Montrose Environmental Grp Stock Today
| MEG Stock | USD 17.89 0.93 4.94% |
Performance0 of 100
| Odds Of DistressLess than 33
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Montrose Environmental is trading at 17.89 as of the 24th of November 2024. This is a 4.94% down since the beginning of the trading day. The stock's lowest day price was 17.77. Montrose Environmental has about a 33 percent probability of financial distress in the next few years of operation and 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 26th of August 2024 and ending today, the 24th 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 3.41 M shares are now shorted by investors with about 4.67 days to cover. More on Montrose Environmental Grp
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Montrose Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Vijay Manthripragada | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Environmental & 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
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Debt LevelsMontrose 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.
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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 613.64 M. Montrose Environmental runs under Commercial Services & Supplies sector within Industrials industry. The entity has 34.3 M outstanding shares of which 3.41 M shares are now shorted by investors with about 4.67 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 AllocationThe 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.
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Montrose Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Loomis, Sayles & Company Lp | 2024-06-30 | 748.6 K | |
| Geode Capital Management, Llc | 2024-09-30 | 716.6 K | |
| State Street Corp | 2024-06-30 | 674.2 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 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, Llc | 2024-06-30 | 541.7 K | |
| William Blair Investment Management, Llc | 2024-09-30 | 534.3 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 533.6 K | |
| Blackrock Inc | 2024-06-30 | 2.5 M | |
| Ubs Asset Mgmt Americas Inc | 2024-09-30 | 2.2 M |
Montrose Environmental Historical Income Statement
Montrose Stock Against Markets
Montrose Environmental Corporate Management
| Robin Newmark | Independent Director | Profile | |
| Lauren Dowling | PR Marketing | Profile | |
| Joel Presby | Independent Director | Profile | |
| Todd Grosshandler | Chief Officer | Profile | |
| Nasym Afsari | General Counsel, Secretary | Profile | |
| Peter Jonna | Independent Director | Profile |
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. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.