NYSE:MEC Mayville Engineering (MEC) Stock Price, News & Analysis $19.05 -0.02 (-0.10%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$18.88▼$19.3750-Day Range$15.34▼$19.0352-Week Range$9.72▼$19.50Volume149,707 shsAverage Volume77,559 shsMarket Capitalization$391.10 millionP/E Ratio45.36Dividend YieldN/APrice Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Mayville Engineering alerts: Email Address Mayville Engineering MarketRank™ Stock AnalysisAnalyst RatingBuy3.33 Rating ScoreUpside/Downside26.0% Upside$24.00 Price TargetShort InterestHealthy1.94% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.25Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth81.82%From $0.66 to $1.20 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.59 out of 5 starsConstruction Sector43rd out of 101 stocksMetal Forgings & Stampings Industry3rd out of 4 stocks 3.7 Analyst's Opinion Consensus RatingMayville Engineering has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageMayville Engineering has only been the subject of 2 research reports in the past 90 days.Read more about Mayville Engineering's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.94% of the float of Mayville Engineering has been sold short.Short Interest Ratio / Days to CoverMayville Engineering has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Mayville Engineering has recently increased by 36.79%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldMayville Engineering does not currently pay a dividend.Dividend GrowthMayville Engineering does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MEC. Previous Next 2.9 News and Social Media Coverage News SentimentMayville Engineering has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Mayville Engineering this week, compared to 1 article on an average week.Search Interest2 people have searched for MEC on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Mayville Engineering to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mayville Engineering insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.40% of the stock of Mayville Engineering is held by insiders.Percentage Held by Institutions45.44% of the stock of Mayville Engineering is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Mayville Engineering's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Mayville Engineering are expected to grow by 81.82% in the coming year, from $0.66 to $1.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mayville Engineering is 45.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Mayville Engineering is 45.36, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 22.21.Price to Book Value per Share RatioMayville Engineering has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Mayville Engineering's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."Click here to see why Wall Street is in PANIC mode >>> About Mayville Engineering Stock (NYSE:MEC)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. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.Read More MEC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MEC Stock News HeadlinesJuly 25 at 10:50 AM | finance.yahoo.comMayville Engineering Company Announces Second Quarter 2024 Results Conference Call and Webcast DateJune 13, 2024 | businesswire.comMayville Engineering Company Named #1 Fabricator in U.S. For 14th Consecutive YearJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.June 13, 2024 | investorplace.comSmall-Cap Sensations: 3 Overlooked Stocks With Gigantic PotentialMay 27, 2024 | finance.yahoo.comInvestors in Mayville Engineering Company (NYSE:MEC) have seen returns of 25% over the past yearMay 20, 2024 | businesswire.comMayville Engineering Company to Participate in Investor ConferencesMay 14, 2024 | businesswire.comMayville Engineering Company to Ring New York Stock Exchange Closing Bell to Celebrate Five Years as a Public CompanyMay 11, 2024 | finance.yahoo.comEarnings Beat: Mayville Engineering Company, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 11, 2024 | finance.yahoo.comMayville Engineering Company, Inc. (NYSE:MEC) Q1 2024 Earnings Call TranscriptMay 9, 2024 | finance.yahoo.comMayville Engineering Company First Quarter 2024 Earnings: EPS Beats ExpectationsMay 9, 2024 | finance.yahoo.comQ1 2024 Mayville Engineering Company Inc Earnings CallMay 9, 2024 | finance.yahoo.comMayville Engineering Co Inc (MEC) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth ...May 7, 2024 | investorplace.comMEC Stock Earnings: Mayville Engineering