In the past week, MEG stock has gone up by 14.16%, with a monthly decline of -5.20% and a quarterly plunge of -34.49%. The volatility ratio for the week is 6.14%, and the volatility levels for the last 30 days are 8.16% for Montrose Environmental Group Inc The simple moving average for the last 20 days is 6.52% for MEG stock, with a simple moving average of -37.72% for the last 200 days.
Is It Worth Investing in Montrose Environmental Group Inc (NYSE: MEG) Right Now?
The 36-month beta value for MEG is also noteworthy at 1.74. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for MEG is 30.45M, and at present, short sellers hold a 10.93% of that float. The average trading volume of MEG on April 18, 2025 was 541.65K shares.
MEG) stock’s latest price update
The stock price of Montrose Environmental Group Inc (NYSE: MEG) has surged by 2.31 when compared to previous closing price of 14.26, but the company has seen a 14.16% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-04-14 that LITTLE ROCK, Ark., April 14, 2025 /PRNewswire/ — Montrose Environmental Group, Inc. (the “Company”, “Montrose” or “MEG”) (NYSE: MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us, and aims to enhance environmental stewardship and economic development.
Analysts’ Opinion of MEG
Many brokerage firms have already submitted their reports for MEG stocks, with Needham repeating the rating for MEG by listing it as a “Buy.” The predicted price for MEG in the upcoming period, according to Needham is $28 based on the research report published on April 04, 2025 of the current year 2025.
Needham, on the other hand, stated in their research note that they expect to see MEG reach a price target of $39, previously predicting the price at $44. The rating they have provided for MEG stocks is “Buy” according to the report published on December 19th, 2024.
JP Morgan gave a rating of “Neutral” to MEG, setting the target price at $29 in the report published on November 08th of the previous year.
MEG Trading at -11.13% from the 50-Day Moving Average
After a stumble in the market that brought MEG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -70.80% of loss for the given period.
Volatility was left at 8.16%, however, over the last 30 days, the volatility rate increased by 6.14%, as shares sank -1.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.69% lower at present.
During the last 5 trading sessions, MEG rose by +14.16%, which changed the moving average for the period of 200-days by -65.50% in comparison to the 20-day moving average, which settled at $13.70. In addition, Montrose Environmental Group Inc saw -21.35% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MEG starting from Manthripragada Vijay, who sale 12,500 shares at the price of $46.51 back on May 06 ’24. After this action, Manthripragada Vijay now owns 316,637 shares of Montrose Environmental Group Inc, valued at $581,388 using the latest closing price.
Stock Fundamentals for MEG
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.38 for the gross margin
The net margin for Montrose Environmental Group Inc stands at -0.1. The total capital return value is set at -0.04. Equity return is now at value -12.30, with -6.62 for asset returns.
Based on Montrose Environmental Group Inc (MEG), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 0.17. The interest coverage ratio of the stock is -2.24.
Currently, EBITDA for the company is 25.88 million with net debt to EBITDA at 2.44. When we switch over and look at the enterprise to sales, we see a ratio of 0.82. The receivables turnover for the company is 4.38for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.
Conclusion
In summary, Montrose Environmental Group Inc (MEG) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
