Company name Methode Electronics Inc.
Stock ticker MEI
Live stock price [stckqut]MEI[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Fair
EPS growth Poor
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $18.41
Target stock price (averages with growth) $13.51
Target stock price (averages with no growth) $13.51
Target stock price (manual assumptions) $19.24

The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/mei

Methode Electronics, Inc. (Methode), incorporated on April 27, 1966, is a manufacturer of component and subsystem devices. The Company designs, manufactures and markets devices employing electrical, radio remote control, electronic, wireless and sensing technologies. The Company operates through segments, including Automotive, Interface, Power Products and Other. The Company has manufacturing, design and testing facilities in China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, Singapore, Switzerland, the United Kingdom and the United States. The Company’s components are found in end markets of the aerospace, appliance, automotive, battery storage, construction, consumer and industrial equipment, communications (including information processing and storage, medical device, networking equipment, wireless and terrestrial voice/data systems), rail and other transportation industries.

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Methode Electronics Inc. as long as the price is correct and the indicators that I describe in my book The Confident Investor are favorable. Most of the fundamentals of this company are good but there are some concerns. I am going to take Methode Electronics off of my Watch List.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Methode Electronics Inc. calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(access_s2member_level1)]

In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $25.57
  • Growth: 0.03
  • Current EPS (TTM): $2.97
  • P/E: 9
  • Future EPS Calc: $3.44
  • Future Stock Price Calc: $30.98
  • Target stock price: $19.24

[/s2If]
I hope that this makes you a Confident Investor.

Symbol Stock Price change today
BKNG Booking Holdings Inc 5.4043%
WCG WellCare Health Plans, Inc. 2.7526%
TMUS T-Mobile Us Inc 1.3199%
IBP Installed Building Products Inc 1.2466%
MEI Methode Electronics Inc. 1.2298%
GTN Gray Television, Inc. 1.1437%
NXST Nexstar Media Group Inc 1.1231%
UNH UnitedHealth Group Inc 1.101%
MKTX MarketAxess Holdings Inc. 1.0612%
ADBE Adobe Systems Incorporated 0.9754%
CVGW Calavo Growers, Inc. 0.898%
MA Mastercard Inc 0.8642%
AMN AMN Healthcare Services, Inc. 0.8125%
SUI Sun Communities Inc 0.7373%
ADS Alliance Data Systems Corporation 0.7302%
COHR Coherent, Inc. 0.7192%
SBUX Starbucks Corporation 0.6675%
HZO MarineMax Inc 0.6663%
STZ Constellation Brands, Inc. Class A 0.6637%
PYPL Paypal Holdings Inc 0.6197%
EA Electronic Arts Inc. 0.6001%
V Visa Inc 0.5632%
TNET TriNet Group Inc 0.4785%
KNX Knight-Swift Transportation Holdings Inc 0.4467%
TGS Transportadora de Gas del Sur SA (ADR) 0.4325%
MTZ MasTec, Inc. 0.4113%
THRM Gentherm Inc 0.3927%
CBPO China Biologic Products Holdings Inc 0%
LULU Lululemon Athletica inc. -0.0173%
GOOGL Alphabet Inc Class A -0.0283%
AVGO Broadcom Inc -0.0329%
ALXN Alexion Pharmaceuticals, Inc. -0.0607%
FB Facebook, Inc. Common Stock -0.1643%
CRUS Cirrus Logic, Inc. -0.2671%
AMAT Applied Materials, Inc. -0.342%
LRCX Lam Research Corporation -0.3675%
ALGN Align Technology, Inc. -0.4084%
NFLX Netflix, Inc. -0.4714%
ILMN Illumina, Inc. -0.4915%
NSP Insperity Inc -0.4959%
JAZZ Jazz Pharmaceuticals PLC -0.5076%
AMZN Amazon.com, Inc. -0.5206%
LGIH LGI Homes Inc -0.5479%
BABA Alibaba Group Holding Ltd -0.5809%
NVDA NVIDIA Corporation -0.805%
MU Micron Technology, Inc. -0.8403%
HSKA Heska Corp -0.8546%
ABMD ABIOMED, Inc. -1.1529%
ANET Arista Networks Inc -1.2003%
SWKS Skyworks Solutions Inc -1.2912%
DPZ Domino’s Pizza, Inc. -1.3432%
ULTA Ulta Beauty Inc -1.382%
MKSI MKS Instruments, Inc. -1.6287%
AAPL Apple Inc. -1.7637%
PATK Patrick Industries, Inc. -2.2104%
REGN Regeneron Pharmaceuticals Inc -3.4889%
CRTO Criteo SA (ADR) -4.1988%

