Mayville Engineering Company, Inc. (NYSE:MEC – Free Report) – Equities researchers at William Blair issued their Q1 2025 EPS estimates for shares of Mayville Engineering in a research report issued on Thursday, March 6th. William Blair analyst R. Sparenblek expects 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 decreased their price objective on Mayville Engineering from $22.00 to $18.00 and set a “buy” rating for the company in a research report on Thursday.
Mayville Engineering Stock Up 0.8 %
NYSE:MEC opened at $14.33 on Monday. Mayville Engineering has a 1 year low of $12.47 and a 1 year high of $23.02. The stock has a 50-day moving average price of $15.39 and a two-hundred day moving average price of $17.50. The stock has a market cap of $295.81 million, a price-to-earnings ratio of 24.29 and a beta of 0.92. The company has a current ratio of 1.77, a quick ratio of 0.91 and a debt-to-equity ratio of 0.47.
Institutional Investors Weigh In On Mayville Engineering
Several institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its position in shares of Mayville Engineering by 13.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 704,659 shares of the company’s stock worth $11,077,000 after buying an additional 85,086 shares during the period. Royce & Associates LP boosted its position in Mayville Engineering by 4.2% during the 4th quarter. Royce & Associates LP now owns 584,297 shares of the company’s stock worth $9,185,000 after acquiring an additional 23,749 shares during the last quarter. Granahan Investment Management LLC grew its stake in shares of Mayville Engineering by 71.2% during the 4th quarter. Granahan Investment Management LLC now owns 578,967 shares of the company’s stock worth $9,101,000 after acquiring an additional 240,752 shares in the last quarter. Nokomis Capital L.L.C. raised its holdings 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 valued at $7,071,000 after purchasing an additional 328,223 shares during the last quarter. Finally, First Eagle Investment Management LLC lifted its position 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 in the last quarter. 45.44% of the stock is owned by institutional investors.
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.
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