Ewlo85 Posted - 5 days ago

$MEC 🌪️🌪️🌪️

Ewlo85 Posted - 5 days ago

$MEC 🧚‍♂️

Digmore Posted - 1 week ago

$MEC They build stuff for military equipment ... Trump is back and military orders WILL be on the table here. Mark this post !

Digmore Posted - 1 week ago

$MEC Bargain price. I know people who work here and they are BUSY ... lots of orders coming in . Buying what I can.

Prdaio Posted - 1 week ago

$MEC .... break this 17,60, I have things to do

insiderbuyingselling Posted - 2 weeks ago

$MEC new insider buying: 1500 shares. http://insiderbuyingselling.com/?t=MEC

Prdaio Posted - 2 weeks ago

$TSLA Call 280 Jan 2026 bought $MEC Buy the dip

insiderbuyingselling Posted - 2 weeks ago

$MEC new insider buying: 5903 shares. http://insiderbuyingselling.com/?t=MEC

CEOBuysDisclosures Posted - 2 weeks ago

$MEC CEO purchased 5,903 shares at $16.72 for a total of $98,698. Reddy Jagadeesh A now owns 90,612 shares. https://ceo-buys.com

insiderbuyingselling Posted - 2 weeks ago

$MEC new insider buying: 5903 shares. http://insiderbuyingselling.com/?t=MEC

Gold_Magikarp Posted - 2 weeks ago

$MEC 135m revenue and the companies worth 447m Trades at a mere 3.3 x valuation ? Why so low this company is great

DonCorleone77 Posted - 2 weeks ago

$MEC Mayville Engineering cuts FY24 revenue view to $580M-$590M from $620M-$640M Consensus $631.4M. Lowers FY24 adjusted EBITDA view to $63M-$66M from $72M-$76M. Given third quarter softness in customer demand, we have reduced our full year 2024 net sales and Adjusted EBITDA guidance by 7% and 13%, respectively, at the midpoint of the range," stated Reddy. "Our guidance accounts for reduced order activity during the second half of 2024, partially offset by recent cost actions, operational excellence initiatives, and commercial wins. As end customer equipment financing rates decline over the coming quarters, we anticipate a corresponding normalization in customer order activity and broader-end market demand beginning in the first half of 2025. While our third quarter performance was below expectations, we continue to advance initiatives to grow market share across our key vertical markets, while deploying operational rigor across the organization, consistent with the strategy outlined at our Investor Day. These actions, together with realized synergies from our MSA acquisition, position us to achieve our 2026 financial targets of $750 million to $850 million of net sales and Adjusted EBITDA margins of between 14% and 16%. As previously announced, we settled an ongoing legal dispute with one of our former customers, which resulted in MEC receiving a gross cash settlement of $25.5 million in the fourth quarter of this year," said Reddy. "I am pleased with this outcome, and I am grateful for the hard work of our team in helping us resolve this matter in a way that benefits all stakeholders. We will utilize some of the proceeds of the settlement to pay down debt and a portion of the proceeds for share repurchases. Our strengthening financial position will allow us to further focus on the execution of our long-term strategy going forward. Our strong, consistent free cash flow generation continues to provide us with significant balance sheet optionality. Exiting the third quarter, our net leverage stood at 1.6x, well within our targeted range of 1.5 to 2.0x, while total cash and availability on our credit facility was more than $135 million. We remain highly disciplined in our approach to capital allocation, prioritizing debt repayment, opportunistic share repurchases, and accretive strategic acquisitions with compelling synergy potential. Entering the next demand cycle, MEC remains focused on targeted organic and inorganic expansion within high-value, emerging growth markets that position us to create long-term value for both our shareholders and customers."

