Market cap | $1.67B |
---|---|
Enterprise value | $633.09M |
Revenue | $1.138B |
---|---|
EBITDA | $37.200M |
Income | -$57.90 |
Revenue Q/Q | -7.35% |
Revenue Y/Y | -2.46% |
P/E | N/A |
---|---|
Forward P/E | 4.61 |
EV/Sales | 0.56 |
EV/EBITDA | 17.02 |
EV/EBIT | N/A |
PEG | 0.55 |
Price/Sales | 1.47 |
P/FCF | 86.73 |
Price/Book | 1.78 |
Book/Share | 5.61 |
Cash/Share | 0.94 |
FCF yield | 1.15% |
Volume | 913.292k / 346.450k |
---|---|
Relative vol. | 2.64 × |
EPS | N/A |
---|---|
EPS Q/Q | -23.68% |
Est. EPS Q/Q | -11.11% |
Profit margin | 6.54% |
---|---|
Oper. margin | -3.69% |
Gross margin | 22.39% |
EBIT margin | -3.83% |
EBITDA margin | 3.27% |
Ret. on assets | -3.78% |
---|---|
Ret. on equity | -6.52% |
ROIC | 6.28% |
ROCE | -3.46% |
Debt/Equity | 0.66 |
---|---|
Net debt/EBITDA | 23.40 |
Current ratio | 2.74 |
Quick ratio | 1.85 |
Volatility | 6.42% |
---|---|
Beta | 1.18 |
RSI | 38.18 |
---|
Insider ownership | N/A |
---|---|
Inst. ownership | N/A |
Shares outst. | 35.391M |
---|---|
Shares float | 0.000 0.00% |
Short % of float | 2.38% |
Short ratio | 4.18 |
Dividend | $0.56 |
---|---|
Dividend yield | 5.73% |
Payout ratio | 35.44% |
Payment date | 26 Jul 2024 |
Ex-dividend date | 12 Jul 2024 |
Earnings date | 26 Jun 2024 |
Tuesday, 21 June 2022
|
|
Methode Electronics Has Re-Affirmed Its Dividend Of US$0.14 | |
Monday, 28 March 2022
|
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Investing in Methode Electronics three years ago would have delivered you a 53% gain | |
Wednesday, 8 December 2021
|
|
Methode Electronics Inc COO Joseph Elias Khoury Sold $909,000 of Shares | |
Thursday, 24 June 2021
|
|
Methode Electronics, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Financial Results - Yahoo Finance | |
Wednesday, 2 June 2021
|
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Methode Electronics to Present at the Stifel 2021 Virtual Cross Sector Insight Conference - Yahoo Finance | |
Thursday, 4 March 2021
|
|
Methode Electronics, Inc. to Host Earnings Call - Yahoo Finance | |
Monday, 28 September 2020
|
|
Alligator Bioscience appoints Gayle Mills as Chief Business Officer | |
Wednesday, 16 September 2020
|
|
Alligator Bioscience receives patent approval for the drug candidate ATOR-1015 | |
Wednesday, 9 September 2020
|
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Alligator Bioscience presents an update regarding the Phase I study with the drug candidate ATOR-1015 | |
Friday, 4 September 2020
|
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Alligator Bioscience presents positive biomarker data demonstrating proof of mechanism in mitazalimab clinical Phase I study | |
Thursday, 27 August 2020
|
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Alligator Bioscience: Encouraging interim safety data in ATOR-1017 clinical Phase I study | |
Tuesday, 25 August 2020
|
|
Alligator Bioscience Virtual R&D Day - August 27, 2020 | |
Alligator Bioscience presents the clinical project portfolio at Virtual R&D Day August 27, 2020 | |
Monday, 13 July 2020
|
|
Alligator Bioscience AB Interim Report January-June 2020 | |
Tuesday, 30 June 2020
|
|
Were Hedge Funds Right About Selling Methode Electronics Inc. ? | |
Methode Q4 Earnings and Revenues Miss Estimates | |
Monday, 22 June 2020
|
|
Cohen & Steers MLP Income and Energy Opportunity Fund Announces Share Repurchases | |
Monday, 15 June 2020
|
|
Alligator Bioscience Appoints New CFO | |
Thursday, 4 June 2020
|
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Alligator Bioscience and Scandion Oncology Sign Preclinical Agreement to Explore Combination Therapies for Chemotherapy and Immuno-oncology | |
Monday, 1 June 2020
|
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Alligator Bioscience's Collaboration With Biotheus Inc. Proceeds and Second Payment is Received | |
Friday, 29 May 2020
|
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Alligator Bioscience Presents Novel Supportive Phase I Data at ASCO for its CTLA-4 x OX40 Bispecific Drug Candidate ATOR-1015 | |
Monday, 25 May 2020
|
|
Volatility 101: Should Methode Electronics Shares Have Dropped 37%? | |
Sunday, 12 April 2020
|
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Why You Might Be Interested In Methode Electronics, Inc. For Its Upcoming Dividend | |
Friday, 10 April 2020
|
|
Should Value Investors Buy Methode Stock? | |
Insider |
Trans.
