Montrose Environmental Grp Stock Today
| MEG Stock | USD 41.92 4.77 12.84% |
Performance9 of 100
| Odds Of DistressLess than 11
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Montrose Environmental is trading at 41.92 as of the 19th of April 2024. This is a 12.84 percent up since the beginning of the trading day. The stock's lowest day price was 38.0. Montrose Environmental has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading 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 30th of April 2022 and ending today, the 19th of April 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 30.63 M outstanding shares of which 833.42 K shares are now shorted by investors with about 3.19 days to cover. More on Montrose Environmental Grp
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Montrose Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Montrose Environmental's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Montrose Environmental or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Vincent Sadusky | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 Analysts covering Montrose Environmental report their recommendations after researching Montrose Environmental's financial statements, talking to executives and customers, or listening in on Montrose Environmental's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Montrose Environmental. The Montrose consensus assessment is calculated by taking the average forecast from all of the analysts covering Montrose Environmental. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Montrose Environmental's profitability, liquidity, and operating efficiency, Montrose Environmental Grp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Montrose Environmental is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Montrose Environmental's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Montrose Environmental's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 3,100 people. Montrose Environmental is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Montrose Environmental's market, we take the total number of its shares issued and multiply it by Montrose Environmental's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Montrose Environmental runs under Commercial Services & Supplies sector within Industrials industry. The entity has 30.63 M outstanding shares of which 833.42 K shares are now shorted by investors with about 3.19 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 AllocationMontrose Environmental maintains a total of 30.63 Million outstanding shares. 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. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Montrose Ownership Details
Montrose Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Montrose Environmental jumping above the current price in 90 days from now is about 13.19%. The Montrose Environmental Grp probability density function shows the probability of Montrose Environmental stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Montrose Environmental Grp has a beta of -0.5816. This indicates as returns on the benchmark increase, returns on holding Montrose Environmental are expected to decrease at a much lower rate. During a bear market, however, Montrose Environmental Grp is likely to outperform the market. Additionally, montrose Environmental Grp has an alpha of 0.8376, implying that it can generate a 0.84 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Montrose Environmental to move above the current price in 90 days from now is about 13.19 (This Montrose Environmental Grp probability density function shows the probability of Montrose Stock to fall within a particular range of prices over 90 days) .
Montrose Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Montrose Environmental that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Montrose Environmental's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Montrose Environmental's value.| Instituion | Recorded On | Shares | |
| Stephens Inv Mgmt Group Llc | 2023-12-31 | 625.6 K | |
| State Street Corporation | 2023-12-31 | 600.7 K | |
| William Blair Investment Management, Llc | 2023-12-31 | 585.5 K | |
| Geode Capital Management, Llc | 2023-12-31 | 584.8 K | |
| Emerald Mutual Fund Advisers Trust | 2023-12-31 | 584 K | |
| Blair William & Co | 2023-12-31 | 561.4 K | |
| Amvescap Plc. | 2023-12-31 | 526.5 K | |
| Northern Trust Corp | 2023-12-31 | 504.9 K | |
| Hhg Plc | 2023-12-31 | 484.6 K | |
| Blackrock Inc | 2023-12-31 | 2.5 M | |
| Ubs Asset Mgmt Americas Inc | 2023-12-31 | 2.1 M |
Montrose Environmental Historical Income Statement
Montrose Environmental Grp Income Statement is one of the three primary financial statements used for reporting Montrose's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Montrose Environmental revenue and expense. Montrose Environmental Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Montrose Environmental's Non Recurring is most likely to increase significantly in the upcoming years. The Montrose Environmental's current Total Other Income Expense Net is estimated to increase to about 4.5 M, while Total Revenue is projected to decrease to roughly 424.2 M. View More FundamentalsMontrose Stock Against Markets
Picking the right benchmark for Montrose Environmental stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Montrose Environmental stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Montrose Environmental is critical whether you are bullish or bearish towards Montrose Environmental Grp at a given time. Please also check how Montrose Environmental's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Montrose Environmental without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Montrose Environmental Corporate Directors
Montrose Environmental corporate directors refer to members of a Montrose Environmental board of directors. The board of directors generally takes responsibility for the Montrose Environmental's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Montrose Environmental's board members must vote for the resolution. The Montrose Environmental board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dennis FitzSimons | Independent Director | Profile | |
| James Price | Independent Director | Profile | |
| Kingson Sian | Executive Director | Profile | |
| Douglas McCormick | Independent Director | Profile |
How to buy Montrose Stock?
Before investing in Montrose Environmental, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Montrose Environmental. To buy Montrose Environmental stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Montrose Environmental. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Montrose Environmental stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Montrose Environmental Grp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Montrose Environmental Grp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Montrose Environmental Grp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Montrose Stock please use our How to Invest in Montrose Environmental guide.
Already Invested in Montrose Environmental Grp?
The danger of trading Montrose Environmental Grp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Montrose Environmental is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Montrose Environmental. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Montrose Environmental is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Montrose Environmental information on this page should be used as a complementary analysis to other Montrose Environmental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Montrose Stock analysis
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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Is Montrose Environmental's industry 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 (1.57) | Revenue Per Share 20.767 | Quarterly Revenue Growth 0.188 | Return On Assets (0.02) | 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.