Montrose Environmental Group, Inc. operates as an environmental services company in the United States. The company operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects, and development projects. Its technical advisory and consulting services include regulatory compliance support and planning, environmental, and ecosystem and toxicological assessments and support during responses to environmental disruptions. The Measurement and Analysis segment tests and analyzes air, water, and soil to determine concentrations of contaminants, as well as the toxicological impact of contaminants on flora, fauna, and human health. Its services include source and ambient air testing and monitoring, leak detection, and advanced analytical laboratory services, such as air, storm water, wastewater, and drinking water analysis. The Remediation and Reuse segment provides engineering, design, implementation, and operations and maintenance services primarily to treat contaminated water, remove contaminants from soil, or create biogas from waste. It serves oil and gas, utilities, construction, midstream energy, commodities, petrochemical, and tobacco industries, as well as local, state, provincial, and federal government entities. The company was founded in 2012 and is headquartered in Irvine, California.
IPO Year: 2020
Exchange: NYSE
Website: montrose-env.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/4/2025 | $39.00 → $28.00 | Buy | Needham |
| 12/19/2024 | $44.00 → $39.00 | Buy | Needham |
| 11/8/2024 | $48.00 → $29.00 | Overweight → Neutral | JP Morgan |
| 11/6/2024 | Buy → Neutral | BofA Securities | |
| 8/14/2024 | $43.00 | Outperform | Evercore ISI |
| 2/5/2024 | $36.00 | Buy | Stifel |
| 11/9/2023 | $46.00 → $41.00 | Neutral → Overweight | JP Morgan |
| 3/2/2023 | $39.00 | Overweight → Neutral | JP Morgan |
| 12/12/2022 | Neutral → Buy | BofA Securities | |
| 5/12/2022 | $47.00 | Neutral → Overweight | JP Morgan |
4/A - Montrose Environmental Group, Inc. (0001643615) (Issuer)
4 - Montrose Environmental Group, Inc. (0001643615) (Issuer)
4 - Montrose Environmental Group, Inc. (0001643615) (Issuer)
4 - Montrose Environmental Group, Inc. (0001643615) (Issuer)
LITTLE ROCK, Ark., June 3, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (NYSE:MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us to enhance environmental stewardship while supporting economic development. Today, the company released its 2024 Sustainability Report, showcasing a year of strong environmental performance, client impact and science-driven innovation. The 2024 report illustrates how Montrose continues to transform complex environmental challenges into real-world results—combining cutting-edge science, r
LITTLE ROCK, Ark., June 2, 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. Montrose today announced that it will attend the William Blair 45th Annual Growth Stock Conference in Chicago, Illinois on Wednesday, June 4, 2025, and will present at 5:00 p.m. Eastern Time. Prior to Montrose's attendance at this conference, the Company will post a copy of the presentation it intends to use in the Investors' section of its website. A live audio webcast will be available at th
First Quarter 2025 Highlights (comparisons to first quarter 2024) Highest-ever first quarter revenue of $177.8 million, an increase of $22.5 million, or 14.5%Net loss of $19.4 million, or $0.64 net loss per diluted share attributable to common stockholders (LPS), and Adjusted Net Income1 of $5.8 million, or $0.07 Diluted Adjusted Net Income per share1 (Adj EPS)Highest-ever first quarter Consolidated Adjusted EBITDA1 of $19.0 million, an increase of $2.1 million, or 12.5%Highest-ever first quarter operating cash flow of $5.5 million, an increase of $27.5 millionReported leverage ratio of 2.2x as of March 31, 2025, and significant liquidity of $294.2 million, including $30.3 million of cash an
Innovative PFAS treatment solutions support health and safety of residents LAS VEGAS, May 5, 2025 /PRNewswire/ -- Waste Expo, Las Vegas – Montrose Environmental Group (NYSE:MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us. The company's innovative PFAS treatment solutions have been deployed at Smith Creek Landfill in St. Clair County, Michigan and West Deptford Township, New Jersey. A leader in environmental solutions, Montrose is exhibiting at Waste Expo 2025 (Booth 3556) with three experts speaking on panels to discuss the challenges landfills face with addressing emerging contaminants.
Project supports rapidly growing global steel demand with scalable, sustainable solutions SYDNEY, April 23, 2025 /PRNewswire/ -- Montrose Environmental Group (NYSE:MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us to enhance environmental stewardship while supporting economic development. The company has been awarded a $4 million AUD contract to deliver comprehensive environmental services for a major mining operation in Australia's Bowen Basin—a key hub for metallurgical coal used in steel production. This project reflects Montrose's growing footprint in Australia, where Montrose's operations support local and regional industries in thei
LITTLE ROCK, Ark., April 22, 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. The Company announced today the planned dates for its first quarter 2025 results and conference call. On Wednesday, May 7, 2025, after the close of trading on the New York Stock Exchange, Montrose intends to release its first quarter 2025 results. On Thursday, May 8, 2025, at 8
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. In response to rising global demand for energy and continued expectations around environmental stewardship, Montrose Environmental Group has been selected by a public multinational energy company to support their emissions monitoring needs. Montrose will deploy across multiple operating basins in three U.S. states. Valued at over $3 million in awarded work for 2025, the project underscores su
LITTLE ROCK, Ark., April 9, 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. The Company is providing an interim update to highlight continued strong business performance and affirm 2025 revenue, consolidated adjusted EBITDA, organic growth, and environmental response guidance. The current and expected demand for the Company's environmental solutions rem
Recognized for Top Product Business & Infrastructure and three Top Project Environmental Impact LITTLE ROCK, Ark., April 2, 2025 /PRNewswire/ -- Montrose Environmental Group (NYSE:MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us. The company recently earned four wins in the prestigious E+E Leader Product & Project Awards for: Top Project Environmental Impact: Achieving 100% Compliance with Real-Time Emission Tracking for Phillips 66Top Project Environmental Impact: Montrose Environmental Group Deploys State-of-the-Art Lea
Client delivery excellence and industry-leading capabilities support record revenue for Montrose Measurement & Analysis segment LITTLE ROCK, Ark., March 4, 2025 /PRNewswire/ -- Montrose Environmental Group (NYSE:MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us. Rooted in the belief that industrial progress and environmental stewardship do not have to be at odds, Montrose empowers companies with reliable, data-informed decisions that enable real-world impact. Strong client partnerships combined with best-in-class, quick turnaround analytical results helped propel 13.8% year-over-year growth in the company's Measurement & Analysis segment.