Mayville Engineering Company, Inc. (MEC)

Market Cap	316.63M
Revenue (ttm)	607.05M
Net Income (ttm)	8.51M
Shares Out	20.53M
EPS (ttm)	0.42
PE Ratio	36.90
Forward PE	16.12
Dividend	n/a
Ex-Dividend Date	n/a

Volume	92,442
Open	15.41
Previous Close	15.47
Day's Range	15.18 - 15.52
52-Week Range	9.72 - 16.54
Beta	0.83
Analysts	Strong Buy
Price Target	18.50 (+19.36%)
Earnings Date	May 7, 2024

About 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 Milwau...

• Industry: Metal Fabrication
• Sector: Industrials
• IPO Date: May 9, 2019
• Employees: 2,500
• Stock Exchange: NYSE
• Ticker Symbol: MEC

Financial Performance

In 2023, MEC's revenue was $588.43 million, an increase of 9.09% compared to the previous year's $539.39 million. Earnings were $7.84 million, a decrease of -58.11%.

Analyst Forecast

According to 4 analysts, the average rating for MEC stock is "Strong Buy." The 12-month stock price forecast is $18.5, which is an increase of 19.36% from the latest price.

Price Target

$18.5

(19.36% upside)

Analyst Consensus: Strong Buy