Breaking Down Montrose Environmental Gr: 4 Analysts Share Their Views

Montrose Environmental Gr MEG has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for Montrose Environmental Gr, revealing an average target of $41.75, a high estimate of $54.00, and a low estimate of $36.00. A 9.24% drop is evident in the current average compared to the previous average price target of $46.00.

Understanding Analyst Ratings: A Comprehensive Breakdown

A clear picture of Montrose Environmental Gr's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Montrose Environmental Gr. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Montrose Environmental Gr compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Montrose Environmental Gr's stock. This examination reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Montrose Environmental Gr's market position. Stay informed and make well-informed decisions with our Ratings Table.

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Unveiling the Story Behind Montrose Environmental Gr

Montrose Environmental Group Inc is an environmental services company. The firm's operating segments are Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. Through its Assessment, Permitting, and Response segment, the company provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits. Measurement and Analysis include test and analysis of air, water, and soil to determine concentrations of contaminants whereas, the Remediation and Reuse segment provide clients with engineering, design, implementation, operations and maintenance services, to treat contaminated water, remove contaminants from soil or create biogas from food or agricultural waste.

Key Indicators: Montrose Environmental Gr's Financial Health

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Positive Revenue Trend: Examining Montrose Environmental Gr's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 28.87% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Montrose Environmental Gr's net margin excels beyond industry benchmarks, reaching -6.92%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Montrose Environmental Gr's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -3.7%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Montrose Environmental Gr's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -1.4%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Montrose Environmental Gr's debt-to-equity ratio is below the industry average at 0.7, reflecting a lower dependency on debt financing and a more conservative financial approach.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.