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Montrose Environmental Grp
Buy, Hold or Sell?

Let's analyse Montrose Environmental Grp together

PenkeI guess you are interested in Montrose Environmental Grp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Montrose Environmental Grp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Montrose Environmental Grp (30 sec.)










What can you expect buying and holding a share of Montrose Environmental Grp? (30 sec.)

How much money do you get?

How much money do you get?
$0.54
When do you have the money?
1 year
How often do you get paid?
61.3%

What is your share worth?

Current worth
$15.61
Expected worth in 1 year
$15.87
How sure are you?
67.7%

+ What do you gain per year?

Total Gains per Share
$0.81
Return On Investment
2.1%

For what price can you sell your share?

Current Price per Share
$38.37
Expected price per share
$32.00 - $43.05
How sure are you?
50%

1. Valuation of Montrose Environmental Grp (5 min.)




Live pricePrice per Share (EOD)

$38.37

Intrinsic Value Per Share

$13.95 - $16.50

Total Value Per Share

$29.55 - $32.10

2. Growth of Montrose Environmental Grp (5 min.)




Is Montrose Environmental Grp growing?

Current yearPrevious yearGrowGrow %
How rich?$474.1m$467.9m-$234k-0.1%

How much money is Montrose Environmental Grp making?

Current yearPrevious yearGrowGrow %
Making money-$7.7m-$7.9m$240k3.1%
Net Profit Margin-5.3%-5.8%--

How much money comes from the company's main activities?

3. Financial Health of Montrose Environmental Grp (5 min.)




4. Comparing to competitors in the Waste Management industry (5 min.)




  Industry Rankings (Waste Management)  


Richest
#35 / 132

Most Revenue
#41 / 132

Most Profit
#120 / 132

Most Efficient
#104 / 132

What can you expect buying and holding a share of Montrose Environmental Grp? (5 min.)

Welcome investor! Montrose Environmental Grp's management wants to use your money to grow the business. In return you get a share of Montrose Environmental Grp.

What can you expect buying and holding a share of Montrose Environmental Grp?

First you should know what it really means to hold a share of Montrose Environmental Grp. And how you can make/lose money.

Speculation

The Price per Share of Montrose Environmental Grp is $38.37. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Montrose Environmental Grp.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Montrose Environmental Grp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $15.61. Based on the TTM, the Book Value Change Per Share is $0.07 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.03 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.13 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Montrose Environmental Grp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.05-0.1%-0.36-0.9%-0.40-1.0%-0.51-1.3%-0.41-1.1%
Usd Book Value Change Per Share0.210.5%0.070.2%-0.03-0.1%0.782.0%-0.28-0.7%
Usd Dividend Per Share0.130.4%0.130.4%0.130.4%0.100.3%0.090.2%
Usd Total Gains Per Share0.340.9%0.200.5%0.110.3%0.882.3%-0.19-0.5%
Usd Price Per Share32.13-34.80-41.18-29.74-19.19-
Price to Earnings Ratio-169.35--57.81--26.21--40.15--25.90-
Price-to-Total Gains Ratio93.40-372.24-624.50-313.57-313.57-
Price to Book Ratio2.06-2.26-2.67-2.37-1.53-
Price-to-Total Gains Ratio93.40-372.24-624.50-313.57-313.57-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share38.37
Number of shares26
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.130.10
Usd Book Value Change Per Share0.070.78
Usd Total Gains Per Share0.200.88
Gains per Quarter (26 shares)5.2322.94
Gains per Year (26 shares)20.9491.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
114711118182
228143221162174
342215332243266
456287442325358
570359553406450
6844111664487542
7984813774568634
81125515885649726
91266217995730818
1014069200106812910

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%1.019.00.05.0%8.023.00.025.8%18.031.026.024.0%
Book Value Change Per Share3.01.00.075.0%7.05.00.058.3%10.07.03.050.0%16.012.03.051.6%28.044.03.037.3%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%16.00.04.080.0%19.00.012.061.3%19.00.056.025.3%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%15.02.03.075.0%21.07.03.067.7%33.039.03.044.0%

Fundamentals of Montrose Environmental Grp

About Montrose Environmental Grp

Montrose Environmental Group, Inc. operates as an environmental services company in the United States, Canada, and internationally. The company operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments; environmental emergency response and recovery; toxicology consulting and environmental audits and permits for current operations; facility upgrades; new projects; decommissioning projects; and development projects. This segment also offers technical advisory and consulting services, including regulatory compliance support and planning, environmental, ecosystem and toxicological assessments, and support during responses to environmental disruptions. The Measurement and Analysis segment tests and analyzes air, water, and soil to determine concentrations of contaminants, as well as the toxicological impact of contaminants on flora, fauna, and human health. Its services include source and ambient air testing and monitoring, leak detection, and advanced analytical laboratory services, such as storm water, wastewater, and drinking water analysis. The Remediation and Reuse segment provides engineering, design, implementation, and operations and maintenance services primarily to treat contaminated water, remove contaminants from soil, or create biogas from waste. The company serves financial, oil and gas, utilities, construction, automotive, real-estate, midstream energy, manufacturing, commodities, petrochemical, food and beverage, telecommunications, and engineering industries, as well as local, state, provincial, and federal government entities. Montrose Environmental Group, Inc. was founded in 2012 and is headquartered in North Little Rock, Arkansas.

Fundamental data was last updated by Penke on 2024-03-14 03:09:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Montrose Environmental Grp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Montrose Environmental Grp earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Montrose Environmental Grp to the Waste Management industry mean.
  • A Net Profit Margin of -0.9% means that $-0.01 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Montrose Environmental Grp:

  • The MRQ is -0.9%. The company is not making a profit/loss.
  • The TTM is -5.3%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-0.9%TTM-5.3%+4.4%
TTM-5.3%YOY-5.8%+0.6%
TTM-5.3%5Y-9.4%+4.1%
5Y-9.4%10Y-6.2%-3.2%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%4.3%-5.2%
TTM-5.3%4.2%-9.5%
YOY-5.8%4.5%-10.3%
5Y-9.4%3.3%-12.7%
10Y-6.2%2.7%-8.9%
1.1.2. Return on Assets

Shows how efficient Montrose Environmental Grp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Montrose Environmental Grp to the Waste Management industry mean.
  • -0.2% Return on Assets means that Montrose Environmental Grp generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Montrose Environmental Grp:

