William Blair Brokers Increase Earnings Estimates for MEC

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

Separately, Citigroup reduced 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, March 6th.

Mayville Engineering Price Performance

MEC stock opened at $13.70 on Thursday. The stock has a 50-day moving average price of $14.89 and a two-hundred day moving average price of $16.89. Mayville Engineering has a 1 year low of $12.75 and a 1 year high of $23.02. The stock has a market cap of $279.75 million, a PE ratio of 23.22 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

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

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.