×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:MEC

Mayville Engineering Stock Forecast, Price & News

$7.93
+0.19 (+2.45%)
(As of 07/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$7.65
$8.11
50-Day Range
$7.31
$9.31
52-Week Range
$7.01
$20.93
Volume
90,334 shs
Average Volume
99,563 shs
Market Capitalization
$162.83 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.00

Mayville Engineering Stock Forecast (MarketRank)

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
63.9% Upside
$13.00 Price Target
Short Interest
Healthy
4.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
21.19%
From $1.18 to $1.43 Per Share

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 stars

Construction Sector

87th out of 136 stocks

Metal Forgings & Stampings Industry

3rd out of 4 stocks

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.

Mayville Engineering logo

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.

MEC Stock News Headlines

MEC Named Top U.S. Fabricator Once Again
Mayville Engineering CEO Robert Kamphuis to retire
Earnings Outlook For Mayville Engineering
Mayville Engineering Company Provides Business Update
See More Headlines

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
N/A
Fax
N/A
Employees
2,200
Year Founded
N/A

Company Calendar

Last Earnings
5/03/2022
Today
7/02/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Price 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 Rating
Hold
Rating Score (0-4)
2
Research Coverage
1 Analysts

Profitability

Net Income
$-7.45 million
Pretax Margin
-1.66%

Debt

Sales & Book Value

Annual Sales
$454.83 million
Cash Flow
$1.87 per share
Book Value
$9.70 per share

Miscellaneous

Free Float
18,582,000
Market Cap
$162.83 million
Optionable
Not Optionable
Beta
0.54














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?

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

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.