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NYSE: MEC
Mayville Engineering Company Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MEC

Based on 1 analysts offering 12 month price targets for Mayville Engineering Company Inc.
Min Forecast
$20.00+0.91%
Avg Forecast
$20.00+0.91%
Max Forecast
$20.00+0.91%

Should I buy or sell MEC stock?

Based on 1 analysts offering ratings for Mayville Engineering Company Inc.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

MEC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Baird
Top 3%
98
BuyMaintains$20.00+0.91%2021-02-05

1 of 1

Forecast return on equity

Is MEC forecast to generate an efficient return?
Company
22.29%
Industry
34.9%
Market
1,975.19%
MEC's Return on Equity is forecast to be high in 3 years (22.29%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is MEC forecast to generate an efficient return on assets?
Company
12.86%
Industry
11.47%
Market
951.37%
MEC is forecast to generate higher Return on Assets (12.86%) than the US Industrials industry average (11.47%)
Forecast

MEC earnings per share forecast

What is MEC's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.52-100.41%
Avg 2 year Forecast
$1.93-101.51%
Avg 3 year Forecast
$2.30-101.8%

MEC revenue forecast

What is MEC's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$482.4M+15.06%
Avg 2 year Forecast
$604.2M+44.11%
Avg 3 year Forecast
$648.3M+54.63%
MEC's revenue is forecast to grow at a rate of 17.82% per year, which is not exceptional
Forecast

MEC revenue growth forecast

How is MEC forecast to perform vs Industrials companies and vs the US market?
Company
17.82%
Industry
21.37%
Market
14.64%
MEC's revenues are forecast to grow slower (17.82% per year) than the US Industrials industry average (21.37%)
Forecast
MEC's revenues are forecast to grow faster (17.82% per year) than the US market average (14.64%)
Forecast

Mayville Engineering Company Stock Forecast FAQ

Is Mayville Engineering Company Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 1 Wall Street analysts covering (NYSE: MEC) stock is to Buy MEC stock.

Out of 1 analysts, 0 (0%) are recommending MEC as a Strong Buy, 1 (100%) are recommending MEC as a Buy, 0 (0%) are recommending MEC as a Hold, 0 (0%) are recommending MEC as a Sell, and 0 (0%) are recommending MEC as a Strong Sell.

What is MEC's earnings growth forecast for 2021-2023?

(NYSE: MEC) Mayville Engineering Company's forecast annual earnings growth rate of N/A is not forecast to beat the US Industrials industry's average forecast earnings growth rate of 19.64%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 22.98%.

Mayville Engineering Company's earnings in 2021 is $5,709,000.On average, 2 Wall Street analysts forecast MEC's earnings for 2021 to be $10,647,476, with the lowest MEC earnings forecast at $9,009,403, and the highest MEC earnings forecast at $12,285,549. On average, 2 Wall Street analysts forecast MEC's earnings for 2022 to be $39,518,516, with the lowest MEC earnings forecast at $38,904,239, and the highest MEC earnings forecast at $39,928,034.

In 2023, MEC is forecast to generate $47,094,605 in earnings, with the lowest earnings forecast at $47,094,605 and the highest earnings forecast at $47,094,605.

What is MEC's revenue growth forecast for 2021-2023?

(NYSE: MEC) Mayville Engineering Company's forecast annual revenue growth rate of 17.82% is not forecast to beat the US Industrials industry's average forecast revenue growth rate of 21.37%, and while it is forecast to beat the US market's average forecast revenue growth rate of 14.64%.

Mayville Engineering Company's revenue in 2021 is $419,252,000.On average, 2 Wall Street analysts forecast MEC's revenue for 2021 to be $9,877,663,300, with the lowest MEC revenue forecast at $9,869,554,837, and the highest MEC revenue forecast at $9,885,771,762. On average, 2 Wall Street analysts forecast MEC's revenue for 2022 to be $12,371,650,223, with the lowest MEC revenue forecast at $12,336,943,547, and the highest MEC revenue forecast at $12,406,356,899.

In 2023, MEC is forecast to generate $13,274,535,695 in revenue, with the lowest revenue forecast at $13,274,535,695 and the highest revenue forecast at $13,274,535,695.

What is MEC's forecast return on assets (ROA) for 2021-2023?

(NYSE: MEC) forecast ROA is 12.86%, which is higher than the forecast US Industrials industry average of 11.47%.

What is MEC's Price Target?

According to 1 Wall Street analysts that have issued a 1 year MEC price target, the average MEC price target is $20.00, with the highest MEC stock price forecast at $20.00 and the lowest MEC stock price forecast at $20.00.

On average, Wall Street analysts predict that Mayville Engineering Company's share price could stay at $20.00 by Feb 5, 2022. The average Mayville Engineering Company stock price prediction forecasts a potential downside of N/A from the current MEC share price of $19.82.

What is MEC's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: MEC) Mayville Engineering Company's current Earnings Per Share (EPS) is -$127.71. On average, analysts forecast that MEC's EPS will be $0.52 for 2021, with the lowest EPS forecast at $0.44, and the highest EPS forecast at $0.60. On average, analysts forecast that MEC's EPS will be $1.93 for 2022, with the lowest EPS forecast at $1.90, and the highest EPS forecast at $1.95. In 2023, MEC's EPS is forecast to hit $2.30 (min: $2.30, max: $2.30).

What is MEC's forecast return on equity (ROE) for 2021-2023?

(NYSE: MEC) forecast ROE is 22.29%, which is considered strong.
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