NYSE:MEC Mayville Engineering (MEC) Stock Price, News & Analysis → Exposed: 10 CENT Crypto to Explode April 20th? (From True Market Insiders) (Ad) Free MEC Stock Alerts $13.75 -0.09 (-0.65%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$13.75▼$14.1650-Day Range$11.64▼$14.4952-Week Range$9.55▼$15.50Volume46,616 shsAverage Volume50,132 shsMarket Capitalization$279.95 millionP/E Ratio36.19Dividend YieldN/APrice Target$17.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Mayville Engineering alerts: Email Address Mayville Engineering MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside26.1% Upside$17.33 Price TargetShort InterestHealthy2.16% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$20,046 Bought Last QuarterProj. Earnings Growth84.85%From $0.66 to $1.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.30 out of 5 starsConstruction Sector49th out of 96 stocksMetal Forgings & Stampings Industry4th out of 4 stocks 3.3 Analyst's Opinion Consensus RatingMayville Engineering has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMayville Engineering has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.16% 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 5.9.Change versus previous monthShort interest in Mayville Engineering has recently decreased by 3.73%, indicating that investor sentiment is improving. 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MEC. Previous Next 1.5 News and Social Media Coverage News SentimentMayville Engineering has a news sentiment score of 0.63. 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 news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 1 news article for Mayville Engineering this week, compared to 1 article on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mayville Engineering insiders have bought more of their company's stock than they have sold. Specifically, they have bought $20,046.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.40% of the stock of Mayville Engineering is held by insiders.Percentage Held by Institutions45.44% of the stock of Mayville Engineering is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Mayville Engineering are expected to grow by 84.85% in the coming year, from $0.66 to $1.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mayville Engineering is 36.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Mayville Engineering is 36.19, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 18.58.Price to Book Value per Share RatioMayville Engineering has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersExposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…Click For My #1 FREE Crypto for 2024 About Mayville Engineering Stock (NYSE:MEC)Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. It also supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.Read More MEC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MEC Stock News HeadlinesApril 18, 2024 | finance.yahoo.comThis Mayville Engineering Company Insider Increased Their Holding By 36% Last YearApril 4, 2024 | investorplace.comMighty Micro-Cap Stocks: 7 Tiny Companies Packing Enormous PotentialApril 24, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…March 28, 2024 | finance.yahoo.comOwning 47% shares,institutional owners seem interested in Mayville Engineering Company, Inc. (NYSE:MEC),March 8, 2024 | seekingalpha.comMayville Engineering Company, Inc. (MEC) Q4 2023 Earnings Call TranscriptMarch 8, 2024 | finance.yahoo.comMayville Engineering Company Full Year 2023 Earnings: EPS Misses ExpectationsMarch 7, 2024 | finance.yahoo.comMayville Engineering Company, Inc. (NYSE:MEC) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | finance.yahoo.comMayville Engineering Co Inc (MEC) Reports Solid Q4 and Full-Year 2023 Results Amidst Strategic ...April 24, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…March 6, 2024 | benzinga.comMayville Engineering: Q4 Earnings InsightsMarch 6, 2024 | washingtonpost.comMayville Engineering: Q4 Earnings SnapshotMarch 6, 2024 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Broadwind Energy (BWEN) and Mayville Engineering Company (MEC)March 5, 2024 | investorplace.comMEC Stock Earnings: Mayville Engineering Beats EPS, Misses Revenue for Q4 2023March 5, 2024 | businesswire.comMayville Engineering Company Announces Fourth Quarter and Full-Year 2023 ResultsMarch 4, 2024 | benzinga.comMayville Engineering's Earnings OutlookFebruary 21, 2024 | finance.yahoo.comMayville Engineering Company Announces Fourth Quarter and Full Year 2023 Results Conference Call and Webcast DateFebruary 21, 2024 | businesswire.comMayville Engineering Company Announces Fourth Quarter and Full Year 2023 Results Conference Call and Webcast DateFebruary 16, 2024 | wsj.comMayville Engineering Co. Inc.February 15, 2024 | finance.yahoo.comMEC Feb 2024 12.500 callDecember 24, 2023 | finance.yahoo.comShould You Think About Buying Mayville Engineering Company, Inc. (NYSE:MEC) Now?December 23, 2023 | seekingalpha.comMayville Engineering: Slowing Demand Expected In All 5 Primary End MarketsDecember 21, 2023 | markets.businessinsider.comNorthland Securities Keeps Their Buy Rating on Mayville Engineering Company (MEC)November 19, 2023 | finance.yahoo.comWith