
MEG Stock Forecast & Price Target
MEG Analyst Ratings
Bulls say
Montrose Environmental Group Inc. (MEG) has demonstrated consistent profitability on an EBITDA basis since its inception in 2012, highlighting its solid growth trajectory in the environmental services sector, particularly in air, water, and soil testing, as well as remediation and treatment. The company is projecting revenue growth for 2025 in the range of $735 million to $785 million, translating to an increase of 6% to 13%, fueled by better-than-expected organic growth in its various business segments and stronger adjusted EBITDA margins. Additionally, the potential for increased revenue from emergency response activities and a larger contribution from its CTEH business indicates further upside and reinforces a positive outlook on the company's financial performance.
Bears say
Montrose Environmental Group Inc. reported a reduction in its net leverage ratio to 2.1x as of December, down from 2.6x in the previous quarter, yet it remains below the company's long-term target range of 2.5x-3.5x. This reduced leverage is indicative of potential variability in quarterly performance, which could lead to downward adjustments in annual earnings expectations. Additionally, challenges related to higher operational costs and the integration of acquisitions pose further risks to the company's financial stability, which may adversely affect overall revenue projections.
This aggregate rating is based on analysts' research of Montrose Environmental Group, Inc. and is not a guaranteed prediction by Public.com or investment advice.
MEG Analyst Forecast & Price Prediction
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