Symbol Stock Price change today
COHR Coherent, Inc. 9.4615%
HSKA Heska Corp 4.4257%
PATK Patrick Industries, Inc. 4.3368%
ILMN Illumina, Inc. 4.1031%
MEI Methode Electronics Inc. 3.8409%
IBP Installed Building Products Inc 3.445%
AMZN Amazon.com, Inc. 3.2428%
KNX Knight-Swift Transportation Holdings Inc 3.2238%
TNET TriNet Group Inc 2.9785%
ALXN Alexion Pharmaceuticals, Inc. 2.6741%
TGS Transportadora de Gas del Sur SA (ADR) 2.6415%
ABMD ABIOMED, Inc. 2.6363%
BABA Alibaba Group Holding Ltd 2.5316%
ADBE Adobe Systems Incorporated 2.1242%
JAZZ Jazz Pharmaceuticals PLC 2.1224%
PYPL Paypal Holdings Inc 2.0602%
LGIH LGI Homes Inc 2.0531%
AMN AMN Healthcare Services, Inc. 2.0408%
DPZ Domino’s Pizza, Inc. 1.9794%
GOOGL Alphabet Inc Class A 1.9751%
MU Micron Technology, Inc. 1.8092%
THRM Gentherm Inc 1.6879%
MKSI MKS Instruments, Inc. 1.6432%
ALGN Align Technology, Inc. 1.5957%
NFLX Netflix, Inc. 1.5749%
TMUS T-Mobile Us Inc 1.5351%
FB Facebook, Inc. Common Stock 1.527%
CRTO Criteo SA (ADR) 1.4683%
CVGW Calavo Growers, Inc. 1.4653%
CRUS Cirrus Logic, Inc. 1.4399%
GTN Gray Television, Inc. 1.2941%
ADS Alliance Data Systems Corporation 1.2547%
AAPL Apple Inc. 1.2431%
NSP Insperity Inc 1.2106%
LULU Lululemon Athletica inc. 1.1838%
MKTX MarketAxess Holdings Inc. 1.1099%
STZ Constellation Brands, Inc. Class A 1.0903%
BKNG Booking Holdings Inc 0.8888%
SBUX Starbucks Corporation 0.7487%
WCG WellCare Health Plans, Inc. 0.7047%
AMAT Applied Materials, Inc. 0.595%
V Visa Inc 0.571%
HZO MarineMax Inc 0.5383%
LRCX Lam Research Corporation 0.4545%
REGN Regeneron Pharmaceuticals Inc 0.4413%
MA Mastercard Inc 0.3075%
AVGO Broadcom Inc -0.0348%
NXST Nexstar Media Group Inc -0.0809%
NVDA NVIDIA Corporation -0.0983%
SUI Sun Communities Inc -0.105%
UNH UnitedHealth Group Inc -0.2151%
ULTA Ulta Beauty Inc -0.5005%
MTZ MasTec, Inc. -0.6174%
EA Electronic Arts Inc. -2.0127%
SWKS Skyworks Solutions Inc -3.5136%
CBPO China Biologic Products Holdings Inc -5.5783%
ANET Arista Networks Inc -10.4359%

