Last $15.24 USD
Change Today +0.14 / 0.93%
Volume 125.3K
MEI On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

methode electronics inc (MEI) Snapshot

Open
$14.98
Previous Close
$15.10
Day High
$15.25
Day Low
$14.95
52 Week High
05/22/13 - $15.79
52 Week Low
05/25/12 - $7.23
Market Cap
564.8M
Average Volume 10 Days
194.5K
EPS TTM
$0.66
Shares Outstanding
37.1M
EX-Date
04/10/13
P/E TM
23.1x
Dividend
$0.28
Dividend Yield
1.84%
Current Stock Chart for METHODE ELECTRONICS INC (MEI)

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methode electronics inc (MEI) Details

Methode Electronics, Inc. engages in the design, manufacture, and marketing of components and subsystem devices worldwide. Its Automotive segment provides electronic and electro-mechanical devices and related products to automobile original equipment manufacturers. Its products include control switches for electrical power and signals, connectors for electrical devices, integrated control components, switches and sensors that monitor the operation or status of a component or system, and packaging electrical components. The company’s Interconnect segment offers copper and fiber-optic interconnect and interface solutions for the aerospace, appliance, commercial, computer, construction, consumer, material handling, medical, military, mining, networking, storage, and telecommunications markets. Its solutions include conductive polymers, connectors, custom cable assemblies, industrial safety radio remote controls, optical and copper transceivers, personal computer and express card packaging and terminators, solid-state field effect interface panels, and thick film inks; and services comprise the design and installation of fiber optic and copper infrastructure systems, and manufacturing active and passive optical components. Its Power Products segment manufactures braided flexible cables, current-carrying laminated bus devices, custom power-product assemblies, high-current low voltage flexible power cabling systems, and powder coated bus bars for aerospace, computers, industrial and power conversion, inverters and battery systems, insulated gate bipolar transistor solutions, military, telecommunications, and transportation markets. The company’s Other segment designs and manufactures magnetic torque sensing products; and operates independent laboratories that provide services for qualification testing and certification, and analysis of electronic and optical components. Methode Electronics, Inc. was founded in 1946 and is headquartered in Chicago, Illinois.

3,143 Employees
Last Reported Date: 06/28/12
Founded in 1946

methode electronics inc (MEI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $560.2K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $266.0K
Chief Operating Officer
Total Annual Compensation: $330.0K
Vice President and General Manager of North A...
Total Annual Compensation: $250.3K
Vice President of Worldwide Automotive Sales
Total Annual Compensation: $221.0K
Compensation as of Fiscal Year 2012.

methode electronics inc (MEI) Key Developments

Methode Electronics, Inc. Presents at 14th Annual B. Riley & Company Investor Conference, May-21-2013 02:00 PM

Methode Electronics, Inc. Presents at 14th Annual B. Riley & Company Investor Conference, May-21-2013 02:00 PM. Venue: Loews Santa Monica Beach Hotel, 1700 Ocean Avenue, Santa Monica, CA 90401, United States. Speakers: Donald W. Duda, Chief Executive Officer, President and Director, Douglas A. Koman, Chief Financial Officer, Principal Accounting Officer and Vice President of Corporate Finance.

Methode Electronics, Inc. Approves Amended and Restated By-Laws

On March 14, 2013, the board of directors of Methode Electronics, Inc. approved amendments to the company's amended and restated by-laws. Article III, section 7 of the by-laws is amended to include electronic delivery, including email, as a permissible method of notifying directors of special meetings. In addition, the amendments to Article III, Section 7 removed the right to provide such notice via telegram.

Methode Electronics, Inc. Declares a Quarterly Dividend Payable on April 26, 2013

Methode Electronics, Inc. announced that its board of directors has declared a quarterly dividend of $0.07 per share to be paid on April 26, 2013, to common stockholders of record at the close of business on April 12, 2013.

 

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Industry Analysis

MEI

Industry Average

Valuation MEI Industry Range
Price/Earnings 15.7x
Price/Sales 1.1x
Price/Book 2.0x
Price/Cash Flow 14.7x
TEV/Sales 0.9x
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