Industrials -
Manufacturing - Metal Fabrication - NYSE - US
$ 16.165
0.529 %
$ 334 M
Market Cap
27.4
P/E
1. INTRINSIC VALUE
Balance Sheet
Mayville Engineering Company, Inc.
| Current Assets | 135 M |
| Cash & Short-Term Investments | 672 K |
| Receivables | 57.4 M |
| Other Current Assets | 76.5 M |
| Non-Current Assets | 362 M |
| Long-Term Investments | 0 |
| PP&E | 208 M |
| Other Non-Current Assets | 154 M |
| Current Liabilities | 71.7 M |
| Accounts Payable | 46.5 M |
| Short-Term Debt | 5.87 M |
| Other Current Liabilities | 19.3 M |
| Non-Current Liabilities | 195 M |
| Long-Term Debt | 177 M |
| Other Non-Current Liabilities | 18.4 M |
EFFICIENCY
Earnings Waterfall
Mayville Engineering Company, Inc.
| Revenue | 588 M |
| Cost Of Revenue | 519 M |
| Gross Profit | 69.7 M |
| Operating Expenses | 49.5 M |
| Operating Income | 20.2 M |
| Other Expenses | 12.3 M |
| Net Income | 7.84 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Mayville Engineering Company, Inc.
| Net Income | 7.84 M |
| Depreciation & Amortization | 35.1 M |
| Capital Expenditures | -16.6 M |
| Stock-Based Compensation | 4.48 M |
| Change in Working Capital | 5.24 M |
| Others | -21.4 M |
| Free Cash Flow | 23.8 M |
Wall Street Analysts Price Targets
Mayville Engineering Company, Inc.
Wall Street analysts predict an average 1-year price target for MEC of $24 , with forecasts ranging from
a
low of
$24 to a high of $24 .
MEC Lowest Price Target
Wall Street Target
24 USD
48.47%
MEC Average Price Target
Wall Street Target
24 USD
48.47%
MEC Highest Price Target
Wall Street Target
24 USD
48.47%
4. DIVIDEND
ANALYSIS
MEC does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Mayville Engineering Company, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
412 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
159 K USD 4
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
20 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 months ago
Nov 07, 2024
|
Bought
20.1 K USD
|
Butz Todd M
Chief Financial Officer
|
+ 1272
|
15.7853 USD |
|
2 months ago
Nov 07, 2024
|
Bought
23.8 K USD
|
Lehr Rachele Marie
Chief Human Resources Officer
|
+ 1500
|
15.9 USD |
|
2 months ago
Nov 07, 2024
|
Bought
16.1 K USD
|
Leuba Sean P
SVP, Corp. Development & GC
|
+ 1000
|
16.125 USD |
|
2 months ago
Nov 07, 2024
|
Bought
98.7 K USD
|
Reddy Jagadeesh A
President & CEO
|
+ 5903
|
16.72 USD |
|
5 months ago
Aug 23, 2024
|
Sell 412 K
USD
|
Raber Ryan F
EVP - Strategy, Sales & Mktg
|
- 21508
|
19.15 USD |
|
10 months ago
Mar 15, 2024
|
Bought
20 K USD
|
Reddy Jagadeesh A
President & CEO
|
+ 1560
|
12.85 USD |
|
1 year ago
Nov 17, 2023
|
Bought
38.2 K USD
|
Fisher Steven L
Director
|
+ 3000
|
12.75 USD |
|
1 year ago
