Mayville Engineering Company/MEC

$15.26

-1.36%
-
1D1W1MYTD1YMAX

About Mayville Engineering Company

Mayville Engineering Company, Inc. is a vertically integrated, value-added manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly and aftermarket components. Its customers operate in diverse end markets, such as heavy-and medium-duty commercial vehicles, construction and access equipment, powersports, agriculture, military and other end markets. Its capabilities include metal fabrication, metal stamping, aluminum extrusion and fabrication, tube bending and forming, robotic part forming, robotic welding, resistance welding, five-axis tube and fiber laser cutting and custom coatings, including high heat and chemical agent resistant coating painting, are used in a variety of applications. It serves its customers through 23 strategically located United States facilities, across seven states, with over three million square feet of manufacturing capacity.

Ticker

MEC

Sector

Consumer Cyclicals

Trading on

NYSE

Industry

Auto & Truck Parts

CEO

Jagadeesh Reddy

Employees

2,500

Headquarters

Mayville, United States

MEC Metrics

BasicAdvanced
$328M
Market cap
38.95
P/E ratio
$0.41
EPS
0.86
Beta
-
Dividend rate
$328M
0.86224
$16.54
$9.72
65K
1.838
1.003
59.741
59.741
16.695
2.19%
1.8%
3.72%
2.2%
38.952
0.54
1.397
3.884
8.187
11.22%
-51.58%
18.06%

What the Analysts think about MEC

Analyst Ratings

Majority rating from 5 analysts.
Buy

Price Targets

Average projection from 4 analysts.
27.79% upside
High $24.00
Low $15.00
$15.26
Current price
$19.50
Average price target

MEC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
1.98% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$161M
8.55%
Net income
$3.2M
45.45%
Profit margin
1.98%
33.78%

MEC Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 8.75%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.08
$0.07
$0.11
$0.16
-
Expected
$0.16
$0.22
$0.13
$0.18
$0.19
Surprise
-49.11%
-67.56%
-17.42%
-8.75%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Mayville Engineering Company stock?

Mayville Engineering Company (MEC) has a market cap of $318M as of May 18, 2024.

What is the P/E ratio for Mayville Engineering Company stock?

The price to earnings (P/E) ratio for Mayville Engineering Company (MEC) stock is 37.71 as of May 18, 2024.

Does Mayville Engineering Company stock pay dividends?

No, Mayville Engineering Company (MEC) stock does not pay dividends to its shareholders as of May 18, 2024.

When is the next Mayville Engineering Company dividend payment date?

Mayville Engineering Company (MEC) stock does not pay dividends to its shareholders.

What is the beta indicator for Mayville Engineering Company?

Mayville Engineering Company (MEC) has a beta rating of 0.85. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Mayville Engineering Company stock price target?

The target price for Mayville Engineering Company (MEC) stock is $19.5, which is 25.81% above the current price of $15.5. This is an average based on projections from 4 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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