Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Montrose Environmental Group Inc (NYSE: MEG) closed at $28.0 in the last session, down -0.28% from day before closing price of $28.08. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 0.65 million shares were traded. MEG stock price reached its highest trading level at $28.185 during the session, while it also had its lowest trading level at $27.68.
Ratios:
We take a closer look at MEG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 94.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.61.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on April 04, 2025, Reiterated its Buy rating but revised its target price to $28 from $39 previously.
On December 19, 2024, Needham reiterated its Buy rating and also upped its target price recommendation from $44 to $39.
JP Morgan Downgraded its Overweight to Neutral on November 08, 2024, whereas the target price for the stock was revised from $48 to $29.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 13 ’25 when Colman Vincent bought 2,600 shares for $18.85 per share. The transaction valued at 49,010 led to the insider holds 7,996 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MEG now has a Market Capitalization of 988022016 and an Enterprise Value of 1341728768. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 1.72 whereas that against EBITDA is 32.416.
Stock Price History:
The Beta on a monthly basis for MEG is 1.84, which has changed by -0.15662652 over the last 52 weeks, in comparison to a change of 0.15005577 over the same period for the S&P500. Over the past 52 weeks, MEG has reached a high of $34.56, while it has fallen to a 52-week low of $10.51. The 50-Day Moving Average of the stock is 21.77%, while the 200-Day Moving Average is calculated to be 43.12%.
Shares Statistics:
According to the various share statistics, MEG traded on average about 423.63K shares per day over the past 3-months and 791110 shares per day over the past 10 days. A total of 35.27M shares are outstanding, with a floating share count of 32.78M. Insiders hold about 7.11% of the company’s shares, while institutions hold 98.41% stake in the company. Shares short for MEG as of 1753920000 were 3255086 with a Short Ratio of 7.68, compared to 1751241600 on 2916805. Therefore, it implies a Short% of Shares Outstanding of 3255086 and a Short% of Float of 9.91.