Nov 03, 2023
|
Bought
62.2 K USD
|
Fisher Steven L
Director
|
+ 5000
|
12.45 USD |
|
2 years ago
Nov 04, 2022
|
Bought
15.8 K USD
|
Reddy Jagadeesh A
President & CEO
|
+ 1600
|
9.8873 USD |
|
2 years ago
Nov 04, 2022
|
Bought
114 K USD
|
Reddy Jagadeesh A
President & CEO
|
+ 12017
|
9.5088 USD |
|
2 years ago
Nov 03, 2022
|
Bought
117 K USD
|
Reddy Jagadeesh A
President & CEO
|
+ 13454
|
8.6934 USD |
|
2 years ago
Nov 04, 2022
|
Bought
15.8 K USD
|
Reddy Jagadeesh A
President & CEO
|
+ 1600
|
9.8873 USD |
|
2 years ago
Nov 04, 2022
|
Bought
114 K USD
|
Reddy Jagadeesh A
President & CEO
|
+ 12017
|
9.5088 USD |
|
2 years ago
Nov 03, 2022
|
Bought
117 K USD
|
Reddy Jagadeesh A
President & CEO
|
+ 13454
|
8.6934 USD |
|
2 years ago
Aug 10, 2022
|
Bought
14.5 K USD
|
Butz Todd M
Chief Financial Officer
|
+ 2000
|
7.2496 USD |
|
2 years ago
Mar 04, 2022
|
Bought
19.6 K USD
|
Christen Timothy L
director:
|
+ 2000
|
9.8 USD |
|
3 years ago
Nov 04, 2021
|
Bought
170 K USD
|
Michels Patrick D
Director
|
+ 10000
|
17.05 USD |
|
3 years ago
May 06, 2021
|
Bought
163 K USD
|
Kamphuis Robert D
Chairman, Pres. & CEO
|
+ 10000
|
16.3158 USD |
|
4 years ago
Sep 11, 2020
|
Sell 36.8 K
USD
|
Johnson Craig E
Director
|
- 4000
|
9.2001 USD |
|
4 years ago
Sep 14, 2020
|
Sell 34.5 K
USD
|
Johnson Craig E
Director
|
- 3768
|
9.1502 USD |
|
4 years ago
Sep 14, 2020
|
Sell 1.86 K
USD
|
Johnson Craig E
Director
|
- 200
|
9.3249 USD |
|
4 years ago
Sep 15, 2020
|
Sell 16.4 K
USD
|
Johnson Craig E
Director
|
- 1800
|
9.0861 USD |
|
4 years ago
Sep 15, 2020
|
Sell 2.17 K
USD
|
Johnson Craig E
Director
|
- 232
|
9.3694 USD |
|
4 years ago
Mar 16, 2020
|
Sell 65.9 K
USD
|
Welak Eric J
EVP - Fabrication
|
- 11866.967
|
5.5517 USD |
|
4 years ago
Mar 16, 2020
|
Sell 65.9 K
USD
|
Welak Eric J
EVP - Fabrication
|
- 11866.967
|
5.5517 USD |
|
4 years ago
Mar 12, 2020
|
Bought
165 K USD
|
Kamphuis Robert D
Chairman, Pres. & CEO
|
+ 30000
|
5.5 USD |
|
4 years ago
Mar 13, 2020
|
Bought
10.6 K USD
|
St. Peter John A
Director
|
+ 2000
|
5.2756 USD |
|
4 years ago
Mar 12, 2020
|
Bought
115 K USD
|
Christen Timothy L
Director
|
+ 25000
|
4.582 USD |
|
4 years ago
Mar 11, 2020
|
Bought
60.2 K USD
|
Johnson Craig E
Director
|
+ 10000
|
6.0198 USD |
|
4 years ago
Mar 12, 2020
|
Bought
21.1 K USD
|
Butz Todd M
Chief Financial Officer
|
+ 5000
|
4.2261 USD |
|
4 years ago
Mar 10, 2020
|
Bought
63.1 K USD
|
Christen Timothy L
Director
|
+ 10000
|
6.3097 USD |
|
4 years ago
Mar 02, 2020
|
Bought
59.2 K USD
|
Christen Timothy L
Director
|
+ 8000
|
7.3979 USD |
|
4 years ago
Mar 02, 2020
|
Bought
37.3 K USD
|
CARLSON ALLEN J
Director
|
+ 5000
|
7.469 USD |
|
5 years ago
Nov 04, 2019
|
Bought
103 K USD
|
Rothman Jay O.
