S&P 500   5,137.36 (+0.01%)
DOW   39,050.89 (-0.09%)
QQQ   445.17 (-0.10%)
AAPL   174.48 (-2.88%)
MSFT   416.24 (+0.18%)
META   502.86 (+0.11%)
GOOGL   132.66 (-3.27%)
AMZN   178.38 (+0.09%)
TSLA   188.70 (-6.88%)
NVDA   859.03 (+4.40%)
NIO   5.37 (-7.09%)
AMD   207.24 (+2.27%)
BABA   71.91 (-3.63%)
T   16.88 (-0.59%)
F   12.88 (+3.45%)
MU   96.59 (+1.51%)
CGC   3.02 (-5.92%)
GE   160.60 (+1.23%)
DIS   112.93 (+0.88%)
AMC   4.27 (-2.06%)
PFE   25.84 (-2.82%)
PYPL   59.39 (-1.90%)
XOM   104.19 (-1.56%)
S&P 500   5,137.36 (+0.01%)
DOW   39,050.89 (-0.09%)
QQQ   445.17 (-0.10%)
AAPL   174.48 (-2.88%)
MSFT   416.24 (+0.18%)
META   502.86 (+0.11%)
GOOGL   132.66 (-3.27%)
AMZN   178.38 (+0.09%)
TSLA   188.70 (-6.88%)
NVDA   859.03 (+4.40%)
NIO   5.37 (-7.09%)
AMD   207.24 (+2.27%)
BABA   71.91 (-3.63%)
T   16.88 (-0.59%)
F   12.88 (+3.45%)
MU   96.59 (+1.51%)
CGC   3.02 (-5.92%)
GE   160.60 (+1.23%)
DIS   112.93 (+0.88%)
AMC   4.27 (-2.06%)
PFE   25.84 (-2.82%)
PYPL   59.39 (-1.90%)
XOM   104.19 (-1.56%)
S&P 500   5,137.36 (+0.01%)
DOW   39,050.89 (-0.09%)
QQQ   445.17 (-0.10%)
AAPL   174.48 (-2.88%)
MSFT   416.24 (+0.18%)
META   502.86 (+0.11%)
GOOGL   132.66 (-3.27%)
AMZN   178.38 (+0.09%)
TSLA   188.70 (-6.88%)
NVDA   859.03 (+4.40%)
NIO   5.37 (-7.09%)
AMD   207.24 (+2.27%)
BABA   71.91 (-3.63%)
T   16.88 (-0.59%)
F   12.88 (+3.45%)
MU   96.59 (+1.51%)
CGC   3.02 (-5.92%)
GE   160.60 (+1.23%)
DIS   112.93 (+0.88%)
AMC   4.27 (-2.06%)
PFE   25.84 (-2.82%)
PYPL   59.39 (-1.90%)
XOM   104.19 (-1.56%)
S&P 500   5,137.36 (+0.01%)
DOW   39,050.89 (-0.09%)
QQQ   445.17 (-0.10%)
AAPL   174.48 (-2.88%)
MSFT   416.24 (+0.18%)
META   502.86 (+0.11%)
GOOGL   132.66 (-3.27%)
AMZN   178.38 (+0.09%)
TSLA   188.70 (-6.88%)
NVDA   859.03 (+4.40%)
NIO   5.37 (-7.09%)
AMD   207.24 (+2.27%)
BABA   71.91 (-3.63%)
T   16.88 (-0.59%)
F   12.88 (+3.45%)
MU   96.59 (+1.51%)
CGC   3.02 (-5.92%)
GE   160.60 (+1.23%)
DIS   112.93 (+0.88%)
AMC   4.27 (-2.06%)
PFE   25.84 (-2.82%)
PYPL   59.39 (-1.90%)
XOM   104.19 (-1.56%)
NYSE:MEC

Mayville Engineering (MEC) Stock Price, News & Analysis

$12.40
-0.07 (-0.56%)
(As of 12:26 PM ET)
Today's Range
$12.25
$12.53
50-Day Range
$11.64
$14.61
52-Week Range
$9.55
$16.07
Volume
21,781 shs
Average Volume
39,736 shs
Market Capitalization
$251.84 million
P/E Ratio
31.79
Dividend Yield
N/A
Price Target
$17.00

Mayville Engineering MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
37.2% Upside
$17.00 Price Target
Short Interest
Bearish
2.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.08mentions of Mayville Engineering in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
80.49%
From $0.41 to $0.74 Per Share

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.