  • The MRQ is -0.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.2%TTM-1.0%+0.8%
TTM-1.0%YOY-1.0%+0.1%
TTM-1.0%5Y-1.6%+0.6%
5Y-1.6%10Y-1.2%-0.4%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.2%0.7%-0.9%
TTM-1.0%0.8%-1.8%
YOY-1.0%1.0%-2.0%
5Y-1.6%1.0%-2.6%
10Y-1.2%1.0%-2.2%
1.1.3. Return on Equity

Shows how efficient Montrose Environmental Grp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Montrose Environmental Grp to the Waste Management industry mean.
  • -0.3% Return on Equity means Montrose Environmental Grp generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Montrose Environmental Grp:

  • The MRQ is -0.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.3%TTM-1.7%+1.4%
TTM-1.7%YOY-1.7%+0.0%
TTM-1.7%5Y-5.3%+3.6%
5Y-5.3%10Y-3.5%-1.7%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.3%2.2%-2.5%
TTM-1.7%2.4%-4.1%
YOY-1.7%3.0%-4.7%
5Y-5.3%2.6%-7.9%
10Y-3.5%2.2%-5.7%

1.2. Operating Efficiency of Montrose Environmental Grp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Montrose Environmental Grp is operating .

  • Measures how much profit Montrose Environmental Grp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Montrose Environmental Grp to the Waste Management industry mean.
  • An Operating Margin of -2.0% means the company generated $-0.02  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Montrose Environmental Grp:

  • The MRQ is -2.0%. The company is operating very inefficient. -2
  • The TTM is -4.1%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2.0%TTM-4.1%+2.1%
TTM-4.1%YOY-5.0%+0.9%
TTM-4.1%5Y-5.8%+1.7%
5Y-5.8%10Y-1.8%-4.0%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.0%7.1%-9.1%
TTM-4.1%5.4%-9.5%
YOY-5.0%7.3%-12.3%
5Y-5.8%7.0%-12.8%
10Y-1.8%5.9%-7.7%
1.2.2. Operating Ratio

Measures how efficient Montrose Environmental Grp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Waste Management industry mean).
  • An Operation Ratio of 1.06 means that the operating costs are $1.06 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Montrose Environmental Grp:

  • The MRQ is 1.056. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.047. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.056TTM1.047+0.009
TTM1.047YOY1.057-0.010
TTM1.0475Y1.034+0.013
5Y1.03410Y1.073-0.039
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0561.403-0.347
TTM1.0471.409-0.362
YOY1.0571.366-0.309
5Y1.0341.280-0.246
10Y1.0731.185-0.112

1.3. Liquidity of Montrose Environmental Grp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Montrose Environmental Grp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Waste Management industry mean).
  • A Current Ratio of 1.59 means the company has $1.59 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Montrose Environmental Grp:

  • The MRQ is 1.591. The company is able to pay all its short-term debts. +1
  • The TTM is 1.760. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.591TTM1.760-0.169
TTM1.760YOY2.352-0.593
TTM1.7605Y1.387+0.373
5Y1.38710Y1.887-0.500
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5911.276+0.315
TTM1.7601.280+0.480
YOY2.3521.240+1.112
5Y1.3871.273+0.114
10Y1.8871.219+0.668
1.3.2. Quick Ratio

Measures if Montrose Environmental Grp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Montrose Environmental Grp to the Waste Management industry mean.
  • A Quick Ratio of 1.48 means the company can pay off $1.48 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Montrose Environmental Grp:

  • The MRQ is 1.483. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.644. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.483TTM1.644-0.161
TTM1.644YOY2.256-0.612
TTM1.6445Y1.310+0.334
5Y1.31010Y2.182-0.872
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4830.791+0.692
TTM1.6440.789+0.855
YOY2.2560.843+1.413
5Y1.3100.949+0.361
10Y2.1820.936+1.246

1.4. Solvency of Montrose Environmental Grp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Montrose Environmental Grp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Montrose Environmental Grp to Waste Management industry mean.
  • A Debt to Asset Ratio of 0.42 means that Montrose Environmental Grp assets are financed with 41.9% credit (debt) and the remaining percentage (100% - 41.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Montrose Environmental Grp:

  • The MRQ is 0.419. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.426. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.419TTM0.426-0.007
TTM0.426YOY0.407+0.019
TTM0.4265Y0.578-0.152
5Y0.57810Y0.614-0.036
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4190.600-0.181
TTM0.4260.601-0.175
YOY0.4070.587-0.180
5Y0.5780.592-0.014
10Y0.6140.570+0.044
1.4.2. Debt to Equity Ratio

Measures if Montrose Environmental Grp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Montrose Environmental Grp to the Waste Management industry mean.
  • A Debt to Equity ratio of 72.3% means that company has $0.72 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Montrose Environmental Grp:

  • The MRQ is 0.723. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.743. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.723TTM0.743-0.021
TTM0.743YOY0.688+0.056
TTM0.7435Y1.160-0.417
5Y1.16010Y1.300-0.140
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7231.535-0.812
TTM0.7431.582-0.839
YOY0.6881.480-0.792
5Y1.1601.557-0.397
10Y1.3001.612-0.312

2. Market Valuation of Montrose Environmental Grp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Montrose Environmental Grp generates.

  • Above 15 is considered overpriced but always compare Montrose Environmental Grp to the Waste Management industry mean.
  • A PE ratio of -169.35 means the investor is paying $-169.35 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Montrose Environmental Grp:

  • The EOD is -202.239. Based on the earnings, the company is expensive. -2
  • The MRQ is -169.350. Based on the earnings, the company is expensive. -2
  • The TTM is -57.810. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-202.239MRQ-169.350-32.890
MRQ-169.350TTM-57.810-111.540
TTM-57.810YOY-26.205-31.604
TTM-57.8105Y-40.147-17.663
5Y-40.14710Y-25.901-14.246
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD-202.2398.961-211.200
MRQ-169.3509.070-178.420
TTM-57.8108.807-66.617
YOY-26.20513.106-39.311
5Y-40.1478.740-48.887
10Y-25.90111.374-37.275
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Montrose Environmental Grp:

  • The EOD is 31.162. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 26.094. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -3.278. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD31.162MRQ26.094+5.068
MRQ26.094TTM-3.278+29.372
TTM-3.278YOY17.235-20.513
TTM-3.2785Y0.402-3.680
5Y0.40210Y0.259+0.143
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD31.1621.463+29.699
MRQ26.0941.255+24.839
TTM-3.278-2.216-1.062
YOY17.235-1.379+18.614
5Y0.402-1.045+1.447
10Y0.259-2.245+2.504
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Montrose Environmental Grp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Waste Management industry mean).
  • A PB ratio of 2.06 means the investor is paying $2.06 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Montrose Environmental Grp:

  • The EOD is 2.458. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.059. Based on the equity, the company is underpriced. +1
  • The TTM is 2.261. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.458MRQ2.059+0.400
MRQ2.059TTM2.261-0.203
TTM2.261YOY2.674-0.412
TTM2.2615Y2.366-0.105
5Y2.36610Y1.527+0.840
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD2.4581.280+1.178
MRQ2.0591.373+0.686
TTM2.2611.394+0.867
YOY2.6741.797+0.877
5Y2.3661.601+0.765
10Y1.5272.180-0.653
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Montrose Environmental Grp.

