With 0.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.93 million shares. The 52-week range on MTH shows that it touched its highest point at $106.99 and its lowest point at $59.27 during that stretch. It currently has a 1-year price target of $89.25. With its current market cap of 4.69 billion, MTH has annualized dividend of $1.55 while the current yield stands at 2.38%. Beta for the stock currently stands at 1.37.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTH was up-trending over the past week, with a rise of 1.95%, but this was down by -1.91% over a month. Three-month performance dropped to -14.93% while six-month performance fell -31.71%. The stock lost -26.40% in the past year, while it has lost -15.17% so far this year. A look at the trailing 12-month EPS for MTH yields 9.88 with Next year EPS estimates of 9.15. For the next quarter, that number is 2.00. This implies an EPS growth rate of -22.74% for this year and 10.49% for next year. EPS is expected to grow by 0.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.28%.
Float and Shares Shorts:
At present, 71.83 million MTH shares are outstanding with a float of 70.18 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MTH since 7 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $10.67603 being high and $10.51563 being low. For MTH, this leads to a yearly average estimate of $10.59583. Based on analyst estimates, the high estimate for the next quarter is $2.44 and the low estimate is $1.8. The average estimate for the next quarter is thus $2.21.
