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

$9.18
+0.15 (+1.66 %)
(As of 12/12/2019 01:24 AM ET)
Today's Range
$8.83
Now: $9.18
$9.21
50-Day Range
$8.45
MA: $9.92
$13.00
52-Week Range
$7.70
Now: $9.18
$17.40
Volume80,091 shs
Average Volume77,926 shs
Market Capitalization$181.21 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$181.21 million
Next Earnings Date2/4/2020 (Estimated)
OptionableNot Optionable

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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) posted its quarterly earnings results on Tuesday, October, 29th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.17. The business had revenue of $128.51 million for the quarter, compared to analysts' expectations 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?

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 equities research analysts have issued 12-month target prices 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 twelve months. This suggests a possible upside of 96.1% 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 headlines about MEC stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mayville Engineering earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Mayville Engineering.

Are investors shorting Mayville Engineering?

Mayville Engineering saw a decline in short interest in November. As of November 29th, there was short interest totalling 28,100 shares, a decline of 31.5% from the November 14th total of 41,000 shares. Based on an average daily volume of 63,400 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mayville Engineering investors own include Maxim Integrated Products (MXIM), LYFT (LYFT), GALAPAGOS NV/S (GLPG), Republic First Bancorp (FRBK), Diamondback Energy (FANG), Amdocs (DOX), Duluth (DLTH), CoStar Group (CSGP), Applied Optoelectronics (AAOI) and Andrews Sykes Group (ASY).

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 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.

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. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

Who are Mayville Engineering's major shareholders?

Mayville Engineering's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (2.77%), Skylands Capital LLC (0.43%), State Street Corp (0.35%), Squarepoint Ops LLC (0.15%), Millennium Management LLC (0.10%) 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 institutional 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, Gilder Gagnon Howe & Co. LLC and Barclays PLC. View Insider Buying and Selling for Mayville Engineering.

Which institutional 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 $9.18.

How big of a company is Mayville Engineering?

Mayville Engineering has a market capitalization of $181.21 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:  1.9 out of 5 (star)
Outperform Votes:  28 (Vote Outperform)
Underperform Votes:  45 (Vote Underperform)
Total Votes:  73
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 12/12/2019 by MarketBeat.com Staff

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