The Technical Analyst
Meritage Hospitality [MHGU]
Exchange: OTC Sector: Consumer Cyclical Industry: Restaurants
Meritage Hospitality Price, Forecast, Insider, Ratings, Fundamentals & Signals
5.78% $18.43
America/New_York / 3 mai 2024 @ 15:40
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 115.92 mill |
| EPS: | 0.560 |
| P/E: | 32.90 |
| Earnings Date: | May 14, 2024 |
| SharesOutstanding: | 6.29 mill |
| Avg Daily Volume: | 0.0015 mill |
| RATING 2024-05-03 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Sell | |
| Return On Equity: | Neutral | |
| Return On Asset: | Sell | |
| DE: | Strong Buy | |
| P/E: | Buy | |
| Price To Book: | Sell |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 6.26x |
| Company: PE 32.90 | sector: PE 5.26 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 1.18x |
| Company: PE 32.90 | industry: PE 27.97 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 18.28 - 18.58 ( +/- 0.82%) |
| ATR Model: 14 days |
Forecast:
16:00 - $18.43
Live Trading Signals (every 1 min)
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 |
| Volume Signals | |
|---|---|
| Price | $18.43 (5.78% ) |
| Volume | 0.0093 mill |
| Avg. Vol. | 0.0015 mill |
| % of Avg. Vol | 602.40 % |
| Signal 1: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For MHGU
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
MHGU
Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, Stan's Tacos, Freighters Eatery & Taproom, and Twisted Roosters brand names. As of January 2, 2022, it operated 337 restaurants in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. The company was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. in May 1996. Meritage Hospitality Group Inc. was incorporated in 1986 and is headquartered in Grand Rapids, Michigan.
Latest Press Releases
2024-04-12 15:10:00 - Press Release
Meritage Reports First Quarter 2024 Results; Strong Earnings Growth
Grand rapids, mich., april 12, 2024 (globe newswire) -- meritage hospitality group inc. (otcqx: mhgu), the nation's premier franchise operator, today reported financial results for the first quarter ended march 31, 2024.
2024-02-20 12:30:00 - Press Release
Meritage Reports 2023 Full-year Preliminary Results; 2024 Outlook: Accelerated Earnings Growth
Grand rapids, mich., feb. 20, 2024 (globe newswire) -- meritage hospitality group inc. (otcqx: mhgu), the nation's premier franchise restaurant operator, today reported preliminary financial results for the fiscal year ended december 31, 2023.
2023-11-08 11:18:00 - Press Release
Meritage Announces Fourth Quarter Dividend: Margin Improvements Forecasted In 2024
Grand rapids, mich., nov. 08, 2023 (globe newswire) -- meritage hospitality group inc. (otcqx: mhgu), the nation's premier franchise operator, announced today the company's board of directors approved a quarterly special dividend of $0.06 per share. the dividend is payable on january 1, 2024, to shareholders of record as of december 15, 2023.
2023-10-20 15:38:00 - Press Release
Meritage Reports Third Quarter 2023 Results Operating Margin Improvements Ahead
Grand rapids, mich., oct. 20, 2023 (globe newswire) -- meritage hospitality group inc. (otcqx: mhgu), the nation's premier franchise operator, today reported financial results for the third quarter and the nine months ended october 1, 2023.
2023-08-16 15:57:00 - Press Release
Meritage Announces Third Quarter Dividend: And 7 Brew Coffee Development Opportunity
Grand rapids, mich., aug. 16, 2023 (globe newswire) -- meritage hospitality group inc. (otcqx: mhgu), the nation's premier franchise operator, announced today the company's board of directors approved a quarterly special dividend of $0.09 per share. the dividend is payable on october 1, 2023, to shareholders of record as of september 15, 2023.
Latest News
2024-04-25 10:46:17 - Zacks Investment Research
Is Meritage Hospitality Group (MHGU) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
2024-04-16 11:21:06 - Zacks Investment Research
Meritage Hospitality Group (MHGU) Soars 5.4%: Is Further Upside Left in the Stock?
Meritage Hospitality Group (MHGU) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
2024-03-06 11:01:03 - Zacks Investment Research
Meritage Hospitality Group Inc. (MHGU) Earnings Expected to Grow: What to Know Ahead of Q4 Release
Meritage Hospitality Group Inc. (MHGU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
2021-10-15 09:55:00 - GlobeNewsWire
Meritage Reports Third Quarter 2021 Results; Strong Demand Continued Growth
GRAND RAPIDS, Mich., Oct. 15, 2021 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today reported financial results for the third quarter and the nine months ended October 3, 2021.
2021-08-18 09:08:00 - GlobeNewsWire
Meritage Announces Major Development Agreement With Taco John's Restaurants
GRAND RAPIDS, Mich., Aug. 18, 2021 (GLOBE NEWSWIRE) -- Meritage Hospitality Group, Inc. (OTCQX: MHGU), the nation's premier restaurant operator, today announced it has entered into an exclusive multi-unit development agreement with Taco John's to build 50 Taco John's restaurants in the U.S.
2021-08-17 11:33:00 - GlobeNewsWire
Meritage Announces Increased Third Quarter Common Stock Dividend
GRAND RAPIDS, Mich., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today announced that the Company's Board of Directors approved a special quarterly dividend of $0.08 per share. The special dividend is payable on October 1, 2021 to shareholders of record on September 15, 2021.
2021-08-06 08:00:00 - GlobeNewsWire
Meritage Completes New $302 Million Credit Facility; Positioning for Long-Term Growth
GRAND RAPIDS, Mich., Aug. 06, 2021 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today announced that the Company and certain of its subsidiaries have in advisory with Auspex Capital, closed on a new $302.8 million senior secured credit facility syndication led by City National Bank.
2021-07-16 09:23:00 - GlobeNewsWire
Meritage Reports Second Quarter 2021 Results; Strong Sales And Earnings Growth
GRAND RAPIDS, Mich., July 16, 2021 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today reported financial results for the second quarter ended July 4, 2021.
2021-05-18 14:04:00 - GlobeNewsWire
Meritage Announces Annual Meeting Results and Increased Second Quarter Dividend
GRAND RAPIDS, Mich., May 18, 2021 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, announced today during the Annual Shareholders Meeting, that the Company's shareholders elected eight directors: Chris A. Armbruster, Duane F. Kluting, Joseph L. Maggini Sr., Dirk J. Pruis, Gary A. Rose, Robert E. Schermer, Sr., Robert E. Schermer, Jr. and Peter D. Wierenga. Each director will serve a one-year term until the 2022 Annual Shareholders Meeting. The CEO's Report is available on the Company's website and OTCQX: MHGU.
2021-03-02 11:25:00 - GlobeNewsWire
Meritage Announces Increased First Quarter Common Stock Dividend
GRAND RAPIDS, Mich., March 02, 2021 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation's premier franchise operator, today announced that the Company's Board of Directors approved a special quarterly dividend of $0.08 per share, representing a 14.3% increase over the dividend for the same period last year. The dividend is payable on March 26 to shareholders of record on March 15, 2021.