3.1. Institutions holding Montrose Environmental Grp

Institutions are holding 92.266% of the shares of Montrose Environmental Grp.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31BlackRock Inc8.25970.002125093512279069.9895
2023-12-31UBS Asset Mgmt Americas Inc6.97440.02682118868-77223-3.5164
2023-12-31Vanguard Group Inc5.05150.00111534694340772.2709
2023-12-31Champlain Investment Partners, LLC4.49540.26021365747-91612-6.2862
2023-12-31Federated Hermes Inc3.7540.0911140500-120000-9.52
2023-12-31BB&T Corp.3.62150.05621100235-13845-1.2427
2023-12-31BAMCO Inc3.46110.091051494416574.1251
2023-12-31Fred Alger Management, LLC3.14130.1654954358-133589-12.279
2023-12-31Bank of America Corp2.53970.002577158813955422.0801
2023-12-31Emerald Advisers, LLC2.33850.977710461-66760-8.5896
2023-12-31Granite Investment Partners, LLC2.27750.865169193216094530.3105
2023-12-31Stephens Inv Mgmt Group LLC2.05910.29386255629541717.9983
2023-12-31State Street Corporation1.97720.0009600700316195.5562
2023-12-31William Blair Investment Management, LLC1.92720.05475854938386016.7174
2023-12-31Geode Capital Management, LLC1.9250.002584828308655.5717
2023-12-31Emerald Mutual Fund Advisers Trust1.92210.9935583957-51738-8.1388
2023-12-31Blair William & Co1.84790.0615561394-241172-30.0501
2023-12-31Amvescap Plc.1.7330.0045265085174710.8996
2023-12-31Northern Trust Corp1.66190.0029504888425639.2063
2023-12-31HHG PLC1.5950.009348457012422834.475
Total 62.5633.9619007128+268499+1.4%

3.2. Funds holding Montrose Environmental Grp

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Federated Hermes Kaufmann Small Cap A3.7540.87131140500-120000-9.52
2023-12-31Federated Hermes Kaufmann Small Cap Grow3.7540.87141140500-120000-9.52
2024-01-31Champlain Small Company Fund, LLC3.37630.67671025732-4575-0.444
2023-11-30UBS (Lux) ES L/T Thms $Q3.32480.6546101009700
2024-01-31Vanguard Total Stock Mkt Idx Inv2.84570.001786455500
2023-12-31Baron Discovery Institutional2.54981.741477464200
2023-12-31Baron Discovery Strategy2.54981.742777464200
2024-02-29iShares Russell 2000 ETF2.24410.0452681787-111-0.0163
2023-12-31Stephens Small Cap Growth2.05911.08266255629541717.9983
2023-12-31Champlain Small Company Adv1.82680.7282555000-50000-8.2645
2023-12-31Janus Henderson Venture D1.45960.464244342711743236.0226
2023-12-31Janus Henderson US Small Cap Growth1.45960.467444342711743236.0226
2024-01-31Vanguard Institutional Extnd Mkt Idx Tr1.35030.01254102241650.0402
2023-06-30Aperture Discover Equity Instl1.31315.0243398931-42438-9.6151
2023-10-31Old Westbury Small & Mid Cap Strategies1.05330.109332000000
2023-09-30FIAM Small Cap Core Composite1.04740.2664318200-54700-14.6688
2024-01-31Emerald Growth A1.00990.989730680600
2023-12-31Fidelity Small Cap Index0.91730.035227867537081.3485
2023-12-31Alger Weatherbie Specialized Growth A0.9121.5466277084-9100-3.1798
2023-12-31JNL Multi-Manager Small Cap Growth A0.85160.35682587134586121.546
Total 39.658517.688212048504-20909-0.2%

3.3. Insider Transactions

Insiders are holding 7.621% of the shares of Montrose Environmental Grp.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-11-10Allan DicksBUY200025.68
2023-11-10Janet Risi FieldBUY50025.25
2023-09-12De Castro Jose Migue FernandezBUY1000032.94
2023-05-12Janet Risi FieldBUY100036.05

