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.

Investment analysts gave a few price targets for MTH. 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. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -16.5 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.41 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of MTH's earnings is estimated by analysts to be 1.58 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of MTH is 7.3.

In the last 52-weeks, MTH has achieved a high of 43.30 and a low of 29.70. Currently the stock is 40.24 percent higher than its low, and below the high by 3.81 percent. MTH has a price/earnings 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 market cap of MTH is $1.69 billion. MTH's next earnings release will be on 0000-00-00, which is days away.