Beats EPS, Beats Revenue for Q1 2024May 7, 2024 | chron.comMayville Engineering: Q1 Earnings SnapshotMay 7, 2024 | markets.businessinsider.comBalanced Outlook: Hold Recommendation Amid Mixed Financial Performance and Market UncertaintyMay 7, 2024 | finance.yahoo.comMayville Engineering Co Inc (MEC) Reports Q1 2024 Earnings: A Detailed Financial ReviewMay 7, 2024 | businesswire.comMayville Engineering Company Announces First Quarter 2024 ResultsSee More Headlines Receive MEC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mayville Engineering and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today7/26/2024Next Earnings (Confirmed)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Metal forgings & stampings Sub-IndustryFabricated Products Current SymbolNYSE:MEC CUSIPN/A CIK1766368 Webwww.mecinc.com Phone(920) 387-4500FaxN/AEmployees2,500Year FoundedN/APrice Target and Rating Average Stock Price Target$24.00 High Stock Price Target$30.00 Low Stock Price Target$18.00 Potential Upside/Downside+26.0%Consensus RatingBuy Rating Score (0-4)3.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.42 Trailing P/E Ratio45.36 Forward P/E Ratio28.86 P/E GrowthN/ANet Income$7.84 million Net Margins1.40% Pretax Margin1.67% Return on Equity6.01% Return on Assets2.69% Debt Debt-to-Equity Ratio0.60 Current Ratio1.84 Quick Ratio1.00 Sales & Book Value Annual Sales$588.42 million Price / Sales0.66 Cash Flow$2.15 per share Price / Cash Flow8.84 Book Value$11.32 per share Price / Book1.68Miscellaneous Outstanding Shares20,530,000Free Float19,213,000Market Cap$391.10 million OptionableNot Optionable Beta0.94 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Jagadeesh A. Reddy (Age 52)President, CEO & Director Comp: $1.31MMr. Todd M. Butz (Age 52)CFO, Secretary & Treasurer Comp: $948.1kMr. Ryan F. Raber (Age 41)Executive Vice President of Strategy, Sales & Marketing Comp: $870.7kMr. Sean P. Leuba (Age 53)Senior VP of Corporate Development & General Counsel Ms. Rachele Marie Lehr (Age 46)Chief Human Resources Officer Key CompetitorsTriMasNASDAQ:TRSPark-OhioNASDAQ:PKOHMaterionNYSE:MTRNVSENASDAQ:VSECJELD-WENNYSE:JELDView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCSold 39,333 shares on 7/26/2024Ownership: 12.563%Bank of New York Mellon CorpBought 7,416 shares on 7/26/2024Ownership: 0.234%Riverwater Partners LLCSold 3,748 shares on 7/19/2024Ownership: 0.173%Gradient Investments LLCSold 8,300 shares on 7/18/2024Ownership: 0.132%Harbor Capital Advisors Inc.Bought 35,264 shares on 7/9/2024Ownership: 0.172%View All Insider TransactionsView All Institutional Transactions MEC Stock Analysis - Frequently Asked Questions How have MEC shares performed this year? Mayville Engineering's stock was trading at $14.42 at the start of the year. Since then, MEC shares have increased by 32.1% and is now trading at $19.05. View the best growth stocks for 2024 here. How were Mayville Engineering's earnings last quarter? Mayville Engineering Company, Inc. (NYSE:MEC) announced its quarterly earnings results on Tuesday, May, 7th. The company reported $0.16 EPS for the quarter. The firm earned $161.27 million during the quarter, compared to the consensus estimate of $158.60 million. Mayville Engineering had a trailing twelve-month return on equity of 6.01% and a net margin of 1.40%. When did Mayville Engineering IPO? Mayville Engineering (MEC) raised $126 million in an initial public offering on Thursday, May 9th 2019. The company issued 6,300,000 shares at $19.00-$21.00 per share. Baird, Citigroup and Jefferies acted as the underwriters for the IPO and UBS Investment Bank and William Blair were co-managers. Who are Mayville Engineering's major shareholders? Mayville Engineering's top institutional shareholders include Allspring Global Investments Holdings LLC (12.56%), Bank of New York Mellon Corp (0.23%), Riverwater Partners LLC (0.17%) and Harbor Capital Advisors Inc. (0.17%). Insiders that own company stock include Todd M Butz, Steven L Fisher, Jagadeesh A Reddy, Timothy L Christen and Patrick D Michels. View institutional ownership trends. How do I buy shares of Mayville Engineering? Shares of MEC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Mayville Engineering own? Based on aggregate information from My MarketBeat watchlists, some other companies that Mayville Engineering investors own include Energy Transfer (ET), Alibaba Group (BABA), Walt Disney (DIS), NVIDIA (NVDA), OPKO Health (OPK) and SSR Mining (SSRM). 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