Montrose Environmental Group (NYSE:MEG – Get Free Report) is expected to issue its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.0774 per share and revenue of $179.7340 million for the quarter. Parties can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:30 AM ET.
Montrose Environmental Group (NYSE:MEG – Get Free Report) last released its earnings results on Wednesday, February 25th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.11. Montrose Environmental Group had a positive return on equity of 4.47% and a negative net margin of 0.10%.The business had revenue of $193.27 million during the quarter, compared to the consensus estimate of $186.24 million. During the same period last year, the business posted ($0.90) earnings per share. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. On average, analysts expect Montrose Environmental Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Montrose Environmental Group Stock Performance
NYSE:MEG opened at $22.12 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.43 and a quick ratio of 1.43. The business has a fifty day simple moving average of $23.22 and a two-hundred day simple moving average of $24.39. Montrose Environmental Group has a 1 year low of $14.87 and a 1 year high of $32.00. The company has a market capitalization of $800.15 million, a P/E ratio of -92.17, a P/E/G ratio of 2.05 and a beta of 1.83.
Insider Buying and Selling
Hedge Funds Weigh In On Montrose Environmental Group
Hedge funds have recently made changes to their positions in the stock. Intech Investment Management LLC grew its position in shares of Montrose Environmental Group by 14.6% in the fourth quarter. Intech Investment Management LLC now owns 13,981 shares of the company’s stock valued at $347,000 after purchasing an additional 1,778 shares in the last quarter. Boothbay Fund Management LLC purchased a new position in Montrose Environmental Group during the third quarter worth about $344,000. LPL Financial LLC purchased a new position in Montrose Environmental Group during the fourth quarter worth about $311,000. Marex Group plc purchased a new position in Montrose Environmental Group during the fourth quarter worth about $298,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in Montrose Environmental Group by 23.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,286 shares of the company’s stock worth $282,000 after buying an additional 1,953 shares in the last quarter. 87.87% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
MEG has been the subject of a number of recent research reports. Needham & Company LLC raised their target price on Montrose Environmental Group from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Wall Street Zen downgraded Montrose Environmental Group from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Montrose Environmental Group currently has a consensus rating of “Hold” and an average price target of $34.67.
Check Out Our Latest Stock Analysis on MEG
Montrose Environmental Group Company Profile
Montrose Environmental Group (NYSE: MEG) is a global provider of environmental technical and monitoring services, delivering solutions for site assessment, remediation, compliance and long-term environmental stewardship. The company serves a broad range of industries, including energy, manufacturing, chemicals, mining and government agencies, supporting clients with risk management strategies, regulatory permitting and environmental permitting.
Montrose’s core offerings encompass environmental consulting, engineering design, field sampling and laboratory analysis, plus innovative digital monitoring platforms.
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