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MEC Stock Chart & Stats
$21.02
-$0.34(-2.20%)
At close: 4:00 PM EST
$21.02
-$0.34(-2.20%)
Day’s Range― - ―
52-Week Range$12.10 - $38.76
Previous CloseN/A
Volume46.28K
Average Volume (3M)209.75K
Market Cap
$830.34M
Enterprise Value$708.47M
Total Cash (Recent Filing)$2.07M
Total Debt (Recent Filing)$23.79M
Price to Earnings (P/E)―
Beta0.67
Next Earnings
Aug 04, 2026EPS Estimate
-0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.79
Shares Outstanding25,494,005
10 Day Avg. Volume208,508
30 Day Avg. Volume209,749
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)1.59
Price to Sales (P/S)0.70
P/FCF Ratio14.24
Enterprise Value/Market Cap0.85
Enterprise Value/Revenue1.27
Enterprise Value/Gross Profit15.30
Enterprise Value/Ebitda31.93
Forecast
1Y Price Target
$31.00Price Target Upside47.48% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.09
Revenue Forecast (FY)$603.02M
Bulls Say, Bears Say
Bulls Say
Vertically Integrated ManufacturingMEC's end-to-end capabilities from prototyping through high-volume fabrication, welding, finishing and assembly create durable competitive advantages: customers can consolidate suppliers, MEC captures higher value-add per part, and scale benefits improve long-term cost structure and switching costs across diverse industrial end markets.
Positive Free Cash Flow GenerationDespite reported losses, the business produced positive TTM operating cash flow and free cash flow, which provides durable internal funding for selective capex, working capital and deleveraging. Positive FCF supports execution of growth investments and reduces reliance on external financing over the medium term.
Data‑center & AccuFab Growth PipelineThe company is capitalizing on a structural secular trend: rapid data‑center and critical power demand plus AccuFab cross‑selling (~$50–60M incremental) diversifies revenue toward higher growth, higher value programs. This pipeline and program launches should underpin revenue and margin improvement as capacity ramps over months.
Bears Say
Profitability DeteriorationRevenue surged but margins collapsed, indicating the company struggles to convert sales into earnings. Persistent margin pressure from launch costs, lower legacy volumes and mix shifts can suppress returns and ROE for multiple quarters, limiting internal reinvestment and prolonging reliance on external funding until efficiencies are restored.
Elevated Leverage After AcquisitionNet debt rose materially to $219.2M with covenant net leverage at ~4.4x versus a 2.5x target, raising interest expense and refinancing risk. Higher leverage constrains strategic flexibility, magnifies execution risk during operational ramping, and makes deleveraging execution critical over the next several quarters.
Underlying Organic Demand WeaknessExcluding the AccuFab acquisition, organic sales fell ~8% and legacy commercial vehicle volumes are in a cycle low (-24%), showing structural softness in core markets. Reliance on acquisition-driven growth masks underlying demand weakness, which can pressure utilization, margins and the pace of profitable scale-up absent durable new program wins.
Mayville Engineering Company News
MEC FAQ
What was Mayville Engineering Company’s price range in the past 12 months?
Mayville Engineering Company lowest stock price was $12.10 and its highest was $38.76 in the past 12 months.
What is Mayville Engineering Company’s market cap?
Mayville Engineering Company’s market cap is $830.34M.
When is Mayville Engineering Company’s upcoming earnings report date?
Mayville Engineering Company’s upcoming earnings report date is Aug 04, 2026 which is in 26 days.
How were Mayville Engineering Company’s earnings last quarter?
Mayville Engineering Company released its earnings results on May 05, 2026. The company reported -$0.15 earnings per share for the quarter, beating the consensus estimate of -$0.236 by $0.086.
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 -0.09.
How many shares outstanding does Mayville Engineering Company have?
Mayville Engineering Company has 25,494,005 shares outstanding.
What happened to Mayville Engineering Company’s price movement after its last earnings report?
Mayville Engineering Company reported an EPS of -$0.15 in its last earnings report, beating expectations of -$0.236. Following the earnings report the stock price went up 2.637%.
Which hedge fund is a major shareholder of Mayville Engineering Company?
Currently, no hedge funds are holding shares in MEC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mayville Engineering Company Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$31.00 (47.48% Upside)
$31.00 (47.48% Upside)
Blogger Sentiment
Bullish
MEC Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 172.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $613.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.34%
12-Months-Change
Fundamentals
Return on Equity
-6.76%
Trailing 12-Months
Asset Growth
29.12%
Trailing 12-Months
Company Description
Mayville Engineering Company
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 supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, data center and critical power, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.
MEC Company Deck
MEC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a cautiously optimistic outlook: strong and accelerating demand, bookings, and cross‑selling momentum in the data center and critical power end market (organic growth ~71% YoY, pipeline >$125M, ~$50–$60M of 2026 launches) underpin confidence in revenue growth and improved margins over the remainder of 2026. However, near‑term profitability and cash flow are under pressure from launch costs (~$1.2M), lower legacy volumes (organic sales down ~8.2%), and a substantial increase in net debt (to $219.2M) and leverage (4.4x), which management plans to address through operational execution, selective capital investment, and deleveraging. The positives around secular data center opportunity and raised guidance moderately outweigh the near‑term margin, cash flow, and leverage challenges, but improvements are expected to be second‑half weighted.View all MEC earnings summariesMEC Stock 12 Month Forecast
Average Price Target
$31.00
▲(47.48% Upside)
Technical Analysis
Ownership Overview
2.40% Insiders
18.26% Mutual Funds
0.03% Other Institutional Investors
71.14% Public Companies and
Individual Investors