Mayville Engineering Company, Inc. (MEC)

Market Cap	303.55M
Revenue (ttm)	524.61M
Net Income (ttm)	17.87M
Shares Out	20.32M
EPS (ttm)	0.86
PE Ratio	17.46
Forward PE	38.05
Dividend	n/a
Ex-Dividend Date	n/a

Volume	158,315
Open	14.11
Previous Close	14.04
Day's Range	13.93 - 15.14
52-Week Range	11.72 - 23.02
Beta	1.18
Analysts	Strong Buy
Price Target	21.33 (+42.77%)
Earnings Date	Aug 5, 2025

About PARA

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 Summary

According to 3 analysts, the average rating for MEC stock is "Strong Buy." The 12-month stock price target is $21.33, which is an increase of 42.77% from the latest price.

Price Target

$21.33

(42.77% upside)

Analyst Consensus: Strong Buy