montrose environmental group, inc. is a national, high-growth environmental company offering air quality, environmental laboratory, and regulatory compliance services to a diverse range of clients in industry and government. montrose operates under a variety of different brands across the country. each brand is well-established and represents a long tradition of delivering high-quality environmental services to our clients. headquartered in orange county, california, montrose environmental group, inc. has 42+ offices and 750+ employees nationwide.
Company profile
Ticker
MEG
Exchange
Website
CEO
Vijay Manthripragada
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Advanced GeoServices Corp. • AirKinetics, Inc. • CTEH Government Services, LLC • CTEH IT Services, LLC • CTEH Leasing, LLC • CTEH Properties, LLC • Emerging Compounds Treatment Technologies, Inc. • Enthalpy Analytical, LLC • Environmental Alliance, Inc. • Environmental Intelligence, LLC ...
IRS number
464195044
MEG stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
22 Apr 24
8-K
Other Events
19 Apr 24
424B5
Prospectus supplement for primary offering
19 Apr 24
424B5
Prospectus supplement for primary offering
16 Apr 24
S-3ASR
Automatic shelf registration
16 Apr 24
8-K
Montrose Environmental Group Acquires ETA and Announces Increase to 2024 Revenue and Consolidated Adjusted EBITDA Outlook
2 Apr 24
ARS
2023 FY
Annual report to shareholders
25 Mar 24
DEFA14A
Additional proxy soliciting materials
25 Mar 24
DEF 14A
Definitive proxy
25 Mar 24
PRE 14A
Preliminary proxy
11 Mar 24
Transcripts
MEG
Earnings call transcript
2023 Q4
29 Feb 24
MEG
Earnings call transcript
2023 Q3
8 Nov 23
MEG
Earnings call transcript
2023 Q2
9 Aug 23
MEG
Earnings call transcript
2023 Q1
9 May 23
MEG
Earnings call transcript
2022 Q4
1 Mar 23
MEG
Earnings call transcript
2022 Q3
13 Nov 22
MEG
Earnings call transcript
2022 Q2
15 Aug 22
MEG
Earnings call transcript
2022 Q1
14 May 22
MEG
Earnings call transcript
2021 Q4
1 Mar 22
MEG
Earnings call transcript
2021 Q3
10 Nov 21
Latest ownership filings
SC 13G
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
UBS ASSET MANAGEMENT AMERICAS INC
13 Feb 24
SC 13G/A
Capital Research Global Investors
9 Feb 24
SC 13G/A
BlackRock Inc.
25 Jan 24
4
Janet Risi Field
2 Jan 24
4
Robin Newmark
2 Jan 24
4
PETER GRAHAM
2 Jan 24
4
J THOMAS PRESBY
2 Jan 24
4
de Castro Jose Miguel Fernandez
2 Jan 24
4
JAMES K PRICE
2 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 23.18 mm | 23.18 mm | 23.18 mm | 23.18 mm | 23.18 mm | 23.18 mm |
Cash burn (monthly) | 41.00 k | 5.55 mm | 2.07 mm | 3.09 mm | (no burn) | (no burn) |
Cash used (since last report) | 279.34 k | 37.84 mm | 14.08 mm | 21.02 mm | n/a | n/a |
Cash remaining | 22.90 mm | -14.65 mm | 9.10 mm | 2.16 mm | n/a | n/a |
Runway (months of cash) | 558.7 | -2.6 | 4.4 | 0.7 | n/a | n/a |
Institutional ownership, Q3 2023
90.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 153 |
Opened positions | 24 |
Closed positions | 14 |
Increased positions | 53 |
Reduced positions | 53 |
13F shares | Current |
---|---|
Total value | 772.31 bn |
Total shares | 27.67 mm |
Total puts | 2.60 k |
Total calls | 8.60 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.28 mm | $66.76 bn |
Ubs Global Asset Management Americas | 2.20 mm | $64.26 bn |
Vanguard | 1.50 mm | $43.91 bn |
Champlain Investment Partners | 1.46 mm | $42.64 bn |
FHI Federated Hermes Inc - Ordinary Shares | 1.26 mm | $36.88 bn |
TFC Truist Financial | 1.11 mm | $32.60 bn |
Alger Associates | 1.09 mm | $0.00 |
Fred Alger Management | 1.09 mm | $31.83 bn |
Bamco | 1.01 mm | $29.55 bn |
Blair William & Co | 802.57 k | $23.48 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jan 24 | Perlman Richard E | Common Stock | Grant | Acquire A | No | No | 0 | 3,423 | 0.00 | 682,718 |
1 Jan 24 | Price James K | Common Stock | Grant | Acquire A | No | No | 0 | 3,423 | 0.00 | 1,064,907 |
1 Jan 24 | Fernandez de Castro Jose Miguel | Common Stock | Grant | Acquire A | No | No | 0 | 3,423 | 0.00 | 142,533 |
1 Jan 24 | Presby J Thomas | Common Stock | Grant | Acquire A | No | No | 0 | 3,423 | 0.00 | 47,255 |
1 Jan 24 | Graham Peter | Common Stock | Grant | Acquire A | No | No | 0 | 3,423 | 0.00 | 216,330 |
News
Reported Earlier, Montrose Environmental Prices Public Offering Of 3M Common Shares At $37.15/Share
18 Apr 24
Why Travelers Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
17 Apr 24
12 Industrials Stocks Moving In Wednesday's Intraday Session
17 Apr 24
Needham Reiterates Buy on Montrose Environmental Gr, Maintains $54 Price Target
4 Apr 24
Peeling Back The Layers: Exploring Montrose Environmental Gr Through Analyst Insights
3 Apr 24
Press releases
Montrose Environmental Group Announces Pricing of Public Offering of Shares
17 Apr 24
Montrose Environmental Group Announces Public Offering of Shares
16 Apr 24
Montrose Environmental Group Acquires ETA and Announces Increase to 2024 Revenue and Consolidated Adjusted EBITDA Outlook
2 Apr 24
Ideagen DevonWay and Huco Consulting (Montrose Environmental) Partner to Enhance EHS and ESG Solutions for High-Risk Industries
20 Mar 24
Montrose Environmental Group to Present at the Evercore 16th Annual Industrial Conference
4 Mar 24