Mayville Engineering Company, Inc. (MEC)
| Market Cap | 405.83M |
| Revenue (ttm) | 419.25M |
| Net Income (ttm) | 5.71M |
| Shares Out | 20.48M |
| EPS (ttm) | 0.28 |
| PE Ratio | 68.65 |
| Forward PE | 20.79 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 160,987 |
| Open | 18.85 |
| Previous Close | 18.63 |
| Day's Range | 18.81 - 20.31 |
| 52-Week Range | 8.62 - 22.16 |
| Beta | 0.53 |
| Analysts | Strong Buy |
| Price Target | 24.00 (+27.1%) |
| Est. Earnings Date | Nov 2, 2021 |
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, Wisc...
Financial Performance
In 2020, MEC's revenue was $357.61 million, a decrease of -31.19% compared to the previous year's $519.70 million. Losses were -$7.09 million, 49.2% more than in 2019.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for MEC stock is "Strong Buy." The 12-month stock price forecast is 24.00, which is an increase of 27.12% from the latest price.
News
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 ...
MEC Named Top U.S. Fabricator for 11th Consecutive Year
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 ...
Surging Earnings Estimates Signal Upside for Mayville Engineering (MEC) Stock
Mayville Engineering (MEC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Mayville Engineering Company Expanding Production Capacity in 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 ...
Mayville Engineering Company, Inc. Announces First 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 ...
Recent Price Trend in Mayville Engineering (MEC) is Your Friend, Here's Why
If you are looking for stocks that are well positioned to maintain their recent uptrend, Mayville Engineering (MEC) could be a great choice. It is one of the several stocks that passed through our "Rece...
Mayville Engineering Company, Inc. Announces First Quarter 2021 and Earnings Release and Conference Call Information
MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (“MEC”) today announced that it will release financial results for the first quarter 2021 after market close on Tuesday, May 4th, 2021...
Mayville Engineering Company, Inc. Announces New Strategic Customer Relationship
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 Recognized by PACCAR as a Top-Performing Supplier
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 ...
Brokers Love These Construction Stocks, Maybe You Should Too
It might be a wise decision to go ahead with construction stocks preferred by analysts who offer key information, which is of great value to investors amid positive momentum in the sector.
Mayville Engineering Company, Inc. Announces Fourth Quarter and Full Year 2020 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 ...
Will Mayville Engineering (MEC) Report Negative Q4 Earnings? What You Should Know
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.
Engineering R&D Services Industry to Prosper: 5 Stocks in Focus
Engineering R&D Services Industry to Prosper: 5 Stocks in Focus
Mayville Engineering Company, Inc. Announces Fourth Quarter 2020 and Full Year 2020 Earnings Release and Conference C...
MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (“MEC”) today announced that it will release financial results for the fourth quarter 2020 and full year 2020 after market close on Tu...
Grab These 4 Breakout Stocks for Spectacular Gains
In case a stock falls below the lower bound of this band, it may be time to offload it from your portfolio.
Mayville Engineering Company, Inc. Announces Appointment of Jennifer Kent to Board of Directors
MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”) today announced that the Board of Directors has elected Jennifer Kent as a director of the Company. The Company al...
Mayville Engineering Company, Inc. Named to Wisconsin 75
MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”) is proud to announce their ranking as number 39 on the list of the largest closely held companies in the state of ...