What is William Blair's Estimate for MEC FY2026 Earnings?

Mayville Engineering Company, Inc. (NYSE:MEC - Free Report) - Equities research analysts at William Blair increased their FY2026 earnings estimates for Mayville Engineering in a research note issued on Tuesday, April 1st. William Blair analyst R. Sparenblek now forecasts that the company will post earnings per share of $1.61 for the year, up from their previous estimate of $1.56. The consensus estimate for Mayville Engineering's current full-year earnings is $0.31 per share.

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

Mayville Engineering Trading Down 2.3 %

Shares of MEC stock traded down $0.28 on Thursday, hitting $12.07. 24,861 shares of the company's stock traded hands, compared to its average volume of 109,358. The stock has a market capitalization of $246.47 million, a price-to-earnings ratio of 20.46 and a beta of 0.89. The company's fifty day simple moving average is $14.67 and its 200 day simple moving average is $16.72. Mayville Engineering has a one year low of $12.03 and a one year high of $23.02. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 1.77.

Institutional Inflows and Outflows

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

About Mayville Engineering

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.