Mayville Engineering (MEC) Projected to Announce Earnings on Tuesday

Mayville Engineering (NYSE:MEC) is expected to announce its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect Mayville Engineering to announce earnings of ($0.08) per share and revenue of $150.5910 million for the quarter. Investors can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 10:00 AM ET.

Mayville Engineering (NYSE:MEC) last issued its earnings results on Tuesday, May 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.13. Mayville Engineering had a negative return on equity of 5.77% and a negative net margin of 2.93%.The business had revenue of $144.78 million during the quarter, compared to analysts’ expectations of $139.18 million. On average, analysts expect Mayville Engineering to post $-0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Mayville Engineering Trading Down 9.3%

Shares of Mayville Engineering stock traded down $2.75 during trading hours on Tuesday, hitting $26.70. The company’s stock had a trading volume of 160,184 shares, compared to its average volume of 329,850. The business has a fifty day moving average of $32.01 and a 200 day moving average of $24.39. Mayville Engineering has a 1-year low of $12.10 and a 1-year high of $38.76. The company has a quick ratio of 0.91, a current ratio of 1.64 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $547.29 million, a PE ratio of -33.15 and a beta of 1.22.

Insider Buying and Selling

In other Mayville Engineering news, SVP Craig D. Nichols sold 4,000 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $23.24, for a total transaction of $92,960.00. Following the sale, the senior vice president directly owned 146 shares of the company’s stock, valued at approximately $3,393.04. This represents a 96.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ryan F. Raber sold 20,000 shares of Mayville Engineering stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $26.00, for a total transaction of $520,000.00. Following the completion of the transaction, the executive vice president owned 86,970 shares of the company’s stock, valued at $2,261,220. This trade represents a 18.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 80,726 shares of company stock worth $2,311,768 in the last quarter. 5.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of MEC. Raymond James Financial Inc. increased its holdings in Mayville Engineering by 3.0% during the 3rd quarter. Raymond James Financial Inc. now owns 25,187 shares of the company’s stock valued at $347,000 after purchasing an additional 740 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Mayville Engineering by 20.7% during the second quarter. JPMorgan Chase & Co. now owns 7,936 shares of the company’s stock worth $127,000 after purchasing an additional 1,359 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Mayville Engineering by 109.0% in the third quarter. BNP Paribas Financial Markets now owns 2,751 shares of the company’s stock valued at $38,000 after buying an additional 1,435 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Mayville Engineering by 8.3% in the second quarter. Rhumbline Advisers now owns 19,969 shares of the company’s stock valued at $319,000 after buying an additional 1,526 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Mayville Engineering by 6.4% in the fourth quarter. Invesco Ltd. now owns 27,870 shares of the company’s stock valued at $522,000 after buying an additional 1,679 shares during the last quarter. 45.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on MEC shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Mayville Engineering in a report on Friday, July 10th. Northland Securities set a $30.00 price target on Mayville Engineering in a research note on Thursday, May 7th. DA Davidson increased their price target on Mayville Engineering from $32.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Finally, Citigroup raised their price objective on Mayville Engineering from $33.00 to $43.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.25.

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.