Professional
Added to YB: 2025-01-21
Pitch date: 2024-12-31
MEG [bullish]
Montrose Environmental Group, Inc.
+39.41%
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
$19.16
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
turnaround
Baron Discovery Fund Added On Portfolio Holding: Montrose Environmental Group, Inc.
MEG added to position: Environmental services firm down on Chevron Doctrine ruling, short report & regulatory concerns. Management refutes claims, met investors to boost confidence in 2025 outlook. Grew under Trump, pausing acquisitions to show organic growth & cash flow. Position increased on weakness.
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