Mayville Engineering Company remains a strong buy, with shares up 14.3% since August, outperforming the S&P 500. Despite near-term challenges and a weaker 2025 outlook, MEC's revenue growth is driven by the Accu-Fab acquisition and expanding data center operations. MEC trades at single-digit multiples, significantly undervalued compared to peers, offering substantial upside potential even with stagnant growth.
Mayville Engineering (MEC) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.14 per share a year ago.
Despite recent revenue and profit declines, Mayville Engineering remains deeply undervalued compared to peers, supporting my continued "Strong Buy" rating. Management's major acquisition of Accu-Fab brings high-margin EBITDA, offsetting some of the legacy business's current weakness and boosting long-term prospects. Short-term headwinds include soft end-market demand, high interest rates, and geopolitical factors, but these are likely to reverse by mid-next year.
Mayville Engineering Company, Inc. (NYSE:MEC ) Q2 2025 Earnings Conference Call August 6, 2025 10:00 AM ET Company Participants Jagadeesh A. Reddy - President, CEO & Director Rachele Marie Lehr - Chief Financial Officer Conference Call Participants Edward Randolph Jackson - Northland Capital Markets, Research Division Michael Shlisky - D.A.
Mayville Engineering (MEC) came out with quarterly earnings of $0.1 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.18 per share a year ago.
MEC stock rises on $140.5 million Accu-Fab deal, aiming for margin gains and market expansion in 2025.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Mayville Engineering (MEC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Mayville Engineering Company, Inc. (NYSE:MEC ) Q1 2025 Earnings Call Transcript May 7, 2025 10:00 AM ET Company Participants Stefan Neely - Investor Relations Jag Reddy - President and Chief Executive Officer Rachele Lehr - Chief Financial Officer Conference Call Participants Ross Sparenblek - William Blair Ted Jackson - Northland Capital Markets Natalia Bak - Citibank Operator Hello, everyone, and thank you for joining the Mayville Engineering Company First Quarter 2025 Earnings Conference Call. My name is Sami, and I'll be coordinating your call today.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Mayville Engineering (MEC) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.16 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.