Meritage Stock Target Price and Analyst Consensus

MTH Stock  USD 152.07  1.64  1.09%   
The current analyst and expert consensus on Meritage is Buy with 6 hold recommendations. The current projected Meritage target price consensus is 167.57 with 10 analyst opinions. One of the most common ways Meritage analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Meritage vendors, executives, and/or customers. Meritage recommendation module provides expert sentiment on the projected Meritage target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Meritage to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
Lowest Forecast
152.49
Highest Forecast
186
Target Price
167.57
As of now, Meritage's Net Profit Margin is increasing as compared to previous years. As of now, Meritage's Non Current Assets Total are increasing as compared to previous years. The Meritage's current Non Currrent Assets Other is estimated to increase to about 281.4 M, while Short and Long Term Debt Total is projected to decrease to under 660.1 M.
  
It's important to approach Meritage's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Meritage price targets

Meritage's stock target price is an estimate of its future price, usually made by analysts. Using Meritage's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Meritage's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Meritage's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Meritage Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Meritage is a key component of Meritage valuation and have some predictive power on the future returns of a Meritage.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meritage's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
147.81149.97152.13
Details
Intrinsic
Valuation
LowRealHigh
135.39158.08160.24
Details
Naive
Forecast
LowNextHigh
140.39142.55144.71
Details
Earnings
Estimates (0)
LowProjected EPSHigh
3.263.523.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Meritage. Your research has to be compared to or analyzed against Meritage's peers to derive any actionable benefits. When done correctly, Meritage's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Meritage.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Cash Cows Idea
Cash Cows
Invested a lot of shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Momentum Idea
Momentum
Invested over 50 shares
ESG Investing Idea
ESG Investing
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 70 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
Check out Macroaxis Advice on Meritage to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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The data published in Meritage's official financial statements usually reflect Meritage's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Meritage. For example, before you start analyzing numbers published by Meritage accountants, it's critical to develop an understanding of what Meritage's liquidity, profitability, and earnings quality are in the context of the Household Durables space in which it operates.
Please note, the presentation of Meritage's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Meritage's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Meritage's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Meritage. Please utilize our Beneish M Score to check the likelihood of Meritage's management manipulating its earnings.