Montrose EnvironmentalMEG
MEG
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
49% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 47
0.88% more ownership
Funds ownership: 97.32% [Q3] → 98.21% (+0.88%) [Q4]
9% less funds holding
Funds holding: 180 [Q3] → 164 (-16) [Q4]
17% less call options, than puts
Call options by funds: $6.69M | Put options by funds: $8.09M
29% less capital invested
Capital invested by funds: $877M [Q3] → $624M (-$252M) [Q4]
33% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 46
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
142%
upside
Avg. target
$36
164%
upside
High target
$39
186%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Needham James Ricchiuti 22% 1-year accuracy 26 / 118 met price target | 186%upside $39 | Buy Reiterated | 4 Mar 2025 |
Evercore ISI Group Durgesh Chopra 54% 1-year accuracy 13 / 24 met price target | 142%upside $33 | Outperform Maintained | 10 Feb 2025 |
Financial journalist opinion
Based on 5 articles about MEG published over the past 30 days
Neutral
Zacks Investment Research
1 week ago
MEG or CWST: Which Is the Better Value Stock Right Now?
Investors with an interest in Waste Removal Services stocks have likely encountered both Montrose Environmental (MEG) and Casella (CWST). But which of these two stocks offers value investors a better bang for their buck right now?
Positive
Zacks Investment Research
3 weeks ago
Are Investors Undervaluing Montrose Environmental Group (MEG) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
3 weeks ago
MEG vs. CWST: Which Stock Is the Better Value Option?
Investors with an interest in Waste Removal Services stocks have likely encountered both Montrose Environmental (MEG) and Casella (CWST). But which of these two stocks presents investors with the better value opportunity right now?
Neutral
PRNewsWire
4 weeks ago
Laboratory Expertise Drives Growth for Montrose Environmental Group While Fostering Community Health and Safety
Client delivery excellence and industry-leading capabilities support record revenue for Montrose Measurement & Analysis segment LITTLE ROCK, Ark. , March 4, 2025 /PRNewswire/ -- Montrose Environmental Group (NYSE: MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us.
Neutral
PRNewsWire
4 weeks ago
Montrose Environmental Group Selected by US Air Force as One of Top Environmental Firms for $1.5 Billion MATOC Contract
Montrose to support environmental restoration and planning work at Air Force installations worldwide over the next 10 years LITTLE ROCK, Ark. , March 3, 2025 /PRNewswire/ -- Montrose Environmental Group (NYSE: MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us.
Neutral
PRNewsWire
1 month ago
Montrose Environmental Group to Attend the Evercore 17th Annual Industrial Conference
LITTLE ROCK, Ark. , Feb. 28, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG), a company on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us, today announced that it will attend the Evercore 17th Annual Industrial Conference in New York, New York on Tuesday, March 4, 2025.
Neutral
Seeking Alpha
1 month ago
Montrose Environmental Group, Inc. (MEG) Q4 2024 Earnings Call Transcript
Montrose Environmental Group, Inc. (NYSE:MEG ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Adrianne Griffin - SVP, Investor Relations & Treasury Vijay Manthripragada - President & CEO Allan Dicks - CFO Conference Call Participants Tim Mulrooney - William Blair Jim Ricchiuti - Needham & Company Brian Butler - Stifel Operator Good day, and welcome to the Montrose Environmental Group's 4Q '24 Earnings Call. All participants will be in listen only mode.
Neutral
Zacks Investment Research
1 month ago
Montrose Environmental (MEG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Montrose Environmental (MEG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Neutral
PRNewsWire
1 month ago
Montrose Environmental Group Reports Record Fourth Quarter and Full Year 2024 Results and Provides Strong 2025 Guidance
Fourth Quarter 2024 Highlights (comparisons to fourth quarter 2023) Highest-ever quarterly revenue of $189.1 million, an increase of $21.3 million, or 14.1% Net loss of $28.2 million, or $0.90 net loss per diluted share attributable to common stockholders (LPS), and Adjusted Net Income1 of $14.7 million, or $0.29 Diluted Adjusted Net Income per share1 (Adj EPS) Record fourth quarter Consolidated Adjusted EBITDA1 of $27.2 million, an increase of $9.8 million, or 55.8% Expansion in Consolidated Adjusted EBITDA1 as a percentage of revenue to 14.4% Full Year 2024 Highlights (comparisons to full year 2023) Record total revenue of $696.4 million, an increase of $72.2 million, or 11.6% over the prior year record Net loss of $62.3 million, or $2.22 LPS, and Adjusted Net Income1 of $55.8 million, or $1.08 Adj EPS1 Record Consolidated Adjusted EBITDA1 of $95.8 million, an increase of $17.2 million, or 21.9% Robust expansion in Consolidated Adjusted EBITDA1 as a percentage of Revenue to 13.8% Resilient organic revenue growth of 8.3% Continued balance sheet strength, with a leverage ratio of 2.1x as of December 31, 2024 2025 Guidance Revenue is expected to be in the range of $735.0 million to $785.0 million Reiterates organic revenue growth expectations of 7% to 9% per year Consolidated Adjusted EBITDA1 is expected to be in the range of $101.0 million to $108.0 million Focus on continued margin expansion and significantly improved operating cash flow Revenue and Consolidated Adjusted EBITDA1 outlooks do not include any benefit from future acquisitions LITTLE ROCK, Ark. , Feb. 26, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) today announced results for the fourth quarter and full year ended December 31, 2024.
Neutral
PRNewsWire
1 month ago
Montrose Environmental Group Announces the Appointment of Vincent Colman to Board of Directors and Audit Committee
LITTLE ROCK, Ark. , Feb. 20, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (NYSE: MEG), a global environmental solutions company, announced the appointment of Mr.
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