Montrose Environmental Grp Stock Today

MEG Stock  USD 18.72  0.58  3.20%   

Performance

0 of 100

 
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Odds Of Distress

Less than 28

 
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Montrose Environmental is trading at 18.72 as of the 28th of November 2024. This is a 3.20% increase since the beginning of the trading day. The stock's lowest day price was 18.14. Montrose Environmental has about a 28 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Montrose Environmental Grp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
7th of November 1994
Category
Industrials
Montrose Environmental Group, Inc. operates as an environmental services company in the United States. The company was founded in 2012 and is headquartered in North Little Rock, Arkansas. Montrose Environmental operates under Waste Management classification in the United States and is traded on New York Stock Exchange. The company has 34.3 M outstanding shares of which 3.46 M shares are now shorted by investors with about 5.38 days to cover. More on Montrose Environmental Grp

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Montrose Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOVijay Manthripragada
Business ConcentrationEnvironmental & Facilities Services, Commercial & Professional Services, Industrials, NYSE Composite, SP TSX Composite, Industrials, Commercial Services & Supplies, Waste Management, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.760.7642
Slightly Down
Slightly volatile
Gross Profit Margin0.260.385
Way Down
Slightly volatile
Net Debt131.4 M187.1 M
Way Down
Slightly volatile
Total Current Liabilities117.2 M126.3 M
Significantly Down
Very volatile
Non Current Liabilities Total205.5 M216.3 M
Notably Down
Slightly volatile
Total Assets1.4 B816.8 M
Way Up
Slightly volatile
Total Current Assets234.8 M200.9 M
Fairly Up
Very volatile
Debt Levels
Montrose Environmental can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Montrose Environmental's financial leverage. It provides some insight into what part of Montrose Environmental's total assets is financed by creditors.
Liquidity
Montrose Environmental Grp has 210.34 M in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Montrose Environmental has a current ratio of 2.36, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Montrose to invest in growth at high rates of return.

Change To Account Receivables

(2.78 Million)
Montrose Environmental Grp (MEG) is traded on New York Stock Exchange in USA. It is located in 5120 Northshore Drive, North Little Rock, AR, United States, 72118 and employs 3,480 people. Montrose Environmental is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 622.21 M. Montrose Environmental runs under Commercial Services & Supplies sector within Industrials industry. The entity has 34.3 M outstanding shares of which 3.46 M shares are now shorted by investors with about 5.38 days to cover. Montrose Environmental Grp has about 99.78 M in cash with 56.02 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.36.
Check Montrose Environmental Probability Of Bankruptcy
Ownership Allocation
The majority of Montrose Environmental outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Montrose Environmental Grp to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Montrose Environmental. Please pay attention to any change in the institutional holdings of Montrose Environmental as this could imply that something significant has changed or is about to change at the company.
Check Montrose Ownership Details

Montrose Stock Institutional Holders

InstituionRecorded OnShares
Loomis, Sayles & Company Lp2024-06-30
748.6 K
Geode Capital Management, Llc2024-09-30
716.6 K
State Street Corp2024-06-30
674.2 K
Morgan Stanley - Brokerage Accounts2024-06-30
561.7 K
Granahan Investment Management Inc..2024-09-30
556.1 K
Alyeska Investment Group, L.p.2024-09-30
549.5 K
Nuveen Asset Management, Llc2024-06-30
541.7 K
William Blair Investment Management, Llc2024-09-30
534.3 K
Dimensional Fund Advisors, Inc.2024-09-30
533.6 K
Blackrock Inc2024-06-30
2.5 M
Ubs Asset Mgmt Americas Inc2024-09-30
2.2 M
View Montrose Environmental Diagnostics

Montrose Environmental Historical Income Statement

At this time, Montrose Environmental's Non Recurring is most likely to increase significantly in the upcoming years. The Montrose Environmental's current Tax Provision is estimated to increase to about 3.4 M, while Total Revenue is projected to decrease to roughly 424.2 M. View More Fundamentals

Montrose Stock Against Markets

Montrose Environmental Corporate Management

Robin NewmarkIndependent DirectorProfile
Lauren DowlingPR MarketingProfile
Joel PresbyIndependent DirectorProfile
Todd GrosshandlerChief OfficerProfile
Nasym AfsariGeneral Counsel, SecretaryProfile
Peter JonnaIndependent DirectorProfile
When determining whether Montrose Environmental is a strong investment it is important to analyze Montrose Environmental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Montrose Environmental's future performance. For an informed investment choice regarding Montrose Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Montrose Environmental. If investors know Montrose will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Montrose Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.48)
Revenue Per Share
21.013
Quarterly Revenue Growth
0.064
Return On Assets
(0.01)
Return On Equity
(0.07)
The market value of Montrose Environmental is measured differently than its book value, which is the value of Montrose that is recorded on the company's balance sheet. Investors also form their own opinion of Montrose Environmental's value that differs from its market value or its book value, called intrinsic value, which is Montrose Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Montrose Environmental's market value can be influenced by many factors that don't directly affect Montrose Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Montrose Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montrose Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montrose Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.