Director
|
+ 10000
|
10.325 USD |
|
5 years ago
Oct 31, 2019
|
Bought
21.2 K USD
|
Raber Ryan F
EVP - Sales & Marketing
|
+ 2500
|
8.5 USD |
|
5 years ago
Oct 30, 2019
|
Bought
176 K USD
|
Kamphuis Robert D
Chairman, Pres. & CEO
|
+ 20000
|
8.79 USD |
|
5 years ago
Oct 30, 2019
|
Bought
87.5 K USD
|
Butz Todd M
Chief Financial Officer
|
+ 10000
|
8.7531 USD |
|
5 years ago
Oct 30, 2019
|
Bought
112 K USD
|
Christen Timothy L
Director
|
+ 12500
|
8.9438 USD |
|
5 years ago
Aug 13, 2019
|
Bought
90.1 K USD
|
Fisher Steven L
Director
|
+ 7500
|
12.0174 USD |
|
5 years ago
Aug 08, 2019
|
Bought
181 K USD
|
Kamphuis Robert D
Chairman, Pres. & CEO
|
+ 15000
|
12.0898 USD |
|
5 years ago
Jun 13, 2019
|
Bought
5.04 K USD
|
Sanderson Clifford O
Vice President - HR
|
+ 350
|
14.41 USD |
|
5 years ago
Jun 13, 2019
|
Bought
21.4 K USD
|
Sanderson Clifford O
Vice President - HR
|
+ 1500
|
14.25 USD |
|
5 years ago
May 13, 2019
|
Bought
2.55 K USD
|
Sanderson Clifford O
Vice President - HR
|
+ 150
|
17 USD |
|
5 years ago
Jun 12, 2019
|
Bought
96.9 K USD
|
Christen Timothy L
Director
|
+ 7500
|
12.92 USD |
|
5 years ago
Jun 12, 2019
|
Bought
58.3 K USD
|
Butz Todd M
Chief Financial Officer
|
+ 4421
|
13.1882 USD |
|
5 years ago
Jun 12, 2019
|
Bought
5.87 K USD
|
Butz Todd M
Chief Financial Officer
|
+ 453
|
12.95 USD |
|
5 years ago
Jun 12, 2019
|
Bought
7.55 K USD
|
Butz Todd M
Chief Financial Officer
|
+ 600
|
12.5891 USD |
|
5 years ago
Jun 13, 2019
|
Bought
34.8 K USD
|
Kamphuis Robert D
Chairman, Pres. & CEO
|
+ 2397
|
14.5259 USD |
|
5 years ago
Jun 12, 2019
|
Bought
413 K USD
|
Kamphuis Robert D
Chairman, Pres. & CEO
|
+ 32063
|
12.8909 USD |
|
5 years ago
May 13, 2019
|
Bought
8.5 K USD
|
St. Peter John A
Director
|
+ 500
|
17 USD |
|
5 years ago
May 13, 2019
|
Bought
85 K USD
|
Rothman Jay O.
Director
|
+ 5000
|
17 USD |
|
5 years ago
May 13, 2019
|
Bought
425 K USD
|
Michels Patrick D
Director
|
+ 25000
|
17 USD |
|
5 years ago
May 13, 2019
|
Bought
85 K USD
|
Christen Timothy L
Director
|
+ 5000
|
17 USD |
|
5 years ago
May 13, 2019
|
Bought
85 K USD
|
CARLSON ALLEN J
Director
|
+ 5000
|
17 USD |
7. News
End-Use Applications Rising for Uranium as Market Expected to Reach $1.81 Billion in 2028
PALM BEACH, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The uranium ore market is expected to continue substantial growth over the next several years. A report from the Business Research Company said: “The uranium ore market size has grown strongly in recent years. It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. It continued: “The uranium ore market size is expected to see strongly grown in the next few years. It will grow to $1.81 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to government policies and incentives, focus on carbon emission reduction, geopolitical stability, exploration and discovery of new uranium deposits, public perception and social acceptance. Major trends in the forecast period include advancements in nuclear technology, development of in-situ recovery (ISR) technology, focus on uranium enrichment technologies, increased scrutiny on environmental and social impact, and diversification of uranium end-use applications. The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment.” Active mining/energy companies in the markets this week include: Mustang Energy Corp. (OTCQB: MECPF) (CSE: MEC), Denison Mines Corp. (NYSE American: DNN) (TSX: DML), Uranium Energy Corp (NYSE American: UEC), ATHA Energy Corp. (OTCQB: SASKF) (CSE: SASK), Centrus Energy Corp. (NYSE American: LEU).
