Q1 Earnings Estimate for MEC Issued By William Blair

Mayville Engineering Company, Inc. (NYSE:MEC - Free Report) - William Blair issued their Q1 2025 earnings per share estimates for shares of Mayville Engineering in a report issued on Thursday, March 6th. William Blair analyst R. Sparenblek forecasts that the company will post earnings of ($0.03) per share for the quarter. The consensus estimate for Mayville Engineering's current full-year earnings is $0.31 per share. William Blair also issued estimates for Mayville Engineering's Q2 2025 earnings at $0.01 EPS, Q3 2025 earnings at $0.20 EPS and Q4 2025 earnings at $0.29 EPS.

Separately, Citigroup dropped their price target on shares of Mayville Engineering from $22.00 to $18.00 and set a "buy" rating on the stock in a research note on Thursday, March 6th.

Mayville Engineering Stock Performance

MEC traded down $0.16 during trading on Monday, hitting $14.05. The stock had a trading volume of 75,756 shares, compared to its average volume of 94,048. The firm has a market capitalization of $290.05 million, a P/E ratio of 23.89 and a beta of 0.92. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 1.77. Mayville Engineering has a twelve month low of $12.47 and a twelve month high of $23.02. The company's 50-day moving average price is $15.32 and its 200 day moving average price is $17.42.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MEC. Dimensional Fund Advisors LP increased its holdings in shares of Mayville Engineering by 13.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 704,659 shares of the company's stock valued at $11,077,000 after purchasing an additional 85,086 shares in the last quarter. Royce & Associates LP grew its position in Mayville Engineering by 4.2% during the fourth quarter. Royce & Associates LP now owns 584,297 shares of the company's stock worth $9,185,000 after buying an additional 23,749 shares during the period. Granahan Investment Management LLC increased its holdings in Mayville Engineering by 71.2% in the fourth quarter. Granahan Investment Management LLC now owns 578,967 shares of the company's stock valued at $9,101,000 after buying an additional 240,752 shares in the last quarter. Nokomis Capital L.L.C. lifted its position in shares of Mayville Engineering by 270.0% during the 4th quarter. Nokomis Capital L.L.C. now owns 449,792 shares of the company's stock valued at $7,071,000 after acquiring an additional 328,223 shares during the period. Finally, First Eagle Investment Management LLC boosted its stake in shares of Mayville Engineering by 10.8% during the 4th quarter. First Eagle Investment Management LLC now owns 332,375 shares of the company's stock worth $5,225,000 after acquiring an additional 32,500 shares in the last quarter. Hedge funds and other institutional investors own 45.44% of the company's stock.

Remove Ads

Mayville Engineering Company Profile

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.