Mayville Engineering (MEC) Expected to Announce Earnings on Tuesday

Mayville Engineering (NYSE:MECGet Free Report) is anticipated to post its Q1 2026 results after the market closes on Tuesday, May 5th. Analysts expect Mayville Engineering to post earnings of ($0.28) per share and revenue of $139.1780 million for the quarter. Individuals may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, May 6, 2026 at 10:00 AM ET.

Mayville Engineering (NYSE:MECGet Free Report) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.08. Mayville Engineering had a negative return on equity of 2.33% and a negative net margin of 1.48%.The company had revenue of $134.27 million during the quarter, compared to analysts’ expectations of $132.51 million. On average, analysts expect Mayville Engineering to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Mayville Engineering Price Performance

Shares of MEC opened at $22.23 on Monday. Mayville Engineering has a 12-month low of $12.10 and a 12-month high of $22.83. The business has a 50-day simple moving average of $19.56 and a two-hundred day simple moving average of $18.51. The company has a quick ratio of 0.92, a current ratio of 1.72 and a debt-to-equity ratio of 0.84. The stock has a market cap of $451.69 million, a PE ratio of -55.57 and a beta of 1.24.

Insider Buying and Selling at Mayville Engineering

In related news, insider Sean P. Leuba sold 6,698 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $18.81, for a total transaction of $125,989.38. Following the completion of the sale, the insider directly owned 11,841 shares of the company’s stock, valued at approximately $222,729.21. This trade represents a 36.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.60% of the stock is owned by corporate insiders.

Institutional Trading of Mayville Engineering

A number of institutional investors and hedge funds have recently modified their holdings of MEC. BNP Paribas Financial Markets increased its position in Mayville Engineering by 109.0% in the third quarter. BNP Paribas Financial Markets now owns 2,751 shares of the company’s stock worth $38,000 after buying an additional 1,435 shares during the last quarter. Picton Mahoney Asset Management purchased a new stake in Mayville Engineering in the fourth quarter worth $109,000. JPMorgan Chase & Co. increased its position in Mayville Engineering by 20.7% in the second quarter. JPMorgan Chase & Co. now owns 7,936 shares of the company’s stock worth $127,000 after buying an additional 1,359 shares during the last quarter. Deutsche Bank AG purchased a new stake in Mayville Engineering in the fourth quarter worth $154,000. Finally, Boothbay Fund Management LLC purchased a new stake in Mayville Engineering in the fourth quarter worth $228,000. 45.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on MEC. Northland Securities raised Mayville Engineering from a “market perform” rating to an “outperform” rating and increased their price target for the company from $20.00 to $25.00 in a research note on Thursday, March 5th. Citigroup increased their price target on Mayville Engineering from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Zacks Research raised Mayville Engineering from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th. Weiss Ratings cut Mayville Engineering from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, March 5th. Finally, DA Davidson raised their target price on Mayville Engineering from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $24.25.

Get Our Latest Analysis on MEC

About Mayville Engineering

(Get Free Report)

Mayville Engineering Company, Inc (NYSE:MEC) is a U.S.-based industrial manufacturer specializing in engineered metal castings and precision machining services. Headquartered in Mayville, Wisconsin, the company leverages over a century of casting experience to design, produce and finish complex metal components for a broad range of heavy-duty applications.

The company operates two principal business segments: iron castings and steel castings. Its iron segment utilizes green sand and lost-foam molding processes to produce gray and ductile iron components, while the steel segment employs electric-arc furnace technology to manufacture high-strength steel castings.

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Earnings History for Mayville Engineering (NYSE:MEC)

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