The current financial score of Meritage Homes Corp is 9.43. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 1.41B, representing a year-over-year decrease of 13.77%, while its net profit experienced a year-over-year decrease of 38.30%.
The current valuation score of Meritage Homes Corp is 8.69. Its current P/E ratio is 10.77, which is 43.59% below the recent high of 15.46 and 67.95% above the recent low of 3.45.
The current earnings forecast score of Meritage Homes Corp is 7.09. The average price target is 80.46, with a high of 90.00 and a low of 68.00.
The current price momentum score of Meritage Homes Corp is 3.78. Currently, the stock price is trading between the resistance level at 65.03 and the support level at 55.13, making it suitable for range-bound swing trading.
The current institutional shareholding score of Meritage Homes Corp is 10.00. The latest institutional shareholding proportion is 121.14%, representing a quarter-over-quarter increase of 14.21%.
The current risk assessment score of Meritage Homes Corp is 7.27. The company's beta value is 1.50. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.