Mayville Engineering Company, Inc. (MEC)

NYSE: MEC · IEX Real-Time Price · USD
7.55
-0.29 (-3.70%)
Jun 29, 2022 11:22 AM EDT - Market open
-3.70%
Market Cap 155.02M
Revenue (ttm) 478.46M
Net Income (ttm) -6.17M
Shares Out 20.53M
EPS (ttm) -0.30
PE Ratio n/a
Forward PE 22.08
Dividend n/a
Ex-Dividend Date n/a
Volume 3,627
Open 7.83
Previous Close 7.84
Day's Range 7.55 - 7.96
52-Week Range 7.01 - 20.93
Beta 0.53
Analysts Buy
Price Target 13.94 (+84.6%)
Earnings Date Aug 2, 2022

About MEC

Mayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction and access equipment, powersports, agriculture, military, and other end markets in the United States. The company provides a range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. It also supplies engineered components to original equipment manufacturers. The company was founded in 1945 and is headquartered in Mayville, Wis... [Read more...]

Industry Metals & Mining
IPO Date May 9, 2019
Employees 2,200
Stock Exchange NYSE
Ticker Symbol MEC
Full Company Profile

Financial Performance

In 2021, MEC's revenue was $454.83 million, an increase of 27.19% compared to the previous year's $357.61 million. Losses were -$7.45 million, 5.06% more than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MEC stock is "Buy." The 12-month stock price forecast is 13.94, which is an increase of 84.64% from the latest price.

Price Target
$13.94
(84.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MEC Named Top U.S. Fabricator Once Again

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and ...

MEC To Participate in William Blair 42nd Annual Growth Stock Conference

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”) announced today that Bob Kamphuis, Chairman, President & CEO, Todd Butz, CFO, and Ryan Raber, EVP of Strategy, Sal...

Mayville Engineering (MEC) Q1 Earnings and Revenues Top Estimates

Mayville Engineering (MEC) delivered earnings and revenue surprises of 18.75% and 11.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Mayville Engineering Company, Inc. Announces First Quarter 2022 Results

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value added manufacturing partner that provides a broad range of prototyping and ...

Mayville Engineering Company Announces First Quarter 2022 Earnings Release and Conference Call

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (“MEC”) today announced that it will release financial results for the first quarter 2022 after market close on Tuesday, May 3, 2022. ...

MEC Announces Retirement Plan of CEO Robert D. Kamphuis

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”), a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and tooling, pr...

Mayville Engineering (MEC) Reports Q4 Loss, Tops Revenue Estimates

Mayville Engineering (MEC) delivered earnings and revenue surprises of -166.67% and 2.64%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Mayville Engineering Company, Inc. Announces Fourth Quarter and Full Year 2021 Results

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value added manufacturing partner that provides a broad range of prototyping and ...

Mayville Engineering Company Announces Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (“MEC”) today announced that it will release financial results for the fourth quarter 2021 and full year 2021 after market close on Tu...

Mayville Engineering Cuts Top End Of FY21 Outlook Citing Supply Chain Challenges

Mayville Engineering Co Inc (NYSE: MEC) narrowed its 2021 financial outlook and introduced its 2022 financial outlook. FY21 Outlook: The company expects net sales of $450 million-$455 million (prior exp...

Mayville Engineering Company Provides Business Update

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value added manufacturing partner that provides a broad range of prototyping and ...

MEC Included in Wisconsin 75 List Again

MAYVILLE, Wisc.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”) is proud to announce their ranking as number 51 on the list of the largest closely held companies in the state of...

Mayville Engineering (MEC) Q3 Earnings and Revenues Miss Estimates

Mayville Engineering (MEC) delivered earnings and revenue surprises of -93.75% and -13.56%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Mayville Engineering Company, Inc. Announces Third Quarter 2021 Results

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and ...

Mayville Engineering (MEC) Earnings Expected to Grow: Should You Buy?

Mayville Engineering (MEC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mayville Engineering Company Announces Third Quarter 2021 Earnings Release and Conference Call

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”) today announced that it will release financial results for the third quarter 2021 after market close on Tuesday, N...

Why Mayville Engineering Stock Is Soaring Higher Today

The company could be a beneficiary of insourcing trends.

Mayville Engineering (MEC) Q2 Earnings and Revenues Lag Estimates

Mayville Engineering (MEC) delivered earnings and revenue surprises of -30.43% and -3.41%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Mayville Engineering Company, Inc. Announces Second Quarter 2021 Results

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and ...

Mayville Engineering (MEC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Mayville Engineering (MEC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mayville Engineering Company Announces Second Quarter 2021 Earnings Release and Conference Call

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (“MEC”) today announced that it will release financial results for the second quarter 2021 after market close on Tuesday, August 3rd, ...

Mayville Engineering (MEC) Moves 6.3% Higher: Will This Strength Last?

Mayville Engineering (MEC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength do...

Mayville Engineering Company's (MEC) Shares March Higher, Can It Continue?

As of late, it has definitely been a great time to be an investor in Mayville Engineering Company, Inc. (MEC).

Here's Why Momentum in Mayville Engineering (MEC) Should Keep going

Mayville Engineering (MEC) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed thro...

Mayville Engineering Company Finalizes Plans to Open New Facility in Hazel Park, Michigan

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value added manufacturing partner that provides a broad range of prototyping and ...