Methode Electronics, one of Maltas major manufacturing companies, has informed its staff that they must either get vaccinated against COVID-19 or undergo a PCR test every single week. In a memo sent to workers yesterday, Methode said all staff are to send a copy of their COVID-19 vaccination certificate or vaccination cards to the Health Continued
Related Stocks: MEI ,
Methode Electronics (NYSE: MEI ) posted a 4.8% decrease in earnings from Q3. Sales, however, increased by 1.93% over the previous quarter to $301.00 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Methode Electronics is not utilizing their capital as effectively as possible. Methode Electronics reached earnings of $35.40 million and sales of $295.30 million in Q3. Why ROCE Is Significant Changes in earnings and sales indicate shifts in Methode Electronics''s Return on Capital Employed, a measure of yearly Full story available on Benzinga.com
JSE-LISTED investment holding company Remgro expects its full-year earnings to surge by at least 60 percent, boosted by the recovery from some of its underlying investee companies. In a trading update for the year to end June, the group said yesterday that it expected its headline earnings per share (Heps) from continuing operations to be at least 60 percent, or 184.5 cents, higher than the 307c a share reported a year ago. However, its total Heps for the current period was not expected to differ by more than 20 percent from the 560.6c reported a year earlier. The group said last years Heps from continuing operations were significantly impacted during the second six months to June 2020 by the Covid-19 pandemic and the resultant lockdown measures, as well as a onceoff donation of R500 million to the South African SME Relief Trust. From this low base, the increase in headline earnings from continuing operations for the current period is mainly due to the expected recovery of the earnings of most of Remgros underlying investee companies, Remgro said.
This Power Connectors market report provides the best business insight and understanding to help key players stay ahead of the competition. It also detects emerging trends and forecasts future market numbers, trends, and characteristics. This Power Connectors market report offers
The country''s biggest private hospitals, Mediclinic International, Netcare and Life Healthcare Group Holdings, have joined calls for more vigilance and self-regulation.
In the current session, Methode Electronics Inc. (NYSE: MEI ) is trading at $49.38, after a 0.63% increase. Over the past month, the stock increased by 2.23%, and in the past year, by 58.12%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued. Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high Full story available on Benzinga.com
Over the past three months, shares of Methode Electronics (NYSE: MEI ) increased by 16.72%. Before having a look at the importance of debt, let us look at how much debt Methode Electronics has. Methode Electronics''s Debt Based on Methode Electronics''s balance sheet as of June 24, 2021, long-term debt is at $225.20 million and current debt is at $14.90 million, amounting to $240.10 million in total debt. Adjusted for $233.20 million in cash-equivalents, the company''s net debt is at $6.90 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the Full story available on Benzinga.com
MEI earnings call for the period ending May 1, 2021.
No summary available.
No summary available.
CHICAGO (AP) _ Methode Electronics Inc. (MEI) on Thursday reported fiscal fourth-quarter profit of $31.1 million. On a per-share basis, the Chicago-based company said it had profit of 81 cents. The maker of electrical components for the auto and computer industries posted revenue of $301 million in the period. For the year, the company reported 
No summary available.
CHICAGO, June 24, 2021 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI) , a leading global supplier of custom-engineered solutions for user interface, LED lighting system, and power distribution applications, today announced financial results for the fourth quarter and full year of Fiscal 2021 ended May 1, 2021.
Methode Electronics found using ticker (MEI) now have 2 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 48 and 48 calculating the mean target price we have 48. Now with the previous closing price of 47.58 this would indicate that there is a potential upside of .9%. The day 50 moving average is 47.38 and the 200 moving average now moves to 42.7. The company has a market cap of $1,829m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="MEI" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Methode Electronics designs, manufactures, and markets component and subsystem devices 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.
- ← Vorige
- Weiter →