Updated Dec 8, 2021 04:00 PM ET
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
|Zacks Rank||Definition||Annualized Return|
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1-Strong Buy of 5 1
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The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
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B Value F Growth F Momentum F VGM
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
Cash flow Statements
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The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.
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Annual Cash Flow Statement
Fiscal Year End for Meritage Homes Corporation falls in the month of December.
All data in Millions except Per Share data.
Cash Flow From Operations, Investments & Financial Activities
|Cash Flow From Operations, Investments & Financial
|Net Income (Loss)||423.48||249.66||227.33||143.26||149.54|
|Depreciation/Amortization & Depletion||31.05||27.92||26.97||16.70||15.98|
|Net Change from Assets/Liabilities||42.33||33.23||-22.18||-284.06||-291.07|
|Net Cash from Discontinued Operations||0.00||0.00||0.00||0.00||0.00|
|Other Operating Activities||33.50||36.01||30.09||36.97||22.15|
|Net Cash From Operating Activities||530.36||346.82||262.20||-87.13||-103.40|
|Property & Equipment||-19.23||-23.93||-33.32||-17.74||-16.46|
|Acquisition/ Disposition of Subsidiaries||0.00||0.00||0.00||0.00||0.00|
|Other Investing Activities||1.00||11.55||0.60||1.34||3.60|
|Net Cash from Investing Activities||-18.23||-13.49||-33.53||-17.07||-20.11|
Uses of Funds
|Issuance (Repurchase) of Capital Stock||-69.59||-16.04||-100.00||0.00||0.23|
|Issuance (Repayment) of Debt||-16.38||-309.30||15.25||147.34||-6.27|
|Increase (Decrease) Short-Term Debt||0.00||0.00||0.00||0.00||0.00|
|Payment of Dividends & Other Distributions||0.00||0.00||0.00||0.00||0.00|
|Other Financing Activities||0.00||0.00||-3.20||-4.09||-0.96|
|Net Cash from Financing Activities||-85.97||-325.33||-87.95||143.25||-7.00|
|Effect of Exchange Rate Changes||0.00||0.00||0.00||0.00||0.00|
|Net Change In Cash & Equivalents||426.16||8.00||140.72||39.04||-130.51|
|Cash at Beginning of Period||319.47||311.47||170.75||131.70||262.21|
|Cash at End of Period||745.62||319.47||311.47||170.75||131.70|
|Diluted Net EPS||11.00||6.42||5.58||3.41||3.55|