In last trading session, Montrose Environmental Group Inc (NYSE:MEG) saw 0.42 million shares changing hands with its beta currently measuring 1.72. Company’s recent per share price level of $16.89 trading at $0.02 or 0.12% at ring of the bell on the day assigns it a market valuation of $580.00M. That closing price of MEG’s stock is at a discount of -195.86% from its 52-week high price of $49.97 and is indicating a premium of 9.95% from its 52-week low price of $15.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.55 million shares which gives us an average trading volume of 531.93K if we extend that period to 3-months.

For Montrose Environmental Group Inc (MEG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.71. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.

Montrose Environmental Group Inc (NYSE:MEG) trade information

Upright in the green during last session for gaining 0.12%, in the last five days MEG remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $16.89 price level, adding 8.11% to its value on the day. Montrose Environmental Group Inc’s shares saw a change of -8.95% in year-to-date performance and have moved -2.09% in past 5-day. Montrose Environmental Group Inc (NYSE:MEG) showed a performance of -9.14% in past 30-days. Number of shares sold short was 3.28 million shares which calculate 7.89 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 43 to the stock, which implies a rise of 60.72% to its current value. Analysts have been projecting 43 as a low price target for the stock while placing it at a high target of 43. It follows that stock’s current price would drop -154.59% in reaching the projected high whereas dropping to the targeted low would mean a loss of -154.59% for stock’s current value.

Montrose Environmental Group Inc (MEG) estimates and forecasts

This year revenue growth is estimated to rise 9.00% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 168.1M for the same. And 4 analysts are in estimates of company making revenue of 190.72M in the next quarter. Company posted 155.32M and 173.32M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -5.11% during past 5 years.

Montrose Environmental Group Inc (NYSE:MEG)’s Major holders

Insiders are in possession of 7.03% of company’s total shares while institution are holding 100.91 percent of that, with stock having share float percentage of 108.53%. Investors also watch the number of corporate investors in a company very closely, which is 100.91% institutions for Montrose Environmental Group Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at MEG for having 2.52 million shares of worth $112.15 million. And as of 2024-06-30, it was holding 8.284 of the company’s outstanding shares.

The second largest institutional holder is UBS ASSET MANAGEMENT AMERICAS INC, which was holding about 2.36 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.7828 of outstanding shares, having a total worth of $105.36 million.

On the other hand, Baron Discovery Fund and Delaware Group Equity Fds V-Small Cap Core Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.76 shares of worth $29.79 million or 5.14% of the total outstanding shares. The later fund manager was in possession of 1.02 shares on Nov 30, 2024 , making its stake of worth around $17.28 million in the company or a holder of 2.98% of company’s stock.