2.53 out of 5 stars

Construction Sector

51st out of 100 stocks

Metal Forgings & Stampings Industry

2nd out of 4 stocks

MEC stock logo

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.

MEC Stock Price History

MEC Stock News Headlines

Mayville Engineering (MEC) to Release Earnings on Tuesday
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Mayville Engineering Co. Inc.
MEC Feb 2024 12.500 call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Q3 2023 Mayville Engineering Company Inc Earnings Call
Mayville Engineering Co Inc MEC
Mayville Engineering Backs Annual Sales View; Announces 2026 Targets
See 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.

Company Calendar

Last Earnings
11/02/2021
Today
3/04/2024
Next Earnings (Confirmed)
3/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
N/A
Fax
N/A
Employees
2,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.00
High Stock Price Target
$20.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+36.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$18.73 million
Pretax Margin
1.53%

Debt

Sales & Book Value

Annual Sales
$539.39 million
Cash Flow
$2.39 per share
Book Value
$10.80 per share

Miscellaneous

Free Float
19,110,000
Market Cap
$253.27 million
Optionable
Not Optionable
Beta
0.82
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives

  • Mr. Jagadeesh A. Reddy (Age 52)
    President, CEO & Director
    Comp: $978.9k
  • Mr. Todd M. Butz (Age 52)
    CFO, Secretary & Treasurer
    Comp: $936.21k
  • Mr. Ryan F. Raber (Age 41)
    Executive Vice President of Strategy, Sales & Marketing
    Comp: $858.12k
  • Mr. Sean P. Leuba (Age 53)
    Senior VP of Corporate Development & General Counsel
  • Ms. Rachele M. Lehr
    Chief Human Resources Officer














MEC Stock Analysis - Frequently Asked Questions

Should I buy or sell Mayville Engineering stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mayville Engineering in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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?

2 equities research analysts have issued 12 month target prices for Mayville Engineering's stock. Their MEC share price targets range from $14.00 to $20.00. On average, they predict the company's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 37.2% 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 2024?

Mayville Engineering's stock was trading at $14.42 at the beginning of the year. Since then, MEC shares have decreased by 14.1% and is now trading at $12.39.
View the best growth stocks for 2024 here
.

Are investors shorting Mayville Engineering?

Mayville Engineering saw a decrease in short interest in the month of January. As of January 31st, there was short interest totaling 315,900 shares, a decrease of 13.8% from the January 15th total of 366,600 shares. Based on an average daily trading volume, of 46,100 shares, the short-interest ratio is currently 6.9 days. Approximately 2.3% of the shares of the company 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, March 5th 2024.
View our MEC earnings forecast
.

How can I listen to Mayville Engineering's earnings call?

Mayville Engineering will be holding an earnings conference call on Wednesday, March 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 226-828-7578 with passcode "125943".

How were Mayville Engineering's earnings last quarter?

Mayville Engineering Company, Inc. (NYSE:MEC) posted its quarterly earnings data on Tuesday, March, 5th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.03. Mayville Engineering had a trailing twelve-month return on equity of 7.64% and a net margin of 1.41%. During the same quarter in the prior year, the business earned $0.22 earnings per share.

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), 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 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 stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (12.92%), Vanguard Group Inc. (2.46%), Dimensional Fund Advisors LP (1.92%), UBS Group AG (1.12%), Bridgeway Capital Management LLC (0.97%) and JB Capital Partners LP (0.84%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MEC) was last updated on 3/4/2024 by MarketBeat.com Staff

From Our Partners