Meritage Homes Corp (NYSE: MTH) flaunted slowness of -1.21% at $189.30, before settling in for the price of $191.62 at the close. Taking a more long-term approach, MTH posted a 52-week range of $137.70-$213.98.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 12.17% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 28.99%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.71%. This publicly-traded company’s shares outstanding now amounts to $36.43 million, simultaneously with a float of $35.30 million. The organization now has a market capitalization sitting at $6.85 billion. At the time of writing, stock’s 50-day Moving Average stood at $191.65, while the 200-day Moving Average is $177.80.
Meritage Homes Corp (MTH) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Meritage Homes Corp industry. Meritage Homes Corp’s current insider ownership accounts for 2.43%, in contrast to 100.03% institutional ownership. According to the most recent insider trade that took place on Aug 23 ’24, this organization’s Director sold 5,000 shares at the rate of 200.00, making the entire transaction reach 1,000,000 in total value, affecting insider ownership by 22,750.
Meritage Homes Corp (MTH) Earnings and Revenue Records
Meritage Homes Corp’s EPS increase for this current 12-month fiscal period is 6.71% and is forecasted to reach 21.44 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -7.44% through the next 5 years, which can be compared against the 28.99% growth it accomplished over the previous five years trading on the market.
Meritage Homes Corp (NYSE: MTH) Trading Performance Indicators
Let’s observe the current performance indicators for Meritage Homes Corp (MTH). It’s Quick Ratio in the last reported quarter now stands at 1.47. The Stock has managed to achieve an average true range (ATR) of 6.79. Alongside those numbers, its PE Ratio stands at $8.57, and its Beta score is 1.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.06.
In the same vein, MTH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 22.09, a figure that is expected to reach 4.55 in the next quarter, and analysts are predicting that it will be 21.44 at the market close of one year from today.
Technical Analysis of Meritage Homes Corp (MTH)
Now, what If we examine the latest scores posted by [Meritage Homes Corp, MTH]. During the last 5-days, its volume was lower the volume of 0.41 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 77.68% While, its Average True Range was 6.85.
Raw Stochastic average of Meritage Homes Corp (MTH) in the period of the previous 100 days is set at 57.59%, which indicates a major fall in contrast to 65.03% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 40.72% that was higher than 40.15% volatility it exhibited in the past 100-days period.
