Analyst Ratings for Meritage Homes Corp. (MTH)

Updated: 2017-07-27

Analysts covering Meritage Homes Corp. (NYSE:MTH) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for MTH last month.

1 analysts declared MTH a buy, 0 gave an overweight rating, 9 issued a hold rating, 1 gave an underweight rating, and 1 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

MTH was given price targets by several analysts. The highest price target was 50, which equates to a potential upside of 20.05 percent. The lowest price target was 36, implying a possible loss of -13.57 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -16.5 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.41 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of MTH to grow at a rate of 1.58 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. MTH has a PEG ratio of 7.3.

MTH has a 52-week high of 43.30 and a 52-week low of 29.70. Currently the stock is 40.24 percent higher than its low, and 3.81 percent lower than its 52-week high. MTH has a P/E ratio of 11.54. Investors typically compare the P/E ratio to a company's peers in the industry. The MTH value stock report compares MTH to some of its peers using value stock charts. The stock has a market capitalization of $1.69 billion. MTH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.