Log in

NYSE:MECMayville Engineering Stock Price, Forecast & News

$7.86
+0.04 (+0.51 %)
(As of 07/3/2020 10:23 AM ET)
Add
Compare
Today's Range
$7.70
Now: $7.86
$7.90
50-Day Range
$4.87
MA: $6.53
$7.83
52-Week Range
$3.89
Now: $7.86
$15.94
Volume10,089 shs
Average Volume43,900 shs
Market Capitalization$155.86 million
P/E RatioN/A
Dividend YieldN/A
Beta0.19
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
Mayville Engineering logo

Beat the Market (BTM) Rank

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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$519.70 million
Cash Flow$2.66 per share
Book Value$10.18 per share

Profitability

Net Income$-4,750,000.00

Miscellaneous

Employees2,600
Market Cap$155.86 million
Next Earnings Date8/4/2020 (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

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 (WHO). Since then, MEC stock has increased by 38.6% and is now trading at $7.86. 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, August 4th 2020. View our earnings forecast for Mayville Engineering.

How were Mayville Engineering's earnings last quarter?

Mayville Engineering Company, Inc. (NYSE:MEC) announced its earnings results on Tuesday, May, 5th. The company reported $0.00 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.05. The firm earned $108.61 million during the quarter, compared to analysts' expectations of $101.51 million. Mayville Engineering had a negative net margin of 1.50% and a positive return on equity of 7.98%. View Mayville Engineering's earnings history.

What price target have analysts set for MEC?

1 brokerages have issued 1-year price objectives for Mayville Engineering's shares. Their forecasts range from $8.00 to $8.00. On average, they anticipate Mayville Engineering's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price. View analysts' price targets for Mayville Engineering.

Has Mayville Engineering been receiving favorable news coverage?

News coverage about MEC stock has trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mayville Engineering earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Mayville Engineering.

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 (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.

What is Mayville Engineering's stock symbol?

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

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 $7.86.

How big of a company is Mayville Engineering?

Mayville Engineering has a market capitalization of $155.86 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 7/3/2020 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.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

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.