From Yahoo Finance: 2025-04-30 08:29:00

In the first quarter of 2025, Conestoga Capital Advisors saw a decline in equities due to concerns over slowing earnings from major tech companies and geopolitical tensions. The Conestoga Small Cap Composite returned -11.35%, Conestoga SMid Cap Composite returned -5.73%, Conestoga Micro-Cap Composite returned -8.24%, and Conestoga Mid Cap Composite returned 0.96%.

Montrose Environmental Group, Inc. (NYSE: MEG) was highlighted in Conestoga Capital Advisors’ investor letter. The company is an environmental services company with a one-month return of 12.43%. On April 29, 2025, MEG stock closed at $15.29 per share with a market cap of $530.006 million.

Conestoga Capital Advisors mentioned in its letter that Montrose Environmental Group, Inc. (NYSE: MEG) faces challenges despite strong performance. The stock surged over 30% in late February but remains under pressure. With 80% of revenue from corporate customers, growth prospects may be impacted by potential changes in environmental regulations.

Montrose Environmental Group, Inc. (NYSE: MEG) is not among the 30 Most Popular Stocks Among Hedge Funds. 17 hedge funds held MEG at the end of Q4, with a 14.1% increase in revenue from the previous quarter. While MEG shows promise as an investment, AI stocks are believed to offer greater returns in a shorter timeframe. Check out Insider Monkey’s report on the cheapest AI stock for more information.

Read more: New EPA Regulations Could Challenge Montrose Environmental Group’s (MEG) Growth