Montrose Environmental Group, Inc. (NYSE:ONT) Receives $19.50 Consensus Target Price from Analysts

Posted by Brenda Bartman on Aug 26th, 2026

Montrose Environmental Group, Inc. (NYSE:ONT – Get Free Report) has been assigned an average recommendation of “Reduce” from the six analysts that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $19.50.

A number of research analysts recently commented on ONT shares. Zacks Research upgraded Montrose Environmental Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Weiss Ratings downgraded shares of Montrose Environmental Group from a “sell (d)” rating to a “sell (e+)” rating in a research note on Tuesday, August 11th. Barclays reissued an “equal weight” rating and issued a $15.00 price target (down from $19.00) on shares of Montrose Environmental Group in a report on Friday, August 7th. Needham & Company LLC dropped their price objective on shares of Montrose Environmental Group from $28.00 to $23.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Finally, Bank of America downgraded shares of Montrose Environmental Group from a “neutral” rating to an “underperform” rating and set a $18.00 price objective for the company. in a report on Thursday, August 6th.

Read Our Latest Report on Montrose Environmental Group

Insider Transactions at Montrose Environmental Group

In other Montrose Environmental Group news, Director Peter Graham purchased 25,140 shares of the business’s stock in a transaction on Friday, June 5th. The stock was purchased at an average price of $17.19 per share, for a total transaction of $432,156.60. Following the completion of the purchase, the director directly owned 256,689 shares in the company, valued at approximately $4,412,483.91. This trade represents a 10.86% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 10.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Montrose Environmental Group

Hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC acquired a new stake in Montrose Environmental Group in the 3rd quarter valued at $32,000. Canada Pension Plan Investment Board raised its stake in Montrose Environmental Group by 533.3% during the second quarter. Canada Pension Plan Investment Board now owns 1,900 shares of the company’s stock worth $42,000 after acquiring an additional 1,600 shares in the last quarter. Dixon Mitchell Investment Counsel Inc. acquired a new position in Montrose Environmental Group during the fourth quarter worth $75,000. Tower Research Capital LLC TRC lifted its holdings in shares of Montrose Environmental Group by 95.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,085 shares of the company’s stock valued at $68,000 after acquiring an additional 1,508 shares during the period. Finally, Assetmark Inc. bought a new position in shares of Montrose Environmental Group during the fourth quarter valued at $84,000. 87.87% of the stock is owned by institutional investors and hedge funds.

Montrose Environmental Group Trading Up 4.2%

Shares of ONT opened at $15.98 on Wednesday. The stock’s 50-day moving average price is $18.97 and its 200 day moving average price is $20.25. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $561.22 million, a price-to-earnings ratio of -48.42, a P/E/G ratio of 1.58 and a beta of 1.66. Montrose Environmental Group has a 12-month low of $12.68 and a 12-month high of $31.22.

Montrose Environmental Group (NYSE:ONT – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.43. Montrose Environmental Group had a positive return on equity of 4.11% and a negative net margin of 1.44%.The company had revenue of $186.66 million during the quarter, compared to the consensus estimate of $179.69 million. As a group, research analysts predict that Montrose Environmental Group will post 0.74 earnings per share for the current year.

About Montrose Environmental Group

(Get Free Report)

Montrose Environmental Group (NYSE: MEG) is a global provider of environmental technical and monitoring services, delivering solutions for site assessment, remediation, compliance and long-term environmental stewardship. The company serves a broad range of industries, including energy, manufacturing, chemicals, mining and government agencies, supporting clients with risk management strategies, regulatory permitting and environmental permitting.

Montrose’s core offerings encompass environmental consulting, engineering design, field sampling and laboratory analysis, plus innovative digital monitoring platforms.