Mayville Engineering Stock Price, News & Analysis (NYSE:MEC) $13.10 +0.05 (+0.38%) (As of 10:11 AM ET) Add Compare Share Share Today's Range$12.81▼$13.1050-Day Range$10.73▼$13.3052-Week Range$9.55▼$16.66Volume1,532 shsAverage Volume96,748 shsMarket Capitalization$266.06 millionP/E Ratio33.59Dividend YieldN/APrice Target$17.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Mayville Engineering MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside32.6% Upside$17.33 Price TargetShort InterestHealthy3.20% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$100,500 Bought Last QuarterProj. Earnings Growth8.00%From $0.75 to $0.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.42 out of 5 starsConstruction Sector14th out of 80 stocksMetal Forgings & Stampings Industry2nd out of 2 stocks 3.4 Analyst's Opinion Consensus RatingMayville Engineering has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.33, Mayville Engineering has a forecasted upside of 32.6% from its current price of $13.07.Amount of Analyst CoverageMayville Engineering has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.20% 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 6.6.Change versus previous monthShort interest in Mayville Engineering has recently decreased by 1.63%, indicating that investor sentiment is improving. 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 N/A News and Social Media Coverage Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mayville Engineering insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,500.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.90% of the stock of Mayville Engineering is held by insiders.Percentage Held by Institutions42.78% of the stock of Mayville Engineering is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Mayville Engineering are expected to grow by 8.00% in the coming year, from $0.75 to $0.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mayville Engineering is 33.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.62.Price to Earnings Ratio vs. SectorThe P/E ratio of Mayville Engineering is 33.51, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 15.75.Price to Book Value per Share RatioMayville Engineering has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Mayville Engineering Stock (NYSE:MEC)Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, prototyping and tooling, fabrication, 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 vehicle, construction and access equipment, powersports, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Mayville, 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 HeadlinesNovember 19, 2023 | finance.yahoo.comWith EPS Growth And More, Mayville Engineering Company (NYSE:MEC) Makes An Interesting CaseNovember 2, 2023 | finance.yahoo.comMayville Engineering Company, Inc. (NYSE:MEC) Q3 2023 Earnings Call TranscriptDecember 8, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 2, 2023 | finance.yahoo.comQ3 2023 Mayville Engineering Company Inc Earnings CallNovember 2, 2023 | finance.yahoo.comMayville Engineering Company Insider Ups Holding During YearNovember 1, 2023 | finance.yahoo.comMayville Engineering Company to Attend Baird 2023 Global Industrial ConferenceNovember 1, 2023 | morningstar.comMayville Engineering Co Inc MECOctober 31, 2023 | finance.yahoo.comMayville Engineering Co Inc (MEC) Reports 16.1% YoY Increase in Q3 2023 Net SalesDecember 8, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 31, 2023 | finance.yahoo.comMayville Engineering Company Announces Third Quarter 2023 ResultsOctober 31, 2023 | finance.yahoo.comAre Investors Undervaluing Mayville Engineering (MEC) Right Now?October 18, 2023 | finance.yahoo.comMayville Engineering Company Announces Third Quarter 2023 Results Conference Call and Webcast DateOctober 12, 2023 | finance.yahoo.comIs Mayville Engineering (MEC) Stock Undervalued Right Now?October 9, 2023 | finance.yahoo.comDoes Mayville Engineering (MEC) Have the Potential to Rally 65.47% as Wall Street Analysts Expect?October 9, 2023 | finance.yahoo.comMayville Engineering Company, Inc.'s (NYSE:MEC) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?September 29, 2023 | finance.yahoo.comImplied Volatility Surging for Mayville Engineering (MEC) Stock OptionsSeptember 14, 2023 | markets.businessinsider.comMayville Engineering Backs Annual Sales View; Announces 2026 TargetsSeptember 14, 2023 | finance.yahoo.comMayville Engineering Company to Introduce Strategy Update & Multi-Year Financial Targets at 2023 Investor DaySeptember 12, 2023 | msn.comMayville Engineering : Value May Not Be Enough At PresentAugust 24, 2023 | msn.comThese firms from Dodge County, elsewhere need talent. So they're opening Milwaukee officesAugust 23, 2023 | finance.yahoo.comThose who invested in Mayville Engineering Company (NYSE:MEC) a year ago are up 48%August 16, 2023 | markets.businessinsider.com4 Analysts Have This to Say About Mayville EngineeringAugust 16, 2023 | markets.businessinsider.comCiti Reaffirms Their Buy Rating on Mayville Engineering Company (MEC)August 15, 2023 | msn.comMayville Engineering is moving its headquarters to Milwaukee to help recruit talentAugust 4, 2023 | msn.comEF Hutton Reiterates Mayville Engineering (MEC) Buy RecommendationAugust 1, 2023 | markets.businessinsider.comRobert W. Baird Reaffirms Their Hold Rating on Mayville Engineering Company (MEC)August 1, 2023 | finance.yahoo.comMayville Engineering (MEC) Q2 Earnings Top EstimatesSee 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 