Log in

NYSE:MEC - Mayville Engineering Stock Price, Forecast & News

$9.19
+0.13 (+1.43 %)
(As of 12/8/2019 04:00 PM ET)
Today's Range
$8.86
Now: $9.19
$9.34
50-Day Range
$8.45
MA: $10.25
$13.00
52-Week Range
$7.70
Now: $9.19
$17.40
Volume110,575 shs
Average Volume45,558 shs
Market Capitalization$181.41 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Mayville Engineering Company, Inc operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction, powersports, agriculture, military, and other end markets in the United States. The company provides a range of prototyping and tooling, production fabrication, coating, assembly and aftermarket components. It also supplies engineered components to original equipment manufacturers; and manufactures stamped and fabricated metal products. Read More…

Industry, Sector and Symbol

Industry Metal forgings & stampings
Sub-IndustryN/A
SectorConstruction
CUSIPN/A
CIKN/A
Phone920-387-4500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$354.53 million

Profitability

Net Income$17.93 million

Miscellaneous

Employees3,100
Market Cap$181.41 million
Next Earnings Date2/4/2020 (Estimated)
OptionableNot Optionable

Receive MEC News and Ratings via Email

Sign-up to receive the latest news and ratings for MEC and its competitors with MarketBeat's FREE daily newsletter.


Mayville Engineering (NYSE:MEC) Frequently Asked Questions

What is Mayville Engineering's stock symbol?

Mayville Engineering trades on the New York Stock Exchange (NYSE) under the ticker symbol "MEC."

How were Mayville Engineering's earnings last quarter?

Mayville Engineering Company, Inc. (NYSE:MEC) announced its quarterly earnings results on Tuesday, October, 29th. The company reported $0.49 EPS for the quarter, beating the Zacks' consensus estimate of $0.32 by $0.17. The business had revenue of $128.51 million for the quarter, compared to analyst estimates of $140.10 million. Mayville Engineering had a negative net margin of 0.51% and a positive return on equity of 13.70%. View Mayville Engineering's Earnings History.

When is Mayville Engineering's next earnings date?

Mayville Engineering is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Mayville Engineering.

What price target have analysts set for MEC?

5 analysts have issued 12 month price objectives for Mayville Engineering's shares. Their forecasts range from $17.00 to $19.00. On average, they anticipate Mayville Engineering's stock price to reach $18.00 in the next year. This suggests a possible upside of 95.9% from the stock's current price. View Analyst Price Targets for Mayville Engineering.

What is the consensus analysts' recommendation for Mayville Engineering?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mayville Engineering in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mayville Engineering.

Has Mayville Engineering been receiving favorable news coverage?

Press coverage about MEC stock has trended positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mayville Engineering earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Mayville Engineering.

Are investors shorting Mayville Engineering?

Mayville Engineering saw a decline in short interest during the month of November. As of November 15th, there was short interest totalling 59,700 shares, a decline of 10.5% from the October 31st total of 66,700 shares. Based on an average trading volume of 61,600 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the shares of the company are sold short. View Mayville Engineering's Current Options Chain.

Who are some of Mayville Engineering's key competitors?

Some companies that are related to Mayville Engineering include TriMas (TRS), Materion (MTRN), Park-Ohio (PKOH), Shiloh Industries (SHLO) and Omni-Lite Industries Canada (OLNCF).

What other stocks do shareholders of Mayville Engineering own?

Who are Mayville Engineering's key executives?

Mayville Engineering's management team includes the folowing people:
  • Mr. Robert D. Kamphuis, Chairman, CEO & Pres (Age 61)
  • Mr. Todd M. Butz, CFO, Sec. & Treasurer (Age 48)
  • Mr. Ryan F. Raber, Exec. VP of Strategy, Sales & Marketing (Age 36)
  • Mr. Stephen P. Mance, Chief Operating Officer
  • Mr. Clifford O. Sanderson, VP of HR (Age 61)

When did Mayville Engineering IPO?

(MEC) raised $126 million in an IPO 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.

When did Mayville Engineering's lock-up period expire?

Mayville Engineering's lock-up period expired on Tuesday, November 5th. Mayville Engineering had issued 6,250,000 shares in its IPO on May 9th. The total size of the offering was $106,250,000 based on an initial share price of $17.00. Since the end of Mayville Engineering's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are Mayville Engineering's major shareholders?

Mayville Engineering's stock is owned by many different of institutional and retail investors. Top institutional investors include Skylands Capital LLC (0.43%), State Street Corp (0.35%), Squarepoint Ops LLC (0.15%), Millennium Management LLC (0.10%), Bailard Inc. (0.06%) and Barclays PLC (0.02%). Company insiders that own Mayville Engineering stock include Clifford O Sanderson, Jay O Rothman, Robert D Kamphuis, Ryan F Raber, Slater Chad, Steven L Fisher, Timothy L Christen and Todd M Butz. View Institutional Ownership Trends for Mayville Engineering.

Which major investors are selling Mayville Engineering stock?

MEC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Skylands Capital LLC and Barclays PLC. View Insider Buying and Selling for Mayville Engineering.

Which major investors are buying Mayville Engineering stock?

MEC stock was acquired by a variety of institutional investors in the last quarter, including Bailard Inc., State Street Corp and Squarepoint Ops LLC. Company insiders that have bought Mayville Engineering stock in the last two years include Clifford O Sanderson, Jay O Rothman, Robert D Kamphuis, Ryan F Raber, Slater Chad, Steven L Fisher, Timothy L Christen and Todd M Butz. View Insider Buying and Selling for Mayville Engineering.

How do I buy shares of Mayville Engineering?

Shares of MEC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Mayville Engineering's stock price today?

One share of MEC stock can currently be purchased for approximately $9.19.

How big of a company is Mayville Engineering?

Mayville Engineering has a market capitalization of $181.41 million and generates $354.53 million in revenue each year. Mayville Engineering employs 3,100 workers across the globe.View Additional Information About Mayville Engineering.

What is Mayville Engineering's official website?

The official website for Mayville Engineering is http://www.mecinc.com/.

How can I contact Mayville Engineering?

Mayville Engineering's mailing address is 715 SOUTH STREET, MAYVILLE WI, 53050. The company can be reached via phone at 920-387-4500 or via email at [email protected]


MarketBeat Community Rating for Mayville Engineering (NYSE MEC)

Community Ranking:  2.0 out of 5 (star)
Outperform Votes:  28 (Thanks for Voting!)
Underperform Votes:  43 (Thanks for Voting!)
Total Votes:  71
MarketBeat's community ratings are surveys of what our community members think about Mayville Engineering and other stocks. Vote "Outperform" if you believe MEC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/8/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel