Montrose Environmental Group, Inc. (MEG)
Market Cap | 584.14M |
Revenue (ttm) | 673.08M |
Net Income (ttm) | -47.95M |
Shares Out | 34.30M |
EPS (ttm) | -1.50 |
PE Ratio | n/a |
Forward PE | 10.73 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 446,938 |
Open | 15.89 |
Previous Close | 16.36 |
Day's Range | 15.89 - 17.36 |
52-Week Range | 15.21 - 49.97 |
Beta | 1.72 |
Analysts | Buy |
Price Target | 35.67 (+109.45%) |
Earnings Date | Nov 6, 2024 |
About MEG
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; ... [Read more]
Financial Performance
In 2023, MEG's revenue was $624.21 million, an increase of 14.66% compared to the previous year's $544.42 million. Losses were -$47.26 million, -1.99% less than in 2022.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for MEG stock is "Buy." The 12-month stock price forecast is $35.67, which is an increase of 109.45% from the latest price.
News
Montrose Environmental Group Selected by Sydney Water to Install PFAS Treatment System
LITTLE ROCK, Ark. , Dec. 18, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. (NYSE: MEG), a global environmental solutions company, was selected to install its per- and polyfluorinated substan...
MONTROSE ENVIRONMENTAL GROUP TO ATTEND THE BAIRD 2024 GLOBAL INDUSTRIAL CONFERENCE
LITTLE ROCK, Ark. , Nov. 11, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) today announced that the Company will attend the Baird 2024 Global...
Montrose Environmental Group, Inc. (MEG) Q3 2024 Earnings Call Transcript
Montrose Environmental Group, Inc. (NYSE:MEG) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Adrianne Griffin - Senior Vice President, Investor Relations & Treasury...
Montrose Environmental Group Reports Record Third Quarter and First Nine Months 2024 Results, Reaffirms Guidance, and Updates Strategic Capital Allocation Priorities
Third Quarter 2024 Highlights (comparisons to third quarter 2023) Highest-ever total revenue of $178.7 million, an increase of $10.8 million, or 6.4% Net loss of $10.6 million, or $0.39 net loss per d...
Montrose Environmental Group Announces Timing of Third Quarter 2024 Results and Conference Call
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today the planned dates for its third quarter 2024 results and confere...
Montrose Environmental Group Selected for $249 Million U.S. Army Corps of Engineers Environmental Services Contract
LITTLE ROCK, Ark. , Oct. 15, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. (together with its subsidiaries, "Montrose" or "the Company") (NYSE: MEG), a leading provider of innovative environ...
SeekOps Establishes Partnership Agreement with Sensible EDP™, a Montrose Environmental Company
AUSTIN, Texas--(BUSINESS WIRE)--SeekOps Establishes Partnership Agreement with Sensible EDP, a Montrose Environmental Company.
Montrose Environmental Group Supports Transformation of Indigenous Land in Alaska
LITTLE ROCK, Ark. , Sept. 24, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth global environmental solutions company, today shared insi...
Montrose Environmental Group Acquires Origins Laboratory, Strategically Expanding Environmental Testing Operations in Rocky Mountain Region
LITTLE ROCK, Ark. and DENVER , Sept.
Montrose Environmental Group to Attend the Jefferies Industrials Conference
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will attend the Jefferies Industrials Conferenc...
Montrose Environmental Group-Backed TreaTech Installs First Circular Waste Treatment Unit
LITTLE ROCK, Ark. & LONAY, Switzerland , Aug. 20, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth global environmental solutions compan...
Montrose Environmental Group, Inc. (MEG) Q2 2024 Earnings Call Transcript
Montrose Environmental Group, Inc. (NYSE:MEG) Q2 2024 Results Conference Call August 7, 2024 8:30 AM ET Company Participants Adrianne Griffin - Senior Vice President, Investor Relations and Treasury ...
Montrose Environmental Group Reports Record Second Quarter and First Half 2024 Results, Reaffirms Guidance, and Advances Strategic Capital Allocation Priorities
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the second quarter and first half periods ended June...
Montrose Environmental Group Deploys Leak Detection Sensor Network to Reduce Emissions in Gulf Coast Refinery
LITTLE ROCK, Ark. , July 30, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth global environmental solutions company, today shared insig...
Montrose Environmental Group Partners with Waste Connections to Use Patented PFAS Treatment System to Address PFAS-Impacted Landfill Leachate
LITTLE ROCK, Ark. and TORONTO , July 23, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose") (NYSE: MEG), a high-growth global environmental solutions company, and Waste Connections (...
Montrose Environmental Group Announces Timing of Second Quarter 2024 Results
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its second quarter 2024 earnings release on T...
Montrose Environmental Group Implements Proprietary Technology to Address Colorado Air Monitoring Regulations
LITTLE ROCK, Ark. , July 16, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth global environmental solutions company, today shared insig...
Montrose Environmental Group Reaffirms Positive Outlook Following U.S. Regulatory Catalysts
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will participate in a fireside chat with Willia...
Montrose Environmental Group Pioneers First-Ever LDAR Alternative Work Practice in a United States Refinery
LITTLE ROCK, Ark. , July 9, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth, global environmental solutions company, today shared insig...
Montrose Environmental Group Acquires Spirit Environmental, Expanding Air Consulting Capabilities Across the Central United States
LITTLE ROCK, Ark. & HOUSTON--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental solutions company, today announced the ac...
Montrose Environmental Group Releases 2023 Sustainability Report Executive Summary
LITTLE ROCK, Ark. , July 2, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth global environmental solutions company, today released its ...
Montrose Environmental Group Releases 2023 Sustainability Report
LITTLE ROCK, Ark., June 25, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth global environmental solutions company, today released its ...
Montrose Environmental Group Acquires Canadian Environmental Consultancy Specializing in Soils, Vegetation and Wetlands Development and Reclamation in Western Canada
LITTLE ROCK, Ark. & EDMONTON, Alberta--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental solutions company, today announ...
Montrose Environmental Group to Attend Upcoming Investor Conferences
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that President and Chief Executive Officer, Vijay Manthripragada...
Montrose Environmental Group Leadership, 3M Chief Technology Officer Discuss Successful Advancements for Removal of “Forever Chemicals” from Water
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG) today shared highlights from its presentation with 3M Company at the Bank of America 31st Annual Transpo...