Mayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction and access equipment, powersports, agriculture, military, and other end markets in the United States. The company provides a range of prototyping and tooling, production fabrication, coating, assembly and aftermarket components. It also supplies engineered components to original equipment manufacturers. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.
IPO Year: 2019
Exchange: NYSE
Website: mecinc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/7/2024 | $30.00 → $20.00 | Outperform → Market Perform | Northland Capital |
| 6/9/2023 | $14.00 | Outperform → Neutral | Robert W. Baird |
| 5/17/2023 | $20.00 | Outperform | Northland Capital |
| 11/3/2022 | $7.00 → $15.00 | Neutral → Outperform | Robert W. Baird |
| 1/21/2022 | $21.00 → $13.00 | Outperform → Neutral | Robert W. Baird |
| 1/21/2022 | $21.00 → $13.00 | Outperform → Neutral | Baird |
SC 13G/A - Mayville Engineering Company, Inc. (0001766368) (Subject)
SC 13G/A - Mayville Engineering Company, Inc. (0001766368) (Subject)
SC 13G/A - Mayville Engineering Company, Inc. (0001766368) (Subject)
SC 13G/A - Mayville Engineering Company, Inc. (0001766368) (Subject)
SC 13G/A - Mayville Engineering Company, Inc. (0001766368) (Subject)
SC 13G - Mayville Engineering Company, Inc. (0001766368) (Subject)
SC 13G/A - Mayville Engineering Company, Inc. (0001766368) (Subject)
SC 13G/A - Mayville Engineering Company, Inc. (0001766368) (Subject)
SC 13G/A - Mayville Engineering Company, Inc. (0001766368) (Subject)
SC 13G - Mayville Engineering Company, Inc. (0001766368) (Subject)
Mayville Engineering Company (NYSE:MEC, the "Company" or "MEC"))), a leading U.S.-based value-added manufacturing partner that provides a full suite of services from concept to production, today announced the appointment of Rachele Lehr as the Chief Human Resources Officer, effective March 13, 2023. Lehr will report directly to President and Chief Executive Officer, Jag Reddy, and will lead the Company's Human Resources strategy, including, talent acquisition, talent development, total rewards, change management, employee engagement, and improvement of the overall HR operating system. Lehr brings to MEC a decade of human resource leadership experience within the machinery and manufacturing
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced the appointment of Sean Leuba as Senior Vice President, Corporate Development and General Counsel effective January 25, 2023 reporting directly to President and Chief Executive Officer, Jag Reddy. Mr. Leuba brings to MEC more than two decades of public-company development, operations and legal expertise within the machinery and manufacturing industries. Throughout his career, Mr. Leuba has been integral in leading corporate development efforts, while utilizing his extensive legal experience. "We are
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading U.S.-based value-added manufacturing partner that provides a full suite of services from concept to production today announced that the Board of Directors has elected Robert (Bob) McCormick as a new independent director of the company, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221221005548/en/Robert (Bob) McCormick (Photo: Business Wire) "We are pleased that Bob has accepted the invitation to join our Board," said Tim Christen, non-executive Chair of the Board of Directors of Mayville Engineering Company. "He is an experienced
Current Independent Director Timothy L. Christen Named Non-Executive Chair Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading U.S.-based value-added manufacturing partner that provides a full suite of design, prototyping, tooling, production fabrication, coatings, assembly, and aftermarket services, today announced the appointment of Jagadeesh (Jag) A. Reddy as President and Chief Executive Officer ("CEO") and as a director of the Company, effective July 19, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220720005175/en/MEC CEO & President, Jag Reddy. (Photo: Business Wire) The Company also appoint
MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”) today announced that the Board of Directors has elected Jennifer Kent as a director of the Company. The Company also announced that current director Craig E. Johnson will not seek reelection and will retire from the Board at the end of his current term expiring at the 2021 annual meeting of shareholders. Mr. Johnson has been serving as a director since 2006. “With over 20 years of broad business and leadership experience, including managing multiple functions at a public company, Jennie is an excellent addition to our board as a new independent director,” said Robert D. Kamphuis, Chairman, Presi
Northland Capital downgraded Mayville Engineering Company from Outperform to Market Perform and set a new price target of $20.00 from $30.00 previously
Robert W. Baird downgraded Mayville Engineering Company from Outperform to Neutral and set a new price target of $14.00
Northland Capital initiated coverage of Mayville Engineering Company with a rating of Outperform and set a new price target of $20.00
