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Realtime updates for Methode Electronics Inc [MEI]

Exchange: NYSE Sector: Technology Industry: Hardware, Equipment & Parts
Last Updated31 May 2024 @ 16:00

-0.51% $ 11.78

Live Chart Being Loaded With Signals

Commentary (31 May 2024 @ 16:00):
Profile picture for Methode Electronics Inc

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical...

Stats
Today's Volume 517 509
Average Volume 617 285
Market Cap 416.90M
EPS $0 ( 2024-03-07 )
Next earnings date ( $-0.210 ) 2024-06-27
Last Dividend $0.140 ( 2024-04-11 )
Next Dividend $0 ( N/A )
P/E -7.23
ATR14 $0.00900 (0.08%)
Insider Trading
Date Person Action Amount type
2024-05-06 Nystrom Kevin J Sell 0 Common Stock
2024-05-04 Barry Andrea Jean Sell 4 609 Common Stock
2024-05-04 Shetty Anil Sell 2 069 Common Stock
2024-05-04 Martin Kevin Michael Sell 4 366 Common Stock
2024-05-04 Tsoumas Ronald L.g. Sell 6 624 Common Stock
INSIDER POWER
47.02
Last 100 transactions
Buy: 293 127 | Sell: 166 918

Volume Correlation

Long: -0.30 (neutral)
Short: 0.93 (very strong)
Signal:(40.046) Expect same movement, but be aware

Methode Electronics Inc Correlation

10 Most Positive Correlations
DAVA0.973
EB0.958
SAM0.955
LITB0.95
CLVT-PA0.941
CRD-B0.94
CRD-A0.94
EVC0.938
SQNS0.936
CLVT0.927
10 Most Negative Correlations
ZH-0.971
KR-0.954
SWX-0.953
DOC-0.95
DY-0.949
GTES-0.947
EME-0.943
NMM-0.942
BH-A-0.94
BH-0.938

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Methode Electronics Inc Correlation - Currency/Commodity

The country flag 0.75
( moderate )
The country flag 0.73
( moderate )
The country flag 0.00
( neutral )
The country flag 0.74
( moderate )
The country flag 0.03
( neutral )
The country flag 0.81
( strong )

Methode Electronics Inc Financials

Annual 2023
Revenue: $1.18B
Gross Profit: $264.10M (22.39 %)
EPS: $2.14
FY 2023
Revenue: $1.18B
Gross Profit: $264.10M (22.39 %)
EPS: $2.14
FY 2023
Revenue: $1.18B
Gross Profit: $264.10M (22.39 %)
EPS: $2.14
FY 2022
Revenue: $1.16B
Gross Profit: $264.90M (22.77 %)
EPS: $2.74

Financial Reports:

No articles found.

Methode Electronics Inc Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.140
(N/A)
$0.140
(N/A)
$0.140
(N/A)
$0.140
(N/A)
$0.140
(N/A)
$0.140
(N/A)
$0.140
(N/A)
$0.140
(N/A)
$0
(N/A)
$0
(N/A)

Methode Electronics Inc Dividend Information - Dividend Knight

Dividend Sustainability Score: 5.30 - average (43.94%) | Divividend Growth Potential Score: 1.014 - No dividend expected

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.00500 1985-01-08
Last Dividend $0.140 2024-04-11
Next Dividend $0 N/A
Payout Date 2024-04-26
Next Payout Date N/A
# dividends 158 --
Total Paid Out $8.20 --
Avg. Dividend % Per Year 1.24% --
Score 3.94 --
Div. Sustainability Score 5.30
Div.Growth Potential Score 1.014
Div. Directional Score 3.16 --
Next Divdend (Est)
(2024-07-02)
$0.141 Estimate 74.90 %
Dividend Stability
1.00 Excellent
Dividend Score
3.94
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
1985 $0.0210 3.54%
1986 $0.0240 2.26%
1987 $0.00900 1.28%
1988 $0.00900 1.58%
1989 $0.0128 2.15%
1990 $0.0125 1.78%
1991 $0.0201 2.39%
1992 $0.00848 0.70%
1993 $0.0105 0.41%
1994 $0.0209 0.57%
1995 $0.0450 1.09%
1996 $0.0674 1.26%
1997 $0.0748 0.98%
1998 $0.0748 1.10%
1999 $0.0748 1.31%
2000 $0.0748 0.66%
2001 $0.137 1.67%
2002 $0.200 2.36%
2003 $0.200 1.83%
2004 $0.240 1.85%
2005 $0.200 1.64%
2006 $0.200 1.93%
2007 $0.200 1.82%
2008 $0.220 1.38%
2009 $0.280 4.03%
2010 $0.280 3.15%
2011 $0.280 2.06%
2012 $0.350 4.10%
2013 $0.210 2.05%
2014 $0.340 0.99%
2015 $0.360 0.99%
2016 $0.360 1.15%
2017 $0.360 0.87%
2018 $0.440 1.09%
2019 $0.440 1.84%
2020 $0.440 1.12%
2021 $0.500 1.33%
2022 $0.560 1.15%
2023 $0.560 1.25%
2024 $0.280 1.26%

