Mayville Engineering Company, Inc. (MEC)

Market Cap	281.79M
Revenue (ttm)	581.60M
Net Income (ttm)	25.97M
Shares Out	20.42M
EPS (ttm)	1.24
PE Ratio	11.19
Forward PE	22.34
Dividend	n/a
Ex-Dividend Date	n/a

Volume	80,661
Open	13.88
Previous Close	13.94
Day's Range	13.76 - 13.99
52-Week Range	12.75 - 23.02
Beta	0.91
Analysts	Strong Buy
Price Target	20.67 (+49.78%)
Earnings Date	Mar 4, 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. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, ...

• 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 3 analysts, the average rating for MEC stock is "Strong Buy." The 12-month stock price forecast is $20.67, which is an increase of 49.78% from the latest price.

Price Target

$20.67

(49.78% upside)

Analyst Consensus: Strong Buy