MI Homes Inc (MHO) EPS growth this year is 22.31%: Get Prepared for Trading Lift Off

Witnessing the stock’s movement on the chart, on Thursday, MI Homes Inc (NYSE: MHO) had a quiet start as it plunged -3.53% to $136.40, before settling in for the price of $141.39 at the close. Taking a more long-term approach, MHO posted a 52-week range of $109.92-$176.18.

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It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 12.40% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 34.34%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 22.31%. This publicly-traded company’s shares outstanding now amounts to $27.21 million, simultaneously with a float of $26.75 million. The organization now has a market capitalization sitting at $3.71 billion. At the time of writing, stock’s 50-day Moving Average stood at $159.44, while the 200-day Moving Average is $142.90.

MI Homes Inc (MHO) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Residential Construction industry. MI Homes Inc’s current insider ownership accounts for 1.67%, in contrast to 96.91% institutional ownership. According to the most recent insider trade that took place on Nov 25 ’24, this organization’s Chairman, CEO & President sold 3,342 shares at the rate of 171.58, making the entire transaction reach 573,404 in total value, affecting insider ownership by 312,242. Preceding that transaction, on Nov 25 ’24, Company’s Chairman, CEO & President sold 4,838 for 171.29, making the whole transaction’s value amount to 828,691. This particular insider is now the holder of 315,584 in total.

MI Homes Inc (MHO) Earnings and Revenue Records

MI Homes Inc’s EPS increase for this current 12-month fiscal period is 22.31% and is forecasted to reach 20.42 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.50% through the next 5 years, which can be compared against the 34.34% growth it accomplished over the previous five years trading on the market.

MI Homes Inc (NYSE: MHO) Trading Performance Indicators

Let’s observe the current performance indicators for MI Homes Inc (MHO). It’s Quick Ratio in the last reported quarter now stands at 1.63. The Stock has managed to achieve an average true range (ATR) of 5.88. Alongside those numbers, its PE Ratio stands at $7.31, and its Beta score is 2.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.87. Similarly, its price to free cash flow for trailing twelve months is now 30.20.

In the same vein, MHO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 18.66, a figure that is expected to reach 4.83 in the next quarter, and analysts are predicting that it will be 20.42 at the market close of one year from today.

Technical Analysis of MI Homes Inc (MHO)

Going through the that latest performance of [MI Homes Inc, MHO]. Its last 5-days volume of 0.33 million indicated improvement to the volume of 0.27 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 4.79% While, its Average True Range was 6.03.

Raw Stochastic average of MI Homes Inc (MHO) in the period of the previous 100 days is set at 0.48%, which indicates a major fall in contrast to 0.59% 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 33.28% that was lower than 38.18% volatility it exhibited in the past 100-days period.