Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $11.68 in the prior trading day, Montrose Environmental Group Inc (NYSE: MEG) closed at $10.74, down -8.05%. In other words, the price has decreased by -$8.05 from its previous closing price. On the day, 0.9 million shares were traded. MEG stock price reached its highest trading level at $12.25 during the session, while it also had its lowest trading level at $10.59.
Ratios:
Our goal is to gain a better understanding of MEG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 413.65. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.46.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 06 ’24 when Manthripragada Vijay sold 12,500 shares for $46.51 per share. The transaction valued at 581,388 led to the insider holds 316,637 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 372287072 and an Enterprise Value of 766842176. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 1.101 whereas that against EBITDA is 31.425.
Stock Price History:
The Beta on a monthly basis for MEG is 1.80, which has changed by -0.7594086 over the last 52 weeks, in comparison to a change of -0.034466684 over the same period for the S&P500. Over the past 52 weeks, MEG has reached a high of $49.97, while it has fallen to a 52-week low of $10.88. The 50-Day Moving Average of the stock is -38.21%, while the 200-Day Moving Average is calculated to be -56.24%.
Shares Statistics:
The stock has traded on average 531.90K shares per day over the past 3-months and 622770 shares per day over the last 10 days, according to various share statistics. A total of 34.31M shares are outstanding, with a floating share count of 30.41M. Insiders hold about 12.29% of the company’s shares, while institutions hold 99.16% stake in the company. Shares short for MEG as of 1741910400 were 3188431 with a Short Ratio of 5.99, compared to 1739491200 on 3339596. Therefore, it implies a Short% of Shares Outstanding of 3188431 and a Short% of Float of 9.8900005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
