Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Meritage Homes Corp (NYSE: MTH) closed at $67.70 up 0.73% from its previous closing price of $67.21. In other words, the price has increased by $0.73 from its previous closing price. On the day, 0.58 million shares were traded.
Ratios:
For a deeper understanding of Meritage Homes Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 10.94. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on May 05, 2025, initiated with a Buy rating and assigned the stock a target price of $82.
On March 06, 2025, Seaport Research Partners Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $70.
JP Morgan Downgraded its Overweight to Neutral on December 13, 2024, whereas the target price for the stock was revised from $220 to $197.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 13 ’25 when Keough Joseph bought 5,000 shares for $69.28 per share. The transaction valued at 346,400 led to the insider holds 37,700 shares of the business.
Feliciano Javier sold 4,862 shares of MTH for $350,408 on Mar 03 ’25. The EVP Chief People Officer now owns 36,278 shares after completing the transaction at $72.07 per share. On Mar 03 ’25, another insider, Lord Phillippe, who serves as the Chief Executive Officer of the company, sold 36,167 shares for $71.30 each. As a result, the insider received 2,578,554 and left with 228,270 shares of the company.
Valuation Measures:
As of this moment, Meritage’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.85, and their Forward P/E ratio for the next fiscal year is 7.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 68.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 0.94.
Stock Price History:
Over the past 52 weeks, MTH has reached a high of $106.99, while it has fallen to a 52-week low of $59.27. The 50-Day Moving Average of the stock is -1.95%, while the 200-Day Moving Average is calculated to be -19.21%.
Shares Statistics:
A total of 71.83M shares are outstanding, with a floating share count of 70.15M. Insiders hold about 2.34% of the company’s shares, while institutions hold 96.36% stake in the company.
