NYSE:MEC Mayville Engineering (MEC) Stock Price, News & Analysis → What is Medicare Supplement Insurance? (From Tranzact) (Ad) Free MEC Stock Alerts $13.58 -0.03 (-0.22%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$13.15▼$13.6250-Day Range$11.64▼$14.4952-Week Range$9.55▼$15.50Volume90,085 shsAverage Volume50,735 shsMarket Capitalization$276.56 millionP/E Ratio35.74Dividend 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/Downside27.6% Upside$17.33 Price TargetShort InterestHealthy2.04% 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.3.56 out of 5 starsConstruction Sector51st out of 99 stocksMetal Forgings & Stampings Industry3rd 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 4.0 Short Interest Percentage of Shares Shorted2.04% 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 5.2.Change versus previous monthShort interest in Mayville Engineering has recently decreased by 5.62%, 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MEC. Previous Next 1.3 News and Social Media Coverage News SentimentMayville Engineering has a news sentiment score of 0.31. 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 0.57 average news sentiment score 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 35.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Mayville Engineering is 35.74, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 19.00.Price to Book Value per Share RatioMayville Engineering has a P/B Ratio of 1.20. 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 Colonial MetalsConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. See why the elites are pouring billions into gold. 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 24, 2024 | businesswire.comMayville Engineering Company Announces First Quarter 2024 Results Conference Call and Webcast DateApril 18, 2024 | finance.yahoo.comThis Mayville Engineering Company Insider Increased Their Holding By 36% Last YearApril 25, 2024 | Colonial Metals (Ad)Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. April 4, 2024 | investorplace.comMighty Micro-Cap Stocks: 7 Tiny Companies Packing Enormous PotentialMarch 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 TranscriptApril 25, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…March 7, 2024 | finance.yahoo.comMayville Engineering Co Inc (MEC) Reports Solid Q4 and Full-Year 2023 Results Amidst Strategic ...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 YearSee 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 Earnings3/06/2024Today4/25/2024Next Earnings (Confirmed)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+29.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio35.21 Forward P/E Ratio20.27 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 / Sales0.46 Cash Flow$2.05 per share Price / Cash Flow6.54 Book Value$11.32 per share Price / Book1.18Miscellaneous Outstanding Shares20,360,000Free Float19,062,000Market Cap$272.42 million OptionableNot Optionable Beta0.84 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?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:ORNCaesarstoneNASDAQ:CSTESouthlandNASDAQ:SLNDNature Wood GroupNASDAQ:NWGLSmith-MidlandNASDAQ:SMIDView 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 brokerages have issued 1 year target prices for Mayville Engineering's stock. Their MEC share price targets range from $14.00 to $20.00. On average, they anticipate the company's stock price to reach $17.33 in the next twelve months. This suggests a possible upside of 27.6% 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 at the beginning of the year. Since then, MEC stock has decreased by 5.8% and is now trading at $13.58. 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 can I listen to Mayville Engineering's earnings call? Mayville Engineering will be holding an earnings conference call on Wednesday, May 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 226-828-7578 with passcode "841639". How were Mayville Engineering's earnings last quarter? Mayville Engineering Company, Inc. (NYSE:MEC) released its earnings results on Wednesday, March, 6th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.18 by $0.05. The business had revenue of $148.58 million for the quarter, compared to analysts' expectations of $157.08 million. Mayville Engineering had a net margin of 1.33% and a trailing twelve-month return on equity of 6.58%. During the same period last year, the firm posted $0.22 earnings per share. What guidance has Mayville Engineering issued on next quarter's earnings? Mayville Engineering updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS 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 IPO 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 served 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 a variety of institutional and retail 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. This page (NYSE:MEC) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsFed launches fourth dollar overhaulStansberry ResearchThe only accurate crypto trading system I know …Weiss RatingsBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressThe AI stock to buy right nowStockEarnings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. Get 30 Days of MarketBeat All Access Free 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. 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 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