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Montrose Environmental Grp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2090.066+215%-0.027+113%0.780-73%-0.277+233%
Book Value Per Share--15.60815.396+1%15.404+1%10.015+56%18.726-17%
Current Ratio--1.5911.760-10%2.352-32%1.387+15%1.887-16%
Debt To Asset Ratio--0.4190.426-2%0.407+3%0.578-27%0.614-32%
Debt To Equity Ratio--0.7230.743-3%0.688+5%1.160-38%1.300-44%
Dividend Per Share--0.1350.1350%0.1350%0.102+32%0.086+57%
Eps---0.047-0.355+649%-0.397+737%-0.510+975%-0.410+765%
Free Cash Flow Per Share--0.3080.190+62%0.088+251%0.115+167%1.401-78%
Free Cash Flow To Equity Per Share--0.0040.025-85%-0.231+6433%0.720-99%2.104-100%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.038-4%
Intrinsic Value_10Y_max--16.495--------
Intrinsic Value_10Y_min--13.945--------
Intrinsic Value_1Y_max--0.839--------
Intrinsic Value_1Y_min--0.823--------
Intrinsic Value_3Y_max--3.140--------
Intrinsic Value_3Y_min--2.985--------
Intrinsic Value_5Y_max--6.190--------
Intrinsic Value_5Y_min--5.692--------
Market Cap1165707459.000+16%976131891.0001057096456.500-8%1251153177.750-22%903506827.650+8%582907630.742+67%
Net Profit Margin---0.009-0.053+506%-0.058+569%-0.094+977%-0.062+610%
Operating Margin---0.020-0.041+106%-0.050+152%-0.058+192%-0.018-9%
Operating Ratio--1.0561.047+1%1.0570%1.034+2%1.073-2%
Pb Ratio2.458+16%2.0592.261-9%2.674-23%2.366-13%1.527+35%
Pe Ratio-202.239-19%-169.350-57.810-66%-26.205-85%-40.147-76%-25.901-85%
Price Per Share38.370+16%32.13034.795-8%41.183-22%29.740+8%19.187+67%
Price To Free Cash Flow Ratio31.162+16%26.094-3.278+113%17.235+51%0.402+6389%0.259+9958%
Price To Total Gains Ratio111.540+16%93.401372.245-75%624.501-85%313.570-70%313.570-70%
Quick Ratio--1.4831.644-10%2.256-34%1.310+13%2.182-32%
Return On Assets---0.002-0.010+442%-0.010+471%-0.016+798%-0.012+553%
Return On Equity---0.003-0.017+445%-0.017+460%-0.053+1629%-0.035+1058%
Total Gains Per Share--0.3440.201+71%0.108+219%0.882-61%-0.191+156%
Usd Book Value--474180000.000467744000.000+1%467978000.000+1%304253050.000+56%604603741.935-22%
Usd Book Value Change Per Share--0.2090.066+215%-0.027+113%0.780-73%-0.277+233%
Usd Book Value Per Share--15.60815.396+1%15.404+1%10.015+56%18.726-17%
Usd Dividend Per Share--0.1350.1350%0.1350%0.102+32%0.086+57%
Usd Eps---0.047-0.355+649%-0.397+737%-0.510+975%-0.410+765%
Usd Free Cash Flow--9352000.0005773000.000+62%2661750.000+251%3506950.000+167%43211903.226-78%
Usd Free Cash Flow Per Share--0.3080.190+62%0.088+251%0.115+167%1.401-78%
Usd Free Cash Flow To Equity Per Share--0.0040.025-85%-0.231+6433%0.720-99%2.104-100%
Usd Market Cap1165707459.000+16%976131891.0001057096456.500-8%1251153177.750-22%903506827.650+8%582907630.742+67%
Usd Price Per Share38.370+16%32.13034.795-8%41.183-22%29.740+8%19.187+67%
Usd Profit---1441000.000-7714750.000+435%-7954750.000+452%-8475450.000+488%-7442193.548+416%
Usd Revenue--165742000.000156052000.000+6%136104000.000+22%113856700.000+46%172308322.581-4%
Usd Total Gains Per Share--0.3440.201+71%0.108+219%0.882-61%-0.191+156%
 EOD+5 -3MRQTTM+23 -10YOY+24 -95Y+25 -1010Y+19 -17

4.2. Fundamental Score

Let's check the fundamental score of Montrose Environmental Grp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-202.239
Price to Book Ratio (EOD)Between0-12.458
Net Profit Margin (MRQ)Greater than0-0.009
Operating Margin (MRQ)Greater than0-0.020
Quick Ratio (MRQ)Greater than11.483
Current Ratio (MRQ)Greater than11.591
Debt to Asset Ratio (MRQ)Less than10.419
Debt to Equity Ratio (MRQ)Less than10.723
Return on Equity (MRQ)Greater than0.15-0.003
Return on Assets (MRQ)Greater than0.05-0.002
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Montrose Environmental Grp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.247
Ma 20Greater thanMa 5038.290
Ma 50Greater thanMa 10034.281
Ma 100Greater thanMa 20032.219
OpenGreater thanClose37.600
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Other Assets  6,088-9775,1111,3786,4892,1878,676-8,677-1
Tax Provision  3581,0091,367-1,2161511,1731,324-5,146-3,822
Income Tax Expense  3581,0091,367-1,2161511,1731,324-5,146-3,822



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets816,786
Total Liabilities342,606
Total Stockholder Equity474,180
 As reported
Total Liabilities 342,606
Total Stockholder Equity+ 474,180
Total Assets = 816,786

Assets

Total Assets816,786
Total Current Assets200,924
Long-term Assets615,863
Total Current Assets
Cash And Cash Equivalents 23,240
Net Receivables 164,016
Inventory 3,819
Total Current Assets  (as reported)200,924
Total Current Assets  (calculated)191,075
+/- 9,849
Long-term Assets
Property Plant Equipment 102,333
Goodwill 364,449
Intangible Assets 140,814
Other Assets -1
Long-term Assets  (as reported)615,863
Long-term Assets  (calculated)607,595
+/- 8,268

Liabilities & Shareholders' Equity

Total Current Liabilities126,287
Long-term Liabilities216,319
Total Stockholder Equity474,180
Total Current Liabilities
Short-term Debt 28,115
Short Long Term Debt 14,196
Accounts payable 31,053
Other Current Liabilities 58,987
Total Current Liabilities  (as reported)126,287
Total Current Liabilities  (calculated)132,351
+/- 6,064
Long-term Liabilities
Long term Debt 148,988
Capital Lease Obligations 47,152
Long-term Liabilities Other 9,017
Long-term Liabilities  (as reported)216,319
Long-term Liabilities  (calculated)205,157
+/- 11,162
Total Stockholder Equity
Common Stock816,786
Accumulated Other Comprehensive Income -223
Other Stockholders Equity -284,955
Total Stockholder Equity (as reported)474,180
Total Stockholder Equity (calculated)531,608
+/- 57,428
Other
Capital Stock152,928
Cash and Short Term Investments 23,240
Common Stock Shares Outstanding 30,185
Current Deferred Revenue8,132
Liabilities and Stockholders Equity 816,786
Net Debt 187,096
Net Invested Capital 484,436
Net Working Capital 74,637
Property Plant and Equipment Gross 159,145
Short Long Term Debt Total 210,336



