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Mayville Engineering - MEC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $24.00
  • Forecasted Upside: 25.98%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
$19.05 As of 07/26/2024 01:00 AM ET
▼ -0.02 (-0.10%)

This chart shows the closing price for MEC by one month, three months, or twelve months.

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Analyst Price Target for MEC

Analyst Price Target is $24.00
▲ +25.98% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Mayville Engineering in the last 3 months. The average price target is $24.00, with a high forecast of $30.00 and a low forecast of $18.00. The average price target represents a 25.98% upside from the last price of $19.05.

This chart shows the closing price for MEC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 3 polled investment analysts is to buy stock in Mayville Engineering. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/2/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/3/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/1/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/28/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/27/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/26/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/26/2024

Latest Recommendations

  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/14/2024Northland SecuritiesBoost TargetOutperform ➝ Outperform$20.00 ➝ $30.00Low
5/8/2024William BlairUpgradeStrong-BuyLow
4/8/2024CitigroupBoost TargetBuy ➝ Buy$17.00 ➝ $18.00Low
6/9/2023Robert W. BairdDowngradeOutperform ➝ Neutral$14.00Low
5/17/2023Northland SecuritiesInitiated CoverageOutperform$20.00Low
5/3/2023Robert W. BairdLower Target$16.00 ➝ $14.00Low
3/1/2023William BlairReiterated RatingOutperformLow
3/1/2023Robert W. BairdLower Target$19.00 ➝ $18.00Low
1/24/2023Robert W. BairdBoost Target$15.00 ➝ $19.00Low
12/9/2022CitigroupBoost TargetBuy$12.00 ➝ $18.00Low
11/3/2022Robert W. BairdUpgradeNeutral ➝ Outperform$7.00 ➝ $15.00Low
10/10/2022CitigroupLower Target$13.00 ➝ $12.00Low
1/21/2022Robert W. BairdDowngradeOutperform ➝ Neutral$13.00High
2/4/2021Robert W. BairdBoost TargetOutperform$14.00 ➝ $20.00Medium
11/4/2020Smith Barney CitigroupBoost Target$10.00 ➝ $13.00Medium
8/21/2020UBS GroupUpgradeNeutral ➝ BuyLow
8/6/2020CitigroupBoost TargetBuy$9.00 ➝ $10.00High
4/1/2020CitigroupLower TargetBuy$9.00 ➝ $8.00Medium
(Data available from 7/26/2019 forward)

News Sentiment Rating

0.88 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/29/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/28/2024
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/27/2024
  • 4 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
3/28/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/27/2024
  • 4 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/27/2024
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/26/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/26/2024

Current Sentiment

  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Mayville Engineering logo
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. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.
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Today's Range

Now: $19.05
Low: $18.88
High: $19.37

50 Day Range

MA: $16.69
Low: $15.34
High: $19.03

52 Week Range

Now: $19.05
Low: $9.72
High: $19.50

Volume

149,707 shs

Average Volume

77,559 shs

Market Capitalization

$391.10 million

P/E Ratio

45.36

Dividend Yield

N/A

Beta

0.94

Frequently Asked Questions

What sell-side analysts currently cover shares of Mayville Engineering?

The following Wall Street sell-side analysts have issued research reports on Mayville Engineering in the last year: Citigroup Inc., Northland Securities, and William Blair.
View the latest analyst ratings for MEC.

What is the current price target for Mayville Engineering?

2 Wall Street analysts have set twelve-month price targets for Mayville Engineering in the last year. Their average twelve-month price target is $24.00, suggesting a possible upside of 26.0%. Northland Securities has the highest price target set, predicting MEC will reach $30.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $18.00 for Mayville Engineering in the next year.
View the latest price targets for MEC.

What is the current consensus analyst rating for Mayville Engineering?

Mayville Engineering currently has 2 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MEC will outperform the market and that investors should add to their positions of Mayville Engineering.
View the latest ratings for MEC.

What other companies compete with Mayville Engineering?

Other companies that are similar to Mayville Engineering include TriMas, Park-Ohio, Materion, VSE and JELD-WEN. Learn More about companies similar to Mayville Engineering.

How do I contact Mayville Engineering's investor relations team?

Mayville Engineering's physical mailing address is 715 SOUTH STREET, MAYVILLE WI, 53050. The company's listed phone number is (920) 387-4500 and its investor relations email address is [email protected]. The official website for Mayville Engineering is www.mecinc.com. Learn More about contacing Mayville Engineering investor relations.