Montrose Environmental Grp Stock Performance
| MEG Stock | USD 19.25 1.36 7.60% |
The company secures a Beta (Market Risk) of 0.61, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Montrose Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Montrose Environmental is expected to be smaller as well. At this point, Montrose Environmental has a negative expected return of -0.69%. Please make sure to verify Montrose Environmental's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Montrose Environmental performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Montrose Environmental Grp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's technical and fundamental indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Actual Historical Performance (%)
One Day Return (3.22) | Five Day Return 3.33 | Year To Date Return (41.67) | Ten Year Return 19.2 | All Time Return (69.89) |
1 | Heres Why Montrose Environmental Group Can Afford Some Debt | 10/01/2024 |
2 | Acquisition by Joshua LeMaire of 35503 shares of Montrose Environmental at 44.11 subject to Rule 16b-3 | 10/04/2024 |
3 | Montrose Environmental Group Announces Timing of Third Quarter 2024 Results and Conference Call | 10/23/2024 |
4 | Acquisition by Nasym Afsari of 23277 shares of Montrose Environmental at 6.03 subject to Rule 16b-3 | 10/25/2024 |
5 | Republic Services Surpasses Q3 Earnings Estimates | 10/29/2024 |
6 | What To Expect From Montroses Q3 Earnings | 11/05/2024 |
7 | MEG Energy Share Price Passes Above Fifty Day Moving Average Whats Next | 11/06/2024 |
8 | Montrose Environmental stock outlook dims as JPMorgan revises forecasts | 11/08/2024 |
9 | MONTROSE ENVIRONMENTAL GROUP TO ATTEND THE BAIRD 2024 GLOBAL INDUSTRIAL CONFERENCE | 11/11/2024 |
10 | Montrose Environmental Group Inc Shares Down 5.56 percent on Nov 19 | 11/19/2024 |
11 | Acquisition by Presby J Thomas of 5000 shares of Montrose Environmental at 19.77 subject to Rule 16b-3 | 11/21/2024 |
12 | Montrose Environmental Group, Inc. Analysts Are Bullish on This Waste Management Stock | 11/22/2024 |
| Begin Period Cash Flow | 89.8 M |
Montrose |
Montrose Environmental Relative Risk vs. Return Landscape
If you would invest 3,214 in Montrose Environmental Grp on August 28, 2024 and sell it today you would lose (1,289) from holding Montrose Environmental Grp or give up 40.11% of portfolio value over 90 days. Montrose Environmental Grp is generating negative expected returns assuming volatility of 4.9319% on return distribution over 90 days investment horizon. In other words, 43% of stocks are less volatile than Montrose, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Montrose Environmental Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Montrose Environmental's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Montrose Environmental Grp, and traders can use it to determine the average amount a Montrose Environmental's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1399
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| Negative Returns | MEG |
Estimated Market Risk
| 4.93 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Montrose Environmental is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Montrose Environmental by adding Montrose Environmental to a well-diversified portfolio.
Montrose Environmental Fundamentals Growth
Montrose Stock prices reflect investors' perceptions of the future prospects and financial health of Montrose Environmental, and Montrose Environmental fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Montrose Stock performance.
| Return On Equity | -0.0704 | ||||
| Return On Asset | -0.0098 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 953.85 M | ||||
| Shares Outstanding | 34.3 M | ||||
| Price To Earning | 45.13 X | ||||
| Price To Book | 1.47 X | ||||
| Price To Sales | 0.98 X | ||||
| Revenue | 624.21 M | ||||
| Gross Profit | 192.53 M | ||||
| EBITDA | 31.93 M | ||||
| Net Income | (30.86 M) | ||||
| Cash And Equivalents | 99.78 M | ||||
| Cash Per Share | 3.36 X | ||||
| Total Debt | 210.34 M | ||||
| Debt To Equity | 0.44 % | ||||
| Current Ratio | 2.41 X | ||||
| Book Value Per Share | 13.10 X | ||||
| Cash Flow From Operations | 56.02 M | ||||
| Earnings Per Share | (1.48) X | ||||
| Market Capitalization | 660.29 M | ||||
| Total Asset | 816.79 M | ||||
| Retained Earnings | (210.36 M) | ||||
| Working Capital | 74.64 M | ||||
| Current Asset | 160.55 M | ||||
| Current Liabilities | 111.5 M | ||||
About Montrose Environmental Performance
By analyzing Montrose Environmental's fundamental ratios, stakeholders can gain valuable insights into Montrose Environmental's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Montrose Environmental has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Montrose Environmental has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 3.63 | 2.84 | |
| Return On Tangible Assets | (0.10) | (0.10) | |
| Return On Capital Employed | (0.04) | (0.04) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.07) | (0.07) |
Things to note about Montrose Environmental performance evaluation
Checking the ongoing alerts about Montrose Environmental for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Montrose Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Montrose Environmental generated a negative expected return over the last 90 days | |
| Montrose Environmental has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 624.21 M. Reported Net Loss for the year was (30.86 M) with profit before taxes, overhead, and interest of 192.53 M. | |
| Montrose Environmental has a poor financial position based on the latest SEC disclosures | |
| Over 93.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Montrose Environmental Group, Inc. Analysts Are Bullish on This Waste Management Stock |
- Analyzing Montrose Environmental's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Montrose Environmental's stock is overvalued or undervalued compared to its peers.
- Examining Montrose Environmental's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Montrose Environmental's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Montrose Environmental's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Montrose Environmental's stock. These opinions can provide insight into Montrose Environmental's potential for growth and whether the stock is currently undervalued or overvalued.
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When running Montrose Environmental's price analysis, check to measure Montrose Environmental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Montrose Environmental is operating at the current time. Most of Montrose Environmental's value examination focuses on studying past and present price action to predict the probability of Montrose Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montrose Environmental's price. Additionally, you may evaluate how the addition of Montrose Environmental to your portfolios can decrease your overall portfolio volatility.
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