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NYSE:MECMayville Engineering Stock Price, Forecast & News

+0.02 (+0.32 %)
(As of 05/29/2020 04:00 PM ET)
Today's Range
Now: $6.33
50-Day Range
MA: $5.58
52-Week Range
Now: $6.33
Volume28,400 shs
Average Volume43,707 shs
Market Capitalization$125.50 million
P/E RatioN/A
Dividend YieldN/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. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.93 out of 5 stars

Industry, Sector and Symbol

Industry Metal forgings & stampings



Sales & Book Value

Annual Sales$519.70 million
Cash Flow$2.66 per share
Book Value$10.34 per share


Net Income$-4,750,000.00


Market Cap$125.50 million
Next Earnings Date8/4/2020 (Estimated)
OptionableNot Optionable

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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 (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MEC stock has increased by 11.6% and is now trading at $6.33. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Mayville Engineering's next earnings date?

Mayville Engineering is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Mayville Engineering.

How were Mayville Engineering's earnings last quarter?

Mayville Engineering Company, Inc. (NYSE:MEC) issued its quarterly earnings results on Tuesday, May, 5th. The company reported $0.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.05) by $0.05. The company earned $108.61 million during the quarter, compared to the consensus estimate of $101.51 million. 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?

5 equities research analysts have issued 1-year price objectives for Mayville Engineering's stock. Their forecasts range from $8.00 to $19.00. On average, they anticipate Mayville Engineering's stock price to reach $14.67 in the next year. This suggests a possible upside of 131.7% from the stock's current price. View analysts' price targets for Mayville Engineering.

Has Mayville Engineering been receiving favorable news coverage?

Media stories about MEC stock have been trending negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mayville Engineering earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutMayville Engineering.

Are investors shorting Mayville Engineering?

Mayville Engineering saw a increase in short interest in May. As of May 15th, there was short interest totaling 42,700 shares, an increase of 12.1% from the April 30th total of 38,100 shares. Based on an average daily volume of 48,000 shares, the short-interest ratio is currently 0.9 days. Approximately 0.2% 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?

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 Officer
  • Mr. Clifford O. Sanderson, VP of HR (Age 61)

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 served 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 many different retail and institutional investors. Top institutional shareholders include Wells Fargo & Company MN (6.60%), Invesco Ltd. (2.61%), Wellington Management Group LLP (2.38%), BlackRock Inc. (1.72%), Advisor Group Holdings Inc. (0.61%) and State Street Corp (0.50%). Company insiders that own Mayville Engineering stock 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 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 Wells Fargo & Company MN, Morgan Stanley, Nuveen Asset Management LLC, Invesco Ltd., Bank of New York Mellon Corp, UBS Group AG, Two Sigma Advisers LP, and Alambic Investment Management L.P.. View insider buying and selling activity for Mayville Engineering.

Which major investors are buying Mayville Engineering stock?

MEC stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Advisor Group Holdings Inc., Sontag Advisory LLC, National Investment Services of America LLC, Mesirow Financial Investment Management Inc., Squarepoint Ops LLC, Busey Wealth Management, and Geode Capital Management LLC. 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 $6.33.

How big of a company is Mayville Engineering?

Mayville Engineering has a market capitalization of $125.50 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 5/30/2020 by MarketBeat.com Staff

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