DonCorleone77 Posted - 2 weeks ago

$MEC Mayville Engineering reports Q3 EPS 21c, consensus 21c Reports Q3 revenue $135.4M, consensus $157.6M "During the third quarter, we took decisive action to successfully navigate a soft near-term demand environment, while continuing to deliver strong execution on our strategic priorities, as outlined within our MBX framework," stated Jag Reddy, CEO. "Order activity troughed during the third quarter, as customers took corrective action to de-stock channel inventories amid a period of lower consumption. In response, we deployed a series of cost rationalization initiatives that, in combination, positioned us to deliver a solid Adjusted EBITDA margin performance and continued free cash flow generation during the period. Customer order activity decelerated meaningfully beginning in August, and has since stabilized during the fourth quarter, albeit at a lower level than we anticipated entering 2024. In response to the current demand environment, we introduced a series of cost rationalization initiatives halfway through the third quarter, including the reduction of production days, an approximate 12% reduction in our labor force, the permanent closure of our Wautoma manufacturing facility planned for the fourth quarter and other cost reduction actions, the combination of which is expected to result in an estimated $0.6 million of restructuring expense in the fourth quarter and $1.0 to $3.0 million in annualized cost savings."

Gold_Magikarp Posted - 10/28/24

$MEC 30$

JFDI Posted - 10/25/24

@Chasesrileyy @howardlindzon @Kanden $STRT $ATMU $ALSN $MEC $PHIN Also all look pretty good in the group

Gold_Magikarp Posted - 1 month ago

$IBM $SPY $CMG $MEC $LB don’t listen to the nay sayers

DogStarGlobal Posted - 09/29/24

$MEC Mayville Engineering Company

Doozio Posted - 09/27/24

$MEC a 🧠👀 is NOW 🧠⏰ in da FUTUre of 🧠⏰♾️

Stocksrunner Posted - 3 months ago

Monday's Analyst Upside Potential: $MEC $ZM $NVDA https://stocksrunner.com/posts?id=1034

epsguid Posted - 3 months ago

$MEC reported earnings of $0.18, consensus was $0.17 via @eWhispers #epsbeat http://eps.sh/d/mec

Stock_Titan Posted - 3 months ago

$MEC Mayville Engineering Company Announces Second Quarter 2024 Results https://www.stocktitan.net/news/MEC/mayville-engineering-company-announces-second-quarter-2024-y66rrhxn8mpy.html

Digmore Posted - 3 months ago

$MEC STRONG company... I know people who work here ...work orders up the ass. BUY !!!!

NVDAMillionaire Posted - 07/31/24

$MEC Mayville Engineering Company (NYSE:MEC) – Navigating Headwinds with Operational Excellence http://beyondspx.com/2024/07/27/mayville-engineering-company-nysemec-navigating-headwinds-with-operational-excellence/

Stock_Titan Posted - 4 months ago

$MEC Mayville Engineering Company Announces Second Quarter 2024 Results Conference Call and Webcast Date https://www.stocktitan.net/news/MEC/mayville-engineering-company-announces-second-quarter-2024-results-dnqulhockbu2.html

Stoop_Kid Posted - 4 months ago

$MEC Insane move.

TheOriginalBagHolder Posted - 4 months ago

$MEC Pocket pivot and break of $17.00 level today.

TheOriginalBagHolder Posted - 06/25/24

$MEC Good ER May 7th. Breakout at $17.00 Needs to build longer base. 1Q2024 vs 1Q2023: Net sales up 13.1% vs Net income up 26% Adjusted EBITDA up 33.8% Waiting for pocket pivot.

Shlobby Posted - 5 months ago

$MEC historically trends well. On watch for ath and possibly higher after voting long base.

Doozio Posted - 6 months ago

$MEC a 🧠👀 is now chop chop huckleberries 🧠⏰. Cc @TroyFars appears very cheap. Thoughts? 🙏

Stocksrunner Posted - 6 months ago

🔔 Closing Bell Roundup 📊 $MEC reports robust Q1 growth during earnings call, indicating positive momentum for the company. $CBUS posts Q1 loss exceeding revenue estimates, showcasing challenges in the plant traits sector. $CAKE serves up impressive Q1 earnings beat, with both earnings and revenues surpassing expectations. $WEST brews up disappointment with Q1 loss missing revenue estimates, highlighting a challenging quarter. $GRPN surprises with Q1 earnings and revenue beats, signaling potential resilience in the online deals space.