Q1 Earnings Forecast for MEC Issued By William Blair

Mayville Engineering Company, Inc. (NYSE:MEC) – Research analysts at William Blair issued their Q1 2025 earnings per share estimates for shares of Mayville Engineering in a research note issued on Thursday, March 6th. William Blair analyst R. Sparenblek forecasts that the company will earn ($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 target price on shares of Mayville Engineering from $22.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday.

Mayville Engineering Stock Performance

NYSE MEC opened at $14.33 on Monday. The firm’s fifty day moving average price is $15.39 and its two-hundred day moving average price is $17.50. Mayville Engineering has a 1 year low of $12.47 and a 1 year high of $23.02. The firm has a market capitalization of $295.81 million, a P/E 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 Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Jacobs Levy Equity Management Inc. increased its holdings in shares of Mayville Engineering by 91.3% in the third quarter. Jacobs Levy Equity Management Inc. now owns 122,055 shares of the company’s stock valued at $2,573,000 after purchasing an additional 58,242 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Mayville Engineering by 5.4% during the 3rd quarter. Geode Capital Management LLC now owns 277,679 shares of the company’s stock worth $5,855,000 after buying an additional 14,118 shares during the period. Principal Financial Group Inc. grew its stake in Mayville Engineering by 10.8% in the 4th quarter. Principal Financial Group Inc. now owns 14,529 shares of the company’s stock valued at $228,000 after buying an additional 1,417 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Mayville Engineering by 1,061.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 29,688 shares of the company’s stock valued at $626,000 after acquiring an additional 27,132 shares during the period. Finally, US Bancorp DE bought a new position in Mayville Engineering in the 3rd quarter valued at about $60,000. 45.44% of the stock is owned by institutional investors and hedge funds.

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.