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-31
> Total Assets 
776,225
1,551,823
1,541,834
1,554,368
1,501,339
1,599,790
1,490,466
1,543,015
1,193,171
1,301,327
889,272
892,584
856,807
846,818
844,484
1,061,664
805,699
799,103
797,558
804,267
774,561
794,360
797,849
787,548
748,699
795,428
794,174
794,702
753,279
746,765
737,023
731,701
695,388
546,881
574,600
348,223
1,122,184
1,082,548
1,086,041
1,043,108
923,409
773,966
773,421
734,704
739,637
749,876
1,921,368
1,845,693
1,841,681
1,908,553
4,742,774
4,695,876
4,568,788
4,462,165
4,408,352
4,324,760
4,319,492
1,367,238
0
0
0
331,838
319,947
611,381
602,338
602,726
625,229
681,516
667,618
833,094
790,245
787,743
789,105
791,914
783,177
825,665
836,108
816,786
816,786836,108825,665783,177791,914789,105787,743790,245833,094667,618681,516625,229602,726602,338611,381319,947331,8380001,367,2384,319,4924,324,7604,408,3524,462,1654,568,7884,695,8764,742,7741,908,5531,841,6811,845,6931,921,368749,876739,637734,704773,421773,966923,4091,043,1081,086,0411,082,5481,122,184348,223574,600546,881695,388731,701737,023746,765753,279794,702794,174795,428748,699787,548797,849794,360774,561804,267797,558799,103805,6991,061,664844,484846,818856,807892,584889,2721,301,3271,193,1711,543,0151,490,4661,599,7901,501,3391,554,3681,541,8341,551,823776,225
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
129,416
126,692
147,057
120,498
279,774
126,722
114,451
88,343
96,575
92,880
203,296
145,873
149,552
155,922
524,544
504,117
406,844
378,491
354,648
342,869
361,902
1,367,238
0
0
0
73,239
64,561
121,038
127,188
134,268
146,878
175,279
138,586
293,858
238,858
244,236
245,827
247,928
231,007
200,610
213,059
200,924
200,924213,059200,610231,007247,928245,827244,236238,858293,858138,586175,279146,878134,268127,188121,03864,56173,2390001,367,238361,902342,869354,648378,491406,844504,117524,544155,922149,552145,873203,29692,88096,57588,343114,451126,722279,774120,498147,057126,692129,416000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
5,576
0
0
0
1,937
0
0
0
110,407
0
0
0
331,150
0
0
0
93,831
0
0
0
78,100
0
0
0
66,545
0
0
0
28,339
0
0
0
21,840
13,599
10,099
23,141
12,177
16,661
28,450
36,802
19,387
25,244
15,415
71,618
14,255
18,166
26,875
163,823
178,214
72,078
37,802
41,091
33,593
25,378
57,822
0
0
0
6,411
1,520
44,814
38,377
34,386
10,641
40,189
16,006
146,254
93,791
98,414
93,566
89,828
76,794
23,307
23,184
23,240
23,24023,18423,30776,79489,82893,56698,41493,791146,25416,00640,18910,64134,38638,37744,8141,5206,41100057,82225,37833,59341,09137,80272,078178,214163,82326,87518,16614,25571,61815,41525,24419,38736,80228,45016,66112,17723,14110,09913,59921,84000028,33900066,54500078,10000093,831000331,150000110,4070001,9370005,576000
       Short-term Investments 
0
0
0
0
0
0
0
21,419
0
0
0
13,248
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
39,790
0
0
0
34,603
0
0
0
1,010
0
0
0
0
0
0
0
0
0
0
0
0
0
0
119,903
119,903
0
0
0
0
0
1,367,238
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,402
1,394
1,366
1,614
1,627
0
01,6271,6141,3661,3941,402000000000000001,367,23800000119,903119,903000000000000001,01000034,60300039,79000000000000000013,24800021,4190000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
86,933
83,321
96,961
83,263
60,702
61,595
58,486
55,057
60,152
58,667
117,789
117,542
118,733
115,074
320,923
286,746
298,027
323,207
298,474
291,889
307,612
311,826
0
0
0
60,737
55,021
67,019
81,408
92,678
127,407
127,384
112,741
139,160
133,868
135,416
141,371
147,808
139,035
160,834
174,456
164,016
164,016174,456160,834139,035147,808141,371135,416133,868139,160112,741127,384127,40792,67881,40867,01955,02160,737000311,826307,612291,889298,474323,207298,027286,746320,923115,074118,733117,542117,78958,66760,15255,05758,48661,59560,70283,26396,96183,32186,933000000000000000000000000000000000000
       Inventory 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,765
7,289
5,704
6,105
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,368
2,365
2,313
2,428
2,491
2,421
2,347
2,470
2,439
2,515
2,797
3,686
3,632
4,074
4,889
5,035
3,819
3,8195,0354,8894,0743,6323,6862,7972,5152,4392,4702,3472,4212,4912,4282,3132,3652,3680000000000000000000006,1055,7047,2895,765000000000000000000000000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
992,768
955,856
938,984
922,610
442,385
446,549
658,970
646,361
643,062
656,996
1,144,772
1,126,520
1,692,129
1,752,631
4,218,230
4,191,759
3,064,844
2,986,574
2,956,604
2,884,791
2,860,490
2,715,082
0
0
0
258,599
255,386
490,343
475,150
468,458
478,351
506,237
529,032
539,236
551,387
543,507
543,278
543,986
552,170
625,055
623,049
615,863
615,863623,049625,055552,170543,986543,278543,507551,387539,236529,032506,237478,351468,458475,150490,343255,386258,5990002,715,0822,860,4902,884,7912,956,6042,986,5743,064,8444,191,7594,218,2301,752,6311,692,1291,126,5201,144,772656,996643,062646,361658,970446,549442,385922,610938,984955,856992,768000000000000000000000000000000000000
       Property Plant Equipment 
83,162
115,651
111,331
127,483
113,962
110,800
105,564
117,999
84,386
81,415
82,692
98,610
88,374
87,284
85,626
93,066
93,441
92,966
87,223
84,703
80,664
77,296
76,132
75,328
72,906
70,495
69,236
67,591
66,610
64,515
63,934
50,547
48,475
47,355
46,465
57,210
388,134
380,985
374,713
364,724
159,408
161,445
166,105
163,430
162,580
160,353
285,467
278,632
273,910
276,668
495,379
489,262
483,581
476,217
470,537
457,418
455,696
445,591
0
0
0
27,036
28,729
34,771
34,559
34,399
34,941
62,814
61,682
63,997
71,104
72,140
71,903
71,923
83,290
112,634
106,397
102,333
102,333106,397112,63483,29071,92371,90372,14071,10463,99761,68262,81434,94134,39934,55934,77128,72927,036000445,591455,696457,418470,537476,217483,581489,262495,379276,668273,910278,632285,467160,353162,580163,430166,105161,445159,408364,724374,713380,985388,13457,21046,46547,35548,47550,54763,93464,51566,61067,59169,23670,49572,90675,32876,13277,29680,66484,70387,22392,96693,44193,06685,62687,28488,37498,61082,69281,41584,386117,999105,564110,800113,962127,483111,331115,65183,162
       Goodwill 
0
0
0
0
0
0
0
0
96,994
25,544
25,544
25,544
25,544
25,544
25,544
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
355,017
328,400
324,688
315,590
247,107
247,149
247,149
247,149
247,149
247,149
541,475
541,475
541,475
561,832
1,608,191
1,595,726
1,597,486
1,544,624
1,544,624
1,544,624
1,544,624
1,451,036
0
0
0
127,058
127,058
273,096
274,309
274,667
282,199
287,293
304,237
311,944
316,173
315,626
318,413
323,868
326,498
368,563
356,399
364,449
364,449356,399368,563326,498323,868318,413315,626316,173311,944304,237287,293282,199274,667274,309273,096127,058127,0580001,451,0361,544,6241,544,6241,544,6241,544,6241,597,4861,595,7261,608,191561,832541,475541,475541,475247,149247,149247,149247,149247,149247,107315,590324,688328,400355,01700000000000000000000025,54425,54425,54425,54425,54425,54496,99400000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,605
