NYSE:MECMayville Engineering Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $7.41 -0.23 (-3.01 %) (As of 08/5/2020 04:00 PM ET) Add Compare Share Today's Range$7.19Now: $7.41▼$7.4150-Day Range$7.05MA: $7.50▼$7.9052-Week Range$3.89Now: $7.41▼$14.81Volume163,608 shsAverage Volume42,721 shsMarket Capitalization$146.92 millionP/E RatioN/ADividend YieldN/ABeta0.19 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media 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. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.Read More Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingMayville Engineering has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.00, Mayville Engineering has a potential upside of 8.5% from its current price of $7.37.Amount of Analyst CoverageMayville Engineering has received no research coverage in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesMayville Engineering has received 61 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMayville Engineering has received 88 “underperform” votes. (Add your “underperform” vote.)Community SentimentMayville Engineering has received 59.06% “underperform” votes from our community.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. 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 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mayville Engineering insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.90% of the stock of Mayville Engineering is held by insiders.Percentage Held by InstitutionsOnly 28.79% of the stock of Mayville Engineering is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Mayville Engineering are expected to grow in the coming year, from ($0.31) to $0.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mayville Engineering is -14.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Mayville Engineering is -14.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMayville Engineering has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.5Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.95 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Metal forgings & stampings Sub-IndustryN/A SectorConstruction Current SymbolNYSE:MEC Previous Symbol CUSIPN/A CIKN/A Webwww.mecinc.com Phone920-387-4500Debt Debt-to-Equity Ratio0.44 Current Ratio2.47 Quick Ratio1.47Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$519.70 million Price / Sales0.28 Cash Flow$2.61 per share Price / Cash Flow2.84 Book Value$10.18 per share Price / Book0.73Profitability EPS (Most Recent Fiscal Year)$1.11 Net Income$-4,750,000.00 Net Margins-1.50% Return on Equity7.98% Return on Assets4.11%Miscellaneous Employees2,600 Outstanding Shares19,827,000Market Cap$146.92 million Next Earnings Date11/3/2020 (Estimated) OptionableNot Optionable $7.41 -0.23 (-3.01 %) (As of 08/5/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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 How has Mayville Engineering's stock been impacted by COVID-19 (Coronavirus)? Mayville Engineering's stock was trading at $5.67 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MEC shares have increased by 30.7% and is now trading at $7.41. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Mayville Engineering? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mayville Engineering in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mayville Engineering. When is Mayville Engineering's next earnings date? Mayville Engineering is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Mayville Engineering. How were Mayville Engineering's earnings last quarter? Mayville Engineering Company, Inc. (NYSE:MEC) announced its quarterly earnings data on Tuesday, August, 4th. The company reported ($0.35) EPS for the quarter, missing the Zacks' consensus estimate of ($0.27) by $0.08. Mayville Engineering had a positive return on equity of 7.98% and a negative net margin of 1.50%. View Mayville Engineering's earnings history. What price target have analysts set for MEC? 1 brokerages have issued 12 month price targets for Mayville Engineering's stock. Their forecasts range from $8.00 to $8.00. On average, they expect Mayville Engineering's share price to reach $8.00 in the next year. This suggests a possible upside of 8.0% from the stock's current price. View analysts' price targets for Mayville Engineering. Has Mayville Engineering been receiving favorable news coverage? News articles about MEC stock have been trending somewhat negative on Wednesday, according to InfoTrie. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mayville Engineering earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the near term. View the latest news about Mayville Engineering. Are investors shorting Mayville Engineering? Mayville Engineering saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 89,800 shares, a decline of 5.5% from the June 30th total of 95,000 shares. Based on an average trading volume of 40,600 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.5% of the company's stock are short sold. 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 Materion (MTRN), TriMas (TRS), Park-Ohio (PKOH), Shiloh Industries (SHLO) and Omni-Lite Industries Canada (OLNCF). View all competitors. 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 LP Unit (ET), Carnival (CCL), Walt Disney (DIS), NVIDIA (NVDA), Alibaba Group (BABA), Enterprise Products Partners (EPD), Ford Motor (F), Harley-Davidson (HOG), Kohl's (KSS) and Occidental Petroleum (OXY). Who are Mayville Engineering's key executives? Mayville Engineering's management team includes the following 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 OfficerMr. 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. What is Mayville Engineering's stock symbol? Mayville Engineering trades on the New York Stock Exchange (NYSE) under the ticker symbol "MEC." 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 Schafer Cullen Capital Management Inc (0.24%), Strs Ohio (0.18%), Gradient Investments LLC (0.16%), Russell Investments Group Ltd. (0.12%), Cullen Capital Management LLC (0.11%) and UBS Group AG (0.02%). Company insiders that own Mayville Engineering stock include Clifford O Sanderson, Craig E Johnson, Eric J Welak, Jay O Rothman, Peter John A St, 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 UBS Group AG. View insider buying and selling activity for Mayville Engineering. Which institutional investors are buying Mayville Engineering stock? MEC stock was purchased by a variety of institutional investors in the last quarter, including Schafer Cullen Capital Management Inc, Gradient Investments LLC, Russell Investments Group Ltd., Cullen Capital Management LLC, and Strs Ohio. Company insiders that have bought Mayville Engineering stock in the last two years include Clifford O Sanderson, Craig E Johnson, Jay O Rothman, Peter John A St, Robert D Kamphuis, Ryan F Raber, Slater Chad, Steven L Fisher, Timothy L Christen, and Todd M Butz. View insider buying and selling activity 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 $7.41. How big of a company is Mayville Engineering? Mayville Engineering has a market capitalization of $146.92 million and generates $519.70 million in revenue each year. The company earns $-4,750,000.00 in net income (profit) each year or $1.11 on an earnings per share basis. Mayville Engineering employs 2,600 workers across the globe. What is Mayville Engineering's official website? The official website for Mayville Engineering is 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] This page was last updated on 8/5/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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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