
MEG Stock Forecast & Price Target
MEG Analyst Ratings
Bulls say
Montrose Environmental Group Inc. reported a notable increase in EBITDA, which rose 48% year-over-year to $18.3 million, highlighting strong operational growth across its business segments. The Assessment, Permitting, and Response segment, accounting for 44% of Q2 revenues, experienced a significant 94% year-over-year increase, primarily driven by environmental emergency response services for a large energy client. Furthermore, the company's improved EBITDA margin of 14.8% in Q2, up 110 basis points year-over-year and 580 basis points quarter-over-quarter, underscores its expanding profitability and operational efficiency.
Bears say
Montrose Environmental Group Inc faces potential financial variability on a quarter-to-quarter basis, which could adversely affect annual revenue expectations. The company's strategy to pursue growth through acquisitions introduces risks, particularly if there are integration challenges or higher associated costs. These factors collectively contribute to a negative outlook on the company's financial performance.
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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