Dividend Commentary

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NYSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
LOMA Dividend King 2023-06-30 Quarterly 2 5.23% 8.53
PVL Dividend Royal 2023-11-15 Monthly 14 9.37% 8.50
ACP Dividend Royal 2024-05-22 Monthly 14 11.88% 8.50
ARR Dividend Royal 2024-05-14 Monthly 15 11.08% 8.50
ACV Dividend Royal 2024-06-13 Monthly 10 10.19% 8.50
AVK Dividend Royal 2024-05-14 Monthly 22 9.54% 8.31
AFG Dividend Royal 2024-04-12 Bi-Monthly 39 9.39% 8.06
JPT Dividend King 2023-11-02 Monthly 8 4.19% 8.05
VCIF Dividend Royal 2023-08-18 Monthly 6 8.05% 8.02
EDI Dividend Royal 2023-12-07 Monthly 13 8.85% 7.94

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM-0.05091.500-1.017-1.526[0 - 0.5]
returnOnAssetsTTM-0.03881.200-1.294-1.553[0 - 0.3]
returnOnEquityTTM-0.06521.500-1.835-2.75[0.1 - 1]
payoutRatioTTM-0.344-1.000-3.443.44[0 - 1]
currentRatioTTM2.740.8001.3031.042[1 - 3]
quickRatioTTM1.7690.8004.303.44[0.8 - 2.5]
cashRatioTTM0.5351.5008.1410.00[0.2 - 2]
debtRatioTTM0.240-1.5006.01-9.01[0 - 0.6]
interestCoverageTTM-3.091.000-2.25-2.25[3 - 30]
operatingCashFlowPerShareTTM2.032.009.3210.00[0 - 30]
freeCashFlowPerShareTTM0.5462.009.7310.00[0 - 20]
debtEquityRatioTTM0.428-1.5008.29-10.00[0 - 2.5]
grossProfitMarginTTM0.1811.000-0.309-0.309[0.2 - 0.8]
operatingProfitMarginTTM-0.03691.000-2.74-2.74[0.1 - 0.6]
cashFlowToDebtRatioTTM0.2001.00010.0010.00[0.2 - 2]
assetTurnoverTTM0.7630.8008.246.60[0.5 - 2]
Total Score5.30

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM-7.191.000-0.8270[1 - 100]
returnOnEquityTTM-0.06522.50-1.180-2.75[0.1 - 1.5]
freeCashFlowPerShareTTM0.5462.009.8210.00[0 - 30]
dividendYielPercentageTTM4.751.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM2.032.009.3210.00[0 - 30]
payoutRatioTTM-0.3441.500-3.443.44[0 - 1]
pegRatioTTM-2.561.500-10.000[0.5 - 2]
operatingCashFlowSalesRatioTTM0.06291.000-0.9280[0.1 - 0.5]
Total Score1.014

Methode Electronics Inc Options Data

Calls

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility Strike Date
No data available

Puts

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility Strike Date
No data available

Methode Electronics Inc

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead-frames, and 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 lighting solutions; industrial safety radio remote controls; braided flexible cables; current-carrying laminated busbars and devices; custom power-product assemblies, such as PowerRail solution; high-current low-voltage flexible power cabling systems; and powder-coated busbars that are used in various markets and applications comprising aerospace, cloud computing, commercial vehicles, industrial, military, power conversion, and transportation. The Interface segment provides various 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 offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.

About Live Signals

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Total Execution Time: 3.8338711261749 seconds
Number of API calls: 2
Number of DB calls: 8