Montrose Environmental Group, Inc. (MEG)

NYSE: MEG · IEX Real-Time Price · USD
49.01
+1.02 (2.13%)
May 20, 2024, 4:00 PM EDT - Market closed
2.13%
Market Cap 1.67B
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 177,265
Open 47.96
Previous Close 47.99
Day's Range 47.80 - 49.46
52-Week Range 21.96 - 49.46
Beta 1.91
Analysts Strong Buy
Price Target 47.00 (-4.1%)
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; ... [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 a decrease of -4.10% from the latest price.

Price Target
$47.0
(-4.10% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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Other symbols: CNQCVE
6 days 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 days 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...

11 days 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...

13 days 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...

27 days 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...

4 weeks 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 ...

4 weeks 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...

6 weeks 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...

2 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, ...

2 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 ...

2 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...

3 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...

3 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...

3 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 ...

4 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...

6 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...

7 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.

10 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...

10 months ago - Business Wire

Montrose Environmental Group Acquires Expertise in Water Treatment and PFAS Removal in Scandinavia

LITTLE ROCK, Ark. & DENMARK--(BUSINESS WIRE)--Montrose Environmental Group, Inc. ("Montrose" or the "Company") (NYSE: MEG) today announced the acquisition of Vandrensning, experts in water treatment s...

10 months ago - Business Wire

Montrose Environmental Group Releases 2022 Sustainability Report with Expanded Disclosures

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (“Montrose” or the “Company”) (NYSE: MEG), a leading environmental services company, today released its 2022 Sustainability Repor...

10 months ago - Business Wire

Montrose Environmental Group Announces Timing of Second 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 second quarter 2023 earnings release on T...

10 months ago - Business Wire

ICR Hosts Montrose Environmental Group CEO Vijay Manthripragada on the Welcome to the Arena Podcast

NEW YORK--(BUSINESS WIRE)--ICR, a leading strategic communications and advisory firm, is pleased to announce that Vijay Manthripragada, President and Chief Executive Officer, Montrose Environmental Gr...

11 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 the Company will attend the following investor conferences:...

1 year ago - Business Wire