What is Northland Capmk’s Forecast for MEC FY2025 Earnings?

Mayville Engineering Company, Inc. (NYSE:MEC) – Investment analysts at Northland Capmk decreased their FY2025 earnings estimates for Mayville Engineering in a report issued on Monday, January 5th. Northland Capmk analyst E. Jackson now forecasts that the company will post earnings of ($0.41) per share for the year, down from their previous estimate of ($0.33). Northland Capmk has a “Hold” rating on the stock. The consensus estimate for Mayville Engineering’s current full-year earnings is $0.31 per share. Northland Capmk also issued estimates for Mayville Engineering’s Q4 2025 earnings at ($0.23) EPS, FY2026 earnings at ($0.45) EPS, FY2027 earnings at ($0.14) EPS, FY2028 earnings at $0.13 EPS and FY2029 earnings at $0.32 EPS.

Mayville Engineering (NYSE:MEC) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05. Mayville Engineering had a net margin of 2.29% and a return on equity of 5.88%. The business had revenue of $144.31 million during the quarter, compared to analysts’ expectations of $141.36 million.

A number of other equities research analysts also recently issued reports on MEC. Northland Securities downgraded Mayville Engineering from an “outperform” rating to a “market perform” rating and set a $20.00 price objective on the stock. in a research report on Monday. Weiss Ratings reissued a “hold (c-)” rating on shares of Mayville Engineering in a research report on Wednesday, October 8th. Finally, Craig Hallum set a $24.00 price target on Mayville Engineering and gave the company a “buy” rating in a report on Tuesday, October 21st. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.00.

Mayville Engineering Stock Up 2.8%

Shares of NYSE:MEC opened at $18.23 on Wednesday. The company has a market cap of $370.51 million, a price-to-earnings ratio of 31.44 and a beta of 1.08. Mayville Engineering has a 12 month low of $11.72 and a 12 month high of $19.77. The company has a current ratio of 1.82, a quick ratio of 1.04 and a debt-to-equity ratio of 0.87. The company has a 50-day moving average price of $17.42 and a 200 day moving average price of $15.83.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its holdings in shares of Mayville Engineering by 109.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,751 shares of the company’s stock worth $38,000 after buying an additional 1,435 shares during the period. AlphaQuest LLC lifted its stake in Mayville Engineering by 26.2% in the third quarter. AlphaQuest LLC now owns 8,342 shares of the company’s stock worth $115,000 after acquiring an additional 1,733 shares during the period. JPMorgan Chase & Co. increased its position in Mayville Engineering by 20.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,936 shares of the company’s stock valued at $127,000 after purchasing an additional 1,359 shares during the period. CHICAGO TRUST Co NA bought a new stake in shares of Mayville Engineering in the 2nd quarter valued at about $165,000. Finally, Public Employees Retirement System of Ohio lifted its position in shares of Mayville Engineering by 54.0% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 16,689 shares of the company’s stock worth $230,000 after purchasing an additional 5,855 shares during the period. 45.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Ryan F. Raber sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $16.68, for a total value of $250,200.00. Following the transaction, the executive vice president owned 91,018 shares of the company’s stock, valued at $1,518,180.24. This trade represents a 14.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Steven L. Fisher sold 10,000 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $19.11, for a total transaction of $191,100.00. Following the completion of the sale, the director directly owned 30,482 shares of the company’s stock, valued at approximately $582,511.02. This trade represents a 24.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 7.20% of the company’s stock.

About Mayville Engineering

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.