Earnings10/31/2023Today12/08/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Metal forgings & stampings Sub-IndustryN/A SectorConstruction Current SymbolNYSE:MEC CUSIPN/A CIK1766368 Webwww.mecinc.com Phone(920) 387-4500FaxN/AEmployees2,300Year FoundedN/APrice Target and Rating Average Stock Price Target$17.33 High Stock Price Target$20.00 Low Stock Price Target$14.00 Potential Upside/Downside+32.6%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.39 Trailing P/E Ratio33.51 Forward P/E Ratio17.43 P/E GrowthN/ANet Income$18.73 million Net Margins1.41% Pretax Margin1.53% Return on Equity7.64% Return on Assets3.51% Debt Debt-to-Equity Ratio0.74 Current Ratio1.94 Quick Ratio1.04 Sales & Book Value Annual Sales$539.39 million Price / Sales0.49 Cash Flow$2.44 per share Price / Cash Flow5.36 Book Value$10.80 per share Price / Book1.21Miscellaneous Outstanding Shares20,310,000Free Float19,110,000Market Cap$265.45 million OptionableNot Optionable Beta0.82 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Jagadeesh A. Reddy (Age 51)President, CEO & Director Comp: $978.9kMr. Todd M. Butz (Age 51)CFO, Secretary & Treasurer Comp: $936.21kMr. Ryan F. Raber (Age 40)Executive Vice President of Strategy, Sales & Marketing Comp: $858.12kMr. Sean P. Leuba (Age 52)Senior VP of Corporate Development & General Counsel Ms. Rachele M. LehrChief Human Resources OfficerKey CompetitorsSouthlandNASDAQ:SLNDLatham GroupNASDAQ:SWIMSmith-MidlandNASDAQ:SMIDOrion GroupNYSE:ORNLSI IndustriesNASDAQ:LYTSView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 1,546 shares on 11/30/2023Ownership: 0.483%Steven L FisherBought 3,000 shares on 11/17/2023Total: $38,250.00 ($12.75/share)Ameriprise Financial Inc.Bought 80,602 shares on 11/15/2023Ownership: 0.455%Sei Investments Co.Bought 6,564 shares on 11/15/2023Ownership: 0.168%Lazard Asset Management LLCSold 3,968 shares on 11/14/2023Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions MEC Stock Analysis - Frequently Asked Questions Should I buy or sell Mayville Engineering stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mayville Engineering in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MEC shares. View MEC analyst ratings or view top-rated stocks. What is Mayville Engineering's stock price target for 2024? 4 brokers have issued 12 month price objectives for Mayville Engineering's shares. Their MEC share price targets range from $14.00 to $20.00. On average, they anticipate the company's stock price to reach $17.33 in the next year. This suggests a possible upside of 32.6% from the stock's current price. View analysts price targets for MEC or view top-rated stocks among Wall Street analysts. How have MEC shares performed in 2023? Mayville Engineering's stock was trading at $12.66 on January 1st, 2023. Since then, MEC stock has increased by 3.2% and is now trading at $13.07. View the best growth stocks for 2023 here. Are investors shorting Mayville Engineering? Mayville Engineering saw a increase in short interest in October. As of October 31st, there was short interest totaling 441,700 shares, an increase of 26.3% from the October 15th total of 349,700 shares. Based on an average daily volume of 69,100 shares, the days-to-cover ratio is presently 6.4 days. Approximately 3.3% of the shares of the stock are sold short. View Mayville Engineering's Short Interest. When is Mayville Engineering's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our MEC earnings forecast. How were Mayville Engineering's earnings last quarter? Mayville Engineering Company, Inc. (NYSE:MEC) released its earnings results on Tuesday, October, 31st. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.02. The firm earned $158.22 million during the quarter, compared to analyst estimates of $159.54 million. Mayville Engineering had a net margin of 1.41% and a trailing twelve-month return on equity of 7.64%. What guidance has Mayville Engineering issued on next quarter's earnings? Mayville Engineering issued an update on its FY 2023 earnings guidance on Wednesday, September, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $580.00 million-$610.00 million, compared to the consensus revenue estimate of $596.20 million. What other stocks do shareholders of Mayville Engineering own? Based on aggregate information from My MarketBeat watchlists, some companies that other Mayville Engineering investors own include Energy Transfer (ET), Aurora Cannabis (ACB), Alibaba Group (BABA), Walt Disney (DIS), NVIDIA (NVDA), OPKO Health (OPK), SSR Mining (SSRM), VBI Vaccines (VBIV), AbbVie (ABBV) and Aldeyra Therapeutics (ALDX). When did Mayville Engineering IPO? (MEC) raised $126 million in an initial public offering (IPO) on Thursday, May 9th 2019. The company issued 6,300,000 shares at $19.00-$21.00 per share. Baird, Citigroup and Jefferies served 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 stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (12.90%), Tocqueville Asset Management L.P. (3.20%), UBS Group AG (1.09%), Blair William & Co. IL (0.96%), Ancora Advisors LLC (0.81%) and American Century Companies Inc. (0.48%). Insiders that own company stock include Jagadeesh A Reddy, Patrick D Michels, Robert D Kamphuis, Steven L Fisher, Timothy L Christen and Todd M Butz. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:MEC) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Mayville Engineering Company, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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