Montrose Environmental Group, Inc. (MEG)

NYSE: MEG · Real-Time Price · USD
19.33
+1.76 (10.02%)
At close: May 12, 2025, 4:00 PM
19.33
0.00 (0.00%)
After-hours: May 12, 2025, 7:00 PM EDT
10.02%
Market Cap 661.40M
Revenue (ttm) 718.90M
Net Income (ttm) -79.32M
Shares Out 34.22M
EPS (ttm) -2.33
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 742,863
Open 18.82
Previous Close 17.57
Day's Range 18.17 - 19.44
52-Week Range 10.51 - 49.97
Beta 1.80
Analysts Buy
Price Target 31.80 (+64.51%)
Earnings Date May 7, 2025

About MEG

Montrose Environmental Group, Inc. operates as an environmental services company in the United States, Canada, and internationally. It operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The company offers 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 deve... [Read more]

Sector Industrials
IPO Date Jul 23, 2020
Employees 3,410
Stock Exchange NYSE
Ticker Symbol MEG
Full Company Profile

Financial Performance

In 2024, MEG's revenue was $696.40 million, an increase of 11.56% compared to the previous year's $624.21 million. Losses were -$73.38 million, 55.3% more than in 2023.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MEG stock is "Buy." The 12-month stock price forecast is $31.8, which is an increase of 64.51% from the latest price.

Price Target
$31.8
(64.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Montrose Environmental Group: Record Q1 Results Don't Get It Much Closer To Profitability

Montrose Environmental Group shows strong revenue growth but struggles with profitability, with net losses increasing despite higher revenues and adjusted EBITDA. Q1 2025 revenue rose 14.5% to $177.8M...

16 hours ago - Seeking Alpha

Montrose Environmental Group, Inc. (MEG) Q1 2025 Earnings Call Transcript

Montrose Environmental Group, Inc. (NYSE:MEG) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Adrianne Griffin - Senior Vice President, Investor Relations and Treasury Vi...

1 day ago - Seeking Alpha

Montrose Environmental Group Reports Record First Quarter Results, Increases 2025 Guidance, and Announces Inaugural Stock Repurchase Program

First Quarter 2025 Highlights (comparisons to first quarter 2024) Highest-ever first quarter revenue of $177.8 million, an increase of $22.5 million, or 14.5% Net loss of $19.4 million, or $0.64 net l...

5 days ago - PRNewsWire

Montrose Environmental Group Protects Local Communities by Removing Forever Chemicals from Landfills and Local Sites

Innovative PFAS treatment solutions support health and safety of residents LAS VEGAS , May 5, 2025 /PRNewswire/ -- Waste Expo, Las Vegas – Montrose Environmental Group (NYSE: MEG) is on a mission to h...

7 days ago - PRNewsWire

Montrose Environmental Group Awarded $4M AUD Environmental Services Contract for Major Mining Operation in Australia

Project supports rapidly growing global steel demand with scalable, sustainable solutions SYDNEY , April 23, 2025 /PRNewswire/ -- Montrose Environmental Group (NYSE: MEG) is on a mission to help prote...

19 days ago - PRNewsWire

Montrose Environmental Group Announces Timing of First Quarter 2025 Results

LITTLE ROCK, Ark. , April 22, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) is on a mission to help protect the air we breathe, the water we ...

20 days ago - PRNewsWire

Montrose Selected By Energy Major to Deliver Methane Monitoring at Scale

LITTLE ROCK, Ark. , April 14, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company", "Montrose" or "MEG") (NYSE: MEG) is on a mission to help protect the air we breathe, the water we ...

4 weeks ago - PRNewsWire

Montrose Environmental Affirms 2025 Guidance Given Continuation of Strong Demand for Services

LITTLE ROCK, Ark. , April 9, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company", "Montrose" or "MEG") (NYSE: MEG) is on a mission to help protect the air we breathe, the water we d...

4 weeks ago - PRNewsWire

Montrose Environmental Group Wins Four Environment+Energy Leader Awards

Recognized for Top Product Business & Infrastructure and three Top Project Environmental Impact LITTLE ROCK, Ark. , April 2, 2025 /PRNewswire/ -- Montrose Environmental Group (NYSE: MEG) is on a missi...

5 weeks ago - PRNewsWire

Laboratory Expertise Drives Growth for Montrose Environmental Group While Fostering Community Health and Safety

Client delivery excellence and industry-leading capabilities support record revenue for Montrose Measurement & Analysis segment LITTLE ROCK, Ark. , March 4, 2025 /PRNewswire/ -- Montrose Environmental...

2 months ago - PRNewsWire

Montrose Environmental Group Selected by US Air Force as One of Top Environmental Firms for $1.5 Billion MATOC Contract

Montrose to support environmental restoration and planning work at Air Force installations worldwide over the next 10 years LITTLE ROCK, Ark. , March 3, 2025 /PRNewswire/ -- Montrose Environmental Gro...

2 months ago - PRNewsWire

Montrose Environmental Group to Attend the Evercore 17th Annual Industrial Conference

LITTLE ROCK, Ark. , Feb. 28, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG), a company on a mission to help protect the air we breathe, the wa...

2 months ago - PRNewsWire

Montrose Environmental Group, Inc. (MEG) Q4 2024 Earnings Call Transcript

Montrose Environmental Group, Inc. (NYSE:MEG) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Adrianne Griffin - SVP, Investor Relations & Treasury Vijay Manthripra...

2 months ago - Seeking Alpha

Montrose Environmental Group Reports Record Fourth Quarter and Full Year 2024 Results and Provides Strong 2025 Guidance

Fourth Quarter 2024 Highlights (comparisons to fourth quarter 2023) Highest-ever quarterly revenue of $189.1 million, an increase of $21.3 million, or 14.1% Net loss of $28.2 million, or $0.90 net los...

2 months ago - PRNewsWire

Montrose Environmental Group Announces the Appointment of Vincent Colman to Board of Directors and Audit Committee

LITTLE ROCK, Ark. , Feb. 20, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (NYSE: MEG), a global environmental solutions company, announced the appointment of Mr.

2 months ago - PRNewsWire

Montrose Environmental Group Announces Timing Of Fourth Quarter And Full Year 2024 Results

LITTLE ROCK, Ark. , Feb. 13, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) announced today the planned dates for its fourth-quarter and full-...

3 months ago - PRNewsWire

Montrose Environmental Group Needham Conference Update

LITTLE ROCK, Ark. , Jan. 13, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) today announced that due to the wildfires in southern California, ...

4 months ago - PRNewsWire

Montrose Environmental Group to Attend the Needham 27th Annual Growth Conference

LITTLE ROCK, Ark. , Jan. 8, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) today announced that the Company will present at the Needham 27th A...

4 months ago - PRNewsWire

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...

5 months 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...

6 months 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 months 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 months 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...

7 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...

7 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.

8 months ago - Business Wire