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000008,605000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
1,252,547
0
0
0
1,218,793
634,917
562,646
561,793
560,963
560,133
559,301
559,077
553,050
551,976
550,902
547,811
546,276
545,399
544,279
542,478
541,384
540,332
539,280
541,622
537,179
536,130
535,095
535,758
179,772
179,030
178,290
177,549
210,018
0
0
0
0
0
0
0
0
0
0
239,642
233,310
800,277
854,427
2,035,660
2,031,368
912,487
892,418
871,129
849,839
828,945
788,000
0
0
0
102,549
97,155
169,274
162,201
154,854
157,315
152,740
160,239
160,997
159,425
150,684
146,268
142,107
137,271
137,369
151,577
140,814
140,814151,577137,369137,271142,107146,268150,684159,425160,997160,239152,740157,315154,854162,201169,27497,155102,549000788,000828,945849,839871,129892,418912,4872,031,3682,035,660854,427800,277233,310239,6420000000000210,018177,549178,290179,030179,772535,758535,095536,130537,179541,622539,280540,332541,384542,478544,279545,399546,276547,811550,902551,976553,050559,077559,301560,133560,963561,793562,646634,9171,218,7930001,252,547000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
249,617
246,471
239,583
242,296
35,870
37,955
245,716
235,782
233,333
249,494
35,477
35,833
45,129
38,366
79,000
75,403
71,290
73,315
70,314
32,910
31,225
30,455
0
0
0
1,956
2,444
3,132
4,081
4,538
3,896
3,390
2,874
2,298
4,685
5,057
6,694
-18,061
5,111
6,489
8,676
-29,740
-29,7408,6766,4895,111-18,0616,6945,0574,6852,2982,8743,3903,8964,5384,0813,1322,4441,95600030,45531,22532,91070,31473,31571,29075,40379,00038,36645,12935,83335,477249,494233,333235,782245,71637,95535,870242,296239,583246,471249,617000000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
42,711
37,270
31,338
21,338
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000021,33831,33837,27042,7110000000000000000000000000000000000000000000000
> Total Liabilities 
735,262
1,420,047
1,441,085
1,450,332
1,441,222
1,440,895
1,343,488
1,408,247
1,392,473
1,218,268
812,954
814,174
794,558
787,493
796,050
1,033,334
797,396
800,039
809,604
817,430
806,416
862,245
885,203
888,868
879,200
935,438
949,117
946,892
929,664
940,073
953,870
951,128
928,489
931,281
980,425
936,057
831,160
822,882
828,956
821,970
811,157
698,831
692,179
667,479
664,721
653,320
1,186,131
1,104,058
1,084,475
1,136,926
3,209,145
3,162,105
3,055,674
3,015,324
2,935,935
2,874,238
2,882,599
1,367,238
0
0
0
229,307
257,477
356,688
310,643
312,653
344,562
389,527
368,992
363,665
321,553
319,964
319,779
325,799
320,144
359,731
368,279
342,606
342,606368,279359,731320,144325,799319,779319,964321,553363,665368,992389,527344,562312,653310,643356,688257,477229,3070001,367,2382,882,5992,874,2382,935,9353,015,3243,055,6743,162,1053,209,1451,136,9261,084,4751,104,0581,186,131653,320664,721667,479692,179698,831811,157821,970828,956822,882831,160936,057980,425931,281928,489951,128953,870940,073929,664946,892949,117935,438879,200888,868885,203862,245806,416817,430809,604800,039797,3961,033,334796,050787,493794,558814,174812,9541,218,2681,392,4731,408,2471,343,4881,440,8951,441,2221,450,3321,441,0851,420,047735,262
   > Total Current Liabilities 
48,736
61,613
80,189
127,838
83,259
96,901
85,831
89,672
68,839
122,581
76,263
65,101
51,174
44,577
55,513
280,285
45,034
46,422
57,778
64,344
43,718
49,878
61,773
65,404
44,745
51,228
69,143
66,125
42,666
49,044
59,845
67,921
47,268
51,452
68,155
888,637
99,916
92,025
100,664
92,831
106,525
91,253
76,498
50,214
65,979
56,120
79,992
80,160
97,104
98,184
188,281
175,372
171,315
185,318
157,428
153,448
154,800
153,422
0
0
0
73,252
62,414
133,481
106,058
111,543
131,573
107,223
114,649
147,695
99,695
101,293
103,403
111,442
102,331
124,590
134,829
126,287
126,287134,829124,590102,331111,442103,403101,29399,695147,695114,649107,223131,573111,543106,058133,48162,41473,252000153,422154,800153,448157,428185,318171,315175,372188,28198,18497,10480,16079,99256,12065,97950,21476,49891,253106,52592,831100,66492,02599,916888,63768,15551,45247,26867,92159,84549,04442,66666,12569,14351,22844,74565,40461,77349,87843,71864,34457,77846,42245,034280,28555,51344,57751,17465,10176,263122,58168,83989,67285,83196,90183,259127,83880,18961,61348,736
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,370
2,547
2,551
2,546
12,596
4,388
4,260
3,996
4,663
4,355
4,193
797
0
0
0
7,143
7,460
4,653
5,034
5,583
6,214
16,797
18,639
21,338
20,595
20,438
20,643
23,701
25,825
28,434
29,494
28,115
28,11529,49428,43425,82523,70120,64320,43820,59521,33818,63916,7976,2145,5835,0344,6537,4607,1430007974,1934,3554,6633,9964,2604,38812,5962,5462,5512,54711,3700000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,143
7,460
4,653
5,034
5,583
6,214
6,563
8,750
10,938
8,750
8,750
8,750
12,031
13,125
13,149
14,177
14,196
14,19614,17713,14913,12512,0318,7508,7508,75010,9388,7506,5636,2145,5835,0344,6537,4607,1430000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
15,924
22,965
17,130
25,869
18,119
23,505
19,277
20,248
23,063
14,676
12,129
15,279
14,650
13,319
10,813
8,726
11,218
10,081
9,288
6,384
7,747
6,350
10,660
8,933
6,630
5,549
10,263
8,640
6,078
5,557
8,268
4,071
2,399
2,187
5,268
14,810
99,916
92,025
100,664
92,831
73,978
81,718
76,031
50,214
65,979
56,120
68,622
77,613
70,018
71,103
175,685
170,984
167,055
181,322
152,765
149,093
150,607
18,074
0
0
0
15,034
10,986
12,255
13,360
34,621
15,470
40,995
17,233
68,936
17,625
59,285
58,316
63,412
55,420
66,430
70,810
31,053
31,05370,81066,43055,42063,41258,31659,28517,62568,93617,23340,99515,47034,62113,36012,25510,98615,03400018,074150,607149,093152,765181,322167,055170,984175,68571,10370,01877,61368,62256,12065,97950,21476,03181,71873,97892,831100,66492,02599,91614,8105,2682,1872,3994,0718,2685,5576,0788,64010,2635,5496,6308,93310,6606,3507,7476,3849,28810,08111,2188,72610,81313,31914,65015,27912,12914,67623,06320,24819,27723,50518,11925,86917,13022,96515,924
       Other Current Liabilities 
31,902
37,754
62,199
69,996
44,550
51,469
53,568
67,124
43,942
54,276
63,674
48,573
35,321
30,103
43,649
46,721
32,926
35,590
47,758
57,334
35,500
40,227
48,041
53,426
35,080
42,145
55,349
53,963
33,074
39,987
48,077
60,350
41,369
45,765
59,387
50,147
0
0
0
0
32,547
9,535
467
0
0
0
56,839
58,928
24,535
24,535
139,326
143,468
133,762
161,377
116,965
129,239
125,130
134,551
0
0
0
47,761
39,257
108,837
78,329
65,225
103,413
42,139
70,740
29,514
36,706
2,653
1,174
5,780
10,154
4,119
3,239
58,987
