Montrose Environmental Group, Inc. (MEG)

NYSE: MEG · Real-Time Price · USD
17.03
+0.67 (4.10%)
Dec 20, 2024, 4:00 PM EST - Market closed
4.10%
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]

Sector Industrials
IPO Date Jul 23, 2020
Employees 3,100
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 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.

Price Target
$35.67
(109.45% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 days ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - PRNewsWire

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...

2 months ago - Business Wire

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...

2 months ago - PRNewsWire

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.

3 months ago - Business Wire

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...

3 months ago - PRNewsWire

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...

4 months ago - Business Wire

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...

4 months ago - PRNewsWire

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 ...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

5 months ago - PRNewsWire

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 (...

Other symbols: WCN
5 months ago - PRNewsWire

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...

5 months ago - Business Wire

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...

5 months ago - PRNewsWire

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...

5 months ago - Business Wire

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...

5 months ago - PRNewsWire

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...

5 months ago - Business Wire

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 ...

6 months 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 ...

6 months 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...

7 months 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...

7 months 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...

7 months ago - Business Wire