Symbol Stock Price change today
NVDA NVIDIA Corporation 3.7534%
WCG WellCare Health Plans, Inc. 3.5762%
MEI Methode Electronics Inc. 2.6745%
ANET Arista Networks Inc 2.6027%
CVGW Calavo Growers, Inc. 2.5912%
UNH UnitedHealth Group Inc 2.5907%
DPZ Domino’s Pizza, Inc. 2.2375%
KNX Knight-Swift Transportation Holdings Inc 1.9527%
ADS Alliance Data Systems Corporation 1.87%
PYPL Paypal Holdings Inc 1.8564%
EA Electronic Arts Inc. 1.562%
BKNG Booking Holdings Inc 1.4234%
NFLX Netflix, Inc. 1.3866%
ULTA Ulta Beauty Inc 1.2941%
NXST Nexstar Media Group Inc 1.2625%
STZ Constellation Brands, Inc. Class A 1.0959%
AMZN Amazon.com, Inc. 1.0585%
ALXN Alexion Pharmaceuticals, Inc. 1.0499%
JAZZ Jazz Pharmaceuticals PLC 1.0235%
ILMN Illumina, Inc. 0.9827%
FB Facebook, Inc. Common Stock 0.8434%
COHR Coherent, Inc. 0.8251%
TMUS T-Mobile Us Inc 0.7671%
MA Mastercard Inc 0.6874%
CBPO China Biologic Products Holdings Inc 0.64%
HSKA Heska Corp 0.6289%
AVGO Broadcom Inc 0.586%
ABMD ABIOMED, Inc. 0.5776%
AMN AMN Healthcare Services, Inc. 0.5596%
ALGN Align Technology, Inc. 0.5143%
V Visa Inc 0.4877%
CRTO Criteo SA (ADR) 0.4633%
AAPL Apple Inc. 0.4422%
TNET TriNet Group Inc 0.4102%
ADBE Adobe Systems Incorporated 0.3302%
MKTX MarketAxess Holdings Inc. 0.3003%
HZO MarineMax Inc 0.2634%
CRUS Cirrus Logic, Inc. 0.2191%
GOOGL Alphabet Inc Class A 0.1512%
SBUX Starbucks Corporation 0.0714%
TGS Transportadora de Gas del Sur SA (ADR) 0.071%
MTZ MasTec, Inc. 0.0629%
BABA Alibaba Group Holding Ltd 0.0388%
THRM Gentherm Inc -0.1566%
NSP Insperity Inc -0.1858%
LULU Lululemon Athletica inc. -0.2606%
AMAT Applied Materials, Inc. -0.2842%
SUI Sun Communities Inc -0.4073%
SWKS Skyworks Solutions Inc -0.5957%
LRCX Lam Research Corporation -0.959%
LGIH LGI Homes Inc -1.0024%
MU Micron Technology, Inc. -1.0701%
IBP Installed Building Products Inc -1.1193%
PATK Patrick Industries, Inc. -1.2424%
MKSI MKS Instruments, Inc. -1.336%
REGN Regeneron Pharmaceuticals Inc -2.0617%
GTN Gray Television, Inc. -2.157%

