Montrose Environmental Group (MEG)
(Delayed Data from NYSE)
$47.46 USD
+0.81 (1.74%)
Updated May 15, 2024 04:00 PM ET
After-Market: $47.42 -0.04 (-0.08%) 7:26 PM ET
4-Sell of 5 4
D Value C Growth A Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
MEG 47.46 +0.81(1.74%)
Will MEG be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for MEG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MEG
Beat the Market the Zacks Way: Micron, Freshpet, Colgate-Palmolive in Focus
Montrose Environmental (MEG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
MEG: What are Zacks experts saying now?
Zacks Private Portfolio Services
Montrose Environmental (MEG) Q1 Earnings and Revenues Top Estimates
Zacks.com featured highlights NVIDIA, PulteGroup, Montrose Environmental, Janus Henderson and Hamilton Insurance
5 Low Leverage Stocks to Buy Amid a Rise in Labor Cost
Other News for MEG
Montrose Environmental Group to Present With 3M at the Bank of America Securities 31st Annual Transportation, Airlines, and Industrials Conference
Megado Minerals Welcomes New Executive Director
Insider Sale at Montrose Environmental Group Inc (MEG)
J.P. Morgan Sticks to Their Buy Rating for Montrose Environmental Group (MEG)
Montrose Environmental Group, Inc. (MEG) Q1 2024 Earnings Call Transcript