NYSE:MEC Mayville Engineering Stock Forecast, Price & News Adding Choose a watchlist: 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. $7.93 +0.19 (+2.45%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$7.65▼$8.1150-Day Range$7.31▼$9.3152-Week Range$7.01▼$20.93Volume90,334 shsAverage Volume99,563 shsMarket Capitalization$162.83 millionP/E RatioN/ADividend YieldN/APrice Target$13.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Mayville Engineering Stock Forecast (MarketRank)Analyst RatingHold2.00 Rating ScoreUpside/Downside63.9% Upside$13.00 Price TargetShort InterestHealthy4.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth21.19%From $1.18 to $1.43 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.73 out of 5 starsConstruction Sector87th out of 136 stocksMetal Forgings & Stampings Industry3rd out of 4 stocks 3.0 Analyst's Opinion Consensus RatingMayville Engineering has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.00, Mayville Engineering has a forecasted upside of 63.9% from its current price of $7.93.Amount of Analyst CoverageMayville Engineering has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.30% of the float of Mayville Engineering has been sold short.Short Interest Ratio / Days to CoverMayville Engineering has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Mayville Engineering has recently decreased by 9.87%, indicating that investor sentiment is improving significantly. 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 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MEC. Previous Next 1.7 News and Social Media Coverage News SentimentMayville Engineering has a news sentiment score of 0.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Construction companies.Search Interest1 people have searched for MEC on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Mayville Engineering to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. 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 9.50% of the stock of Mayville Engineering is held by insiders.Percentage Held by InstitutionsOnly 35.88% of the stock of Mayville Engineering is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Mayville Engineering are expected to grow by 21.19% in the coming year, from $1.18 to $1.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mayville Engineering is -27.34, 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 -27.34, 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 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MEC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mayville Engineering and its competitors with MarketBeat's FREE daily newsletter. Email Address About Mayville Engineering (NYSE:MEC)Mayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction and access equipment, 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. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.Read More MEC Stock News HeadlinesJune 9, 2022 | finance.yahoo.comMEC Named Top U.S. Fabricator Once AgainJune 5, 2022 | finance.yahoo.comBe Wary Of Mayville Engineering Company (NYSE:MEC) And Its Returns On CapitalMay 25, 2022 | finance.yahoo.comMEC To Participate in William Blair 42nd Annual Growth Stock ConferenceMay 13, 2022 | finance.yahoo.comMultiple insiders bought Mayville Engineering Company, Inc. (NYSE:MEC) stock earlier this year, a positive sign for shareholdersMay 7, 2022 | seekingalpha.comMayville Engineering Company, Inc. (MEC) CEO Bob Kamphuis on Q1 2022 Results - Earnings Call TranscriptMay 3, 2022 | investing.comMayville Engineering Company Inc. Tops Q1 EPS by 6cMay 3, 2022 | finance.yahoo.comMayville Engineering Company, Inc. Announces First Quarter 2022 ResultsMay 3, 2022 | finance.yahoo.comMayville Engineering (MEC) Q1 Earnings and Revenues Top EstimatesApril 26, 2022 | finance.yahoo.comChampionX (CHX) Q1 Earnings and Revenues Surpass EstimatesApril 26, 2022 | finance.yahoo.comIncoming UW System president Rothman will retain seats on corporate boards that paid $145KApril 20, 2022 | finance.yahoo.comMayville Engineering Company Announces First Quarter 2022 Earnings Release and Conference CallApril 20, 2022 | finance.yahoo.comMayville Engineering Company (NYSE:MEC) shareholders have endured a 47% loss from investing in the stock a year agoMarch 31, 2022 | seekingalpha.comMayville Engineering CEO Robert Kamphuis to retireMarch 31, 2022 | finance.yahoo.comMEC Announces Retirement Plan of CEO Robert D. KamphuisMarch 6, 2022 | finance.yahoo.comResults: Mayville Engineering Company, Inc. Delivered A Surprise Loss And Now Analysts Have New ForecastsMarch 1, 2022 | seekingalpha.comMayville Engineering GAAP EPS of -$0.65 misses by $0.68, revenue of $113M beats by $2.82MMarch 1, 2022 | finance.yahoo.comMayville Engineering Company, Inc. Announces Fourth Quarter and Full Year 2021 ResultsFebruary 28, 2022 | benzinga.comEarnings Outlook For Mayville EngineeringFebruary 15, 2022 | finance.yahoo.comMayville Engineering Company Announces Fourth Quarter and Full Year 2021 Earnings Release and Conference CallFebruary 12, 2022 | nasdaq.comMayville Engineering Company, Inc. (NYSE:MEC) Analysts Are More Bearish Than They Used To BeFebruary 12, 2022 | finance.yahoo.comThe Consensus EPS Estimates For Mayville Engineering Company, Inc. (NYSE:MEC) Just Fell DramaticallyFebruary 9, 2022 | finance.yahoo.comMayville Engineering Cuts Top End Of FY21 Outlook Citing Supply Chain ChallengesFebruary 9, 2022 | seekingalpha.comMayville Engineering initiates guidance below consensus linked to supply chain issuesFebruary 9, 2022 | finance.yahoo.comMayville Engineering Company Provides Business UpdateFebruary 1, 2022 | finance.yahoo.comWhat Kind Of Shareholders Hold The Majority In Mayville Engineering Company, Inc.'s (NYSE:MEC) Shares?See More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Metal forgings & stampings Sub-IndustryN/A SectorConstruction Current SymbolNYSE:MEC CUSIPN/A CIK1766368 Webwww.mecinc.com Phone(920) 387-4500FaxN/AEmployees2,200Year FoundedN/ACompany Calendar Last Earnings5/03/2022Today7/02/2022Next Earnings (Estimated)8/02/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$13.00 High Stock Price Forecast$13.