Transaction
|
Total value |
---|---|---|
Donald W Duda Chief Executive Officer | Buy 21 Sep 2023 | $506,741 |
Walter J Aspatore | Buy 20 Sep 2023 | $22,500 |
Donald W Duda Chief Executive Officer | Option 12 Dec 2022 | $268,174 |
Lawrence B Skatoff Director | Sale 9 Dec 2022 | $93,800 |
Brian J Cadwallader | Sale 8 Dec 2022 | $102,960 |
Donald W Duda Chief Executive Officer | Option 7 Dec 2022 | $1,212,226 |
Walter J Aspatore | Sale 6 Dec 2022 | $438,030 |
Darren Dawson | Sale 6 Dec 2022 | $168,490 |
Joseph Elias Khoury Chief Operating Officer | Sale 19 Sep 2022 | $462,000 |
Joseph Elias Khoury Chief Operating Officer | Sale 28 Jun 2022 | $308,400 |
Lawrence B Skatoff Director | Sale 17 Dec 2021 | $35,912 |
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Price target
Current $9.97
Average $36.00
Low $34
High $38
Dividends
Ex-dividend date | 12 Jul 2024 | Frequency | Quarterly | Annual dividend | +0.00% |
---|---|---|---|---|---|
Next dividend | 26 Jul 2024 | Dividend yield | 5.73% | Growth period | 3 years |
Last dividend date | Yield 3 years | 3.15% | Growth 3 years | +8.37% | |
Last dividend | Yield 5 years | 2.32% | Growth 5 years | +4.94% |
Insider | Age | Since | Compensation |
---|---|---|---|
Donald W. Duda (66) Pres, CEO, and Director | 66 | $2,726,554 | |
Donald Duda (64) President, Chief Executive Officer, and Director since 2004 | 64 | 2004 | $1,515,120 |
Andrea Barry (57) Chief Human Resource Officer since 2017 | 57 | 2017 | $1,410,510 |
Joseph E. Khoury (57) Chief Operating Officer | 57 | $1,270,734 | |
Ronald L.G. Tsoumas (60) VP of Corp. Fin. and CFO | 60 | $1,002,894 | |
Kevin Michael Martin | $837,353 | ||
Joseph Khoury (56) Chief Operating Officer and Senior Vice President since 2018 | 56 | 2018 | $711,754 |
Andrea Jean Barry (58) Exec. VP and Chief HR Officer | 58 | $708,378 | |
Anil Shetty (54) Vice President, General Manager - Asia, and President - Dabir since 2018 | 54 | 2018 | $652,194 |
Ronald Tsoumas (59) Chief Financial Officer since 2018 | 59 | 2018 | $630,058 |
Timothy Glandon (56) Vice President since 2015 | 56 | 2015 | $326,455 |
Walter Aspatore (77) Independent Chairman of the Board since 2012 | 77 | 2012 | $194,780 |
Darren Dawson (57) Independent Director since 2004 | 57 | 2004 | $175,530 |
Lawrence Skatoff (80) Independent Director since 2004 | 80 | 2004 | $159,280 |
Brian Cadwallader (61) Independent Director since 2018 | 61 | 2018 | $159,280 |
Bruce Crowther (68) Independent Director since 2019 | 68 | 2019 | $142,030 |
Mark Schwabero (67) Independent Director since 2019 | 67 | 2019 | $129,280 |
David Blom (66) Independent Director since 2019 | 66 | 2019 | $20,500 |
Angelo Pantaleo (60) Independent Director since 2019 | 60 | 2019 | $18,500 |
Mary Lindsey (64) Independent Director since 2020 | 64 | 2020 | $11,000 |
Therese Bobek (59) Independent Director since 2020 | 59 | 2020 | $11,000 |
Robert Cherry | 2020 | ||
Anil V. Shetty (55) VP, Pres of Dabir Surfaces, and Inc. | 55 | ||
Mark Shermetaro | |||
Kristine Walczak | |||
Amit N. Patel |
methode electronics, inc. (nyse: mei) is an international engineering company headquartered in chicago, il. methode was founded in 1946 as a single-product manufacturer and has since expanded its business into industrial design, distribution and professional services. here at methode, we utilize technical capabilities to develop custom-engineered application-specific products and solutions for a variety of markets and customers. this includes the industries of automotive, big data, white goods, aerospace & defense, consumer electronics and healthcare. for additional information, visit methode.com.
