MAYVILLE ENGR C/SH (NYSE:MEC) – Stock analysts at Jefferies Financial Group issued their Q2 2019 EPS estimates for MAYVILLE ENGR C/SH in a research note issued on Monday, June 3rd, Zacks Investment Research reports. Jefferies Financial Group analyst S. Volkmann forecasts that the company will post earnings of $0.28 per share for the quarter. Jefferies Financial Group currently has a “Buy” rating on the stock. Jefferies Financial Group also issued estimates for MAYVILLE ENGR C/SH’s Q3 2019 earnings at $0.31 EPS, Q4 2019 earnings at $0.26 EPS, FY2019 earnings at $1.20 EPS, FY2020 earnings at $1.45 EPS and FY2021 earnings at $1.75 EPS.
MAYVILLE ENGR C/SH (NYSE:MEC) last issued its earnings results on Tuesday, May 28th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $143.73 million during the quarter.
Other equities analysts have also recently issued reports about the company. Citigroup initiated coverage on MAYVILLE ENGR C/SH in a report on Monday, June 3rd. They issued a “buy” rating on the stock. UBS Group initiated coverage on MAYVILLE ENGR C/SH in a report on Monday, June 3rd. They set a “neutral” rating and a $17.00 price target on the stock. William Blair initiated coverage on MAYVILLE ENGR C/SH in a report on Monday, June 3rd. They set an “outperform” rating on the stock. Finally, Robert W. Baird initiated coverage on MAYVILLE ENGR C/SH in a report on Monday, June 3rd. They set an “outperform” rating and a $19.00 price target on the stock. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. MAYVILLE ENGR C/SH currently has an average rating of “Buy” and an average target price of $18.00.
Shares of NYSE MEC traded down $0.81 during mid-day trading on Wednesday, reaching $13.80. The company had a trading volume of 847,259 shares, compared to its average volume of 124,685. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 1.69. The business has a 50-day moving average price of $15.38. MAYVILLE ENGR C/SH has a 1-year low of $11.95 and a 1-year high of $17.40.
In other news, Director Timothy L. Christen bought 5,000 shares of the stock in a transaction on Monday, May 13th. The shares were purchased at an average price of $17.00 per share, for a total transaction of $85,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Robert D. Kamphuis bought 34,460 shares of the stock in a transaction on Thursday, June 13th. The stock was purchased at an average price of $13.00 per share, for a total transaction of $447,980.00. The disclosure for this purchase can be found here. Insiders have bought 54,434 shares of company stock worth $730,549 in the last quarter.