Montrose Environmental Group Future Growth
Future criteria checks 1/6
Montrose Environmental Group is forecast to grow earnings and revenue by 59% and 10.8% per annum respectively. EPS is expected to grow by 57.5% per annum. Return on equity is forecast to be -1% in 3 years.
Key information
59.0%
Earnings growth rate
57.5%
EPS growth rate
| Commercial Services earnings growth | 14.9% |
| Revenue growth rate | 10.8% |
| Future return on equity | -1.0% |
| Analyst coverage | Good |
| Last updated | 21 Apr 2024 |
Recent future growth updates
Recent updates
Montrose Environmental Group, Inc.'s (NYSE:MEG) Intrinsic Value Is Potentially 68% Above Its Share Price
Apr 02
Montrose 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 26Montrose Environmental Group: Fairly Valued At Best
Jun 27Are Investors Undervaluing Montrose Environmental Group, Inc. (NYSE:MEG) By 47%?
Jun 19Montrose Environmental Group (NYSE:MEG) Shareholders Will Want The ROCE Trajectory To Continue
Jun 01Montrose Environmental Group, Inc. (NYSE:MEG) Just Reported, And Analysts Assigned A US$60.00 Price Target
May 11Calculating The Intrinsic Value Of Montrose Environmental Group, Inc. (NYSE:MEG)
Mar 08Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 878 | -7 | 66 | 107 | 2 |
| 12/31/2025 | 771 | -23 | 50 | 82 | 7 |
| 12/31/2024 | 706 | -29 | 42 | 72 | 7 |
| 12/31/2023 | 624 | -47 | 23 | 56 | N/A |
| 9/30/2023 | 598 | -57 | 22 | 54 | N/A |
| 6/30/2023 | 560 | -55 | 19 | 48 | N/A |
| 3/31/2023 | 541 | -55 | 28 | 42 | N/A |
| 12/31/2022 | 544 | -48 | 10 | 21 | N/A |
| 9/30/2022 | 549 | -39 | 25 | 32 | N/A |
| 6/30/2022 | 551 | -31 | 44 | 52 | N/A |
| 3/31/2022 | 547 | -36 | 27 | 33 | N/A |
| 12/31/2021 | 546 | -42 | 30 | 38 | N/A |
| 9/30/2021 | 511 | -39 | 12 | 19 | N/A |
| 6/30/2021 | 463 | -102 | -21 | -14 | N/A |
| 3/31/2021 | 401 | -77 | -10 | -3 | N/A |
| 12/31/2020 | 328 | -107 | -6 | 2 | N/A |
| 9/30/2020 | 287 | -120 | -7 | 1 | N/A |
| 6/30/2020 | 260 | -67 | 4 | 11 | N/A |
| 3/31/2020 | 244 | -80 | 2 | 8 | N/A |
| 12/31/2019 | 234 | -43 | 12 | 17 | N/A |
| 12/31/2018 | 189 | -21 | -7 | -3 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MEG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MEG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MEG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: MEG's revenue (10.8% per year) is forecast to grow faster than the US market (8.1% per year).
High Growth Revenue: MEG's revenue (10.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MEG is forecast to be unprofitable in 3 years.