globenewswire.com
- 2 months ago
Mayville Engineering Company, Inc. (MEC) Q3 2024 Earnings Call Transcript
Mayville Engineering Company, Inc. (NYSE:MEC ) Q3 2024 Results Conference Call November 6, 2024 10:00 AM ET Company Participants Stefan Neely - Vallum Advisors, IR Jag Reddy - President and CEO Todd Butz - Chief Financial Officer Conference Call Participants Mig Dobre - Baird Ted Jackson - Northland Securities Natalia Bak - Citi Operator Good morning. Thank you for attending the Mayville Engineering Company Third Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 2 months ago
Mayville Engineering (MEC) Q3 Earnings and Revenues Lag Estimates
Mayville Engineering (MEC) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.21 per share a year ago.
zacks.com
- 2 months ago
Mayville Engineering Company Announces Third Quarter 2024 Results
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three-months ended September 30, 2024. THIRD QUARTER 2024 RESULTS (All comparisons versus the prior-year period) Net sales of $135.4 million, a decrease of 14.4% Net income of $3.0 million, or $0.14 per diluted share, an increase of $1.6 million, or $0.07 per d.
businesswire.com
- 2 months ago
Mayville Engineering (MEC) Surges 6.0%: Is This an Indication of Further Gains?
Mayville Engineering (MEC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
zacks.com
- 4 months ago
Mayville Engineering Company to Attend D.A. Davidson 23rd Annual Diversified Industrials and Services Conference
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading Tier I value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that President and Chief Executive Officer Jag Reddy and Chief Financial Officer Todd Butz will participate in the D.A. Davidson 23rd Annual Diversified Industrials and Services Conference on September 18 - 20, 2024 in Nashville, Tennessee. In conjunction with the confe.
businesswire.com
- 4 months ago
After Surging, Mayville Engineering Company Deserves More Upside
Mayville Engineering Company has done incredibly well over the past few months, significantly outperforming the S&P 500. Revenue and profitability metrics have significantly improved, with net income nearly doubling and operating cash flow turning positive. Management forecasts strong growth, with revenue expected to reach $750-850 million by 2026, justifying a 'strong buy' rating.
seekingalpha.com
- 5 months ago
Mayville Engineering Company Announces Second Quarter 2024 Results
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three-months ended June 30, 2024. SECOND QUARTER 2024 RESULTS (All comparisons versus the prior-year period) Net sales of $163.6 million, or +17.7%, including organic growth of 6.9% Net income of $3.8 million, or $0.18 per diluted share, an increase of $2.2 mil.
businesswire.com
- 5 months ago
Mayville Engineering (MEC) Soars 5.3%: Is Further Upside Left in the Stock?
Mayville Engineering (MEC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
zacks.com
- 6 months ago
Should Value Investors Buy Mayville Engineering (MEC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 7 months ago
Mayville Engineering Company Named #1 Fabricator in U.S. For 14th Consecutive Year
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, has been named as the nation's largest fabricator by the Fabricator Magazine for the fourteenth consecutive year. “We are honored to be named the #1 domestic fabricator for the fourteenth consecutive year,” said Jag Reddy, President & CEO. “This recognition reflects our continued focus on.
businesswire.com
- 7 months ago
Small-Cap Sensations: 3 Overlooked Stocks With Gigantic Potential
Some believe that the Street always values companies more or less correctly and is never completely wrong about companies' outlooks. But history shows this concept is completely incorrect.
investorplace.com
- 7 months ago
8. Profile
Summary
Mayville Engineering Company, Inc. MEC
COUNTRY
US
INDUSTRY
Manufacturing - Metal Fabrication
MARKET CAP
$ 334 M
Dividend Yield
0.00%
Description
Mayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction and access equipment, powersports, agriculture, military, and other end markets in the United States. The company provides a range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. It also supplies engineered components to original equipment manufacturers. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.
Contact
715 South Street, Mayville, WI, 53050
https://www.mecinc.com
IPO
Date
May 9, 2019
Employees
2500
Officers
Mr. Sean P. Leuba
Senior Vice President of Corporate Development & General Counsel
Mr. Todd M. Butz CPA
Chief Financial Officer, Secretary & Treasurer
Mr. Ryan F. Raber
Executive Vice President of Strategy, Sales & Marketing
Ms. Rachele Marie Lehr
Chief Human Resources Officer
Mr. Jagadeesh A. Reddy
President, Chief Executive Officer & Director