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+63.9%Consensus RatingHold Rating Score (0-4)2 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.29) Trailing P/E RatioN/A Forward P/E Ratio6.72 P/E GrowthN/ANet Income$-7.45 million Net Margins-1.29% Pretax Margin-1.66% Return on Equity3.19% Return on Assets1.68% Debt Debt-to-Equity Ratio0.41 Current Ratio1.73 Quick Ratio0.91 Sales & Book Value Annual Sales$454.83 million Price / Sales0.36 Cash Flow$1.87 per share Price / Cash Flow4.25 Book Value$9.70 per share Price / Book0.82Miscellaneous Outstanding Shares20,533,000Free Float18,582,000Market Cap$162.83 million OptionableNot Optionable Beta0.54 Mayville Engineering Frequently Asked Questions Should I buy or sell Mayville Engineering stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mayville Engineering in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Mayville Engineering stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEC, but not buy additional shares or sell existing shares. View analyst ratings for Mayville Engineering or view top-rated stocks. What is Mayville Engineering's stock price forecast for 2022? 1 equities research analysts have issued 12-month target prices for Mayville Engineering's stock. Their MEC stock forecasts range from $13.00 to $13.00. On average, they expect Mayville Engineering's share price to reach $13.00 in the next year. This suggests a possible upside of 63.9% from the stock's current price. View analysts' price targets for Mayville Engineering or view top-rated stocks among Wall Street analysts. How has Mayville Engineering's stock performed in 2022? Mayville Engineering's stock was trading at $14.91 on January 1st, 2022. Since then, MEC stock has decreased by 46.8% and is now trading at $7.93. View the best growth stocks for 2022 here. When is Mayville Engineering's next earnings date? Mayville Engineering is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022. View our earnings forecast for Mayville Engineering. How were Mayville Engineering's earnings last quarter? Mayville Engineering Company, Inc. (NYSE:MEC) posted its earnings results on Tuesday, May, 3rd. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.03. The business had revenue of $136.25 million for the quarter, compared to analyst estimates of $122.32 million. Mayville Engineering had a positive trailing twelve-month return on equity of 3.19% and a negative net margin of 1.29%. During the same quarter last year, the business earned $0.12 EPS. View Mayville Engineering's earnings history. What guidance has Mayville Engineering issued on next quarter's earnings? Mayville Engineering issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $480.00 million-$530.00 million, compared to the consensus revenue estimate of $510.14 million. Who are Mayville Engineering's key executives? Mayville Engineering's management team includes the following people: Mr. Robert D. Kamphuis, Chairman, CEO & Pres (Age 63, Pay $1.64M)Mr. Todd M. Butz, CFO, Sec. & Treasurer (Age 51, Pay $864.67k)Mr. Ryan F. Raber, Exec. VP of Strategy, Sales & Marketing (Age 39, Pay $790.03k)Mr. Randall P. Stille, Chief Operating Officer (Age 51) 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), Omni-Lite Industries Canada (OLNCF), Shiloh Industries (SHLOQ) and Stamford Industrial Group (SIDGQ). View all of MEC's 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 (ET), Aurora Cannabis (ACB), Alibaba Group (BABA), Walt Disney (DIS), NVIDIA (NVDA), OPKO Health (OPK), SSR Mining (SSRM), VBI Vaccines (VBIV), AbbVie (ABBV) and Aldeyra Therapeutics (ALDX). 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 $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." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Mayville Engineering's stock price today? One share of MEC stock can currently be purchased for approximately $7.93. How much money does Mayville Engineering make? Mayville Engineering (NYSE:MEC) has a market capitalization of $162.83 million and generates $454.83 million in revenue each year. The company earns $-7.45 million in net income (profit) each year or ($0.29) on an earnings per share basis. How many employees does Mayville Engineering have? Mayville Engineering employs 2,200 workers across the globe. How can I contact Mayville Engineering? Mayville Engineering's mailing address is 715 SOUTH STREET, MAYVILLE WI, 53050. The official website for Mayville Engineering is www.mecinc.com. The company can be reached via phone at (920) 387-4500 or via email at nelwell@lincolnchurchilladvisors.com. This page (NYSE:MEC) was last updated on 7/2/2022 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 from 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. 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