In-Depth Examination Of 4 Analyst Recommendations For Montrose Environmental Gr

Ratings for Montrose Environmental Gr MEG were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $43.25, a high estimate of $54.00, and a low estimate of $36.00. Witnessing a positive shift, the current average has risen by 5.49% from the previous average price target of $41.00.

Investigating Analyst Ratings: An Elaborate Study

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 adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Montrose Environmental Gr. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Montrose Environmental Gr compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for Montrose Environmental Gr's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Capture valuable insights into Montrose Environmental Gr's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

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Delving into Montrose Environmental Gr's Background

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.

Breaking Down Montrose Environmental Gr's Financial Performance

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Montrose Environmental Gr's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 28.87%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.

Net Margin: Montrose Environmental Gr's net margin is impressive, surpassing industry averages. With a net margin of -6.92%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Montrose Environmental Gr's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -3.7%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Montrose Environmental Gr's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -1.4%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Montrose Environmental Gr's debt-to-equity ratio is below the industry average. With a ratio of 0.7, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

What Are Analyst Ratings?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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