MEG Stock Overview
Operates as an environmental services company in the United States, Canada, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Montrose Environmental Group, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$17.03 |
| 52 Week High | US$49.97 |
| 52 Week Low | US$15.21 |
| Beta | 1.72 |
| 1 Month Change | -5.07% |
| 3 Month Change | -40.91% |
| 1 Year Change | -46.51% |
| 3 Year Change | -76.23% |
| 5 Year Change | n/a |
| Change since IPO | -22.59% |
Recent News & Updates
Recent updates
Not Many Are Piling Into Montrose Environmental Group, Inc. (NYSE:MEG) Stock Yet As It Plummets 32%
Nov 27
Montrose Environmental Group, Inc. (NYSE:MEG) Might Not Be As Mispriced As It Looks After Plunging 27%
Oct 08Here's Why Montrose Environmental Group (NYSE:MEG) Can Afford Some Debt
Oct 01Some Montrose Environmental Group, Inc. (NYSE:MEG) Shareholders Look For Exit As Shares Take 33% Pounding
Aug 06Is Montrose Environmental Group, Inc. (NYSE:MEG) Trading At A 46% Discount?
Jul 18Montrose Environmental Group, Inc.'s (NYSE:MEG) Share Price Could Signal Some Risk
Jun 22We Think The Compensation For Montrose Environmental Group, Inc.'s (NYSE:MEG) CEO Looks About Right
May 01Montrose Environmental Group, Inc.'s (NYSE:MEG) Intrinsic Value Is Potentially 68% Above Its Share Price
Apr 02Montrose Environmental Group, Inc. (NYSE:MEG) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 03Is Montrose Environmental Group (NYSE:MEG) Using Too Much Debt?
Feb 23Unpleasant Surprises Could Be In Store For Montrose Environmental Group, Inc.'s (NYSE:MEG) Shares
Jan 23When Should You Buy Montrose Environmental Group, Inc. (NYSE:MEG)?
Oct 26Are Montrose Environmental Group, Inc. (NYSE:MEG) Investors Paying Above The Intrinsic Value?
Oct 03Is It Time To Consider Buying Montrose Environmental Group, Inc. (NYSE:MEG)?
Jul 14Montrose Environmental: M&A Activities Picking Up, May Drive Growth
Jun 27A Look At The Fair Value Of Montrose Environmental Group, Inc. (NYSE:MEG)
May 17When Should You Buy Montrose Environmental Group, Inc. (NYSE:MEG)?
Mar 09A Look At The Intrinsic Value Of Montrose Environmental Group, Inc. (NYSE:MEG)
Jan 25Montrose Environmental: Attractive Business Model That Is Insulated From Economic Cycles
Jan 22Montrose Environmental acquires Huco Consulting; terms not disclosed
Dec 12Is There Now An Opportunity In Montrose Environmental Group, Inc. (NYSE:MEG)?
Dec 02Montrose Environmental Group, Inc. (NYSE:MEG) Shares Could Be 46% Below Their Intrinsic Value Estimate
Oct 05Montrose Environmental acquires emissions testing services firm AirKinetics
Sep 06Montrose acquires TriAD Environmental Consultants; terms undisclosed
Aug 04At US$37.60, Is Montrose Environmental Group, Inc. (NYSE:MEG) Worth Looking At Closely?
Jul 26Shareholder Returns
| MEG | US Commercial Services | US Market | |
|---|---|---|---|
| 7D | 3.0% | -6.2% | -3.5% |
| 1Y | -46.5% | 20.3% | 22.1% |
Return vs Industry: MEG underperformed the US Commercial Services industry which returned 20.3% over the past year.
Return vs Market: MEG underperformed the US Market which returned 22.1% over the past year.
Price Volatility
| MEG volatility | |
|---|---|
| MEG Average Weekly Movement | 11.7% |
| Commercial Services Industry Average Movement | 8.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
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 (12%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 3,480 | Vijay Manthripragada | www.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
| MEG fundamental statistics | |
|---|---|
| Market cap | US$561.16m |
| Earnings (TTM) | -US$47.95m |
| Revenue (TTM) | US$673.08m |
0.9x
P/S Ratio-12.2x
P/E RatioIs MEG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEG income statement (TTM) | |
|---|---|
| Revenue | US$673.08m |
| Cost of Revenue | US$408.16m |
| Gross Profit | US$264.92m |
| Other Expenses | US$312.87m |
| Earnings | -US$47.95m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.40 |
| Gross Margin | 39.36% |
| Net Profit Margin | -7.12% |
| Debt/Equity Ratio | 46.1% |
How did MEG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Montrose Environmental Group, Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Burlton | BNP Paribas Exane |
| Andrew Grobler | BNP Paribas Exane |
| Andrew Obin | BofA Global Research |