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Mayville Engineering Company, Inc. MEC

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Price alert · MEC

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15.02 USD -0.09 -0.60%

At close · Oct 30

15.02 0.00 0.00%

After hours · Oct 30, 5:05 PM ET

Bid
14.87 × 600
Ask
15.06 × 100
14.50 Day range 15.04
12.71 52-week range 37.54
YTD
-19.76%
1 year
-12.67%
Open
14.65
Prev close
15.11
Mkt cap
383.02M
Vol
468.16K
Avg vol
547.84K
EPS
-0.83
P/E
0.00
Div yield
0.00%
More statistics
Low
14.50
High
15.04
Forward P/E
24.12
Beta
0.97
Short ratio
1.26
Inst. own
57.92%
Dividend
0.00
Ex-div date
Earnings
Aug 6, 2024
50-d avg
18.27
200-d avg
17.15
1y target
21.00

2Y chart

Chart tools
Interval

Events in this range
  • Nov 5, 2024Earnings: 0.14; estimate 0.19; surprise -26.32%
  • Nov 7, 2024Downgrade: Northland Capital Markets · Outperform → Market Perform
Signals (82)
NameDateAgo
MACD: Buy SignalOct 27, 20264 days ago
MACD: Sell SignalOct 23, 20261 week ago
RSI: OversoldOct 22, 20261 week ago
RSI: OversoldOct 9, 20263 weeks ago
RSI: OversoldSep 28, 20261 month ago
RSI: OversoldSep 10, 20261 month ago
MACD: Buy SignalSep 3, 20261 month ago
RSI: OversoldAug 24, 20262 months ago
MACD: Sell SignalAug 21, 20262 months ago
MACD: Buy SignalAug 20, 20262 months ago
SMA: BearishAug 19, 20262 months ago
SMA: BullishAug 12, 20262 months ago
SMA: BearishAug 11, 20262 months ago
RSI: OversoldAug 10, 20262 months ago
RSI: OversoldJul 29, 20263 months ago
SMA: BearishJul 17, 20263 months ago
RSI: OverboughtJun 26, 20264 months ago
MACD: Sell SignalJun 22, 20264 months ago
RSI: OverboughtJun 18, 20264 months ago
RSI: OverboughtJun 1, 20265 months ago
MACD: Buy SignalMay 29, 20265 months ago
MACD: Sell SignalMay 19, 20265 months ago
RSI: OverboughtMay 6, 20265 months ago
RSI: OverboughtApr 30, 20266 months ago
SMA: BullishApr 8, 20266 months ago
MACD: Buy SignalMar 26, 20267 months ago
SMA: BullishMar 23, 20267 months ago
SMA: BearishMar 20, 20267 months ago
RSI: OversoldMar 13, 20267 months ago
SMA: BearishMar 4, 20268 months ago
MACD: Sell SignalFeb 25, 20268 months ago
RSI: OverboughtFeb 6, 20268 months ago
MACD: Buy SignalJan 29, 20269 months ago
MACD: Sell SignalJan 5, 20269 months ago
MACD: Buy SignalDec 23, 202510 months ago
MACD: Sell SignalDec 19, 202510 months ago
RSI: OverboughtDec 10, 202510 months ago
MACD: Buy SignalDec 3, 202511 months ago
MACD: Sell SignalDec 2, 202511 months ago
MACD: Buy SignalNov 28, 202511 months ago
SMA: BullishNov 21, 202511 months ago
SMA: BearishNov 20, 202511 months ago
MACD: Sell SignalNov 10, 202511 months ago
RSI: OverboughtOct 22, 20251 year ago
SMA: BullishOct 21, 20251 year ago
SMA: BullishOct 21, 20251 year ago
MACD: Buy SignalOct 21, 20251 year ago
MACD: Sell SignalOct 16, 20251 year ago
MACD: Buy SignalOct 15, 20251 year ago
MACD: Sell SignalSep 23, 20251 year ago
MACD: Buy SignalAug 26, 20251 year ago
SMA: BearishAug 6, 20251 year ago
MACD: Sell SignalAug 6, 20251 year ago
MACD: Buy SignalJul 29, 20251 year ago
SMA: BullishJul 23, 20251 year ago
SMA: BearishJul 18, 20251 year ago
MACD: Sell SignalJul 11, 20251 year ago
MACD: Buy SignalJun 20, 20251 year ago
MACD: Sell SignalJun 3, 20251 year ago
RSI: OverboughtMay 20, 20251 year ago
RSI: OverboughtMay 15, 20251 year ago
RSI: OverboughtMay 12, 20251 year ago
SMA: BullishMay 8, 20251 year ago
MACD: Buy SignalApr 24, 20251 year ago
RSI: OversoldApr 3, 20251 year ago
MACD: Sell SignalMar 28, 20251 year ago
MACD: Buy SignalMar 26, 20251 year ago
MACD: Sell SignalMar 25, 20251 year ago
MACD: Buy SignalMar 14, 20251 year ago
MACD: Sell SignalMar 13, 20251 year ago
MACD: Buy SignalMar 11, 20251 year ago
RSI: OversoldMar 3, 20251 year ago
MACD: Sell SignalFeb 13, 20251 year ago
SMA: BearishJan 28, 20251 year ago
SMA: BullishJan 27, 20251 year ago
MACD: Buy SignalJan 15, 20251 year ago
MACD: Sell SignalJan 8, 20251 year ago
RSI: OversoldJan 8, 20251 year ago
MACD: Buy SignalJan 7, 20251 year ago
MACD: Sell SignalDec 27, 20241 year ago
MACD: Buy SignalDec 26, 20241 year ago
MACD: Sell SignalDec 24, 20241 year ago

