Meritage Homes (MTH)
(Delayed Data from NYSE)
$165.74 USD
-3.61 (-2.13%)
Updated Apr 30, 2024 04:00 PM ET
After-Market: $165.00 -0.74 (-0.45%) 7:48 PM ET
3-Hold of 5 3
B Value C 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 165.74 -3.61(-2.13%)
Will MTH be a Portfolio Killer in April?
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
Meritage Homes (MTH) Q1 Earnings Beat, Orders & Backlog Up
Meritage (MTH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
MTH: What are Zacks experts saying now?
Zacks Private Portfolio Services
PulteGroup (PHM) Q1 Earnings and Revenues Surpass Estimates
Meritage Homes (MTH) Reports Next Week: Wall Street Expects Earnings Growth
Should Value Investors Buy Meritage Homes (MTH) Stock?
Other News for MTH
Mithril Resources Ramps Up Copalquin Project
Meritage Homes files automatic mixed securities shelf
Will Earnings Cheer Continue To Buoy Markets? Apple, Amazon, Pfizer, Coinbase Lead Flurry Of Q1 Reports This Week
How Is The Market Feeling About Meritage Homes?
MTH Crosses Above Average Analyst Target