Montrose Environmental Group, Inc. (MEG)

Market Cap	1.26B
Revenue (ttm)	624.21M
Net Income (ttm)	-47.26M
Shares Out	30.63M
EPS (ttm)	-1.57
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	236,468
Open	39.00
Previous Close	39.04
Day's Range	38.98 - 41.64
52-Week Range	21.96 - 45.96
Beta	2.00
Analysts	Strong Buy
Price Target	47.00 (+13.8%)
Earnings Date	May 7, 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; ...

• Industry: Waste Management
• Sector: Industrials
• IPO Date: Jul 23, 2020
• Employees: 3,100
• Stock Exchange: NYSE
• Ticker Symbol: MEG

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.

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 13.80% from the latest price.

Price Target

$47.0

(13.80% upside)

Analyst Consensus: Strong Buy