Back to top
more

Montrose Environmental Group (MEG)

(Delayed Data from NYSE)

$43.11 USD

43.11
352,018

+1.95 (4.74%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $43.11 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 37% (93 out of 252)

Industry: Waste Removal Services

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for MEG

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year End for Montrose Environmental Group, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 23 90 147 35 7
Receivables 112 95 99 54 47
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 65 63 48 45 19
Total Current Assets 201 248 294 134 73
Net Property & Equipment 57 36 32 34 27
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 505 466 473 430 230
Deposits & Other Assets 22 16 11 5 2
Total Assets 817 792 833 603 332
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 60 63 69 35 38
Current Portion Long-Term Debt 14 12 11 6 7
Current Portion Capital Leases 4 4 4 0 0
Accrued Expenses 35 21 26 21 11
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 4 4 31 50 17
Total Current Liabilities 126 111 148 112 73
Mortgages 0 0 0 0 0
Deferred Taxes/Income 6 6 4 3 4
Convertible Debt 0 0 0 0 0
Long-Term Debt 151 157 166 175 145
Non-Current Capital Leases 8 6 6 0 0
Other Non-Current Liabilities 26 26 23 23 7
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 343 326 364 313 229
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 153 153 153 153 129
Common Stock (Par) 0 0 0 0 0
Capital Surplus 532 493 464 259 38
Retained Earnings -210 -180 -148 -122 -64
Other Equity 0 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 474 466 469 290 103
Total Liabilities & Shareholder's Equity 817 792 833 603 332
Total Common Equity 321 313 317 137 -26
Shares Outstanding 30.10 29.70 29.40 24.90 NA
Book Value Per Share 10.67 10.55 10.77 5.51 0.00

Fiscal Year End for Montrose Environmental Group, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 23 23 23 77
Receivables NA 112 117 104 85
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 65 73 74 69
Total Current Assets NA 201 213 201 231
Net Property & Equipment NA 57 58 57 41
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 505 508 506 464
Deposits & Other Assets NA 22 21 18 17
Total Assets NA 817 836 826 783
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 60 71 66 55
Current Portion Long-Term Debt NA 14 14 13 13
Current Portion Capital Leases NA 4 4 4 4
Accrued Expenses NA 35 31 26 16
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 4 3 4 5
Total Current Liabilities NA 126 135 125 102
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 6 10 7 7
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 151 156 158 152
Non-Current Capital Leases NA 8 8 7 8
Other Non-Current Liabilities NA 28 27 27
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 343 368 360 320
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 153 153 153 153
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 532 524 514 504
Retained Earnings NA -210 -209 -201 -194
Other Equity NA 0 0 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 474 468 466 463
Total Liabilities & Shareholder's Equity NA 817 836 826 783
Total Common Equity 0 321 315 313 310
Shares Outstanding 30.50 30.10 30.10 30.00 29.80
Book Value Per Share 0.00 10.67 10.46 10.43 10.41