- Technology > Electronic Components
- Methode Electronics, Inc., 8750 West Bryn Mawr Avenue, Chicago 60631-3518, United States
- 708 867 6777
- Investor relations
Dividends
Ex-dividend date | 12 Jul 2024 | Frequency | Quarterly | Annual dividend | +0.00% |
---|---|---|---|---|---|
Next dividend | 26 Jul 2024 | Dividend yield | 5.73% | Growth period | 3 years |
Last dividend date | Yield 3 years | 3.15% | Growth 3 years | +8.37% | |
Last dividend | Yield 5 years | 2.32% | Growth 5 years | +4.94% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
(in millions USD) | 31 Dec 2023 | 30 Sep 2023 | |||
---|---|---|---|---|---|
Current assets | |||||
Cash | $122.9 | $122.5 | |||
Short term investments | |||||
Net receivables | $265.3 | $292.3 | |||
Inventory | $204 | $183.9 | |||
Total current assets | $629.8 | $636.5 | |||
Long term investments | |||||
Property, plant & equipment | $258.4 | $251.5 | |||
Goodwill & intangible assets | $484.7 | $485.4 | |||
Total noncurrent assets | $861.7 | $848.4 | |||
Total investments | |||||
Total assets | $1,491.5 | $1,484.9 | |||
Current liabilities | |||||
Accounts payable | $146 | $133.5 | |||
Deferred revenue | |||||
Short long term debt | $6.5 | $9.6 | |||
Total current liabilities | $229.9 | $218.3 | |||
Long term debt | $351 | $349.9 | |||
Total noncurrent liabilities | $426.6 | $421.7 | |||
Total debt | $357.5 | $359.5 | |||
Total liabilities | $656.5 | $640 | |||
Stockholders' equity | |||||
Retained earnings | $677.6 | $697 | |||
Other stockholder equity | -$31.2 | -$42.9 | |||
Total stockholder equity | $835 | $844.9 |
(in millions USD) | 2023 | 2022 | ||
---|---|---|---|---|
Current assets | ||||
Cash | $157 | $172 | ||
Short term investments | ||||
Net receivables | $314.3 | $273.3 | ||
Inventory | $159.7 | $158.5 | ||
Total current assets | $664.4 | $629 | ||
Long term investments | ||||
Property, plant & equipment | $248.7 | $217 | ||
Goodwill & intangible assets | $558.6 | $440.7 | ||
Total noncurrent assets | $914.7 | $760.1 | ||
Total investments | ||||
Total assets | $1,579.1 | $1,389.1 | ||
Current liabilities | ||||
Accounts payable | $138.7 | $108.5 | ||
Deferred revenue | ||||
Short long term debt | $10 | $19 | ||
Total current liabilities | $228 | $188.6 | ||
Long term debt | $325.4 | $212.3 | ||
Total noncurrent liabilities | $398.2 | $286.7 | ||
Total debt | $335.4 | $231.3 | ||
Total liabilities | $626.2 | $475.3 | ||
Stockholders' equity | ||||
Retained earnings | $772.7 | $763.9 | ||
Other stockholder equity | -$19 | -$26.8 | ||
Total stockholder equity | $941.8 | $913.8 |
Income statement
(in millions USD) | 31 Dec 2023 | 30 Sep 2023 | |||
---|---|---|---|---|---|
Revenue | |||||
Total revenue | $259.5 | $288 | |||
Cost of revenue | $222.5 | $235.7 | |||
Gross profit | $37 | $52.3 | |||
Operating activities | |||||
Research & development | |||||
Selling, general & administrative | $33.9 | $40.9 | |||
Total operating expenses | $40 | $103.6 | |||
Operating income | -$3 | -$51.3 | |||
Income from continuing operations | |||||
EBIT | -$5.5 | -$51.1 | |||
Income tax expense | $1.1 | -$0.2 | |||
Interest expense | $5 | $4.4 | |||
Net income | |||||
Net income | -$11.6 | -$55.3 | |||
Income (for common shares) | -$11.6 | -$55.3 |
(in millions USD) | 2023 | 2022 | ||
---|---|---|---|---|
Revenue | ||||
Total revenue | $1,179.6 | $1,163.6 | ||
Cost of revenue | $915.5 | $898.7 | ||