EPS Growth And More, Mayville Engineering Company (NYSE:MEC) Makes An Interesting CaseNovember 2, 2023 | finance.yahoo.comMayville Engineering Company, Inc. (NYSE:MEC) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comQ3 2023 Mayville Engineering Company Inc Earnings CallNovember 2, 2023 | finance.yahoo.comMayville Engineering Company Insider Ups Holding During YearNovember 1, 2023 | finance.yahoo.comMayville Engineering Company to Attend Baird 2023 Global Industrial ConferenceSee More Headlines 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 Company Calendar Last Earnings3/06/2024Today4/23/2024Next Earnings (Estimated)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry Metal forgings & stampings Sub-IndustryN/A Current SymbolNYSE:MEC CUSIPN/A CIK1766368 Webwww.mecinc.com Phone(920) 387-4500FaxN/AEmployees2,500Year FoundedN/APrice Target and Rating Average Stock Price Target$17.33 High Stock Price Target$20.00 Low Stock Price Target$14.00 Potential Upside/Downside+26.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio36.19 Forward P/E Ratio20.83 P/E GrowthN/ANet Income$7.84 million Net Margins1.33% Pretax Margin1.51% Return on Equity6.58% Return on Assets2.98% Debt Debt-to-Equity Ratio0.64 Current Ratio1.88 Quick Ratio0.93 Sales & Book Value Annual Sales$588.42 million Price / Sales0.48 Cash Flow$2.09 per share Price / Cash Flow6.57 Book Value$11.32 per share Price / Book1.21Miscellaneous Outstanding Shares20,360,000Free Float19,062,000Market Cap$279.95 million OptionableNot Optionable Beta0.84 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Jagadeesh A. Reddy (Age 52)President, CEO & Director Comp: $1.31MMr. Todd M. Butz (Age 52)CFO, Secretary & Treasurer Comp: $948.1kMr. Ryan F. Raber (Age 41)Executive Vice President of Strategy, Sales & Marketing Comp: $870.7kMr. Sean P. Leuba (Age 53)Senior VP of Corporate Development & General Counsel Ms. Rachele M. LehrChief Human Resources OfficerKey CompetitorsOrion GroupNYSE:ORNSouthlandNASDAQ:SLNDSmith-MidlandNASDAQ:SMIDNature Wood GroupNASDAQ:NWGLWilldan GroupNASDAQ:WLDNView All CompetitorsInsiders & InstitutionsMesirow Financial Investment Management Inc.Sold 6,741 shares on 4/19/2024Ownership: 0.104%Allspring Global Investments Holdings LLCSold 6,129 shares on 4/18/2024Ownership: 12.861%Jagadeesh A ReddyBought 1,560 shares on 3/15/2024Total: $20,046.00 ($12.85/share)JB Capital Partners LPBought 21,525 shares on 2/14/2024Ownership: 0.837%Panagora Asset Management Inc.Bought 1,132 shares on 2/8/2024Ownership: 0.212%View All Insider TransactionsView All Institutional Transactions MEC Stock Analysis - Frequently Asked Questions Should I buy or sell Mayville Engineering stock right now? 3 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 and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MEC shares. View MEC analyst ratings or view top-rated stocks. What is Mayville Engineering's stock price target for 2024? 3 analysts have issued twelve-month price objectives for Mayville Engineering's shares. Their MEC share price targets range from $14.00 to $20.00. On average, they predict the company's share price to reach $17.33 in the next year. This suggests a possible upside of 26.1% from the stock's current price. View analysts price targets for MEC or view top-rated stocks among Wall Street analysts. How have MEC shares performed in 2024? Mayville Engineering's stock was trading at $14.42 on January 1st, 2024. Since then, MEC shares have decreased by 4.6% and is now trading at $13.75. View the best growth stocks for 2024 here. When is Mayville Engineering's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our MEC earnings forecast. How were Mayville Engineering's earnings last quarter? Mayville Engineering Company, Inc. (NYSE:MEC) issued its earnings results on Wednesday, March, 6th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.05. The company earned $148.58 million during the quarter, compared to analysts' expectations of $157.08 million. Mayville Engineering had a trailing twelve-month return on equity of 6.58% and a net margin of 1.33%. During the same quarter in the previous year, the business posted $0.22 earnings per share. What guidance has Mayville Engineering issued on next quarter's earnings? Mayville Engineering issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $620.0 million-$640.0 million, compared to the consensus revenue estimate of $644.8 million. 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), 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? Mayville Engineering (MEC) raised $126 million in an initial public offering 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. Who are Mayville Engineering's major shareholders? Mayville Engineering's stock is owned by many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (12.86%) and Mesirow Financial Investment Management Inc. (0.10%). Insiders that own company stock include Jagadeesh A Reddy, Patrick D Michels, Robert D Kamphuis, Steven L Fisher, Timothy L Christen and Todd M Butz. View institutional ownership trends. How do I buy shares of Mayville Engineering? Shares of MEC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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