What is Northland Securities’ Forecast for MEC Q4 Earnings?

Mayville Engineering Company, Inc. (NYSE:MEC) – Research analysts at Northland Securities boosted their Q4 2026 EPS estimates for Mayville Engineering in a research report issued on Monday, June 1st. Northland Securities analyst T. Jackson now expects that the company will earn $0.13 per share for the quarter, up from their previous estimate of $0.10. The consensus estimate for Mayville Engineering’s current full-year earnings is ($0.23) per share. Northland Securities also issued estimates for Mayville Engineering’s Q1 2027 earnings at $0.18 EPS, Q2 2027 earnings at $0.20 EPS, Q3 2027 earnings at $0.25 EPS, FY2027 earnings at $0.88 EPS and FY2028 earnings at $1.07 EPS.

Several other research firms have also recently commented on MEC. Weiss Ratings cut shares of Mayville Engineering from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, March 5th. DA Davidson increased their price target on shares of Mayville Engineering from $23.00 to $32.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Zacks Research raised shares of Mayville Engineering from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th. Finally, Citigroup increased their price target on shares of Mayville Engineering from $25.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Mayville Engineering has an average rating of “Moderate Buy” and a consensus target price of $29.75.

Mayville Engineering Price Performance

MEC opened at $30.80 on Tuesday. Mayville Engineering has a one year low of $12.10 and a one year high of $31.00. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.64 and a quick ratio of 0.91. The company’s 50 day simple moving average is $22.06 and its 200-day simple moving average is $19.86. The stock has a market capitalization of $631.26 million, a P/E ratio of -38.50 and a beta of 1.24.

Mayville Engineering (NYSE:MEC) last issued its quarterly earnings data on Tuesday, May 5th. The company reported ($0.15) earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $144.78 million for the quarter, compared to analysts’ expectations of $139.18 million.

Insider Buying and Selling at Mayville Engineering

In other Mayville Engineering news, insider Sean P. Leuba sold 6,698 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $18.81, for a total value of $125,989.38. Following the transaction, the insider owned 11,841 shares of the company’s stock, valued at approximately $222,729.21. This represents a 36.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Craig D. Nichols sold 4,000 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $23.24, for a total value of $92,960.00. Following the transaction, the senior vice president owned 146 shares in the company, valued at approximately $3,393.04. This trade represents a 96.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 54,994 shares of company stock valued at $1,354,295. 5.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Mayville Engineering

A number of hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its position in shares of Mayville Engineering by 5.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 926,216 shares of the company’s stock valued at $16,625,000 after acquiring an additional 49,041 shares during the period. Royce & Associates LP raised its holdings in Mayville Engineering by 10.2% in the fourth quarter. Royce & Associates LP now owns 624,307 shares of the company’s stock worth $11,687,000 after purchasing an additional 57,590 shares during the period. EVR Research LP acquired a new stake in Mayville Engineering in the fourth quarter worth $11,326,000. Blair William & Co. IL raised its holdings in Mayville Engineering by 54.8% in the fourth quarter. Blair William & Co. IL now owns 583,759 shares of the company’s stock worth $10,928,000 after purchasing an additional 206,549 shares during the period. Finally, 22NW LP raised its holdings in Mayville Engineering by 3.6% in the fourth quarter. 22NW LP now owns 414,280 shares of the company’s stock worth $7,755,000 after purchasing an additional 14,390 shares during the period. 45.44% of the stock is currently owned by institutional investors and hedge funds.

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.