How to Buy Methode Electronics Stock
Methode Electronics Inc
Methode Electronics is a electronic component company located in Illinois, United States, which is part of the Technology sector, and is traded under the ticker MEI on the NYSE exchange.
Methode Electronics stock last closed at $6.27, down 1.88% from the previous day, and has decreased 48.56% in one year. It has overperformed other stocks in the Electronic Components industry by 0.01 percentage points. Methode Electronics stock is currently +23.35% from its 52-week low of $5.08, and -64.07% from its 52-week high of $17.45.
There are currently 35.69M MEI shares outstanding. The market value of MEI is $223.78M. In the past 24 hours, 269,444 MEI shares were traded.
How to Buy Methode Electronics Stock
Wondering how to invest in Methode Electronics stock? Here's how.
- Figure out where to buy Methode Electronics stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Methode Electronics stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your details.
- Research Methode Electronics stock: The Methode Electronics ticker symbol is MEI. Is Methode Electronics stock a good investment? Should you buy shares of MEI? How do MEI's underlying business fundamentals look? Do top analysts think Methode Electronics is a good buy? Why has MEI's stock price moved recently? (Hint: Our stock research website can help you evaluate if MEI is a good stock to buy).
- Make your MEI trade: Decide if you will purchase MEI shares at the current market price or use a limit order to purchase MEI stock at a specific price.
- Get key alerts regarding your MEI investment: Create a watchlist to monitor your position in Methode Electronics stock.
Step 1: Figure out where to buy Methode Electronics stock
You need a brokerage account to access the NYSE market and buy MEI shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world markets: From Technology to Utilities, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal information so you can buy MEI today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on app for stock, you need to deposit funds:
Watch this video walkthrough for more details transferring money into your investment account.
Step 4: Research Methode Electronics stock
Once you have decided on the best place to buy Methode Electronics stock, it's important to research their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Overview of key MEI info
Methode Electronics Overview
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on MEI's stock page.
How is MEI stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MEI's fair value.
Using relative valuations ratios:
- MEI may be undervalued based on its P/B ratio of 0.32x, relative to Electronic Components industry P/B ratio of 4.28x
You can do additional valuation research on MEI's stock here.
MEI Financial Health
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the MEI balance sheet.
- MEI has cash burn of 25700000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the MEI balance sheet.
- MEI has $103.80M in cash and short term investments. This is enough to cover its annual cash burn of $25.70M.
Negative Health Checks:
- Total MEI debt is higher than 5 years ago, relative to shareholder equity.
- MEI profit margin has gone down from -5.1% to -8.6% in the past year.
- MEI has a relatively high debt to equity ratio of 0.85.
Do analysts think it's a good time to buy Methode Electronics stock
Out of 2 sell side analysts who give recommendations on MEI, the consensus analyst rating on MEI is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Methode Electronics stock forecast page.
MEI Trading Indicators
How is MEI performing as a company?
Last year, MEI revenue was $1.07B. During the last five year, MEI's revenue has gone up by -0.2% per year. This was slower than the Electronic Components industry average of 8.61%.
You can analyze MEI's earnings and revenue performance here.
Are MEI executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at MEI have bought more shares than they have sold.
Lars Ullrich, SVP Global Automotive Business of MEI, was the latest MEI insider to buy. They bought $101,383.80 worth of MEI shares on Mar 14, 2025.
Dig into more about who owns MEI stock here.
Can I get consistent income from MEI stock?
Methode Electronics pays a dividend of 6.7%, compared to the Electronic Components industry's average dividend yield of 2.03%. If you owned $1,000 worth of MEI stock, you would have been paid $66.99 in the past year.
Methode Electronics dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Methode Electronics dividend yield and history here.
Get opinions from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your MEI trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you want more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your MEI investment
Now that you own some MEI shares, you'll want to stay up-to-date on your company.
Put MEI on a watchlist to keep track of your MEI stock.
MEI Feed
How to Buy Stock in Methode Electronics
To reiterate, here are the 6 steps to buy Methode Electronics stock:
- Figure out where to buy Methode Electronics stock
- Sign up for a brokerage account
- Fund your brokerage account
- Research Methode Electronics stock
- Make your MEI trade
- Get key alerts regarding your MEI investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Methode Electronics, get started below.
Related Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.