3 Reasons to Sell MTH and 1 Stock to Buy Instead
MTH Stock | USD 154.10 2.00 1.28% |
Under 55% of Meritage's investor base is interested to short. The analysis of overall sentiment of trading Meritage stock suggests that many investors are impartial at this time. Meritage's investing sentiment shows overall attitude of investors towards Meritage.
Meritage |
Since June 2024, Meritage Homes has been in a holding pattern, posting a small return of 4.1 percent while floating around 177.01. The stock also fell short of the SP 500s 12.1 percent gain during that period.
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Meritage Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Meritage can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Meritage Fundamental Analysis
We analyze Meritage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Meritage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Meritage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Target Price
Target Price Comparative Analysis
Meritage is currently under evaluation in target price category among its peers.
Meritage Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Meritage stock to make a market-neutral strategy. Peer analysis of Meritage could also be used in its relative valuation, which is a method of valuing Meritage by comparing valuation metrics with similar companies.
Peers
Meritage Related Equities
KBH | KB Home | 0.88 |
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HOV | Hovnanian Enterprises | 0.94 |
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TMHC | Taylor Morn | 1.00 |
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LGIH | LGI Homes | 1.57 |
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MHO | MI Homes | 1.74 |
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BZH | Beazer Homes | 1.78 |
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TPH | TRI Pointe | 1.92 |
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CCS | Century Communities | 1.92 |
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Complementary Tools for Meritage Stock analysis
When running Meritage's price analysis, check to measure Meritage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meritage is operating at the current time. Most of Meritage's value examination focuses on studying past and present price action to predict the probability of Meritage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage's price. Additionally, you may evaluate how the addition of Meritage to your portfolios can decrease your overall portfolio volatility.
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