Montrose Environmental Group (MEG) Stock Price, News & Analysis

Company Overview

Montrose Environmental Group is a global environmental services firm that provides a broad range of consulting, field, laboratory and remediation services. With roots dating back to the mid-1980s, the company has grown through strategic acquisitions and organic expansion to deliver comprehensive environmental, health and safety solutions to public and private sector clients. Montrose helps organizations comply with evolving regulations, manage risk and advance sustainability initiatives across complex projects.

The company’s service offerings span air quality monitoring, water and wastewater management, soil and groundwater assessment, ecological and biological studies, and industrial hygiene. Montrose operates accredited laboratories that perform environmental testing, analytical chemistry and toxicology services to support site characterization and regulatory reporting. In addition, the firm provides remediation design and implementation, asbestos and lead management, emerging contaminant investigations and data analytics to optimize project outcomes.

Montrose Environmental Group serves clients in a variety of industries, including energy, manufacturing, commercial real estate, telecommunications, transportation and government agencies. With a network of more than 100 offices and laboratories across North America, Europe and the Asia-Pacific region, the company leverages local expertise and regional knowledge to address site-specific challenges. Its multidisciplinary teams collaborate with project stakeholders from initial site assessment through long-term monitoring and regulatory closure.

Since becoming a publicly traded company on the NYSE in 2021, Montrose has continued to invest in technology, geographic expansion and talent development. Under the leadership of CEO Bryan Neale and an experienced executive team, the firm emphasizes client service excellence, innovation in environmental science and a commitment to health and safety. Montrose’s integrated platform aims to deliver consistent, high-quality solutions that help clients meet environmental objectives and support sustainable development around the world.

Key Stats

• Today's Range: $22.77 to $23.69
• 50-Day Range: $14.96 to $23.64
• 52-Week Range: $10.51 to $40.84
• Volume: 213,785 shs
• Average Volume: 548,763 shs
• Market Capitalization: $799.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $31.80
• Consensus Rating: Moderate Buy

Montrose Environmental Group Stock Analysis - MarketRank™

Montrose Environmental Group scored higher than 55% of companies evaluated by MarketBeat, and ranked 163rd out of 320 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Montrose Environmental Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Montrose Environmental Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 84.62%

Earnings Growth

Earnings for Montrose Environmental Group are expected to grow by 84.62% in the coming year, from $0.13 to $0.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Montrose Environmental Group is -9.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Montrose Environmental Group is -9.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Montrose Environmental Group has a PEG Ratio of 8.07. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Montrose Environmental Group has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.56% of the float of Montrose Environmental Group has been sold short.

Short Interest Ratio / Days to Cover

Montrose Environmental Group has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in Montrose Environmental Group has recently increased by 1.74%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Montrose Environmental Group does not currently pay a dividend.

Dividend Growth

Montrose Environmental Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.56% of the float of Montrose Environmental Group has been sold short.

Short Interest Ratio / Days to Cover

Montrose Environmental Group has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in Montrose Environmental Group has recently increased by 1.74%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.34

News Sentiment

Montrose Environmental Group has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.95 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Montrose Environmental Group this week, compared to 5 articles on an average week.

Search Interest

Only 2 people have searched for MEG on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Montrose Environmental Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Montrose Environmental Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.20% of the stock of Montrose Environmental Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

87.87% of the stock of Montrose Environmental Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MEG Stock Analysis - Frequently Asked Questions

How have MEG shares performed this year?

Montrose Environmental Group's stock was trading at $18.55 at the beginning of the year. Since then, MEG stock has increased by 24.3% and is now trading at $23.0650.

How were Montrose Environmental Group's earnings last quarter?

Montrose Environmental Group, Inc. (NYSE:MEG) announced its quarterly earnings data on Monday, August, 9th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.63. The firm earned $136.22 million during the quarter, compared to analyst estimates of $118.95 million. Montrose Environmental Group had a negative trailing twelve-month return on equity of 3.59% and a negative net margin of 9.50%.

Is Montrose Environmental Group doing a stock buyback?

Montrose Environmental Group's Board of Directors authorized a stock buyback plan on Wednesday, May 7th 2025, which permits the company to buy back $40,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 7.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

When did Montrose Environmental Group IPO?

Montrose Environmental Group (MEG) raised $160 million in an initial public offering on Thursday, July 23rd 2020. The company issued 10,000,000 shares at a price of $15.00-$17.00 per share. BofA Securities and William Blair served as the underwriters for the IPO and BNP PARIBAS, Capital One Securities, Stifel and Needham & Company were co-managers.

How do I buy shares of Montrose Environmental Group?

Shares of MEG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Montrose Environmental Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Montrose Environmental Group investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 8/09/2021
• Today: 7/13/2025
• Next Earnings (Estimated): 8/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Waste Removal Svcs
• Sub-Industry: Business Services
• Current Symbol: NYSE:MEG
• CIK: 1643615
• Web: www.montrose-env.com
• Phone: 501-900-6400
• Fax: N/A
• Employees: 3,410
• Year Founded: 2012

Price Target and Rating

• Average Price Target for Montrose Environmental Group: $31.80
• High Price Target: $38.00
• Low Price Target: $29.00
• Potential Upside/Downside: +37.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.32)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 177.42
• P/E Growth: 8.07
• Net Income: -$62.31 million
• Net Margins: -9.50%
• Pretax Margin: -8.06%
• Return on Equity: -3.59%
• Return on Assets: -1.63%

Debt

• Debt-to-Equity Ratio: 0.58
• Current Ratio: 2.05
• Quick Ratio: 2.05

Sales & Book Value

• Annual Sales: $696.40 million
• Price / Sales: 1.15
• Cash Flow: $1.62 per share
• Price / Cash Flow: 14.21
• Book Value: $13.01 per share
• Price / Book: 1.77

Miscellaneous

• Outstanding Shares: 34,660,000
• Free Float: 30,539,000
• Market Cap: $799.43 million
• Optionable: Optionable
• Beta: 1.90