Mayville Engineering (MEC) Expected to Announce Earnings on Tuesday

Key Points

• Mayville Engineering is expected to announce its Q2 2025 earnings on August 5th, projecting $0.10 per share earnings and $137.98 million in revenue.
• In its previous earnings report on May 6th, the company reported $0.04 EPS, exceeding analysts' expectations of $0.01 EPS.
• Citigroup has upgraded its target price for Mayville Engineering to $21.00, while DA Davidson initiated coverage with a target of $23.00.

Mayville Engineering (NYSE:MEC - Get Free Report) is expected to be releasing its Q2 2025 earnings data after the market closes on Tuesday, August 5th. Analysts expect Mayville Engineering to post earnings of $0.10 per share and revenue of $137.98 million for the quarter. Mayville Engineering has set its FY 2025 guidance at EPS.

Mayville Engineering (NYSE:MEC - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. The company had revenue of $135.58 million for the quarter, compared to the consensus estimate of $134.52 million. Mayville Engineering had a net margin of 4.09% and a return on equity of 9.30%. During the same quarter in the prior year, the firm earned $0.22 earnings per share. On average, analysts expect Mayville Engineering to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Mayville Engineering Trading Down 2.3%

Mayville Engineering stock traded down $0.38 during trading hours on Friday, hitting $16.39. The company had a trading volume of 110,629 shares, compared to its average volume of 106,275. The firm has a market cap of $335.36 million, a P/E ratio of 15.18 and a beta of 1.15. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 1.67. Mayville Engineering has a 1 year low of $11.72 and a 1 year high of $23.02. The company has a 50-day moving average price of $15.87 and a two-hundred day moving average price of $14.86.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Mayville Engineering stock. Jane Street Group LLC boosted its stake in shares of Mayville Engineering Company, Inc. (NYSE:MEC - Free Report) by 158.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,194 shares of the company's stock after acquiring an additional 28,946 shares during the quarter. Jane Street Group LLC owned about 0.23% of Mayville Engineering worth $634,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 45.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Citigroup reissued a "buy" rating and set a $21.00 target price (up previously from $17.00) on shares of Mayville Engineering in a research report on Monday, July 14th. DA Davidson initiated coverage on shares of Mayville Engineering in a report on Tuesday, June 17th. They set a "buy" rating and a $23.00 price objective on the stock.

About Mayville Engineering

Mayville Engineering Company, Inc, together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. It also supplies engineered components to original equipment manufacturers.