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Montrose Environmental Group (MEG)
NYSE:MEG
RESEARCH TOOLSreports
Montrose Environmental Group (MEG) Stock Price & Analysis
52 Followers
MEG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.96 - $49.15
Previous Close$47.99
Volume182.00K
Average Volume (3M)304.85K
Market Cap
$1.64B
Enterprise Value$1.82B
Total Cash (Recent Filing)$23.24M
Total Debt (Recent Filing)$210.34M
Price to Earnings (P/E)-32.5
Beta2.00
Next Earnings
Aug 06, 2024EPS Estimate
-$0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.48
Shares Outstanding34,081,219
10 Day Avg. Volume363,876
30 Day Avg. Volume304,854
Standard Deviation0.18
R-Squared0.30
Alpha0.00956
Financial Highlights & Ratios
Price to Book (P/B)-8.89
Price to Sales (P/S)2.62
Price to Cash Flow (P/CF)28.10
P/FCF Ratio34.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.92
Enterprise Value/Gross Profit7.58
Enterprise Value/Ebitda-26.88
Forecast
1Y Price Target
$51.25Price Target Upside4.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Montrose Environmental Group News
PremiumCompany Announcements
Montrose Environmental Discusses Quarterly Financial Performance
Ownership Overview
10.41% Insiders
28.85% Mutual Funds
41.26% Other Institutional Investors
19.47% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MEG FAQ
What was Montrose Environmental Group’s price range in the past 12 months?
Montrose Environmental Group lowest stock price was $21.96 and its highest was $49.15 in the past 12 months.
What is Montrose Environmental Group’s market cap?
Currently, no data Available
When is Montrose Environmental Group’s upcoming earnings report date?
Montrose Environmental Group’s upcoming earnings report date is Aug 06, 2024 which is in 77 days.
How were Montrose Environmental Group’s earnings last quarter?
Montrose Environmental Group released its earnings results on May 07, 2024. The company reported -$0.53 earnings per share for the quarter, missing the consensus estimate of -$0.388 by -$0.142.
Is Montrose Environmental Group overvalued?
According to Wall Street analysts Montrose Environmental Group’s price is currently Undervalued.
Does Montrose Environmental Group pay dividends?
Montrose Environmental Group does not currently pay dividends.
What is Montrose Environmental Group’s EPS estimate?
Montrose Environmental Group’s EPS estimate is -$0.19.
How many shares outstanding does Montrose Environmental Group have?
Montrose Environmental Group has 34,081,220 shares outstanding.
What happened to Montrose Environmental Group’s price movement after its last earnings report?
Montrose Environmental Group reported an EPS of -$0.53 in its last earnings report, missing expectations of -$0.388. Following the earnings report the stock price went down -9.039%.
Which hedge fund is a major shareholder of Montrose Environmental Group?
Among the largest hedge funds holding Montrose Environmental Group’s share is Driehaus Capital Management LLC. It holds Montrose Environmental Group’s shares valued at 13M.
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Montrose Environmental Group Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$51.25 (4.57% Upside)
$51.25 (4.57% Upside)
Blogger Sentiment
Bullish
MEG Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 100.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $200.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 17.5%
Last 30 Days ▲ 17.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.52%
12-Months-Change
Fundamentals
Return on Equity
-6.70%
Trailing 12-Months
Asset Growth
17.23%
Trailing 12-Months
Company Description
Montrose Environmental Group
Media General Inc was incorporated as Legacy Media General in Virginia and became a public company in 1969. The Company owns or operates 31 network-affiliated broadcast television stations as well as related websites and mobile news applications. The Company's network affiliations include twelve CBS stations, nine NBC stations, seven ABC stations, one FOX station, one CW station and one MyNetworkTV station. Media General's stations operate across 28 markets, reaching approximately 16.5 million, or 14 percent, of U.S. TV households. The ownership, operation and sale of television stations are subject to the jurisdiction of the Federal Communications Commission, which acts under the authority granted by the Communications Act of 1934, as amended.
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MEG Company Deck
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MEG Earnings Call
Q1 2024
0:00 / 0:00
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MEG Stock 12 Month Forecast
Average Price Target
$51.25
▲(4.57% Upside)
Technical Analysis
Best Analysts Covering MEG
1 Year
1 Year Success Rate
15/24 ratings generated profit
1 Year Average Return
+19.80%
reiterated a buy rating 12 days ago
Copying James Ricchiuti's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +19.80% per trade.
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