Equities Analysts Set Expectations for MEC FY2026 Earnings

Mayville Engineering Company, Inc. (NYSE:MEC) – Research analysts at William Blair boosted their FY2026 earnings per share estimates for Mayville Engineering in a report issued on Tuesday, April 1st. William Blair analyst R. Sparenblek now anticipates that the company will post earnings per share of $1.61 for the year, up from their prior estimate of $1.56. The consensus estimate for Mayville Engineering’s current full-year earnings is $0.31 per share.

Separately, Citigroup dropped their price objective on shares of Mayville Engineering from $22.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, March 6th.

Mayville Engineering Stock Down 0.4 %

Mayville Engineering stock opened at $13.70 on Thursday. The stock has a market cap of $279.75 million, a P/E ratio of 23.22 and a beta of 0.92. The company’s 50-day moving average price is $14.89 and its two-hundred day moving average price is $16.89. The company has a quick ratio of 0.91, a current ratio of 1.77 and a debt-to-equity ratio of 0.47. Mayville Engineering has a twelve month low of $12.75 and a twelve month high of $23.02.

Hedge Funds Weigh In On Mayville Engineering

A number of institutional investors have recently added to or reduced their stakes in MEC. AlphaQuest LLC bought a new stake in shares of Mayville Engineering during the fourth quarter worth $38,000. R Squared Ltd bought a new position in shares of Mayville Engineering in the 4th quarter valued at $40,000. Aquatic Capital Management LLC acquired a new stake in shares of Mayville Engineering during the 4th quarter valued at $44,000. Quantbot Technologies LP bought a new stake in Mayville Engineering during the 3rd quarter worth $70,000. Finally, Point72 Asset Management L.P. acquired a new position in Mayville Engineering in the 3rd quarter worth about $95,000. 45.44% of the stock is currently owned by institutional investors and hedge funds.

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.