Mayville Engineering Company, Inc. (MEC)

Market Cap	325.33M
Revenue (ttm)	555.91M
Net Income (ttm)	22.75M
Shares Out	20.46M
EPS (ttm)	1.08
PE Ratio	14.66
Forward PE	22.68
Dividend	n/a
Ex-Dividend Date	n/a

Volume	38,592
Open	15.60
Previous Close	15.16
Day's Range	15.48 - 16.04
52-Week Range	11.72 - 23.02
Beta	1.14
Analysts	Buy
Price Target	18.00 (+13.21%)
Earnings Date	May 6, 2025

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. The company supplies engineered components to original equipment manufacturers. It serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. The company was founded in 1945 and is headquartered in Milwaukee, Wisconsin.

• Industry: Metal Fabrication
• Sector: Industrials
• IPO Date: May 9, 2019
• Employees: 2,200
• Stock Exchange: NYSE
• Ticker Symbol: MEC
• Website: https://www.mecinc.com

Financial Performance

In 2024, MEC's revenue was $581.60 million, a decrease of -1.16% compared to the previous year's $588.43 million. Earnings were $25.97 million, an increase of 231.06%.

Analyst Forecast

According to 2 analysts, the average rating for MEC stock is "Buy." The 12-month stock price forecast is $18.0, which is an increase of 13.21% from the latest price.

Price Target

$18.0

(13.21% upside)

Analyst Consensus: Buy