Mayville Engineering Company Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 30/71 in the Automobiles & Auto Parts industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 21.50.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Mayville Engineering Company Inc's Score
Industry at a Glance
Industry Ranking
30 / 71
Overall Ranking
178 / 4578
Industry
Automobiles & Auto Parts
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
21.500
Target Price
+25.58%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Mayville Engineering Company Inc Highlights
StrengthsRisks
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, including heavy- and medium-duty commercial vehicles, construction & 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 25 strategically located United States facilities, across seven states with over 3.2 million square feet of manufacturing capacity.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 581.60M.
Fairly Valued
The company’s latest PE is 31.08, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 13.14M shares, decreasing 7.00% quarter-over-quarter.
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, including heavy- and medium-duty commercial vehicles, construction & 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 25 strategically located United States facilities, across seven states with over 3.2 million square feet of manufacturing capacity.
Ticker SymbolMEC
CompanyMayville Engineering Company Inc
CEOReddy (Jagadeesh A)
Websitehttps://www.mecinc.com/
FAQs
What is the current price of Mayville Engineering Company Inc (MEC)?
The current price of Mayville Engineering Company Inc (MEC) is 18.725.
What is the symbol of Mayville Engineering Company Inc?
The ticker symbol of Mayville Engineering Company Inc is MEC.
What is the 52-week high of Mayville Engineering Company Inc?
The 52-week high of Mayville Engineering Company Inc is 19.250.
What is the 52-week low of Mayville Engineering Company Inc?
The 52-week low of Mayville Engineering Company Inc is 11.721.
What is the market capitalization of Mayville Engineering Company Inc?
The market capitalization of Mayville Engineering Company Inc is 380.46M.
What is the net income of Mayville Engineering Company Inc?
The net income of Mayville Engineering Company Inc is 25.97M.
Is Mayville Engineering Company Inc (MEC) currently rated as Buy, Hold, or Sell?
According to analysts, Mayville Engineering Company Inc (MEC) has an overall rating of Buy, with a price target of 21.500.
What is the Earnings Per Share (EPS TTM) of Mayville Engineering Company Inc (MEC)?
The Earnings Per Share (EPS TTM) of Mayville Engineering Company Inc (MEC) is 0.594.