Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Montrose Environmental Group Inc (NYSE: MEG) closed at $27.29 up 7.82% from its previous closing price of $25.31. In other words, the price has increased by $7.82 from its previous closing price. On the day, 1.32 million shares were traded. MEG stock price reached its highest trading level at $27.65 during the session, while it also had its lowest trading level at $25.245.
Ratios:
For a deeper understanding of Montrose Environmental Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 91.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.47. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 962968640 and an Enterprise Value of 1316675328. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 2.05. Its current Enterprise Value per Revenue stands at 1.688 whereas that against EBITDA is 31.811.
Stock Price History:
The Beta on a monthly basis for MEG is 1.82, which has changed by -0.15953189 over the last 52 weeks, in comparison to a change of 0.18157876 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 21.05%, while the 200-Day Moving Average is calculated to be 39.63%.
Shares Statistics:
For the past three months, MEG has traded an average of 395.75K shares per day and 640840 over the past ten 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 100.40% stake in the company. Shares short for MEG as of 1753920000 were 3255086 with a Short Ratio of 8.23, compared to 1751241600 on 2916805. Therefore, it implies a Short% of Shares Outstanding of 3255086 and a Short% of Float of 9.91.
Earnings Estimates
The stock of Montrose Environmental Group Inc (MEG) is currently in the spotlight, with 3.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.25, with high estimates of $0.37 and low estimates of $0.15.
Analysts are recommending an EPS of between $1.4 and $0.7 for the fiscal current year, implying an average EPS of $1.17. EPS for the following year is $1.11, with 3.0 analysts recommending between $1.59 and $0.73.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $202.26M this quarter.It ranges from a high estimate of $213.5M to a low estimate of $197M. As of the current estimate, Montrose Environmental Group Inc’s year-ago sales were $178.69MFor the next quarter, 5 analysts are estimating revenue of $201.39M. There is a high estimate of $206M for the next quarter, whereas the lowest estimate is $189M.
A total of 5 analysts have provided revenue estimates for MEG’s current fiscal year. The highest revenue estimate was $821.13M, while the lowest revenue estimate was $763M, resulting in an average revenue estimate of $806M. In the same quarter a year ago, actual revenue was $696.39MBased on 5 analysts’ estimates, the company’s revenue will be $839.79M in the next fiscal year. The high estimate is $873.83M and the low estimate is $811M.
