$19.00
8.88% today
NYSE, Dec 30, 09:47 pm CET
ISIN
US5844041070
Symbol
MEG
Sector
Industry

Montrose Environmental Group Target price 2024 - Analyst rating & recommendation

Montrose Environmental Group Classifications & Recommendation:

Buy
71%
Hold
29%

Montrose Environmental Group Price Target

Target Price $36.33
Price $17.45
Potential
Number of Estimates 6
6 Analysts have issued a price target Montrose Environmental Group 2025 . The average Montrose Environmental Group target price is $36.33. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 7 analysts: 5 Analysts recommend Montrose Environmental Group to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Montrose Environmental Group stock has an average upside potential 2025 of . Most analysts recommend the Montrose Environmental Group stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 624.21 694.79
14.66% 11.31%
EBITDA Margin 5.42% 13.74%
7.61% 153.52%
Net Margin -8.63% -7.11%
15.47% 17.58%

6 Analysts have issued a sales forecast Montrose Environmental Group 2024 . The average Montrose Environmental Group sales estimate is

$695m
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. This is
3.23% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$701m 4.07%
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, the lowest is
$693m 2.94%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $624m 14.66%
2024
$695m 11.31%
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2025
$762m 9.71%
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2026
$821m 7.70%
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2027
$839m 2.20%
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6 Analysts have issued an Montrose Environmental Group EBITDA forecast 2024. The average Montrose Environmental Group EBITDA estimate is

$95.5m
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. This is
111.30% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$97.0m 114.70%
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, the lowest is
$95.0m 110.27%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $33.8m 23.38%
2024
$95.5m 182.20%
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2025
$104m 8.78%
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2026
$116m 11.70%
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2027
$122m 5.30%
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EBITDA Margin

2023 5.42% 7.61%
2024
13.74% 153.52%
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2025
13.62% 0.87%
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2026
14.13% 3.74%
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2027
14.56% 3.04%
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3 Montrose Environmental Group Analysts have issued a net profit forecast 2024. The average Montrose Environmental Group net profit estimate is

$-49.4m
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. This is
3.36% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-44.9m 12.09%
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, the lowest is
$-52.8m 3.35%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-53.9m 3.09%
2024
$-49.4m 8.28%
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2025
$-6.3m 87.22%
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2026
$-15.1m 139.14%
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Net Margin

2023 -8.63% 15.47%
2024
-7.11% 17.58%
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2025
-0.83% 88.33%
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2026
-1.84% 121.69%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -1.57 -1.44
3.09% 8.28%
P/E negative
EV/Sales 1.42

3 Analysts have issued a Montrose Environmental Group forecast for earnings per share. The average Montrose Environmental Group <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-1.44
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. This is
3.36% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-1.31 12.08%
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, the lowest is
$-1.54 3.36%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-1.57 3.09%
2024
$-1.44 8.28%
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2025
$-0.18 87.50%
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2026
$-0.44 144.44%
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P/E ratio

Current -11.69 30.50%
2024
-12.12 3.68%
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2025
-94.84 682.51%
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2026
-39.66 58.18%
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Based on analysts' sales estimates for 2024, the Montrose Environmental Group stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.46 33.64%
2024
1.42 2.90%
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2025
1.29 8.85%
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2026
1.20 7.15%
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2027
1.17 2.15%
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P/S ratio

Current 0.89 44.67%
2024
0.86 3.13%
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2025
0.79 8.86%
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2026
0.73 7.16%
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2027
0.71 2.14%
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