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Montrose Environmental Group NYSE:MEG Stock Report

Last Price

US$32.90

Market Cap

US$1.1b

7D

-4.2%

1Y

-15.3%

Updated

02 Sep, 2024

Data

Company Financials +

Montrose Environmental Group, Inc.

NYSE:MEG Stock Report

Market Cap: US$1.1b

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$32.90
52 Week HighUS$49.97
52 Week LowUS$21.96
Beta1.89
11 Month Change12.86%
3 Month Change-25.18%
1 Year Change-15.32%
33 Year Change-36.73%
5 Year Changen/a
Change since IPO49.55%

Recent News & Updates

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?

Recent updates

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?

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

Shareholder Returns

MEGUS Commercial ServicesUS Market
7D-4.2%0.9%0.5%
1Y-15.3%34.6%22.7%

Return vs Industry: MEG underperformed the US Commercial Services industry which returned 34.6% over the past year.

Return vs Market: MEG underperformed the US Market which returned 22.7% over the past year.

Price Volatility

Is MEG's price volatile compared to industry and market?
MEG volatility
MEG Average Weekly Movement8.5%
Commercial Services Industry Average Movement6.8%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: MEG's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20123,380Vijay 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$1.13b
Earnings (TTM)-US$46.26m
Revenue (TTM)US$662.33m

1.7x

P/S Ratio

-24.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEG income statement (TTM)
RevenueUS$662.33m
Cost of RevenueUS$404.72m
Gross ProfitUS$257.61m
Other ExpensesUS$303.87m
Earnings-US$46.26m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.35
Gross Margin38.89%
Net Profit Margin-6.98%
Debt/Equity Ratio39.2%

How did MEG perform over the long term?

See historical performance and comparison