Added to YB: 2024-12-03
Pitch date: 2024-09-30
MEG [bullish]
Montrose Environmental Group, Inc.
+1.91%
current return
Author Info
No bio for this author
Company Info
Montrose Environmental Group, Inc. operates as an environmental services company in the United States, Canada, and internationally.
Market Cap
$646.2M
Pitch Price
$26.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.46
P/E
-12.59
EV/Sales
1.53
Sector
Commercial Services and Supplies
Category
N/A
Alger Weatherbie Specialized Growth Fund Portfolio Holding: Montrose Environmental Group, Inc.
MEG: Environmental services firm with diverse expertise. Q2 revenue missed, but 2024 guidance maintained. Chevron doctrine overturn increases regulatory complexity, boosting demand for advisory services. Company's state/local regulator focus a competitive edge. Long-term growth potential from regulatory drivers.
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