MEG or CWST: Which Is the Better Value Stock Right Now?

Core Insights - Montrose Environmental (MEG) is currently rated as a 2 (Buy) by Zacks Rank, while Casella (CWST) holds a 3 (Hold) rating, indicating a more favorable outlook for MEG [3] - MEG has shown positive revisions in earnings estimates, suggesting an improving earnings outlook compared to CWST [3] Valuation Metrics - MEG has a forward P/E ratio of 13.06, significantly lower than CWST's forward P/E of 95.09, indicating that MEG may be undervalued [5] - The PEG ratio for MEG is 0.36, while CWST's PEG ratio is 3.69, further suggesting that MEG is more attractive in terms of growth relative to its price [5] - MEG's P/B ratio stands at 1.12, compared to CWST's P/B of 4.51, reinforcing the notion that MEG is a better value investment [6] - Overall, MEG has a Value grade of A, while CWST has a Value grade of C, highlighting MEG's superior valuation metrics [6]