Profile
Sector:
IndustrialsIndustry:
Metal FabricationCountry:
United StatesIPO:
09 May 2019Website:
http://www.mecinc.comNext earnings report:
05 March 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 21:02:37 GMTDividend
Analysts recommendations
Institutional Ownership
MEC Latest News
PALM BEACH, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The uranium ore market is expected to continue substantial growth over the next several years. A report from the Business Research Company said: “The uranium ore market size has grown strongly in recent years. It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. It continued: “The uranium ore market size is expected to see strongly grown in the next few years. It will grow to $1.81 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to government policies and incentives, focus on carbon emission reduction, geopolitical stability, exploration and discovery of new uranium deposits, public perception and social acceptance. Major trends in the forecast period include advancements in nuclear technology, development of in-situ recovery (ISR) technology, focus on uranium enrichment technologies, increased scrutiny on environmental and social impact, and diversification of uranium end-use applications. The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment.” Active mining/energy companies in the markets this week include: Mustang Energy Corp. (OTCQB: MECPF) (CSE: MEC), Denison Mines Corp. (NYSE American: DNN) (TSX: DML), Uranium Energy Corp (NYSE American: UEC), ATHA Energy Corp. (OTCQB: SASKF) (CSE: SASK), Centrus Energy Corp. (NYSE American: LEU).
Mayville Engineering Company, Inc. (NYSE:MEC ) Q3 2024 Results Conference Call November 6, 2024 10:00 AM ET Company Participants Stefan Neely - Vallum Advisors, IR Jag Reddy - President and CEO Todd Butz - Chief Financial Officer Conference Call Participants Mig Dobre - Baird Ted Jackson - Northland Securities Natalia Bak - Citi Operator Good morning. Thank you for attending the Mayville Engineering Company Third Quarter 2024 Earnings Conference Call.
Mayville Engineering (MEC) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.21 per share a year ago.
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three-months ended September 30, 2024. THIRD QUARTER 2024 RESULTS (All comparisons versus the prior-year period) Net sales of $135.4 million, a decrease of 14.4% Net income of $3.0 million, or $0.14 per diluted share, an increase of $1.6 million, or $0.07 per d.
Mayville Engineering (MEC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Mayville Engineering (MEC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
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.
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.
At Zacks, we prioritize the Zacks Rank system that highlights earnings estimates and revisions to identify top stocks. However, we also stay updated on current value, growth, and momentum trends to highlight strong investment choices.
While most investors should concentrate the bulk of their funds toward large-capitalization, high-probability enterprises, there's some room for micro-cap stocks. These securities undergird public companies that feature a market value of less than $300 million.
What type of business is Mayville Engineering?
Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. It also supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.
What sector is Mayville Engineering in?
Mayville Engineering is in the Industrials sector
What industry is Mayville Engineering in?
Mayville Engineering is in the Metal Fabrication industry
What country is Mayville Engineering from?
Mayville Engineering is headquartered in United States
When did Mayville Engineering go public?
Mayville Engineering initial public offering (IPO) was on 09 May 2019
What is Mayville Engineering website?
https://www.mecinc.com
Is Mayville Engineering in the S&P 500?
No, Mayville Engineering is not included in the S&P 500 index
Is Mayville Engineering in the NASDAQ 100?
No, Mayville Engineering is not included in the NASDAQ 100 index
Is Mayville Engineering in the Dow Jones?
No, Mayville Engineering is not included in the Dow Jones index
When was Mayville Engineering the previous earnings report?
No data
When does Mayville Engineering earnings report?
The next expected earnings date for Mayville Engineering is 05 March 2025