Methode Electronics, Inc. is a global developer of custom engineered and application specific products and solutions with manufacturing, design and testing facilities in Belgium, Canada, China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, the Netherlands, Singapore, Switzerland, the United Kingdom and the United States. The company designs, manufactures and markets devices employing electrical, electronic, LED lighting, sensor, and radio remote control technologies. Its business is managed on a segment basis, with those segments being Automotive, Industrial, Interface and Medical.

Company profile
Ticker
MEI
Exchange
Website
CEO
Donald Duda
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ABAS, Inc. • Active Energy • Advanced Molding and Decoration S.A. de C.V. • Alsentis LLC • BMAC Limited • Dabir Surfaces, Inc. • Floduval S.A. • Grakon Parent, Inc. • Grakon Intermediate Holdings, LLC • Grakon, LLC ...
IRS number
362090085
MEI stock data
News

Stocks That Hit 52-Week Lows On Friday
1 Jul 22
Methode Electronics Earnings Perspective: Return On Capital Employed
28 Jun 22
Methode Electronics Clocks 4% Revenue Decline In Q4 Due To Lower Sales Volumes In Auto Segment
23 Jun 22
Recap: Methode Electronics Q4 Earnings
23 Jun 22
Methode Electronics Q4 EPS $0.43 Misses $0.56 Estimate, Sales $288.70M Miss $289.48M Estimate
23 Jun 22
Press releases
NIRI Chicago Elects 2022-2023 Officers and Directors
29 Jun 22
Methode Electronics, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Financial Results
23 Jun 22
Methode Electronics' Board Approves Dividend and Authorizes $100 Million Increase to Existing Share Buyback Program
16 Jun 22
Methode Electronics, Inc. Announces Preliminary Financial Results for Fiscal 2022
14 Jun 22
Analyst ratings and price targets
Calendar
23 Jun 22
2 Jul 22
30 Apr 23
Financial summary
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Diluted EPS |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 172M | 172M | 172M | 172M | 172M | 172M |
Cash burn (monthly) | (no burn) | 5.1M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 10.71M | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 161.29M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 31.6 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Jun 22 | Khoury Joseph Elias | Common Stock | Sell | Dispose S | No | No | 38.55 | 8,000 | 308.4K | 396,420 |
30 Apr 22 | Amit N Patel | Common Stock | Payment of exercise | Dispose F | No | No | 44.61 | 807 | 36K | 7,000 |
29 Apr 22 | Aspatore Walter J | Phantom Stock | Grant | Acquire A | Yes | No | 44.61 | 9.36 | 417.55 | 2,992.61 |
29 Apr 22 | Lindsey Mary A | Phantom Stock | Grant | Acquire A | Yes | No | 44.61 | 9.36 | 417.55 | 2,992.61 |
29 Apr 22 | Cadwallader Brian J | Phantom Stock | Grant | Acquire A | Yes | No | 44.61 | 9.36 | 417.55 | 2,992.61 |
Institutional ownership, Q1 2022
91.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 195 |
Opened positions | 14 |
Closed positions | 16 |
Increased positions | 54 |
Reduced positions | 90 |
13F shares | Current |
---|---|
Total value | 1.65B |
Total shares | 35.05M |
Total puts | 42.2K |
Total calls | 4.9K |
Total put/call ratio | 8.6 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 6M | $259.39M |
Vanguard | 4.05M | $174.96M |
Massachusetts Financial Services | 2.21M | $95.61M |
Dimensional Fund Advisors | 2.03M | $87.66M |
FMR | 1.96M | $84.82M |
LSV Asset Management | 1.44M | $62.09M |
STT State Street | 1.35M | $58.22M |
William Blair Investment Management | 1.07M | $46.09M |
Ariel Investments | 1.05M | $45.43M |
SAMG Silvercrest Asset Management | 902.72K | $39.04M |
Financial report summary
?Competition
StoneridgeContent analysis
?Positive | ||
Negative | ||
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Legalese | ||
Litigous | ||
Readability |
8th grade Avg
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New words:
advertising, affirming, analogy, buyback, certiorari, Circuit, commensurate, concentrated, concentration, CRSP, cyberwarfare, disclaim, Dow, driven, EMEA, exacerbate, extraterritorial, Fabrinet, hearing, ID, inflationary, Interbank, invaded, invasion, largest, opposed, Overnight, Patrick, permissible, petition, population, premium, receipt, recruitment, Russia, saving, slower, SOFR, Solicitor, standing, Supreme, Suzhou, Ukraine, vaccinated
Financial reports
Current reports
8-K
Methode Electronics, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Financial Results
23 Jun 22
8-K
Methode Electronics, Inc. Announces Preliminary Financial Results for Fiscal 2022
14 Jun 22
8-K
Methode Electronics, Inc. Reports Fiscal Third Quarter 2022 Financial Results
3 Mar 22
8-K
