Montrose Environmental Group, Inc. (MEG)

NYSE: MEG · IEX Real-Time Price · USD
40.69
-1.60 (-3.78%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-3.78%
Market Cap 1.39B
Revenue (ttm) 648.11M
Net Income (ttm) -44.61M
Shares Out 34.08M
EPS (ttm) -1.48
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 288,748
Open 42.19
Previous Close 42.29
Day's Range 40.27 - 42.38
52-Week Range 21.96 - 49.97
Beta 1.91
Analysts Strong Buy
Price Target 47.00 (+15.51%)
Earnings Date Aug 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]

Sector Industrials
IPO Date Jul 23, 2020
Employees 3,200
Stock Exchange NYSE
Ticker Symbol MEG
Full Company Profile

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 Statements

Analyst Forecast

According to 4 analysts, the average rating for MEG stock is "Strong Buy." The 12-month stock price forecast is $47.0, which is an increase of 15.51% from the latest price.

Price Target
$47.0
(15.51% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

15 hours ago - PRNewsWire

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 ...

7 days ago - PRNewsWire

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...

27 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

These stocks could see ‘immense' profits as Canada's economy sinks, says veteran trader

The meme-stock trade is alive and kicking, while the rest of the market stews ahead of Wednesday's inflation data.

Other symbols: CNQCVE
7 weeks ago - Market Watch

Montrose Environmental Group to Present With 3M at the Bank of America Securities 31st Annual Transportation, Airlines, and Industrials Conference

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will present at the Bank of America Securities ...

7 weeks ago - Business Wire

Montrose Environmental (MEG) CEO on 52-Week High After Earnings

Montrose Environmental (MEG) operates as an environmental services company in the U.S., Canada, and internationally. CEO Vijay Manthripragada joins Nicole Petallides to give an overview of the company...

7 weeks ago - Schwab Network

Montrose Environmental Group Announces First Quarter 2024 Results

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the first quarter ended March 31, 2024. Montrose Chi...

2 months ago - Business Wire

Montrose Environmental Group Announces Timing of First 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 first quarter 2024 earnings release on Tu...

2 months ago - Business Wire

Montrose Environmental Group Announces Pricing of Public Offering of Shares

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company” or “Montrose”) (NYSE: MEG) announced today the pricing of the previously announced underwritten public offering by...

2 months ago - Business Wire

Montrose Environmental Group Announces Public Offering of Shares

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company” or “Montrose”) (NYSE: MEG) announced today that it intends to offer for sale 3,000,000 shares of its common stock ...

2 months ago - Business Wire

Montrose Environmental Group Acquires ETA and Announces Increase to 2024 Revenue and Consolidated Adjusted EBITDA Outlook

LITTLE ROCK, Ark. & WALBRIDGE, Ohio--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG), a premier environmental solutions company, today announced the acquisition of Enginee...

3 months ago - Business Wire

Montrose Environmental Group to Present at the Evercore 16th Annual Industrial Conference

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will present at the Evercore 16th Annual Indust...

4 months ago - Business Wire

Montrose Environmental Group Announces Fourth Quarter and Full Year 2023 Results

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the fourth quarter and full year ended December 31, ...

4 months ago - Business Wire

Montrose Environmental Group Acquires Environmental Consultancy Specializing in Regulatory Services in Rocky Mountain Region

LITTLE ROCK, Ark. & ARVADA, Colo.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental solutions company, today announced ...

4 months ago - Business Wire

Montrose Environmental Group Announces Timing of Fourth Quarter and Full Year 2023 Results

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its fourth quarter and full year 2023 earning...

4 months ago - Business Wire

Montrose Environmental Group Upsizes Credit Facility to $400 Million

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG), today announced that it has upsized its Senior Secured Credit Agreement (“Credi...

4 months ago - Business Wire

Montrose Environmental Group Acquires Epic Environmental, Expanding Consultative and Engineering Services in Australia

LITTLE ROCK, Ark. & BRISBANE, Australia--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental services company, today annou...

5 months ago - Business Wire

Montrose Environmental Group to Present at the Needham 26th Annual Growth Conference

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will present at the Needham 26th Annual Growth ...

6 months ago - Business Wire

Montrose Environmental Group Announces Strong Third Quarter 2023 Results

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the third quarter ended September 30, 2023. Montrose...

8 months ago - Business Wire

Montrose Environmental Group Announces Timing of Third Quarter 2023 Results

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its third quarter 2023 earnings release on Tu...

9 months ago - Business Wire

Montrose CEO on the business of cleaning up environmental messes

Montrose Environmental CEO Vijay Manthripragada joins 'The Exchange' to discuss the business of environmental cleanups, serving the private sector to address environmental challenges, and more.

11 months ago - CNBC Television

Montrose Environmental Group Announces Second Quarter 2023 Results

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the second quarter ended June 30, 2023. Montrose Chi...

11 months ago - Business Wire