Robert W. Baird upgraded Mayville Engineering Company from Neutral to Outperform and set a new price target of $15.00 from $7.00 previously
Robert W. Baird downgraded Mayville Engineering Company from Outperform to Neutral and set a new price target of $13.00 from $21.00 previously
Baird downgraded Mayville Engineering from Outperform to Neutral and set a new price target of $13.00 from $21.00 previously
Baird reiterated coverage of Mayville Engineering with a rating of Outperform and set a new price target of $20.00 from $14.00 previously
Robert W. Baird reiterated coverage of Mayville Engineering with a rating of Outperform and set a new price target of $20.00 from $14.00 previously
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that Todd Butz, Chief Financial Officer, intends to leave the Company on June 30, 2025. Following a rigorous internal and external search process, Rachele Lehr, Chief Human Resources Officer, has been named to succeed Mr. Butz as Chief Financial Officer, effective April 22, 2025, following the annual meeting of shareholders. With more than 25 years of cross-functional experience across corporate finance, external reporting, strategic planning, financial planning & analysis, information technology,
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three-months ended September 30, 2024. THIRD QUARTER 2024 RESULTS (All comparisons versus the prior-year period) Net sales of $135.4 million, a decrease of 14.4% Net income of $3.0 million, or $0.14 per diluted share, an increase of $1.6 million, or $0.07 per diluted share Non-GAAP Adjusted Diluted EPS of $0.21, flat to the prior-year period Adjusted EBITDA of $17.1 million, a decrease of 11.2% Adjusted EBITDA margin of 12.6%, an increase of 50 bps Free Cash Flow of $15.1
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it has entered into a formal Settlement Agreement (the "Agreement") that will resolve a previously-disclosed lawsuit with Peloton Interactive, Inc. ("Peloton"). Under the terms of the Agreement, MEC and Peloton have agreed to dismiss the lawsuit and exchange mutual releases, and MEC will receive a gross payment of $25.5 million from Peloton, with no admission of liability by either party. The Agreement was executed as of October 28, 2024. ABOUT MAYVILLE ENGINEERING COMPANY Founded in 1945, MEC
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue third quarter 2024 results after the market closes on Tuesday, November 5, 2024. A conference call will be held the following day, Wednesday, November 6, 2024, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To listen to a
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading Tier I value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that President and Chief Executive Officer Jag Reddy and Chief Financial Officer Todd Butz will participate in the D.A. Davidson 23rd Annual Diversified Industrials and Services Conference on September 18 - 20, 2024 in Nashville, Tennessee. In conjunction with the conference, MEC executives will be available to participate in one-on-one meetings with investors registered to attend the conference. For more information, please contact your D.A. Davidson representative. ABOUT MAYVILLE ENGINEER
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three-months ended June 30, 2024. SECOND QUARTER 2024 RESULTS (All comparisons versus the prior-year period) Net sales of $163.6 million, or +17.7%, including organic growth of 6.9% Net income of $3.8 million, or $0.18 per diluted share, an increase of $2.2 million, or $0.10 per diluted share Non-GAAP Adjusted Diluted EPS of $0.26, an increase of $0.06 Adjusted EBITDA of $19.6 million, an increase of 28.4% Adjusted EBITDA margin of 12.0%, an increase of 100 bps Fr
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue second quarter 2024 results after the market closes on Tuesday, August 6, 2024. A conference call will be held the following day, Wednesday, August 7, 2024, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To listen to a li
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, has been named as the nation's largest fabricator by the Fabricator Magazine for the fourteenth consecutive year. "We are honored to be named the #1 domestic fabricator for the fourteenth consecutive year," said Jag Reddy, President & CEO. "This recognition reflects our continued focus on innovation, operational excellence, and close collaboration with our customers. We are in the second year of our MEC Business Excellence (MBX) journey, and I am extremely proud of our team's ongoing commitment to excellence and st
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced that President and Chief Executive Officer, Jag Reddy, and Chief Financial Officer, Todd Butz, will be participating in the following investor conferences during June 2024: Stifel Cross Sector Insight Conference on Tuesday, June 4th, in Boston William Blair 44th Annual Growth Stock Conference on Wednesday, June 5th, in Chicago Northland Growth Conference on Tuesday, June 25th, to be held virtually In conjunction with these events, management will be available to participate in one-on-one m
