Meritage Hospitality MHGU Stock
Meritage Hospitality Price Chart
Meritage Hospitality MHGU Financial and Trading Overview
| Meritage Hospitality stock price | 12.5 USD |
| Previous Close | 21.25 USD |
| Open | 19.5 USD |
| Bid | 0 USD x 0 |
| Ask | 0 USD x 0 |
| Day's Range | 21.25 - 21.25 USD |
| 52 Week Range | 16.5 - 21.5 USD |
| Volume | 1.11K USD |
| Avg. Volume | 663 USD |
| Market Cap | 138.23M USD |
| Beta (5Y Monthly) | 0.14014 |
| PE Ratio (TTM) | 54.487183 |
| EPS (TTM) | 0.75 USD |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | June 14, 2023 |
| 1y Target Est | N/A |
MHGU Valuation Measures
| Enterprise Value | 169.41M USD |
| Trailing P/E | 54.487183 |
| Forward P/E | N/A |
| PEG Ratio (5 yr expected) | N/A |
| Price/Sales (ttm) | 0.22079372 |
| Price/Book (mrq) | 1.1900761 |
| Enterprise Value/Revenue | 0.271 |
| Enterprise Value/EBITDA | 5.397 |
Trading Information
Meritage Hospitality Stock Price History
| Beta (5Y Monthly) | 0.14014 |
| 52-Week Change | 6.30% |
| S&P500 52-Week Change | 20.43% |
| 52 Week High | 21.5 USD |
| 52 Week Low | 16.5 USD |
| 50-Day Moving Average | 19.22 USD |
| 200-Day Moving Average | 19.49 USD |
MHGU Share Statistics
| Avg. Volume (3 month) | 663 USD |
| Avg. Daily Volume (10-Days) | 230 USD |
| Shares Outstanding | 6.5M |
| Float | 492.28K |
| Short Ratio | 0 |
| % Held by Insiders | 0% |
| % Held by Institutions | 0% |
| Shares Short | 0 |
| Short % of Float | N/A |
| Short % of Shares Outstanding | 0% |
Dividends & Splits
| Trailing Annual Dividend Rate | 0 |
| Trailing Annual Dividend Yield | 0% |
| 5 Year Average Dividend Yield | N/A |
| Payout Ratio | 0 |
| Last Split Factor |
Financial Highlights
Fiscal Year
| Fiscal Year Ends | January 1, 2023 |
| Most Recent Quarter (mrq) | December 30, 2012 |
| Next Fiscal Year End | January 1, 2024 |
Profitability
| Profit Margin | 1.35% |
| Operating Margin (ttm) | 2.23% |
| Gross Margin | 20.12% |
| EBITDA Margin | 5.01% |
Management Effectiveness
| Return on Assets (ttm) | 1.12% |
| Return on Equity (ttm) | 8.04% |
Income Statement
| Revenue (ttm) | 626.04M USD |
| Revenue Per Share (ttm) | 95.07 USD |
| Quarterly Revenue Growth (yoy) | 5.20% |
| Gross Profit (ttm) | N/A |
| EBITDA | 31.39M USD |
| Net Income Avi to Common (ttm) | 6.46M USD |
| Diluted EPS (ttm) | 0.39 |
| Quarterly Earnings Growth (yoy) | -38.89% |
Balance Sheet
| Total Cash (mrq) | 2.01M USD |
| Total Cash Per Share (mrq) | 0.31 USD |
| Total Debt (mrq) | 33.16M USD |
| Total Debt/Equity (mrq) | 394.91 USD |
| Current Ratio (mrq) | 0.374 |
| Book Value Per Share (mrq) | 17.856 |
Cash Flow Statement
| Operating Cash Flow (ttm) | 25.75M USD |
| Levered Free Cash Flow (ttm) | -40223376 USD |
Profile of Meritage Hospitality
| Country | United States |
| State | MI |
| City | Grand Rapids |
| Address | 45 Ottawa Avenue SW |
| ZIP | 49503 |
| Phone | 616 776 2600 |
| Website | https://www.meritagehospitality.com |
| Industry | Restaurants |
| Sector(s) | Consumer Cyclical |
| Full Time Employees | 330 |
Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, and Stan's Tacos, as well as Taco John's brand names 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 based in Grand Rapids, Michigan.
Q&A For Meritage Hospitality Stock
What is a current MHGU stock price?
Meritage Hospitality MHGU stock price today per share is 12.5 USD.
How to purchase Meritage Hospitality stock?
You can buy MHGU shares on the OTC Markets OTCQX exchange. Contact your financial advisor to select a broker.
What is the ticker symbol for Meritage Hospitality?
The stock symbol or ticker of Meritage Hospitality is MHGU.
Which industry does the Meritage Hospitality company belong to?
The Meritage Hospitality industry is Restaurants.
How many shares does Meritage Hospitality have in circulation?
The max supply of Meritage Hospitality shares is 6.63M.
What is Meritage Hospitality Price to Earnings Ratio (PE Ratio)?
Meritage Hospitality PE Ratio is 16.66666600 now.
What was Meritage Hospitality earnings per share over the trailing 12 months (TTM)?
Meritage Hospitality EPS is 0.75 USD over the trailing 12 months.
Which sector does the Meritage Hospitality company belong to?
The Meritage Hospitality sector is Consumer Cyclical.