Montrose EnvironmentalMEG
MEG
About: Montrose Environmental Group Inc is an environmental services company. The firm's operating segments are Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. Through its Assessment, Permitting, and Response segment, the company provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits. Measurement and Analysis include test and analysis of air, water, and soil to determine concentrations of contaminants whereas, the Remediation and Reuse segment provide clients with engineering, design, implementation, operations and maintenance services, to treat contaminated water, remove contaminant or create biogas. United States Contributes the majority of geographic revenue.
Employees: 3,410
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
49% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 47
1.09% more ownership
Funds ownership: 97.12% [Q3] → 98.21% (+1.09%) [Q4]
9% less funds holding
Funds holding: 180 [Q3] → 164 (-16) [Q4]
17% less call options, than puts
Call options by funds: $6.69M | Put options by funds: $8.09M
29% less capital invested
Capital invested by funds: $875M [Q3] → $624M (-$251M) [Q4]
33% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 46
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$30
56%
upside
Avg. target
$30
56%
upside
High target
$30
56%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Needham James Ricchiuti 50% 1-year accuracy 57 / 113 met price target | 56%upside $30 | Buy Maintained | 9 May 2025 |
Financial journalist opinion
Based on 8 articles about MEG published over the past 30 days
Positive
Seeking Alpha
3 days ago
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, but net loss widened to $19.4M; adjusted EBITDA guidance for 2025 increased by $2M. The Company's valuation multiples are lower than sector medians, but it may not be a bargain due to continued net losses and high forward P/E.
Neutral
Seeking Alpha
4 days ago
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 Vijay Manthripragada - President and CEO Allan Dicks - Chief Financial Officer Conference Call Participants Tim Mulrooney - William Blair Chris Grego - Needham David Ridley Lane - Bank of America Operator Good morning. And welcome to the Montrose Environmental Group's First Quarter 2025 Earnings Call.
Positive
Zacks Investment Research
1 week ago
Compared to Estimates, Montrose Environmental (MEG) Q1 Earnings: A Look at Key Metrics
The headline numbers for Montrose Environmental (MEG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 week ago
Montrose Environmental (MEG) Tops Q1 Earnings and Revenue Estimates
Montrose Environmental (MEG) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.12 per share. This compares to earnings of $0.16 per share a year ago.
Neutral
PRNewsWire
1 week ago
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 loss per diluted share attributable to common stockholders (LPS), and Adjusted Net Income1 of $5.8 million, or $0.07 Diluted Adjusted Net Income per share1 (Adj EPS) Highest-ever first quarter Consolidated Adjusted EBITDA1 of $19.0 million, an increase of $2.1 million, or 12.5% Highest-ever first quarter operating cash flow of $5.5 million, an increase of $27.5 million Reported leverage ratio of 2.2x as of March 31, 2025, and significant liquidity of $294.2 million, including $30.3 million of cash and $263.9 million available under the revolving credit facility Increased 2025 Guidance Increased expected full year 2025 Consolidated Adjusted EBITDA1 to a range of $103.0 million to $110.0 million, from $101.0 million to $108.0 million previously Reaffirms expected full year 2025 revenue within a range of $735.0 million to $785.0 million Expects full year 2025 Consolidated Adjusted EBITDA1 expansion and higher operating cash flow generation Strategic Capital Allocation Update Announced inaugural stock repurchase program of up to $40.0 million Executed on capital allocation priorities and redeemed $60.0 million of preferred equity in April 2025 LITTLE ROCK, Ark. , May 7, 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 drink, and the soil that feeds us, and aims to enhance environmental stewardship and economic development.
Neutral
PRNewsWire
1 week ago
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 help protect the air we breathe, the water we drink, and the soil that feeds us. The company's innovative PFAS treatment solutions have been deployed at Smith Creek Landfill in St. Clair County, Michigan and West Deptford Township, New Jersey.
Neutral
PRNewsWire
3 weeks ago
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 protect the air we breathe, the water we drink, and the soil that feeds us to enhance environmental stewardship while supporting economic development. The company has been awarded a $4 million AUD contract to deliver comprehensive environmental services for a major mining operation in Australia's Bowen Basin—a key hub for metallurgical coal used in steel production.
Neutral
PRNewsWire
3 weeks ago
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 drink, and the soil that feeds us, and aims to enhance environmental stewardship and economic development.
Neutral
PRNewsWire
1 month ago
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 drink, and the soil that feeds us, and aims to enhance environmental stewardship and economic development.
Neutral
PRNewsWire
1 month ago
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 drink, and the soil that feeds us, and aims to enhance environmental stewardship and economic development.
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