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Mayville Engineering Company (MEC)
NYSE:MEC
RESEARCH TOOLSreports
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MEC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.07 - $23.02
Previous Close$16.66
Volume150.99K
Average Volume (3M)130.75K
Market Cap
$343.93M
Enterprise Value$485.02M
Total Cash (Recent Filing)$178.00K
Total Debt (Recent Filing)$141.26M
Price to Earnings (P/E)28.5
Beta0.95
Next Earnings
Mar 04, 2025EPS Estimate
-$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.58
Shares Outstanding20,644,333
10 Day Avg. Volume258,238
30 Day Avg. Volume130,747
Standard Deviation0.17
R-Squared0.09
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.44
Price to Sales (P/S)0.57
Price to Cash Flow (P/CF)4.70
P/FCF Ratio5.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.80
Enterprise Value/Gross Profit6.96
Enterprise Value/Ebitda8.22
Forecast
1Y Price Target
$18.50Price Target Upside13.36% Upside
Rating ConsensusHold
Number of Analyst Covering2
Mayville Engineering Company News
Bulls Say, Bears Say
Bulls Say
Financial OutlookFCF guidance raised to a range of $45-50 million (previously $35-$40 million, assumes $15-20 million in capex).
Financial PerformanceEBITDA margin increased year/year and exceeded consensus expectations.
Industry LeadershipMEC is the leading U.S. metal fabricator and serves OEMs in several end markets including commercial vehicle, construction equipment, powersports.
Bears Say
Facility Closure And Headcount ReductionManagement announced a facility closure and a 12% headcount reduction, indicating challenges in sustaining customer wins.
Production CutsOEM customer production cuts are extending into 2025, affecting key end markets like Commercial Vehicle and Construction.
Revenue GuidanceThe sharp reduction in revenue guidance underscores the limited visibility management has given the short cycle nature of MEC’s business.
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Ownership Overview
3.41% Insiders
23.13% Mutual Funds
16.65% Other Institutional Investors
48.17% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MEC FAQ
What was Mayville Engineering Company’s price range in the past 12 months?
Mayville Engineering Company lowest stock price was $11.07 and its highest was $23.02 in the past 12 months.
What is Mayville Engineering Company’s market cap?
Currently, no data Available
When is Mayville Engineering Company’s upcoming earnings report date?
Mayville Engineering Company’s upcoming earnings report date is Mar 04, 2025 which is in 103 days.
How were Mayville Engineering Company’s earnings last quarter?
Mayville Engineering Company released its earnings results on Nov 05, 2024. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.244 by -$0.034.
Is Mayville Engineering Company overvalued?
According to Wall Street analysts Mayville Engineering Company’s price is currently Undervalued.
Does Mayville Engineering Company pay dividends?
Mayville Engineering Company does not currently pay dividends.
What is Mayville Engineering Company’s EPS estimate?
Mayville Engineering Company’s EPS estimate is -$0.08.
How many shares outstanding does Mayville Engineering Company have?
Mayville Engineering Company has 20,644,333 shares outstanding.
What happened to Mayville Engineering Company’s price movement after its last earnings report?
Mayville Engineering Company reported an EPS of $0.21 in its last earnings report, missing expectations of $0.244. Following the earnings report the stock price went down -19.624%.
Which hedge fund is a major shareholder of Mayville Engineering Company?
Among the largest hedge funds holding Mayville Engineering Company’s share is Royce & Associates LLC. It holds Mayville Engineering Company’s shares valued at 12M.
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Mayville Engineering Company Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$18.50 (13.36% Upside)
$18.50 (13.36% Upside)
Blogger Sentiment
Bullish
MEC Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 99.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $253.1K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.64%
12-Months-Change
Fundamentals
Return on Equity
5.25%
Trailing 12-Months
Asset Growth
-11.20%
Trailing 12-Months
Company Description
Mayville Engineering Company
Mayville Engineering Co., Inc. engages in the production of metal components. It offers a broad range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. The company was founded by Leo Bachhuber and Ted Bachhuber in 1945 and is headquartered in Mayville, WI.
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MEC Company Deck
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MEC Earnings Call
Q3 2024
0:00 / 0:00
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MEC Stock 12 Month Forecast
Average Price Target
$18.50
▲(13.36% Upside)
Technical Analysis
Best Analysts Covering MEC
1 Year
1 Year Success Rate
9/12 ratings generated profit
1 Year Average Return
+39.47%
reiterated a buy rating 4 months ago
Copying Andrew Kaplowitz's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +39.47% per trade.
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