Key statistics

Market cap
328.66M
Enterprise value
480.03M
Trailing P/E
26.98
Forward P/E
24.12
PEG ratio
0.00
Price / sales
0.54
Price / book
1.38
EPS (TTM)
0.59
Beta
0.97
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
2.01%
Revenue (TTM)
608.88M
Revenue growth
-14.40%
Free cash flow
53.19M
Total cash
178.00K
Total debt
145.98M
Return on equity
5.25%
Shares outstanding
20.64M
Short % of float
2.20%
50-day average
18.27
200-day average
17.15

Analyst view

Consensus: buy

Buy
Price target (mean) 21.00 +39.8% upside
Target (low)
20.00
Target (mean)
21.00
Target (high)
22.00
Ratings (0m) 3 2 buy · 1 hold · 0 sell
  • Strong buy0
  • Buy2
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Aug 6, 2024

Expected Aug 6, 2024. Consensus EPS estimate -0.0806.

Earnings history

Financials — quick view

All financials
MEC Revenue — quarterly 162.98M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
MEC Net income — quarterly -2.10M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
MEC EPS — quarterly -0.09
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

MEC recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 5, 2024Sep 1, 20240.190.14-0.05-26.32%
Aug 6, 2024Jun 1, 20240.170.18+0.01+5.88%
Aug 6, 2024Jun 1, 20240.17———
May 7, 2024Mar 1, 20240.000.16——
May 7, 2024Mar 1, 20240.00———
Mar 5, 2024Dec 1, 20230.180.11-0.07-38.89%

Upgrades / downgrades

MEC analyst upgrades and downgrades
DateFirmActionFromTo
Nov 7, 2024Northland Capital MarketsdownOutperformMarket Perform
Oct 8, 2024Northland Capital MarketsreitOutperformOutperform
Jun 14, 2024Northland Capital MarketsmainOutperformOutperform
May 8, 2024EF HuttonmainBuyBuy
Apr 8, 2024CitigroupmainBuyBuy
Mar 7, 2024EF HuttonmainBuyBuy

About Mayville Engineering Company, Inc.

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. It also supplies engineered components to original equipment manufacturers. The company 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, Wisconsin.

Sector
Industrials
Industry
Metal Fabrication
Country
United States
Website
mecinc.com

News

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Insider holders

MEC insider holders
InsiderRelationLatest transactionDateShares held
BUTZ TODD MChief Financial OfficerConversion of Exercise of derivative securityAug 20, 2024193,632
CARLSON ALLEN JDirectorConversion of Exercise of derivative securityApr 15, 202465,856
CHRISTEN TIMOTHY LChairman of the BoardConversion of Exercise of derivative securityApr 15, 2024130,575
FISHER STEVEN LDirectorConversion of Exercise of derivative securityApr 15, 202431,456
KENT JENNIFER JDirectorConversion of Exercise of derivative securityApr 15, 202415,956
LEHR RACHELE MARIEOfficerPurchaseNov 6, 20247,521

Institution ownership

MEC institution ownership
Holder% heldSharesValueReported
Allspring Global Investments Holdings, LLC11.99%2,474,87139.40MSep 29, 2024
Blackrock Inc.4.35%897,61014.29MSep 29, 2024
Tocqueville Asset Management L.p.3.05%629,71410.03MSep 29, 2024
Dimensional Fund Advisors LP3.00%619,5739.86MSep 29, 2024
Vanguard Group Inc2.77%571,5299.10MSep 29, 2024
Royce & Associates LP2.72%560,5488.92MSep 29, 2024

Fund ownership

MEC fund ownership
Holder% heldSharesValueReported
Allspring Special Small Cap Value Fund7.72%1,593,89425.37MOct 30, 2024
Tocqueville Fund2.42%500,0007.96MJul 30, 2024
Royce Small-Cap Opportunity Fund1.65%341,1605.43MSep 29, 2024
Vanguard Total Stock Market Index Fund1.54%318,5345.07MSep 29, 2024
iShares Russell 2000 ETF1.53%316,3445.04MOct 30, 2024
First Eagle Small Opportunity Fund1.26%259,9864.14MJul 30, 2024
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