Meritage Homes (MTH)
(Delayed Data from NYSE)
$191.31 USD
-4.67 (-2.38%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $191.14 -0.17 (-0.09%) 7:58 PM ET
1-Strong Buy of 5 1
B Value D Growth D Momentum D 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 191.31 -4.67(-2.38%)
Will MTH be a Portfolio Killer in August?
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
RPM International (RPM) Q4 Earnings Meet Estimates, Up Y/Y
Meritage Homes (MTH) Q2 Earnings & Revenues Top, '24 View Up
MTH: What are Zacks experts saying now?
Zacks Private Portfolio Services
Meritage (MTH) Reports Q2 Earnings: What Key Metrics Have to Say
Meritage Homes (MTH) Beats Q2 Earnings and Revenue Estimates
NVR (NVR) Lags Q2 Earnings Estimates
Other News for MTH
Meritage Homes price target raised by $10 at Raymond James, here's why
Mithril Resources Schedules Shareholder Meeting
Meritage Homes Certified By Great Place To Work? For Second Year In a Row
Meritage (MTH) Receives a Hold from KBW
Mithril Resources Gears Up for Growth with Capital Raise and Drilling Program