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Methode Electronics, Inc. MEI NYSE

NYSE • Technology • Hardware, Equipment & Parts • US • USD

SharesGrow Score
37/100
1/7 Pass
SharesGrow Intrinsic Value
$18.64
+151.9%
Analyst Price Target
$8.50
+14.9%

Methode Electronics, Inc. (MEI) is a publicly traded company in the Technology sector, operating within the Hardware, Equipment & Parts industry. The company is headquartered in Chicago, IL, United States. The current CEO is Jonathan DeGaynor.

MEI has IPO date of 1982-10-20, 7,500 full-time employees, listed on the NYSE, a market capitalization of $262.02M.

About 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.

📍 8750 West Bryn Mawr Avenue, Chicago, IL 60631-3518 📞 708 867 6777
Company Details
SectorTechnology
IndustryHardware, Equipment & Parts
CountryUnited States
ExchangeNYSE
CurrencyUSD
IPO Date1982-10-20
CEOJonathan DeGaynor
Employees7,500
Trading Info
Current Price$7.40
Market Cap$262.02M
52-Week Range4.88-10.78
Beta1.19
ETFNo
ADRNo
CUSIP591520200
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