Montrose Environmental Group, Inc.

NYSE:MEG Stock Report

Market Cap: US$591.7m

Montrose Environmental Group Future Growth

Future criteria checks 1/6

Montrose Environmental Group is forecast to grow earnings and revenue by 81.5% and 10.8% per annum respectively while EPS is expected to grow by 69.2% per annum.

Key information

81.5%

Earnings growth rate

69.2%

EPS growth rate

Commercial Services earnings growth15.6%
Revenue growth rate10.8%
Future return on equityn/a
Analyst coverage

Good

Last updated19 Dec 2024

Recent future growth updates

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?

Earnings and Revenue Growth Forecasts

NYSE:MEG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026834-148634
12/31/2025766-1839577
12/31/2024700-4512477
9/30/2024673-48-225N/A
6/30/2024662-46-1910N/A
3/31/2024648-45-431N/A
12/31/2023624-472356N/A
9/30/2023598-572254N/A
6/30/2023560-551948N/A
3/31/2023541-552742N/A
12/31/2022544-481021N/A
9/30/2022549-392532N/A
6/30/2022551-314452N/A
3/31/2022547-362733N/A
12/31/2021546-423038N/A
9/30/2021511-391219N/A
6/30/2021463-102-21-14N/A
3/31/2021401-77-10-3N/A
12/31/2020328-107-62N/A
9/30/2020287-120-71N/A
6/30/2020260-67411N/A
3/31/2020244-8028N/A
12/31/2019234-431217N/A
12/31/2018189-21-7-3N/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 (9.2% 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: Insufficient data to determine if MEG's Return on Equity is forecast to be high in 3 years time

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:48
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Thomas BurltonBNP Paribas Exane
Andrew GroblerBNP Paribas Exane
Andrew ObinBofA Global Research