Mayville Engineering (MEC) to Release Quarterly Earnings on Tuesday

Mayville Engineering (NYSE:MEC) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $134.52 million for the quarter.

Mayville Engineering Trading Down 0.8 %

Shares of MEC stock traded down $0.10 during trading hours on Tuesday, reaching $12.11. The company had a trading volume of 698 shares, compared to its average volume of 111,451. The firm has a market cap of $247.18 million, a price-to-earnings ratio of 20.52 and a beta of 0.89. Mayville Engineering has a 1-year low of $11.72 and a 1-year high of $23.02. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.77 and a quick ratio of 0.91. The company has a 50 day moving average of $13.54 and a 200 day moving average of $15.80.

Analysts Set New Price Targets

Separately, Citigroup cut their price target on Mayville Engineering from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Monday, April 14th.

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.