$MTH, waiting for Price correction

27 Mei 2023

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services
Positive:

• Yields high return on invested capital
  
• Consistently increasing earnings per share
  
• 9 analysts have revised their earnings upwards for the upcoming period
  
• Trading at a low P/E ratio relative to near-term earnings growth
  
• Has maintained dividend payments for 9 consecutive years
  
• Liquid assets exceed short term obligations
  
• Profitable over the last twelve months
  
• Large price uptick over the last six months
  

Negative:

• Stock price movements are quite volatile