Entry into a Material Definitive Agreement
16 Dec 21
8-K
Methode Electronics, Inc. Reports Fiscal Second Quarter 2022 Financial Results
2 Dec 21
8-K
Submission of Matters to a Vote of Security Holders
17 Sep 21
8-K
Methode Electronics, Inc. Reports Fiscal 2022 First Quarter Financial Results
2 Sep 21
8-K
Methode Electronics, Inc. Reports Fiscal 2021 Fourth Quarter
24 Jun 21
8-K
Methode Electronics Adds Janie Goddard to its Board of Directors
18 Mar 21
8-K
Methode Electronics, Inc. Reports Fiscal Third Quarter 2021 Financial Results
4 Mar 21
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Jun 20
S-8
Registration of securities for employees
10 Dec 14
15-12G
Securities registration termination
15 Jan 14
25-NSE
Exchange delisting
8 Jan 14
S-8
Registration of securities for employees
2 Dec 10
25
Voluntary exchange delisting
16 Oct 07
S-8
Registration of securities for employees
14 Oct 07
8-A12B
Registration of securities on exchange
8 Oct 07
Proxies
DEFA14A
Additional proxy soliciting materials
27 Jul 21
DEFA14A
Additional proxy soliciting materials
28 Jul 20
DEFA14A
Additional proxy soliciting materials
26 Jul 19
DEFA14A
Additional proxy soliciting materials
30 Jul 18
DEF 14A
Definitive proxy
31 Jul 17
DEFA14A
Additional proxy soliciting materials
31 Jul 17
Other
SD
Conflict minerals disclosure
26 May 22
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
25 May 17
SD
Conflict minerals disclosure
26 May 16
SD
Conflict minerals disclosure
28 May 15
SD
Conflict minerals disclosure
1 Jun 14
UPLOAD
Letter from SEC
30 Oct 13
Ownership
4
METHODE ELECTRONICS / Joseph Elias Khoury ownership change
30 Jun 22
11-K
Annual report of employee stock purchases
28 Jun 22
4
METHODE ELECTRONICS / AMIT N PATEL ownership change
3 May 22
4
METHODE ELECTRONICS / Darren Dawson ownership change
3 May 22
4
METHODE ELECTRONICS / Therese M Bobek ownership change
3 May 22
4
METHODE ELECTRONICS / Brian J Cadwallader ownership change
3 May 22
4
METHODE ELECTRONICS / MARK D SCHWABERO ownership change
3 May 22
4
METHODE ELECTRONICS / WALTER J ASPATORE ownership change
3 May 22
4
METHODE ELECTRONICS / MARY A LINDSEY ownership change
3 May 22
SC 13G/A
METHODE ELECTRONICS / VANGUARD ownership change
9 Feb 22
Patents
Utility
Luminous Flux Collector for Directing Light into a Light-diffusing Fiber
23 Jun 22
A luminous flux collector comprises a housing, a wide-angle light capturing device and an optical collimating device, arranged around a longitudinal axis.
Utility
Device for Correcting an External Stress Overload Affecting a Ferromagnetic Component
23 Jun 22
Device for correcting the effect of an external stress overload affecting a ferromagnetic component, comprising: the ferromagnetic component, having at least one magnetic field, and a magnetic field sensor, and at least one coil, being arranged around the magnetic field sensor and/or around the ferromagnetic component, and generating a magnetic field, with the field providing an oscillating magnetic field and a magnetic flux density of at least 30 Gauss.
Utility
Integrated User Support System
16 Jun 22
An integrated user support system includes a point pressure support surface overlay disposed upon and integrated with an underlying support surface.
Utility
Luminous flux collector for directing light into a light-diffusing fiber
31 May 22
A luminous flux collector comprises a housing, a wide-angle light capturing device and an optical collimating device, arranged around a longitudinal axis.
Utility
Cloned Constant Current Led Drive Circuit and Method for Use
14 Apr 22
A light emitting diode (LED) circuit is disclosed haying a plurality of LEDs each having a respective current path.
Transcripts
2022 Q4
Earnings call transcript
23 Jun 22
2022 Q3
Earnings call transcript
3 Mar 22
2022 Q2
Earnings call transcript
2 Dec 21
2022 Q1
Earnings call transcript
2 Sep 21
2021 Q4
Earnings call transcript
24 Jun 21
2021 Q3
Earnings call transcript
4 Mar 21
2021 Q2
Earnings call transcript
3 Dec 20
2021 Q1
Earnings call transcript
3 Sep 20
2020 Q4
Earnings call transcript
30 Jun 20
2020 Q3
Earnings call transcript
5 Mar 20
Reddit threads
(6/23) Thursday's Pre-Market Stock Movers & News
23 Jun 22
Daily Discussion Thread - June 23rd, 2022
23 Jun 22
(6/22) Wednesday's Pre-Market Stock Movers & News
22 Jun 22
Daily Discussion Thread - June 22nd, 2022
22 Jun 22
(6/21) Tuesday's Pre-Market Stock Movers & News
21 Jun 22
Daily Discussion Thread - June 21st, 2022
21 Jun 22
Daily Discussion Thread - June 20th, 2022
20 Jun 22
Wall Street Week Ahead for the trading week beginning June 20th, 2022
17 Jun 22
Pre-market summary - June 15th
15 Jun 22
Daily Discussion Thread - April 13th, 2022
13 Apr 22