|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||80.12 - 86.93|
|52 Week Range||25.24 - 117.06|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||7.88|
|Earnings Date||Apr 26, 2021 - Apr 30, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 26, 1996|
|1y Target Est||105.57|
The Meaning Behind Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the consumer cyclical sector that may be worth watching: Meritage Homes (NYSE:MTH) - P/E: 7.46 Hovnanian Enterprises (NYSE:HOV) - P/E: 8.24 Big 5 Sporting Goods (NASDAQ:BGFV) - P/E: 9.13 TravelCenters Of America (NASDAQ:TA) - P/E: 6.83 PulteGroup (NYSE:PHM) - P/E: 8.77 Meritage Homes's earnings per share for Q4 sits at 3.97, whereas in Q3, they were at 2.84. Meritage Homes does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Hovnanian Enterprises has reported Q4 earnings per share at 5.54, which has increased by 156.48% compared to Q3, which was 2.16. Hovnanian Enterprises does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Most recently, Big 5 Sporting Goods reported earnings per share at 1.31, whereas in Q2 earnings per share sat at 0.52. Most recently, the company reported a dividend yield of 5.01%, which has increased by 0.65% from last quarter's yield of 4.36%. TravelCenters Of America's earnings per share for Q3 sits at 0.65, whereas in Q2, they were at 0.59. TravelCenters Of America does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. PulteGroup's earnings per share for Q4 sits at 1.49, whereas in Q3, they were at 1.34. Its most recent dividend yield is at 1.22%, which has decreased by 0.13% from 1.35% in the previous quarter. These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector. See more from BenzingaClick here for options trades from BenzingaUnusual Options Activity Insight: Las Vegas SandsUnderstanding Blink Charging's Unusual Options Activity© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
SCOTTSDALE, Ariz., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, announces that CEO Phillippe Lord was appointed to its board of directors on February 17, 2021, bringing its membership to a total of 10. Mr. Lord, who previously served as chief operating officer of Meritage Homes, became CEO on January 1, 2021, replacing former Chairman and CEO Steven J. Hilton. Mr. Hilton has since transitioned to the role of executive chairman. Mr. Peter Ax, lead independent director on Meritage’s board of directors, said of the appointment, “I would like to welcome Mr. Lord onto the Board. This is an exciting time for Meritage, given the momentum from the strong 2020 results. On behalf of the Board, we look forward to partnering with Mr. Lord to continue to deliver shareholder value by focusing on Meritage’s long-term growth strategy while realizing environmental, social and governance initiatives that will enhance the company culture in the near and longer term.” About Meritage Meritage Homes is the seventh-largest public homebuilder in the United States, based on homes closed in 2019. Meritage offers a variety of homes that are designed with a focus on first-time and first move-up buyers in Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina and Tennessee. The Company has closed over 135,000 homes in its 36-year history, and has a reputation for its distinctive style, quality construction, and award-winning customer experience. Meritage is the industry leader in energy-efficient homebuilding and a seven-year recipient of the U.S. Environmental Protection Agency's ENERGY STAR® Partner of the Year for Sustained Excellence Award since 2013 for innovation and industry leadership in energy efficient homebuilding. For more information, visit www.meritagehomes.com. Contact:Emily Tadano, VP Investor Relations (480) 515-8979 email@example.com
P/B ratio is emerging as a convenient tool to identify low-priced stocks that have high growth prospects.