Mayville Engineering Co Inc (MEC) Stock Forecast & Price Target
Mayville Engineering Co Inc · NYSE
$29.41-0.88 (-2.91%)
15-min delayed · Jul 27, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering Mayville Engineering Co Inc, 3 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $25.00 to $43.00, a moderate spread. The average target of $33.33 sits 13% above the current $29.41. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.21 next quarter toward $1.12 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Moderate Buy
Strong Buy00%
Buy3100%
Hold00%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to Mayville Engineering Co Inc.
As of Jul, 3 of 3 firms rate MEC a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MEC EPS & revenue forecast
EPS · NEXT QUARTER
$0.21
Range $0.17 – $0.24 · 4 analysts · +112% YoY
Next period, 4 analysts expect Mayville Engineering Co Inc to earn $0.21 a share (range $0.17 – $0.24), versus $0.10 a year earlier. Full-year consensus is $0.21, growing to $1.12 the year after.
REVENUE · NEXT QUARTER
$159.7M
Range $156.0M – $168.6M · 4 analysts · +11% YoY
Revenue is expected to reach $159.7M (range $156.0M – $168.6M), +10.6% year-over-year. Full-year consensus is $611.3M, rising to $693.2M next year.
Top analysts covering Mayville Engineering Co Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MEC.
#1
Andrew Kaplowitz
Citigroup · Rank #143
Buy
$43.00+46.2% to target
Overall win rate
43%
+ Follow
#2
Ted Jackson
Northland Capital Markets · Rank #229
Buy
$25.00-15.0% to target
Overall win rate
30%
+ Follow
#3
Michael Shlisky
DA Davidson · Rank #328
Buy
$32.00+8.8% to target
Overall win rate
27%
+ Follow
#4
RS
Ross Sparenblek
William Blair
Buy
No targeton MEC
Coverage
—
+ Follow
MEC stock forecast FAQ
What is MEC's average 12-month price target?+
The 3 analysts with a live target average $33.33 for Mayville Engineering Co Inc over the next 12 months, ranging from a $43.00 high to a $25.00 low.
Is MEC stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 3 analyst ratings, 3 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for MEC?+
The Street-high target is $43.00 (Citigroup), and the Street-low is $25.00 (Northland Capital Markets). The average of all 3 active targets is $33.33.
How many Wall Street analysts cover MEC?+
3 analysts have an active rating on Mayville Engineering Co Inc, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering MEC?+
Among analysts who currently cover MEC, Andrew Kaplowitz of Citigroup has the strongest overall Quantellect track record (Rank #143). Their current call is Buy with a $43.00 target.
What is Mayville Engineering Co Inc's projected EPS for next quarter?+
The consensus estimate is $0.21 per share (range $0.17 – $0.24) across 4 analysts. Full-year EPS is projected at $0.21, rising to $1.12 the following year.
How much revenue is Mayville Engineering Co Inc expected to report next quarter?+
Consensus revenue is $159.7M (range $156.0M – $168.6M). Full-year revenue is projected at $611.3M, growing to $693.2M next year.
Have analysts been upgrading or downgrading MEC lately?+
As of Jul, 3 of 3 firms rate MEC a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MEC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
