MEG official logo MEG
MEG 3-star rating from Upturn Advisory
Montrose Environmental Grp (MEG) company logo

Montrose Environmental Grp (MEG)

Montrose Environmental Grp (MEG) 3-star rating from Upturn Advisory
$26.06
Last Close (24-hour delay)
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PASS
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

12/03/2025: MEG (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 3 star rating for performance

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

2 star rating from financial analysts

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $32.5

1 Year Target Price $32.5

Analysts Price Target For last 52 week
$32.5 Target price
52w Low $10.51
Current$26.06
52w High $32

Analysis of Past Performance

Type Stock
Historic Profit 59.23%
Avg. Invested days 45
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/03/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 882.03M USD
Price to earnings Ratio -
1Y Target Price 32.5
Price to earnings Ratio -
1Y Target Price 32.5
Volume (30-day avg) 6
Beta 1.99
52 Weeks Range 10.51 - 32.00
Updated Date 12/3/2025
52 Weeks Range 10.51 - 32.00
Updated Date 12/3/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.82

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-11
When -
Estimate 0.0467
Actual 0.36

Profitability

Profit Margin -2.52%
Operating Margin (TTM) 4.76%

Management Effectiveness

Return on Assets (TTM) -0.27%
Return on Equity (TTM) -4.17%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1269015158
Price to Sales(TTM) 1.07
Enterprise Value 1269015158
Price to Sales(TTM) 1.07
Enterprise Value to Revenue 1.54
Enterprise Value to EBITDA 15.96
Shares Outstanding 35337667
Shares Floating 32899368
Shares Outstanding 35337667
Shares Floating 32899368
Percent Insiders 6.89
Percent Institutions 95.99

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Montrose Environmental Grp

Montrose Environmental Grp(MEG) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Montrose Environmental Group was founded in 2012, building a portfolio of environmental services companies. It went public in July 2020. It rapidly expanded through acquisitions to offer a diverse range of services.

Company business area logo Core Business Areas

  • Assessment, Permitting & Response: Provides environmental assessment, permitting, and emergency response services. This includes site investigation, regulatory compliance, and disaster response.
  • Remediation & Reuse: Offers remediation services for contaminated sites, including soil and groundwater remediation, and develops beneficial reuse strategies.
  • Measurement & Analysis: Provides air quality testing and analytical services. This includes emissions monitoring, laboratory analysis, and data management.

leadership logo Leadership and Structure

The CEO is Vijay Manthripragada. The company operates with a decentralized structure, with acquired companies retaining a degree of autonomy within the Montrose framework.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Air Quality Testing: Air quality testing services including stack testing and ambient air monitoring. Montrose has a significant share in the US market but it is highly fragmented. Competitors include AECOM, Tetra Tech, and SCS Engineers.
  • Environmental Remediation: Services to remediate contaminated soil and groundwater. Competitors include AECOM, Clean Harbors, and Jacobs.
  • Water Treatment Solutions: Provides services for water treatment, including design, construction, and operation of treatment facilities. Competitors include Veolia and Suez.

Market Dynamics

industry overview logo Industry Overview

The environmental services industry is driven by increasing environmental regulations, industrial activity, and public awareness of environmental issues. It's growing with increased ESG focused investors.

Positioning

Montrose is positioned as a comprehensive environmental solutions provider, offering a wide range of services across different sectors. Its acquisition-based growth strategy allows it to enter new markets and expand its service offerings.

Total Addressable Market (TAM)

The environmental services market is estimated to be in the hundreds of billions USD globally. Montrose is positioned to capture a larger share of this market through strategic acquisitions and organic growth.

Upturn SWOT Analysis

Strengths

  • Diversified service offerings
  • Strong acquisition track record
  • Established presence in key markets
  • Experienced management team

Weaknesses

  • Integration challenges from acquisitions
  • High debt levels
  • Dependence on regulatory environment
  • Sensitivity to economic cycles

Opportunities

  • Increasing environmental regulations
  • Growing demand for sustainable solutions
  • Expansion into new geographies
  • Strategic acquisitions to fill service gaps

Threats

  • Economic downturn impacting industrial activity
  • Changes in environmental regulations
  • Increased competition
  • Environmental liabilities

Competitors and Market Share

Key competitor logo Key Competitors

  • AECOM (ACM)
  • Tetra Tech (TTEK)
  • Clean Harbors (CLH)

Competitive Landscape

Montrose competes with larger, more established firms. Its advantage lies in its agility and specialized services.

Major Acquisitions

CTI Environmental Services

  • Year: 2021
  • Acquisition Price (USD millions): 85
  • Strategic Rationale: Expanded Montrose's service offerings in air quality testing and analysis.

EnviroSolve Corporation

  • Year: 2020
  • Acquisition Price (USD millions): 27
  • Strategic Rationale: Added capabilities in environmental remediation and site closure services.

Growth Trajectory and Initiatives

Historical Growth: Montrose has experienced rapid growth through acquisitions. Please refer to financial reports for precise historic growth rates.

Future Projections: Analyst projections vary based on market conditions and company performance. Consult financial analysis platforms for projections.

Recent Initiatives: Recent initiatives include strategic acquisitions, expansion of service offerings, and investment in technology.

Summary

Montrose Environmental Group is a rapidly growing environmental services company that uses acquisitions and strategic growth. It faces challenges in integrating these acquisitions and has high debt. The regulatory environment and increased focus on ESG are positives for the company. Montrose must look out for threats like economic downturns and increasing competition.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company website
  • SEC filings
  • Analyst reports
  • Industry publications

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a financial professional. Market share data is estimated.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About Montrose Environmental Grp

Exchange NYSE
Headquaters North Little Rock, AR, United States
IPO Launch date 1994-11-07
President, CEO & Director Mr. Vijay Manthripragada
Sector Industrials
Industry Waste Management
Full time employees 3500
Full time employees 3500

Montrose Environmental Group, Inc. operates as an environmental services company in the United States, Canada, and internationally. It operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The company offers scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects and development projects. It also provides environmental testing and laboratory services, including source and ambient air testing and monitoring, leak detection, and advanced multi-media laboratory services, including air, soil, stormwater, wastewater and drinking water analysis; and engineering, design, and implementation services comprising treatment technologies which treat contaminated water or create renewable energy from waste, or soil remediation. The company serves oil and gas, utilities, local, state, provincial and federal government entities, technical services, industrial manufacturing, transportation, chemicals, renewable energy generation, aerospace, telecommunications, and engineering industries. Montrose Environmental Group, Inc. was founded in 2012 and is headquartered in North Little Rock, Arkansas.