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Montrose Environmental Group (MEG)
NYSE:MEG
RESEARCH TOOLSreports
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MEG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$16.06 - $49.97
Previous Close$17.89
Volume585.32K
Average Volume (3M)661.44K
Market Cap
$613.64M
Enterprise Value$907.20M
Total Cash (Recent Filing)$13.04M
Total Debt (Recent Filing)$306.61M
Price to Earnings (P/E)―
Beta1.40
Next Earnings
Feb 26, 2025EPS Estimate
-$0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.49
Shares Outstanding34,300,748
10 Day Avg. Volume890,213
30 Day Avg. Volume661,436
Standard Deviation0.17
R-Squared0.26
Alpha-0.00395
Financial Highlights & Ratios
Price to Book (P/B)1.37
Price to Sales (P/S)0.84
Price to Cash Flow (P/CF)12.40
P/FCF Ratio8.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.35
Enterprise Value/Gross Profit3.78
Enterprise Value/Ebitda23.17
Forecast
1Y Price Target
$36.60Price Target Upside104.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Montrose Environmental Group News
PremiumCompany Announcements
Montrose Environmental Group Inc. Reports Record 2024 Results
PremiumCompany Announcements
Montrose Environmental Group Reports Record Q3 2024 ResultsBulls Say, Bears Say
Bulls Say
Acquisitions And Revenue GrowthPositives include two recent acquisitions for $43mn, the U.S. Army Corps of Engineers contract win, and strong per- and polyfluoroalkyl substances (PFAS) consulting and testing revenue growth.
Contract WinsThe U.S. Army Corps of Engineers selected Montrose Environmental Group for a $249MM, five-year contract, highlighting MEG's expertise in environmental solutions and remediation plans.
Organic GrowthMost business lines are seeing double-digit organic growth.
Bears Say
Financial PerformanceTotal company revenues of $179M came in below expectations.
Market PerceptionThere are concerns following the sharp falloff in the share price in recent months.
Regulatory UncertaintyUncertainty on Federal regulations will likely color investors’ perception of MEG’s growth upside and limit the potential for re-rating.
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Ownership Overview
9.03% Insiders
29.65% Mutual Funds
32.47% Other Institutional Investors
15.22% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MEG FAQ
What was Montrose Environmental Group’s price range in the past 12 months?
Montrose Environmental Group lowest stock price was $16.06 and its highest was $49.97 in the past 12 months.
What is Montrose Environmental Group’s market cap?
Currently, no data Available
When is Montrose Environmental Group’s upcoming earnings report date?
Montrose Environmental Group’s upcoming earnings report date is Feb 26, 2025 which is in 93 days.
How were Montrose Environmental Group’s earnings last quarter?
Montrose Environmental Group released its earnings results on Nov 06, 2024. The company reported -$0.39 earnings per share for the quarter, missing the consensus estimate of -$0.082 by -$0.308.
Is Montrose Environmental Group overvalued?
According to Wall Street analysts Montrose Environmental Group’s price is currently Undervalued.
Does Montrose Environmental Group pay dividends?
Montrose Environmental Group does not currently pay dividends.
What is Montrose Environmental Group’s EPS estimate?
Montrose Environmental Group’s EPS estimate is -$0.15.
How many shares outstanding does Montrose Environmental Group have?
Montrose Environmental Group has 34,300,747 shares outstanding.
What happened to Montrose Environmental Group’s price movement after its last earnings report?
Montrose Environmental Group reported an EPS of -$0.39 in its last earnings report, missing expectations of -$0.082. Following the earnings report the stock price went down -2.952%.
Which hedge fund is a major shareholder of Montrose Environmental Group?
Among the largest hedge funds holding Montrose Environmental Group’s share is Royce & Associates LLC. It holds Montrose Environmental Group’s shares valued at 9M.
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Montrose Environmental Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$36.60 (104.58% Upside)
$36.60 (104.58% Upside)
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.9%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-43.61%
12-Months-Change
Fundamentals
Return on Equity
-7.04%
Trailing 12-Months
Asset Growth
20.43%
Trailing 12-Months
Company Description
Montrose Environmental Group
Media General Inc was incorporated as Legacy Media General in Virginia and became a public company in 1969. The Company owns or operates 31 network-affiliated broadcast television stations as well as related websites and mobile news applications. The Company's network affiliations include twelve CBS stations, nine NBC stations, seven ABC stations, one FOX station, one CW station and one MyNetworkTV station. Media General's stations operate across 28 markets, reaching approximately 16.5 million, or 14 percent, of U.S. TV households. The ownership, operation and sale of television stations are subject to the jurisdiction of the Federal Communications Commission, which acts under the authority granted by the Communications Act of 1934, as amended.
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MEG Company Deck
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MEG Earnings Call
Q3 2024
0:00 / 0:00
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MEG Stock 12 Month Forecast
Average Price Target
$36.60
▲(104.58% Upside)
Technical Analysis
Best Analysts Covering MEG
1 Year
1 Year Success Rate
10/28 ratings generated profit
1 Year Average Return
-3.22%
reiterated a buy rating 17 days ago
Copying James Ricchiuti's trades and holding each position for 1 Year would result in 35.71% of your transactions generating a profit, with an average return of -3.22% per trade.
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