Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Meritage Homes Corp (NYSE: MTH) closed at $62.57 down -3.11% from its previous closing price of $64.58. In other words, the price has decreased by -$3.11 from its previous closing price. On the day, 0.98 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 Jun 12 ’25 when Keough Joseph bought 4,000 shares for $66.16 per share. The transaction valued at 264,640 led to the insider holds 41,700 shares of the business.
Keough Joseph bought 5,000 shares of MTH for $346,400 on Mar 13 ’25. The Director now owns 37,700 shares after completing the transaction at $69.28 per share. On Mar 03 ’25, another insider, Feliciano Javier, who serves as the EVP Chief People Officer of the company, sold 4,862 shares for $72.07 each. As a result, the insider received 350,408 and left with 36,278 shares of the company.
Valuation Measures:
As of this moment, Meritage’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.34, and their Forward P/E ratio for the next fiscal year is 6.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 63.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.87.
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 -5.31%, while the 200-Day Moving Average is calculated to be -22.35%.
Shares Statistics:
A total of 71.83M shares are outstanding, with a floating share count of 70.18M. Insiders hold about 2.30% of the company’s shares, while institutions hold 99.27% stake in the company.