58,9873,2394,11910,1545,7801,1742,65336,70629,51470,74042,139103,41365,22578,329108,83739,25747,761000134,551125,130129,239116,965161,377133,762143,468139,32624,53524,53558,92856,8390004679,53532,547000050,14759,38745,76541,36960,35048,07739,98733,07453,96355,34942,14535,08053,42648,04140,22735,50057,33447,75835,59032,92646,72143,64930,10335,32148,57363,67454,27643,94267,12453,56851,46944,55069,99662,19937,75431,902
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
731,244
730,857
728,292
729,139
704,632
607,578
615,681
617,265
598,742
597,200
1,106,139
1,023,898
987,371
1,038,742
3,020,864
2,986,733
2,884,359
2,830,006
2,778,507
2,720,790
2,727,799
629,573
0
0
0
156,055
195,063
223,207
204,585
201,110
212,989
282,304
254,343
215,970
221,858
218,671
216,376
214,357
217,813
235,141
233,450
216,319
216,319233,450235,141217,813214,357216,376218,671221,858215,970254,343282,304212,989201,110204,585223,207195,063156,055000629,5732,727,7992,720,7902,778,5072,830,0062,884,3592,986,7333,020,8641,038,742987,3711,023,8981,106,139597,200598,742617,265615,681607,578704,632729,139728,292730,857731,244000000000000000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
658,985
665,455
658,216
658,444
651,911
551,337
295,721
295,964
296,210
296,459
906,939
880,117
850,498
904,868
2,415,031
2,387,450
2,287,131
2,245,899
2,245,366
2,214,153
2,215,541
2,160,889
0
0
0
0
157,427
198,089
171,417
170,321
169,425
235,719
205,517
167,574
165,133
162,902
162,207
158,980
156,849
163,355
161,038
0
0161,038163,355156,849158,980162,207162,902165,133167,574205,517235,719169,425170,321171,417198,089157,42700002,160,8892,215,5412,214,1532,245,3662,245,8992,287,1312,387,4502,415,031904,868850,498880,117906,939296,459296,210295,964295,721551,337651,911658,444658,216665,455658,985000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-10,214
-1,430
-1,453
-1,478
2,273
10,262
10,176
10,209
9,349
9,455
9,597
12,756
0
0
0
-7,143
-7,460
-4,653
-5,034
-5,583
-6,214
16,865
12,475
11,677
18,750
18,163
18,653
13,892
18,475
28,984
25,634
19,037
19,03725,63428,98418,47513,89218,65318,16318,75011,67712,47516,865-6,214-5,583-5,034-4,653-7,460-7,14300012,7569,5979,4559,34910,20910,17610,2622,273-1,478-1,453-1,430-10,2140000000000000000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
42,711
37,270
31,338
21,338
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000021,33831,33837,27042,7110000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
242,309
240,146
236,987
232,650
155,309
107,713
105,648
103,101
211,264
206,530
202,994
196,505
217,907
212,664
207,593
198,739
0
0
0
379
490
10,993
13,173
7,088
19,485
3,505
6,646
4,450
5,656
3,641
2,832
4,467
3,124
2,431
3,221
9,017
9,0173,2212,4313,1244,4672,8323,6415,6564,4506,6463,50519,4857,08813,17310,993490379000198,739207,593212,664217,907196,505202,994206,530211,264103,101105,648107,713155,309232,650236,987240,146242,309000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
72,259
65,402
70,076
70,695
52,721
56,241
77,651
81,155
65,545
68,091
43,891
36,068
31,225
30,773
394,569
392,753
394,234
387,602
315,234
293,973
304,665
313,013
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000313,013304,665293,973315,234387,602394,234392,753394,56930,77331,22536,06843,89168,09165,54581,15577,65156,24152,72170,69570,07665,40272,259000000000000000000000000000000000000
> Total Stockholder Equity
40,963
130,834
99,807
103,094
59,175
157,953
146,753
134,768
0
83,059
76,318
78,410
62,249
59,325
48,434
28,330
8,303
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
127,416
97,304
33,953
17
-129,262
-159,911
-176,224
-191,730
-206,371
-217,189
736,981
743,325
758,790
772,757
4,355,752
4,353,766
1,482,049
1,416,694
1,447,970
1,413,057
1,434,003
1,367,238
0
0
0
102,531
62,470
254,693
291,695
290,073
280,667
291,989
298,626
469,429
468,692
467,779
469,326
466,115
463,033
465,934
467,829
474,180
474,180467,829465,934463,033466,115469,326467,779468,692469,429298,626291,989280,667290,073291,695254,69362,470102,5310001,367,2381,434,0031,413,0571,447,9701,416,6941,482,0494,353,7664,355,752772,757758,790743,325736,981-217,189-206,371-191,730-176,224-159,911-129,2621733,95397,304127,41600000000000000000008,30328,33048,43459,32562,24978,41076,31883,0590134,768146,753157,95359,175103,09499,807130,83440,963
   Common Stock
14
17
17
17
17
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
21
21
22
22
22
22
23
23
23
23
23
24
24
115,723
115,725
115,487
116,733
233,520
232,722
277,638
277,760
279,012
281,538
570,237
571,196
579,875
580,447
2,642,022
2,651,390
1,311,141
1,293,835
1,305,155
1,296,879
1,299,327
1,301,269
0
0
0
-36,598
3
-39,725
-41,893
0
0
0
0
0
0
0
0
0
0
-825,665
836,108
816,786
816,786836,108-825,6650000000000-41,893-39,7253-36,5980001,301,2691,299,3271,296,8791,305,1551,293,8351,311,1412,651,3902,642,022580,447579,875571,196570,237281,538279,012277,760277,638232,722233,520116,733115,487115,725115,723242423232323232222222221212020202020202020202020202020202020201717171714
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
107,997
78,165
74,871
40,447
-105,828
-136,046
-118,411
-136,106
-152,252
-166,868
161,076
166,461
173,247
186,642
214,582
206,563
207,353
159,304
174,039
147,402
165,900
97,193
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000097,193165,900147,402174,039159,304207,353206,563214,582186,642173,247166,461161,076-166,868-152,252-136,106-118,411-136,046-105,82840,44774,87178,165107,997000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-31,224
0
0
0
-40
-3
-93
-13
71
100
128
54
36
81
33
53
8
20
-98
-296
-223
-223-296-98208533381365412810071-13-93-3-40000-31,224000000000000000000000000000000000000000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27,437
27,985
28,711
27,953
44,922
44,890
23,024
23,227
23,459
24,794
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33,888
54,405
261,945
259,427
261,588
287,365
291,850
464,143
470,897
477,783
485,030
492,676
504,301
514,494
524,112
0
0524,112514,494504,301492,676485,030477,783470,897464,143291,850287,365261,588259,427261,94554,40533,888000000000000000024,79423,45923,22723,02444,89044,92227,95328,71127,98527,437000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-123,741
-124,571
185,116
-185,116
-185,116
-185,116
-219,656
-217,731
-217,084
-215,884
5,668
5,668
5,668
5,668
1,499,148
1,495,813
-36,445
-36,445
-31,224
-31,224
-31,224
-31,224
0
0
0
74,751
33,885
94,130
303,838
259,427
261,588
287,365
291,850
464,143
470,897
477,783
485,030
492,676
504,301
514,494
-311,996
-284,955
-284,955-311,996514,494504,301492,676485,030477,783470,897464,143291,850287,365261,588259,427303,83894,13033,88574,751000-31,224-31,224-31,224-31,224-36,445-36,4451,495,8131,499,1485,6685,6685,6685,668-215,884-217,084-217,731-219,656-185,116-185,116-185,116185,116-124,571-123,741000000000000000000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue624,208
Cost of Revenue-383,903
Gross Profit240,305240,305
 
