The Analyst Verdict: Montrose Environmental Gr In The Eyes Of 6 Experts

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Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on Montrose Environmental Gr MEG in the last three months.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 0 2 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 2 0 2 0 0
3M Ago 1 0 0 0 0

Analysts have set 12-month price targets for Montrose Environmental Gr, revealing an average target of $41.33, a high estimate of $54.00, and a low estimate of $29.00. This current average has decreased by 18.16% from the previous average price target of $50.50.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive Montrose Environmental Gr. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Michael Hoffman Stifel Lowers Buy $38.00 $41.00
Stephanie Yee JP Morgan Lowers Neutral $29.00 $48.00
James Ricchiuti Needham Lowers Buy $44.00 $54.00
Andrew Obin B of A Securities Lowers Neutral $29.00 $52.00
James Ricchiuti Needham Maintains Buy $54.00 $54.00
James Ricchiuti Needham Maintains Buy $54.00 $54.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Montrose Environmental Gr. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Montrose Environmental Gr compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Montrose Environmental Gr's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Montrose Environmental Gr's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Montrose Environmental Gr analyst ratings.

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Discovering Montrose Environmental Gr: A Closer Look

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 contaminant or create biogas. United States Contributes the majority of geographic revenue.

Key Indicators: Montrose Environmental Gr's Financial Health

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 remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 6.4%. This signifies 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 lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -7.45%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Montrose Environmental Gr's ROE stands out, surpassing industry averages. With an impressive ROE of -2.97%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Montrose Environmental Gr's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -1.36%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.68.

The Core of Analyst Ratings: What Every Investor Should Know

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.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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