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.
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Industry, Sector and Symbol
Industry Metal forgings & stampings
Sub-IndustryN/A
SectorConstruction
CIKN/A
Phone920-387-4500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$354.53 million
Profitability
Miscellaneous
Employees3,100
Next Earnings Date2/4/2020 (Estimated)
OptionableNot Optionable
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 analysts' consensus estimates of $0.32 by $0.17. The company earned $128.51 million during the quarter, compared to analyst estimates of $140.10 million. Mayville Engineering had a positive return on equity of 13.70% and a negative net margin of 0.51%. View Mayville Engineering's Earnings History.
When is Mayville Engineering's next earnings date?
What price target have analysts set for MEC?
5 Wall Street analysts have issued 12-month price targets 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 94.2% 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?
Media stories about MEC stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mayville Engineering earned a news impact score of -3.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat 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 decrease in short interest in the month of October. As of October 15th, there was short interest totalling 66,700 shares, a decrease of 10.0% from the September 15th total of 74,100 shares. Based on an average trading volume of 48,700 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.3% of the shares of the stock are sold short. View Mayville Engineering's Current Options Chain.
Who are some of Mayville Engineering's key competitors?
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 a price of $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 the company'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 expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders 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 retail and institutional investors. Top institutional investors include Skylands Capital LLC (0.43%) and Bailard Inc. (0.06%). 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?
Which major investors are buying Mayville Engineering stock?
MEC stock was bought by a variety of institutional investors in the last quarter, including Bailard Inc.. 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 $9.27.
How big of a company is Mayville Engineering?
What is Mayville Engineering's official website?
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)
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.