Operating Income (+$)
Gross Profit240,305
Operating Expense-268,641
Operating Income-28,420-28,336
 
Operating Expense (+$)
Research Development0
Selling General Administrative206,936
Selling And Marketing Expenses0
Operating Expense268,641206,936
 
Net Interest Income (+$)
Interest Income0
Interest Expense-7,793
Other Finance Cost-1,057
Net Interest Income-6,736
 
Pretax Income (+$)
Operating Income-28,420
Net Interest Income-6,736
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-31,839-32,710
EBIT - interestExpense = -31,755
-31,839
-23,066
Interest Expense7,793
Earnings Before Interest and Taxes (EBIT)-23,962-24,046
Earnings Before Interest and Taxes (EBITDA)32,012
 
After tax Income (+$)
Income Before Tax-31,839
Tax Provision-3,200
Net Income From Continuing Ops-40,230-35,039
Net Income-30,859
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses652,544
Total Other Income/Expenses Net4,2906,736
 

Technical Analysis of Montrose Environmental Grp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Montrose Environmental Grp. The general trend of Montrose Environmental Grp is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Montrose Environmental Grp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Montrose Environmental Grp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 41.77 < 42.72 < 43.05.

The bearish price targets are: 36.20 > 35.50 > 32.00.

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Montrose Environmental Grp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Montrose Environmental Grp. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Montrose Environmental Grp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Montrose Environmental Grp. The current macd is 1.04471037.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Montrose Environmental Grp price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Montrose Environmental Grp. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Montrose Environmental Grp price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Montrose Environmental Grp Daily Moving Average Convergence/Divergence (MACD) ChartMontrose Environmental Grp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Montrose Environmental Grp. The current adx is 28.35.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Montrose Environmental Grp shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Montrose Environmental Grp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Montrose Environmental Grp. The current sar is 37.08.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Montrose Environmental Grp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Montrose Environmental Grp. The current rsi is 55.25. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Montrose Environmental Grp Daily Relative Strength Index (RSI) ChartMontrose Environmental Grp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Montrose Environmental Grp. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Montrose Environmental Grp price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Montrose Environmental Grp Daily Stochastic Oscillator ChartMontrose Environmental Grp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Montrose Environmental Grp. The current cci is -9.15440006.

Montrose Environmental Grp Daily Commodity Channel Index (CCI) ChartMontrose Environmental Grp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Montrose Environmental Grp. The current cmo is 8.15584828.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Montrose Environmental Grp Daily Chande Momentum Oscillator (CMO) ChartMontrose Environmental Grp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Montrose Environmental Grp. The current willr is -61.04129264.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Montrose Environmental Grp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Montrose Environmental Grp Daily Williams %R ChartMontrose Environmental Grp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Montrose Environmental Grp.

Montrose Environmental Grp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Montrose Environmental Grp. The current atr is 1.68783423.

Montrose Environmental Grp Daily Average True Range (ATR) ChartMontrose Environmental Grp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Montrose Environmental Grp. The current obv is -6,442,098.

Montrose Environmental Grp Daily On-Balance Volume (OBV) ChartMontrose Environmental Grp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Montrose Environmental Grp. The current mfi is 49.54.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Montrose Environmental Grp Daily Money Flow Index (MFI) ChartMontrose Environmental Grp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Montrose Environmental Grp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Montrose Environmental Grp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Montrose Environmental Grp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.247
Ma 20Greater thanMa 5038.290
Ma 50Greater thanMa 10034.281
Ma 100Greater thanMa 20032.219
OpenGreater thanClose37.600
Total3/5 (60.0%)
Penke

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