Stock ticker Stock name Last Close Recommendation
AAPL Apple Inc. $180.9100 Strong Buy or Hold
ABMD ABIOMED, Inc. $323.7600 Very Concerned, may need to wait
ADBE Adobe Systems Incorporated $263.5100 Concerned, but watch close as good things may happen soon
ADS Alliance Data Systems Corporation $167.9100 Very Concerned, may need to wait
ALGN Align Technology, Inc. $250.8400 Very Concerned, may need to wait
ALXN Alexion Pharmaceuticals, Inc. $134.3000 Concerned, but watch close as good things may happen soon
AMAT Applied Materials, Inc. $38.7100 Very Concerned, may need to wait
AMN AMN Healthcare Services, Inc. $46.4600 Very Concerned, may need to wait
AMZN Amazon.com, Inc. $1673.1000 Strong Buy or Hold
ANET Arista Networks Inc $285.0900 Concerned, but watch close as good things may happen soon
AVGO Broadcom Inc $269.6300 Very Concerned, may need to wait
BABA Alibaba Group Holding Ltd $180.6300 Concerned, but watch close as good things may happen soon
BKNG Booking Holdings Inc $1736.0000 Very Concerned, may need to wait
CBPO China Biologic Products Holdings Inc $85.9400 Strong Buy or Hold
COHR Coherent, Inc. $136.9500 Concerned, but watch close as good things may happen soon
CRTO Criteo SA (ADR) $28.0600 Strong Buy or Hold
CRUS Cirrus Logic, Inc. $41.0700 Concerned, but watch close as good things may happen soon
CVGW Calavo Growers, Inc. $82.2000 Very Concerned, may need to wait
DPZ Domino’s Pizza, Inc. $240.0000 Very Concerned, may need to wait
EA Electronic Arts Inc. $98.5900 Concerned, but watch close as good things may happen soon
FB Facebook, Inc. Common Stock $171.9200 Strong Buy or Hold
GOOGL Alphabet Inc Class A $1197.2500 Strong Buy or Hold
GTN Gray Television, Inc. $23.1800 Strong Buy or Hold, but there are some concerns
HSKA Heska Corp $79.5100 Very Concerned, may need to wait
HZO MarineMax Inc $18.9800 Very Concerned, may need to wait
IBP Installed Building Products Inc $44.6700 Very Concerned, may need to wait
ILMN Illumina, Inc. $305.2700 Very Concerned, may need to wait
JAZZ Jazz Pharmaceuticals PLC $133.8500 Very Concerned, may need to wait
KNX Knight-Swift Transportation Holdings Inc $33.8000 Concerned, but watch close as good things may happen soon
LGIH LGI Homes Inc $58.8600 Very Concerned, may need to wait
LRCX Lam Research Corporation $172.0600 Very Concerned, may need to wait
LULU Lululemon Athletica inc. $145.7900 Very Concerned, may need to wait
MA Mastercard Inc $226.9400 Concerned, but watch close as good things may happen soon
MEI Methode Electronics Inc. $30.6600 Strong Buy or Hold
MKSI MKS Instruments, Inc. $80.8400 Very Concerned, may need to wait
MKTX MarketAxess Holdings Inc. $229.7800 Very Concerned, may need to wait
MTZ MasTec, Inc. $47.6800 Strong Buy or Hold
MU Micron Technology, Inc. $39.2500 Very Concerned, may need to wait
NFLX Netflix, Inc. $356.2700 Very Concerned, may need to wait
NSP Insperity Inc $123.7600 Very Concerned, may need to wait
NVDA NVIDIA Corporation $162.5200 Strong Buy or Hold
NXST Nexstar Media Group Inc $105.3500 Strong Buy or Hold, but there are some concerns
PATK Patrick Industries, Inc. $45.8800 Very Concerned, may need to wait
PYPL Paypal Holdings Inc $97.5000 Concerned, but watch close as good things may happen soon
REGN Regeneron Pharmaceuticals Inc $417.6200 Very Concerned, may need to wait
SBUX Starbucks Corporation $70.0500 Very Concerned, may need to wait
STZ Constellation Brands, Inc. Class A $168.8100 Very Concerned, may need to wait
SUI Sun Communities Inc $117.8400 Strong Buy or Hold, but there are some concerns
SWKS Skyworks Solutions Inc $82.2600 Concerned, but watch close as good things may happen soon
TGS Transportadora de Gas del Sur SA (ADR) $14.0900 Some Concerns, may need to wait
THRM Gentherm Inc $38.3200 Very Concerned, may need to wait
TMUS T-Mobile Us Inc $71.7000 Very Concerned, may need to wait
TNET TriNet Group Inc $60.9400 Concerned, but watch close as good things may happen soon
ULTA Ulta Beauty Inc $311.4100 Concerned, but watch close as good things may happen soon
UNH UnitedHealth Group Inc $245.8800 Some Concerns, may need to wait
V Visa Inc $151.7300 Strong Buy or Hold, but there are some concerns
WCG WellCare Health Plans, Inc. $238.2400 Very Concerned, may need to wait