methode Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Methode to invest in growth at high rates of return. When we think about Methode Electronics' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

90.63 Million
Methode Electronics (MEI) is traded on New York Stock Exchange in USA. It is located in 8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL 60631-3518, United States and employs 7,000 people. Methode Electronics is listed under Electronic Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 1.42 B. 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 these looking for more risk prefer small-cap and mid-cap equities. Methode Electronics runs under Technology sector within Electronic Components industry. The entity has 38.3 M outstanding shares of which 1.07 M shares are now shorted by investors with about 6.09 days to cover. Methode Electronics has about 172 M in cash with 98.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.49.
Check Methode Electronics Probability Of Bankruptcy
Ownership
Methode Electronics maintains a total of thirty-eight million three hundred thousand 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 about to change at the company. Also note that almost three hundred eighty-three thousand invesors are currently shorting Methode Electronics expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Methode Ownership Details

Methode Stock Price Odds Analysis

What are Methode Electronics' target price odds to finish over the current price? In reference to a normal probability distribution, the odds of Methode Electronics jumping above the current price in 90 days from now is about 98.0%. The Methode Electronics probability density function shows the probability of Methode Electronics stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Methode Electronics has a beta of 0.9414. This indicates Methode Electronics market returns are reactive to returns on the market. As the market goes up or down, Methode Electronics is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Methode Electronics is significantly underperforming DOW.
  Odds Below 36.71HorizonTargetOdds Above 36.71
1.55%90 days
 36.71 
98.43%
Based on a normal probability distribution, the odds of Methode Electronics to move above the current price in 90 days from now is about 98.0 (This Methode Electronics probability density function shows the probability of Methode Stock to fall within a particular range of prices over 90 days) .

Methode Electronics Historical Income Statement

Methode Electronics Income Statement is one of the three primary financial statements used for reporting Methode's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Methode Electronics revenue and expense. Methode Electronics Income Statement primarily focuses on the company's revenues and expenses during a particular period.
The current Direct Expenses is estimated to decrease to about 724.9 M. The current Net Income is estimated to decrease to about 84.7 M View More Fundamentals

Methode Stock Against Markets

Picking the right benchmark for Methode Electronics stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Methode Electronics stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Methode Electronics is critical whether you are bullish or bearish towards Methode Electronics at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Methode Electronics without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Methode Electronics Corporate Directors

Methode Electronics corporate directors refer to members of a Methode Electronics board of directors. The board of directors generally takes responsibility for the Methode Electronics' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Methode Electronics' board members must vote for the resolution. The Methode Electronics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Brian Cadwallader - Independent DirectorProfile
Mary Lindsey - Independent DirectorProfile
Warren Batts - Independent DirectorProfile
Angelo Pantaleo - Independent DirectorProfile

Investing Methode Electronics

You need to understand the risk of investing before taking a position in Methode Electronics. The danger of trading Methode Electronics is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Methode Electronics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Methode Electronics. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Methode Electronics is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Stocks Correlation. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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 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 YOY
-0.46
Market Capitalization
1.4 B
Quarterly Revenue Growth YOY
-0.041
Return On Assets
0.0519
Return On Equity
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 Methode Electronics value 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.