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Dominance

Meritage Hospitality MHGU Stock

17.6 USD {{ price }} 0.000000% {{change_pct}}%
INDUSTRY
Restaurants
Exchange
Other OTC
Market Cap
114.72M USD
LOW - HIGH [24H]
17.6 - 17.6 USD
VOLUME [24H]
135 USD
{{ volume }}
P/E Ratio
31.42
Earnings per share
0.56 USD

Meritage Hospitality Price Chart

Meritage Hospitality MHGU Financial and Trading Overview

Meritage Hospitality stock price 17.6 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) 0.56 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 17.6 USD.

How to purchase Meritage Hospitality stock?

You can buy MHGU shares on the Other OTC 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 6.52M.

What is Meritage Hospitality Price to Earnings Ratio (PE Ratio)?

Meritage Hospitality PE Ratio is 31.42857200 now.

What was Meritage Hospitality earnings per share over the trailing 12 months (TTM)?

Meritage Hospitality EPS is 0.56 USD over the trailing 12 months.

Which sector does the Meritage Hospitality company belong to?

The Meritage Hospitality sector is Consumer Cyclical.