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Montrose Environmental Group NYSE:MEG Stock Report

Last Price

US$18.28

Market Cap

US$641.4m

7D

-2.4%

1Y

-41.6%

Updated

04 Dec, 2024

Data

Company Financials +

Montrose Environmental Group, Inc.

NYSE:MEG Stock Report

Market Cap: US$641.4m

Montrose Environmental Group, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Montrose Environmental Group
Historical stock prices
Current Share PriceUS$18.28
52 Week HighUS$49.97
52 Week LowUS$16.06
Beta1.72
11 Month Change-30.26%
3 Month Change-40.67%
1 Year Change-41.56%
33 Year Change-74.13%
5 Year Changen/a
Change since IPO-16.91%

Recent News & Updates

Not Many Are Piling Into Montrose Environmental Group, Inc. (NYSE:MEG) Stock Yet As It Plummets 32%

Nov 27
Not Many Are Piling Into Montrose Environmental Group, Inc. (NYSE:MEG) Stock Yet As It Plummets 32%

Recent updates

Not Many Are Piling Into Montrose Environmental Group, Inc. (NYSE:MEG) Stock Yet As It Plummets 32%

Nov 27
Not Many Are Piling Into Montrose Environmental Group, Inc. (NYSE:MEG) Stock Yet As It Plummets 32%

Montrose Environmental Group, Inc. (NYSE:MEG) Might Not Be As Mispriced As It Looks After Plunging 27%

Oct 08
Montrose Environmental Group, Inc. (NYSE:MEG) Might Not Be As Mispriced As It Looks After Plunging 27%

Here's Why Montrose Environmental Group (NYSE:MEG) Can Afford Some Debt

Oct 01
Here's Why Montrose Environmental Group (NYSE:MEG) Can Afford Some Debt

Some Montrose Environmental Group, Inc. (NYSE:MEG) Shareholders Look For Exit As Shares Take 33% Pounding

Aug 06
Some Montrose Environmental Group, Inc. (NYSE:MEG) Shareholders Look For Exit As Shares Take 33% Pounding

Is Montrose Environmental Group, Inc. (NYSE:MEG) Trading At A 46% Discount?

Jul 18
Is Montrose Environmental Group, Inc. (NYSE:MEG) Trading At A 46% Discount?

Montrose Environmental Group, Inc.'s (NYSE:MEG) Share Price Could Signal Some Risk

Jun 22
Montrose Environmental Group, Inc.'s (NYSE:MEG) Share Price Could Signal Some Risk

We Think The Compensation For Montrose Environmental Group, Inc.'s (NYSE:MEG) CEO Looks About Right

May 01
We Think The Compensation For Montrose Environmental Group, Inc.'s (NYSE:MEG) CEO Looks About Right

Montrose Environmental Group, Inc.'s (NYSE:MEG) Intrinsic Value Is Potentially 68% Above Its Share Price

Apr 02
Montrose Environmental Group, Inc.'s (NYSE:MEG) Intrinsic Value Is Potentially 68% Above Its Share Price

Montrose Environmental Group, Inc. (NYSE:MEG) Analysts Are Pretty Bullish On The Stock After Recent Results

Mar 03
Montrose Environmental Group, Inc. (NYSE:MEG) Analysts Are Pretty Bullish On The Stock After Recent Results

Is Montrose Environmental Group (NYSE:MEG) Using Too Much Debt?

Feb 23
Is Montrose Environmental Group (NYSE:MEG) Using Too Much Debt?

Unpleasant Surprises Could Be In Store For Montrose Environmental Group, Inc.'s (NYSE:MEG) Shares

Jan 23
Unpleasant Surprises Could Be In Store For Montrose Environmental Group, Inc.'s (NYSE:MEG) Shares

When Should You Buy Montrose Environmental Group, Inc. (NYSE:MEG)?

Oct 26
When Should You Buy Montrose Environmental Group, Inc. (NYSE:MEG)?

Are Montrose Environmental Group, Inc. (NYSE:MEG) Investors Paying Above The Intrinsic Value?

Oct 03
Are Montrose Environmental Group, Inc. (NYSE:MEG) Investors Paying Above The Intrinsic Value?

Is It Time To Consider Buying Montrose Environmental Group, Inc. (NYSE:MEG)?

Jul 14
Is It Time To Consider Buying Montrose Environmental Group, Inc. (NYSE:MEG)?

Montrose Environmental: M&A Activities Picking Up, May Drive Growth

Jun 27

A Look At The Fair Value Of Montrose Environmental Group, Inc. (NYSE:MEG)

May 17
A Look At The Fair Value Of Montrose Environmental Group, Inc. (NYSE:MEG)

When Should You Buy Montrose Environmental Group, Inc. (NYSE:MEG)?

Mar 09
When Should You Buy Montrose Environmental Group, Inc. (NYSE:MEG)?

A Look At The Intrinsic Value Of Montrose Environmental Group, Inc. (NYSE:MEG)

Jan 25
A Look At The Intrinsic Value Of Montrose Environmental Group, Inc. (NYSE:MEG)

Montrose Environmental: Attractive Business Model That Is Insulated From Economic Cycles

Jan 22

Montrose Environmental acquires Huco Consulting; terms not disclosed

Dec 12

Is There Now An Opportunity In Montrose Environmental Group, Inc. (NYSE:MEG)?

Dec 02
Is There Now An Opportunity In Montrose Environmental Group, Inc. (NYSE:MEG)?

Montrose Environmental Group, Inc. (NYSE:MEG) Shares Could Be 46% Below Their Intrinsic Value Estimate

Oct 05
Montrose Environmental Group, Inc. (NYSE:MEG) Shares Could Be 46% Below Their Intrinsic Value Estimate

Montrose Environmental acquires emissions testing services firm AirKinetics

Sep 06

Montrose acquires TriAD Environmental Consultants; terms undisclosed

Aug 04

At US$37.60, Is Montrose Environmental Group, Inc. (NYSE:MEG) Worth Looking At Closely?

Jul 26
At US$37.60, Is Montrose Environmental Group, Inc. (NYSE:MEG) Worth Looking At Closely?

Shareholder Returns

MEGUS Commercial ServicesUS Market
7D-2.4%-0.6%1.4%
1Y-41.6%37.0%33.6%

Return vs Industry: MEG underperformed the US Commercial Services industry which returned 36.1% over the past year.

Return vs Market: MEG underperformed the US Market which returned 32.3% over the past year.

Price Volatility

Is MEG's price volatile compared to industry and market?
MEG volatility
MEG Average Weekly Movement11.1%
Commercial Services Industry Average Movement8.0%
Market Average Movement6.3%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: MEG's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: MEG's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20123,480Vijay Manthripragadawww.montrose-env.com

Montrose Environmental Group, Inc. operates as an environmental services company in the United States, Canada, and internationally. The company operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments; environmental emergency response and recovery; toxicology consulting and environmental audits and permits for current operations; facility upgrades; new projects; decommissioning projects; and development projects.

Montrose Environmental Group, Inc. Fundamentals Summary

How do Montrose Environmental Group's earnings and revenue compare to its market cap?
MEG fundamental statistics
Market capUS$641.42m
Earnings (TTM)-US$47.95m
Revenue (TTM)US$673.08m

0.9x

P/S Ratio

-13.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEG income statement (TTM)
RevenueUS$673.08m
Cost of RevenueUS$408.16m
Gross ProfitUS$264.92m
Other ExpensesUS$312.87m
Earnings-US$47.95m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.40
Gross Margin39.36%
Net Profit Margin-7.12%
Debt/Equity Ratio46.1%

How did MEG perform over the long term?

See historical performance and comparison