Meritage Homes (MTH)
(Delayed Data from NYSE)
$181.04 USD
+0.32 (0.18%)
Updated May 9, 2024 04:00 PM ET
After-Market: $181.03 -0.01 (-0.01%) 5:46 PM ET
2-Buy of 5 2
B Value D Growth A Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
MTH 181.04 +0.32(0.18%)
Will MTH be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for MTH based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MTH
Are You Looking for a Top Momentum Pick? Why Meritage Homes (MTH) is a Great Choice
Meritage Homes Corporation (MTH) Hits Fresh High: Is There Still Room to Run?
MTH: What are Zacks experts saying now?
Zacks Private Portfolio Services
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Meritage (MTH)
Meritage Homes (MTH) Q1 Earnings Beat, Orders & Backlog Up
Meritage (MTH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Other News for MTH
Meritage Homes Completes Offering of 1.75% Convertible Senior Notes
Meritage Issues $575M in Notes Through Private Placement
KBW Sticks to Its Hold Rating for Meritage (MTH)
Meritage Homes Moves Up In Market Cap Rank, Passing Bio-Rad Laboratories
Meritage Homes Corporation: Reiterate Buy Rating On Strong Demand Profile