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping, and manufacturing solutions serving diverse end markets, will ring the closing bell at the New York Stock Exchange (NYSE) on Tuesday, May 14, 2024, in celebration of five-years of being a public company, ahead of its 80-year anniversary next year. "MEC has grown to become a market-leading, vertically integrated provider of best-in-class design, engineering, and fabrication solutions to global, high-performance OEM brands," stated Jag Reddy, President and CEO. "As we prepare to commemorate this milestone, we want to thank our employees, customers, partners, and investors,
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue third quarter 2024 results after the market closes on Tuesday, November 5, 2024. A conference call will be held the following day, Wednesday, November 6, 2024, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To listen to a
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue second quarter 2024 results after the market closes on Tuesday, August 6, 2024. A conference call will be held the following day, Wednesday, August 7, 2024, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To listen to a li
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue first quarter 2024 results after the market closes on Tuesday, May 7, 2024. A conference call will be held the following day, Wednesday, May 8, 2024, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To listen to a live broa
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue fourth quarter and full year 2023 results after the market closes on Tuesday, March 5, 2024. A conference call will be held the following day, Wednesday, March 6, 2024, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To li
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue third quarter 2023 results after the market closes on Tuesday, October 31, 2023. A conference call will be held the following day, Wednesday, November 1, 2023, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To listen to a
Mayville Engineering Company, Inc. (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue second quarter 2023 results after the market closes on Tuesday, August 1, 2023. A conference call will be held the following day, Wednesday, August 2, 2023, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To listen t
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue first quarter 2023 results after the market closes on Tuesday, May 2, 2023. A conference call will be held the following day, Wednesday, May 3, 2023, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To listen to a live broa
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue fourth quarter and full-year 2022 results after the market closes on Tuesday, February 28, 2023. A conference call will be held the following day, Wednesday, March 1, 2023, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To
Mayville Engineering Company, Inc. ("MEC") today announced that it will release financial results for the third quarter 2022 after market close on Tuesday, November 1, 2022. A conference call will be held on Wednesday, November 2, 2022, at 9:00 a.m. Central Time and will be hosted by Jag Reddy, President and Chief Executive Officer and Todd Butz, Chief Financial Officer. Rand Stille, Chief Operating Officer, and Ryan Raber, EVP of Strategy, Sales and Marketing will also participate in the call. For a live webcast of the conference call, visit www.mecinc.com and click on the link to the live webcast on the investors page. In addition to the earnings release, a presentation will be posted o
Mayville Engineering Company, Inc. ("MEC") today announced that it will release financial results for the second quarter 2022 after market close on Tuesday, August 2, 2022. A conference call will be held on Wednesday, August 3, 2022, at 9:00 a.m. Central Time and will be hosted by newly appointed President and CEO, Jag Reddy, Chief Financial Officer, Todd Butz, and EVP of Strategy, Sales and Marketing, Ryan Raber. For a live webcast of the conference call, visit www.mecinc.com and click on the link to the live webcast on the Investors page. For telephone access to the conference, call (844) 200-6205 within the United States, call (833) 950-0062 within Canada, or +1 (929) 526-1599 from ou
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4/A - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4/A - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
4 - Mayville Engineering Company, Inc. (0001766368) (Issuer)
8-K - Mayville Engineering Company, Inc. (0001766368) (Filer)
10-Q - Mayville Engineering Company, Inc. (0001766368) (Filer)
8-K - Mayville Engineering Company, Inc. (0001766368) (Filer)
10-Q - Mayville Engineering Company, Inc. (0001766368) (Filer)
8-K - Mayville Engineering Company, Inc. (0001766368) (Filer)
11-K - Mayville Engineering Company, Inc. (0001766368) (Filer)
EFFECT - Mayville Engineering Company, Inc. (0001766368) (Filer)
S-3/A - Mayville Engineering Company, Inc. (0001766368) (Filer)
10-Q - Mayville Engineering Company, Inc. (0001766368) (Filer)
8-K - Mayville Engineering Company, Inc. (0001766368) (Filer)