Mayville Engineering (MEC) Projected to Announce Quarterly Earnings on Tuesday

Mayville Engineering (NYSE:MECGet Free Report) is expected to be issuing its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect the company to post earnings of ($0.08) per share and revenue of $150.5910 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 10:00 AM ET.

Mayville Engineering (NYSE:MECGet Free Report) last announced its earnings results on Tuesday, May 5th. The company reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.13. Mayville Engineering had a negative net margin of 2.93% and a negative return on equity of 5.77%. The business had revenue of $144.78 million during the quarter, compared to the consensus estimate of $139.18 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 Stock Performance

Shares of MEC opened at $25.51 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.64 and a debt-to-equity ratio of 0.91. The stock has a market cap of $522.76 million, a P/E ratio of -31.89 and a beta of 1.22. The business’s 50 day moving average price is $32.18 and its 200-day moving average price is $24.57. Mayville Engineering has a 52 week low of $12.10 and a 52 week high of $38.76.

Wall Street Analyst Weigh In

MEC has been the subject of a number of recent research reports. Northland Securities set a $30.00 price objective on Mayville Engineering in a research note on Thursday, May 7th. Citigroup increased their target price on Mayville Engineering from $33.00 to $43.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Mayville Engineering in a report on Friday, July 10th. Finally, DA Davidson lifted their price target on Mayville Engineering from $32.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $33.25.

Get Our Latest Research Report on MEC

Insider Activity

In other news, SVP Craig D. Nichols sold 4,000 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $23.24, for a total transaction of $92,960.00. Following the sale, the senior vice president owned 146 shares in the company, valued at $3,393.04. This represents a 96.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jagadeesh A. Reddy sold 15,688 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $35.05, for a total transaction of $549,864.40. Following the sale, the chief executive officer directly owned 124,105 shares of the company’s stock, valued at $4,349,880.25. This trade represents a 11.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 80,726 shares of company stock worth $2,311,768 over the last 90 days. 5.60% of the stock is currently owned by insiders.

Institutional Trading of Mayville Engineering

A number of institutional investors and hedge funds have recently modified their holdings of MEC. Ameriprise Financial Inc. lifted its holdings in shares of Mayville Engineering by 894.2% during the third quarter. Ameriprise Financial Inc. now owns 394,161 shares of the company’s stock valued at $5,424,000 after purchasing an additional 354,514 shares in the last quarter. Blair William & Co. IL boosted its position in shares of Mayville Engineering by 54.8% during the fourth quarter. Blair William & Co. IL now owns 583,759 shares of the company’s stock valued at $10,928,000 after buying an additional 206,549 shares during the last quarter. Boston Partners bought a new stake in Mayville Engineering in the 3rd quarter worth about $2,727,000. Millennium Management LLC bought a new stake in Mayville Engineering in the 4th quarter worth about $2,868,000. Finally, Kennedy Capital Management LLC bought a new stake in Mayville Engineering in the 4th quarter worth about $1,953,000. Institutional investors own 45.44% of the company’s stock.

Mayville Engineering Company Profile

(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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