Montrose Environmental Group (NYSE:ONT) Stock Jumps 8.4% – What’s Next?

Posted by on Nov 2nd, 2026

Shares of Montrose Environmental Group, Inc. (NYSE:ONT – Get Free Report) were up 8.4% on Monday. The stock traded as high as $16.23 and last traded at $16.17. Approximately 62,087 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 565,886 shares. The stock had previously closed at $14.92.

Wall Street Analysts Forecast Growth

ONT has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Montrose Environmental Group from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Thursday, October 8th. Needham & Company LLC lowered their target price on shares of Montrose Environmental Group from $28.00 to $23.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Wall Street Zen lowered shares of Montrose Environmental Group from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd. Weiss Ratings cut shares of Montrose Environmental Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, September 22nd. Finally, Bank of America downgraded shares of Montrose Environmental Group from a “neutral” rating to an “underperform” rating and set a $18.00 price target on the stock. in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Montrose Environmental Group presently has an average rating of “Reduce” and an average price target of $17.50.

View Our Latest Stock Analysis on ONT

Montrose Environmental Group Stock Up 8.4%

The business has a 50-day moving average of $15.58 and a 200 day moving average of $19.39. The company has a market capitalization of $567.89 million, a PE ratio of -49.00, a P/E/G ratio of 1.53 and a beta of 1.80. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.00 and a quick ratio of 2.00.

Montrose Environmental Group (NYSE:ONT – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $186.66 million during the quarter, compared to analysts’ expectations of $179.69 million. Equities research analysts predict that Montrose Environmental Group, Inc. will post 0.74 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. lifted its position in Montrose Environmental Group by 5.2% during the first quarter. Principal Financial Group Inc. now owns 1,346,257 shares of the company’s stock valued at $29,470,000 after purchasing an additional 66,543 shares during the last quarter. Hillsdale Investment Management Inc. grew its stake in shares of Montrose Environmental Group by 3,733.3% in the 1st quarter. Hillsdale Investment Management Inc. now owns 11,500 shares of the company’s stock worth $252,000 after buying an additional 11,200 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Montrose Environmental Group in the 1st quarter worth about $201,000. Finally, Hsbc Holdings PLC increased its holdings in shares of Montrose Environmental Group by 41.9% in the 1st quarter. Hsbc Holdings PLC now owns 15,228 shares of the company’s stock worth $328,000 after buying an additional 4,493 shares during the last quarter. 87.87% of the stock is owned by hedge funds and other institutional investors.

Montrose Environmental Group Company Profile

(Get Free Report)

Montrose Environmental Group, Inc is an environmental services company that helps industrial, commercial, government and other organizations address environmental compliance, sustainability and risk-management needs. Its services span the full project life cycle, from environmental assessment and permitting to monitoring, remediation and ongoing compliance support.

The company provides air quality and emissions testing, environmental laboratory services, consulting, engineering, water and waste management, environmental health and safety support, and remediation services.

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