Alert: Major Price Advance (12/14/23)-Meritage Homes Corp (NYSE: MTH).


On 12/14/23, Meritage Homes Corp (NYSE: MTH) stock enjoyed a major increase of 10.1%, closing at $178.65. Moreover, exceptionally high trading volume at 264% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 18.7% during the last week.


Current PriceTarget Research Rating

MTH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Meritage Homes has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Meritage Homes has a very high Appreciation Score of 86 and a very high Power Rating of 89, resulting in the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.