Montrose Environmental Group, Inc. (MEG)

NYSE: MEG · IEX Real-Time Price · USD
33.96
+0.77 (2.32%)
Jun 29, 2022 4:00 PM EDT - Market closed
2.32%
Market Cap 1.01B
Revenue (ttm) 547.28M
Net Income (ttm) -37.67M
Shares Out 29.68M
EPS (ttm) -1.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 129,419
Open 32.97
Previous Close 33.19
Day's Range 32.81 - 34.26
52-Week Range 28.36 - 80.42
Beta n/a
Analysts Buy
Price Target 59.50 (+75.2%)
Earnings Date Aug 9, 2022

About MEG

Montrose Environmental Group, Inc. operates as an environmental services company in the United States. 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... [Read more...]

Industry Media
IPO Date Jul 23, 2020
Employees 2,700
Stock Exchange NYSE
Ticker Symbol MEG
Full Company Profile

Financial Performance

In 2021, MEG's revenue was $546.41 million, an increase of 66.47% compared to the previous year's $328.24 million. Losses were -$25.33 million, -56.30% less than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for MEG stock is "Buy." The 12-month stock price forecast is 59.5, which is an increase of 75.21% from the latest price.

Price Target
$59.5
(75.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Montrose Environmental Group Issues Statement on Ransomware Attack

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Over this past weekend, Montrose Environmental Group, Inc. (NYSE: MEG) determined that it was the target of an organized ransomware attack. Based on information curre...

Montrose Environmental Group to Present at the William Blair 42nd Annual Growth Stock 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 William Blair 42nd Annual Gro...

Montrose Environmental Group to Present at the Stifel 2022 Cross Sector Insight 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 Stifel 2022 Cross Sector Insi...

Montrose Environmental (MEG) Reports Q1 Loss, Tops Revenue Estimates

Montrose Environmental (MEG) delivered earnings and revenue surprises of -1,200% and 0.92%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Montrose Environmental Group Announces First Quarter 2022 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, 2022. First Quarter ...

Montrose Environmental Group Announces Timing of First Quarter 2022 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 2022 earnings release on Mond...

Montrose Environmental Group Announces Fourth Quarter and Full Year 2021 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, 20...

Montrose Environmental (MEG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Montrose Environmental (MEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Montrose Environmental Group Announces Timing of Fourth Quarter and Full Year 2021 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 2021 earnings ...

Montrose Acquires Environmental Standards For Undisclosed Sum

Montrose Environmental Group Inc (NYSE: MEG) has acquired environmental consulting firm Environmental Standards, Inc. for undisclosed financial terms. The transaction expands Montrose's integration of c...

Montrose Environmental Group Acquires Environmental Standards, Inc.

LITTLE ROCK, Ark. & VALLEY FORGE, Pa.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG) today announced the acquisition of Environmental Standards, Inc. Environmental Standar...

Reasons to Hold on to Montrose Environmental (MEG) Stock

Montrose Environmental Group (MEG) is benefiting from robust organic growth across service lines.

Montrose Environmental Group to Present at the Needham 24th 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 24th Annual Growth Co...

Montrose Environmental Group to Attend Capital One Securities 16th Annual Energy 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 Capital One Securities 16th Annua...

Montrose Environmental (MEG) Lags Q3 Earnings Estimates

Montrose Environmental (MEG) delivered earnings and revenue surprises of -42.86% and 10.20%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Montrose Environmental Group Announces Third Quarter 2021 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, 2021. Third Quar...

Montrose Acquires Environmental Consulting Firm Horizon For Undisclosed Sum

Montrose Environmental Group Inc (NYSE: MEG) acquires Horizon Water and Environment, LLC for undisclosed financial terms. Oakland, California-based Horizon performs various environmental consulting serv...

Montrose Environmental Group Acquires Horizon Water and Environment, LLC

LITTLE ROCK, Ark. & OAKLAND, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG) today announced the acquisition of Horizon Water and Environment, LLC (“Horizon”), an en...

Montrose Environmental Group Announces Timing of Third Quarter 2021 Results

IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its third quarter 2021 earnings release on Tuesday...

Montrose Environmental Group Acquires Environmental Chemistry, Inc.

LITTLE ROCK, Ark. & HOUSTON--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG) today announced the acquisition of Environmental Chemistry, Inc. (“ECI”), a full-service environ...

Montrose Environmental Group Announces Pricing of Upsized Public Offering

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 t...

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 1,750,000 shares of its common stock in...

Montrose Environmental (MEG) Reports Q2 Loss, Tops Revenue Estimates

Montrose Environmental (MEG) delivered earnings and revenue surprises of -244.44% and 14.52%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Montrose Environmental Group Announces Second Quarter 2021 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, 2021. Second Quarter...

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