$ 70.14
Key Takeaways
Risk factor
Good trading liquidity
Profitability factor
Strong margins and returns
About
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers....
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBI
Target Price
The average target price of MTH is 82 and suggests 17% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase