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Methode Electronics Inc   (NYSE: MEI)
Other Ticker:  
 
    Sector  Technology    Industry IT Infrastructure
   Industry IT Infrastructure
   Sector  Technology
 
Price: $12.7400 $-0.33 -2.525%
Day's High: $13.23 Week Perf: -9.13 %
Day's Low: $ 12.69 30 Day Perf: 37.58 %
Volume (M): 444 52 Wk High: $ 23.41
Volume (M$): $ 5,660 52 Wk Avg: $13.59
Open: $13.23 52 Wk Low: $8.54



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 7,500
 Revenues (TTM) (Millions $) 1,087
 Net Income (TTM) (Millions $) -89
 Cash Flow (TTM) (Millions $) -26
 Capital Exp. (TTM) (Millions $) 50

Methode Electronics Inc
With sales, engineering, and production facilities across North America, Europe, the Middle East, and Asia, we are a leading worldwide supplier of bespoke designed solutions. We develop, build, and manufacture mechatronic solutions for Original Equipment Manufacturers ("OEMs") using our diverse technology portfolio for user interface, light-emitting diode ("LED") lighting systems, power distribution, and sensor applications.
Transportation (including automotive, commercial vehicle, e-bike, aircraft, bus, and rail), cloud computing infrastructure, construction equipment, consumer appliances, and medical devices are among the end markets for our products.

Our business is managed, and our financial results are reported, based on the following four segments: Automotive, Industrial, Interface and Medical. See Note 15, 'Segment Information and Geographic Area Information' to our consolidated financial statements in this Annual Report for further information.
The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile OEMs, either directly or through their tiered suppliers. Our products include integrated center consoles, hidden switches, ergonomic switches, transmission lead-frames, LED-based lighting, and sensors which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system.
The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies, such as our PowerRail' solution, high-current low-voltage flexible power cabling systems and powder-coated busbars that are used in various markets and applications, including aerospace, cloud computing, commercial vehicles, industrial, military, power conversion and transportation.
The Interface segment provides a variety of copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets, user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets, and fluid-level sensors for the marine/recreational vehicle and sump pump markets.
The Medical segment is made up of our medical device business, Dabir Surfaces, Inc. ('Dabir Surfaces'), our surface support technology aimed at pressure injury prevention. Dabir Surfaces has developed the technology for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures.


   Company Address: 8750 West Bryn Mawr Avenue Chicago 60631 IL
   Company Phone Number: 867-6777   Stock Exchange / Ticker: NYSE MEI


Customers Net Income fell by MEI's Customers Net Profit Margin fell to

-6.34 %

4.11 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AVT   -0.86%    
SPRS   -3.48%    
VC        1% 
• View Complete Report
   



Announcement

Suggestions1. Methode Electronics Shareholders Act Now to Join Class Action Lawsuit Over Investment Losses...

Published Tue, Oct 1 2024 4:46 PM UTC

Investors Urged to Act Quickly as Legal Action Commences Against Methode Electronics, Inc. SAN DIEGO & NEW YORK, October 1, 2024 Shareholders of Methode Electronics, Inc. (NYSE: MEI) who have experienced financial losses are being urged to take action as a class action lawsuit has been initiated on their behalf. The law firm Johnson Fistel, LLP has formally announced the...

Announcement

Methode Electronics Faces Intensified Legal Scrutiny as Leading Law Firms Mobilize Multiple Class Action ...

Published Fri, Sep 27 2024 2:48 PM UTC

Methode Electronics (MEI) Faces Intensified Legal Scrutiny Amid Multiple Class Action Lawsuits SAN DIEGO, Sept. 27, 2024 - Methode Electronics, Inc. (NYSE: MEI) is currently facing a wave of legal challenges as several prominent shareholder rights law firms have initiated class action lawsuits on behalf of investors. This significant legal development invites a closer look...

Announcement

In a growing legal challenge for Methode Electronics, Inc. (NYSE MEI), investors have been prompted to secu...

Published Tue, Sep 17 2024 7:18 PM UTC

Methode Electronics Investors Urged to Act Ahead of Class Action Deadline In a growing legal challenge for Methode Electronics, Inc. (NYSE: MEI), investors have been prompted to secure legal counsel in light of an impending class action lawsuit. The Rosen Law Firm, a prominent global investor rights law firm, has reminded shareholders who purchased common stock of Methode El...

Dividend

Methode Electronics Distributes Dividend Amid Investor Class Action Lawsuit: A Balancing Act Between Shareholder Returns and Legal Scrutiny,

Published Wed, Sep 11 2024 8:05 PM UTC

Methode Electronics Declares Quarterly Dividend Amid Legal Pressures and Market Focus
In a decisive move indicating a commitment to shareholder value, Methode Electronics, Inc. (NYSE: MEI) announced on September 11, 2024, that its board of directors has declared a quarterly dividend of $0.14 per share. This dividend is set to be paid on November 1, 2024, to the common st...

Announcement

Methode Electronics Faces Legal Challenges Amid Mixed Financial Performance and Industry Pressures

Published Wed, Sep 11 2024 5:08 PM UTC

In a noteworthy development for shareholders of Methode Electronics, Inc. (NYSE: MEI), Levi & Korsinsky, LLP has filed a class action securities lawsuit. This legal action comes at a time when the company s financial performance has shown troubling signs, raising concerns among investors and analysts alike.In the first quarter of 2022, Methode Electronics reported a year-on-...







Methode Electronics Inc's Segments
Automotive    50.74 % of total Revenue
Industrial    47.76 % of total Revenue
Interface    5.38 % of total Revenue
Goods Transferred at a Point in Time    99.45 % of total Revenue
Goods Transferred at a Point in Time Automotive    49.06 % of total Revenue
Goods Transferred at a Point in Time Industrial    45.02 % of total Revenue
Goods Transferred at a Point in Time Interface    5.38 % of total Revenue
Goods Transferred Over Time    0.79 % of total Revenue
Goods Transferred Over Time Automotive    0.79 % of total Revenue
North America    46.35 % of total Revenue
North America Automotive    23.88 % of total Revenue
North America Industrial    17.09 % of total Revenue
North America Interface    5.38 % of total Revenue
EMEA    39.4 % of total Revenue
EMEA Automotive    22.78 % of total Revenue
EMEA Industrial    16.62 % of total Revenue
Asia    14.49 % of total Revenue
Asia Automotive    3.19 % of total Revenue
Asia Industrial    11.31 % of total Revenue
Eliminations Corporate    -3.63 % of total Revenue
Transfers between Automotive    -0.89 % of total Revenue
Transfers between Industrial    -2.74 % of total Revenue
Transfers between Eliminations Corporate    3.63 % of total Revenue





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