NYSE - Delayed Quote • USD
Montrose Environmental Group, Inc. (MEG)
At close: April 19 at 4:00 PM EDT
After hours: April 19 at 7:25 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 3 | 3 | 4 | 4 |
| Avg. Estimate | -0.45 | -0.24 | -1.03 | -0.04 |
| Low Estimate | -0.57 | -0.4 | -1.65 | -1.46 |
| High Estimate | -0.29 | -0.13 | -0.51 | 1.78 |
| Year Ago EPS | -0.63 | -0.38 | -1.57 | -1.03 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 5 | 5 | 5 | 6 |
| Avg. Estimate | 152.16M | 178.99M | 709.58M | 769.37M |
| Low Estimate | 151M | 171M | 701M | 750M |
| High Estimate | 154.7M | 183.4M | 715M | 806.8M |
| Year Ago Sales | 131.43M | 145.23M | 624.21M | 709.58M |
| Sales Growth (year/est) | 15.80% | 23.20% | 13.70% | 8.40% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | -0.37 | -0.29 | -0.23 | -0.36 |
| EPS Actual | -0.63 | -0.38 | -0.39 | -0.18 |
| Difference | -0.26 | -0.09 | -0.16 | 0.18 |
| Surprise % | -70.30% | -31.00% | -69.60% | 50.00% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | -0.45 | -0.24 | -1.03 | -0.04 |
| 7 Days Ago | -0.53 | -0.26 | -1.05 | -0.12 |
| 30 Days Ago | -0.54 | -0.28 | -1.1 | -1.02 |
| 60 Days Ago | -0.3 | -0.19 | -0.97 | -0.56 |
| 90 Days Ago | -0.21 | -0.2 | -0.87 | -0.56 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | 1 | 1 |
| Up Last 30 Days | 1 | 1 | 1 | 1 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 1 | 1 | -- | 1 |
Growth Estimates
| CURRENCY IN USD | MEG | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 28.60% | -- | -- | 1.60% |
| Next Qtr. | 36.80% | -- | -- | 10.50% |
| Current Year | 34.40% | -- | -- | 5.20% |
| Next Year | 96.10% | -- | -- | 13.30% |
| Next 5 Years (per annum) | -346.30% | -- | -- | 11.22% |
| Past 5 Years (per annum) | -- | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Reiterates | Needham: Buy to Buy | 4/4/2024 |
| Reiterates | Stifel: Buy to Buy | 4/3/2024 |
| Maintains | Stifel: Buy to Buy | 3/1/2024 |
| Reiterates | Needham: Buy to Buy | 3/1/2024 |
| Maintains | JP Morgan: Overweight to Overweight | 3/1/2024 |
| Reiterates | Needham: Buy to Buy | 1/19/2024 |
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