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Montrose Environmental Group NYSE:MEG Stock Report

Last Price

US$39.17

Market Cap

US$1.2b

7D

-0.6%

1Y

12.5%

Updated

28 Mar, 2024

Data

Company Financials +

Montrose Environmental Group, Inc.

NYSE:MEG Stock Report

Market Cap: US$1.2b

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$39.17
52 Week HighUS$45.96
52 Week LowUS$21.96
Beta2.02
1 Month Change18.52%
3 Month Change21.91%
1 Year Change12.46%
3 Year Change-27.93%
5 Year Changen/a
Change since IPO78.05%

Recent News & Updates

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

Recent updates

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?

Montrose Environmental Group: Fairly Valued At Best

Jun 27

Are Investors Undervaluing Montrose Environmental Group, Inc. (NYSE:MEG) By 47%?

Jun 19
Are Investors Undervaluing Montrose Environmental Group, Inc. (NYSE:MEG) By 47%?

Montrose Environmental Group (NYSE:MEG) Shareholders Will Want The ROCE Trajectory To Continue

Jun 01
Montrose Environmental Group (NYSE:MEG) Shareholders Will Want The ROCE Trajectory To Continue

Montrose Environmental Group, Inc. (NYSE:MEG) Just Reported, And Analysts Assigned A US$60.00 Price Target

May 11
Montrose Environmental Group, Inc. (NYSE:MEG) Just Reported, And Analysts Assigned A US$60.00 Price Target

Calculating The Intrinsic Value Of Montrose Environmental Group, Inc. (NYSE:MEG)

Mar 08
Calculating The Intrinsic Value Of Montrose Environmental Group, Inc. (NYSE:MEG)

Montrose Environmental Group Sees Growth But Lower Margins

Dec 09

Montrose Environmental Group (NYSE:MEG) Might Have The Makings Of A Multi-Bagger

Nov 28
Montrose Environmental Group (NYSE:MEG) Might Have The Makings Of A Multi-Bagger

Shareholder Returns

MEGUS Commercial ServicesUS Market
7D-0.6%2.3%0.4%
1Y12.5%36.5%28.8%

Return vs Industry: MEG underperformed the US Commercial Services industry which returned 36.5% over the past year.

Return vs Market: MEG underperformed the US Market which returned 28.8% over the past year.

Price Volatility

Is MEG's price volatile compared to industry and market?
MEG volatility
MEG Average Weekly Movement10.7%
Commercial Services Industry Average Movement6.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

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

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
20123,100Vijay Manthripragadahttps://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

How do Montrose Environmental Group's earnings and revenue compare to its market cap?
MEG fundamental statistics
Market capUS$1.17b
Earnings (TTM)-US$47.26m
Revenue (TTM)US$624.21m

1.9x

P/S Ratio

-25.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEG income statement (TTM)
RevenueUS$624.21m
Cost of RevenueUS$383.90m
Gross ProfitUS$240.31m
Other ExpensesUS$287.56m
Earnings-US$47.26m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.55
Gross Margin38.50%
Net Profit Margin-7.57%
Debt/Equity Ratio34.4%

How did MEG perform over the long term?

See historical performance and comparison
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