MEG
Montrose Environmental Group, Inc. Industrials - Waste Management Investor Relations →
Montrose Environmental Group, Inc. (MEG) closed at $24.69 as of 2026-02-02, trading 24.0% below its 200-week moving average of $32.47. This places MEG in the extreme value zone. The stock moved further from the line this week, up from -31.7% last week. The 14-week RSI sits at 46, indicating neutral momentum.
Over the past 241 weeks of data, MEG has crossed below its 200-week moving average 6 times. On average, these episodes lasted 30 weeks. The average one-year return after crossing below was -19.5%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $872 million, MEG is a small-cap stock. The company generates a free cash flow yield of 13.2%, which is notably high. Return on equity stands at -4.2%. The stock trades at 1.9x book value.
Share count has increased 15.8% over three years, indicating dilution. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 4.8 years, a hypothetical investment of $100 in MEG would have grown to $50, compared to $172 for the S&P 500. MEG has returned -13.5% annualized vs 12.1% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: MEG vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MEG Crosses Below the Line?
Across 6 historical episodes, buying MEG when it crossed below its 200-week moving average produced an average return of -21.8% after 12 months (median -28.0%), compared to +13.2% for the S&P 500 over the same periods. 33% of those episodes were profitable after one year. After 24 months, the average return was -33.5% vs +37.2% for the index.
Each line shows $100 invested at the moment MEG crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MEG has crossed below its 200-week MA 6 times with an average 1-year return of +-19.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2022 | Feb 2022 | 5 | 7.3% | +23.4% | -42.2% |
| Apr 2022 | Nov 2022 | 30 | 33.3% | -32.9% | -45.6% |
| Dec 2022 | Jan 2023 | 4 | 2.8% | -26.8% | -43.1% |
| Feb 2023 | Apr 2024 | 57 | 48.3% | +2.3% | -33.6% |
| Apr 2024 | Apr 2024 | 1 | 3.9% | -63.7% | -38.6% |
| Jul 2024 | Ongoing | 84+ | 70.1% | Ongoing | -38.7% |
| Average | 30 | — | +-19.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02