Gross profit | $264.1 | $264.9 | ||
Operating activities | ||||
Research & development | ||||
Selling, general & administrative | $154.9 | $134.1 | ||
Total operating expenses | $173.7 | $153.2 | ||
Operating income | $90.4 | $111.7 | ||
Income from continuing operations | ||||
EBIT | $92.8 | $122 | ||
Income tax expense | $13 | $16.3 | ||
Interest expense | $2.7 | $3.5 | ||
Net income | ||||
Net income | $77.1 | $102.2 | ||
Income (for common shares) | $77.1 | $102.2 |
Cash flows
(in millions USD) | 31 Dec 2023 | 30 Sep 2023 | |||
---|---|---|---|---|---|
Net income | -$11.6 | -$55.3 | |||
Operating activities | |||||
Depreciation | $14.9 | $14.4 | |||
Business acquisitions & disposals | |||||
Stock-based compensation | -$2.1 | $1.3 | |||
Total cash flows from operations | $28.8 | -$0.6 | |||
Investing activities | |||||
Capital expenditures | -$16.6 | -$10.7 | |||
Investments | $0.6 | ||||
Total cash flows from investing | -$16.7 | -$8.5 | |||
Financing activities | |||||
Dividends paid | -$4.9 | -$4.8 | |||
Sale and purchase of stock | -$3 | -$7.8 | |||
Net borrowings | -$9 | $2.7 | |||
Total cash flows from financing | -$16.9 | -$10.6 | |||
Effect of exchange rate | $5.2 | -$5.7 | |||
Change in cash and equivalents | $0.4 | -$25.4 |
(in millions USD) | 2023 | 2022 | ||
---|---|---|---|---|
Net income | $77.1 | $102.2 | ||
Operating activities | ||||
Depreciation | $49.5 | $52.6 | ||
Business acquisitions & disposals | -$114.6 | $0.6 | ||
Stock-based compensation | $11.5 | $11.8 | ||
Total cash flows from operations | $132.8 | $98.8 | ||
Investing activities | ||||
Capital expenditures | -$38.5 | -$38 | ||
Investments | ||||
Total cash flows from investing | -$153.1 | -$37.4 | ||
Financing activities | ||||
Dividends paid | -$19.8 | -$20.4 | ||
Sale and purchase of stock | -$46.6 | -$64 | ||
Net borrowings | $70.1 | -$29.9 | ||
Total cash flows from financing | $3.2 | -$114.6 | ||
Effect of exchange rate | $2.1 | -$8 | ||
Change in cash and equivalents | -$15 | -$61.2 |
Recent institutional transactions
Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
---|---|---|---|---|
2024 Q1 | Ameriprise Financial Inc |
+200.60%
|
597,498 | $7,277,526 |
2024 Q1 | Bnp Paribas Financial Markets |
+222.59%
|
220,932 | $2,690,952 |
2024 Q1 | Bridge City Capital |
+88.85%
|
245,640 | $2,991,895 |
2024 Q1 | Comerica Bank |
-79.94%
|
15,238 | $185,599 |
2024 Q1 | Strs Ohio |
+481.43%
|
40,700 | $495 |
2024 Q1 | Legato Capital Management |
+51.57%
|
65,307 | $795,439 |
2024 Q1 | Bank Of New York Mellon Corp |
+4.70%
|
483,175 | $5,885,078 |
2024 Q1 | New York State Common Retirement Fund |
+37.78%
|
77,908 | $949 |
2024 Q1 | Quantbot Technologies L.P. |
+44.87%
|
53,341 | $649,693 |
2024 Q1 | Davidson Investment Advisors |
Opened
|
15,800 | $192,444 |
Institutional shareholders
Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
---|---|---|---|
Investment Counselors Of Maryland | 3.39% | 1,197,985 | |
Geode Capital Management | 2.13% | 752,645 | |
Ameriprise Financial Inc | 1.69% | 597,498 | |
Bank Of New York Mellon Corp | 1.37% | 483,175 | |
Bridge City Capital | 0.69% | 245,640 | |
Bnp Paribas Financial Markets | 0.62% | 220,932 | |
Loomis Sayles & Co L P | 0.50% | 177,565 | |
Parametric Portfolio Associates | 0.46% | 162,090 | |
Lsv Asset Management | 0.30% | 104,635 | |
New York State Common Retirement Fund | 0.22% | 77,908 |