NYSE
MEG

Montrose Environmental Grp

Waste Management
Industrials

Prices are adjusted according to historical splits.

Montrose Environmental Grp Stock Price

Vitals

Today's Low:
$32.01
Today's High:
$33.52
Open Price:
$33.3
52W Low:
$28.64
52W High:
$55
Prev. Close:
$33.22
Volume:
336009

Company Statistics

Market Cap.:
$1.00 billion
Book Value:
10.402
Revenue TTM:
$560.36 million
Operating Margin TTM:
-4.65%
Gross Profit TTM:
$192.53 million
Profit Margin:
-6.86%
Return on Assets TTM:
-2.02%
Return on Equity TTM:
-8.23%

Company Profile

Montrose Environmental Grp had its IPO on 1994-11-07 under the ticker symbol MEG.

The company operates in the Industrials sector and Waste Management industry. Montrose Environmental Grp has a staff strength of 3,600 employees.

Stock update

Shares of Montrose Environmental Grp opened at $33.3 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $32.01 - $33.52, and closed at $32.04.

This is a -3.55% slip from the previous day's closing price.

A total volume of 336,009 shares were traded at the close of the day’s session.

In the last one week, shares of Montrose Environmental Grp have slipped by -17.53%.

Montrose Environmental Grp's Key Ratios

Montrose Environmental Grp has a market cap of $1.00 billion, indicating a price to book ratio of 4.3863 and a price to sales ratio of 2.4097.

In the last 12-months Montrose Environmental Grp’s revenue was $560.36 million with a gross profit of $192.53 million and an EBITDA of $18.94 million. The EBITDA ratio measures Montrose Environmental Grp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Montrose Environmental Grp’s operating margin was -4.65% while its return on assets stood at -2.02% with a return of equity of -8.23%.

In Q2, Montrose Environmental Grp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 13.7%.

Montrose Environmental Grp’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-1.66 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Montrose Environmental Grp’s profitability.

Montrose Environmental Grp stock is trading at a EV to sales ratio of 3.0087 and a EV to EBITDA ratio of 39.6636. Its price to sales ratio in the trailing 12-months stood at 2.4097.

Montrose Environmental Grp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$825.67 million
Total Liabilities
$124.59 million
Operating Cash Flow
$-86983000.00
Capital Expenditure
$18.22 million
Dividend Payout Ratio
0%

Montrose Environmental Grp ended 2024 with $825.67 million in total assets and $0 in total liabilities. Its intangible assets were valued at $825.67 million while shareholder equity stood at $465.93 million.

Montrose Environmental Grp ended 2024 with $0 in deferred long-term liabilities, $124.59 million in other current liabilities, -825665000.00 in common stock, $-201390000.00 in retained earnings and $368.56 million in goodwill. Its cash balance stood at $23.31 million and cash and short-term investments were $23.31 million. The company’s total short-term debt was $28,434,000 while long-term debt stood at $155.98 million.

Montrose Environmental Grp’s total current assets stands at $200.61 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $160.83 million compared to accounts payable of $66.43 million and inventory worth $4.89 million.

In 2024, Montrose Environmental Grp's operating cash flow was $-86983000.00 while its capital expenditure stood at $18.22 million.

Comparatively, Montrose Environmental Grp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$32.04
52-Week High
$55
52-Week Low
$28.64
Analyst Target Price
$46.2

Montrose Environmental Grp stock is currently trading at $32.04 per share. It touched a 52-week high of $55 and a 52-week low of $55. Analysts tracking the stock have a 12-month average target price of $46.2.

Its 50-day moving average was $39.89 and 200-day moving average was $40.92 The short ratio stood at 3.3 indicating a short percent outstanding of 0%.

Around 757.6% of the company’s stock are held by insiders while 9975% are held by institutions.

Frequently Asked Questions About Montrose Environmental Grp

The stock symbol (also called stock or share ticker) of Montrose Environmental Grp is MEG

The IPO of Montrose Environmental Grp took place on 1994-11-07

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About

Montrose Environmental Group, Inc. operates as an environmental services company in the United States 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, new projects, decommissioning projects, and development projects. Its technical advisory and consulting services include regulatory compliance support and planning, environmental, and ecosystem and toxicological assessments and support during responses to environmental disruptions. The Measurement and Analysis segment tests and analyzes air, water, and soil to determine concentrations of contaminants, as well as the toxicological impact of contaminants on flora, fauna, and human health. Its services include source and ambient air testing and monitoring, leak detection, and advanced analytical laboratory services, such as air, storm water, wastewater, and drinking water analysis. The Remediation and Reuse segment provides engineering, design, implementation, and operations and maintenance services primarily to treat contaminated water, remove contaminants from soil, or create biogas from waste. The company serves technology, media, chemical, energy, power and utility, industrial and manufacturing, financial, and engineering industries, as well as local, state, provincial, and federal government entities. Montrose Environmental Group, Inc. was founded in 2012 and is headquartered in North Little Rock, Arkansas.

Address

5120 Northshore Drive, North Little Rock, AR, United States, 72118