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Meritage Hospitality Group (MHGU)
OTHER OTC:MHGU
MHGU Stock Chart & Stats
$4.12
$0.21(1.59%)
At close: 4:00 PM EST
$4.12
$0.21(1.59%)
Day’s Range― - ―
52-Week Range$2.07 - $15.00
Previous CloseN/A
Volume555.00
Average Volume (3M)7.04K
Market Cap
$16.61M
Enterprise Value$584.41M
Total Cash (Recent Filing)$12.12M
Total Debt (Recent Filing)$578.97M
Price to Earnings (P/E)―
Beta-0.17
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding6,291,000
10 Day Avg. Volume16,325
30 Day Avg. Volume7,036
Financial Highlights & Ratios
PEG Ratio0.65
Price to Book (P/B)0.72
Price to Sales (P/S)0.14
P/FCF Ratio-5.44
Enterprise Value/Market Cap35.19
Enterprise Value/Revenue0.91
Enterprise Value/Gross Profit3.78
Enterprise Value/Ebitda34.50
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Franchise Network ExpansionExpanding the franchise network with established brands can drive long-term revenue growth and enhance market presence, leveraging brand recognition and operational efficiencies.
Strategic PartnershipsStrategic partnerships and acquisitions can provide access to new markets and technologies, fostering innovation and competitive advantage in the evolving foodservice industry.
Revenue StreamsDiverse revenue streams from direct sales and franchise operations provide financial stability, reducing reliance on a single income source and enhancing resilience against market fluctuations.
Bears Say
Declining RevenueA declining revenue trend indicates challenges in maintaining sales growth, which may affect long-term profitability and market competitiveness if not addressed.
High LeverageHigh leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth opportunities or weather economic downturns.
Margin CompressionSignificant margin compression suggests rising costs or pricing pressures, which can erode profitability and hinder the company's ability to invest in future growth.
Meritage Hospitality Group News
MHGU FAQ
What was Meritage Hospitality Group’s price range in the past 12 months?
Meritage Hospitality Group lowest stock price was $2.07 and its highest was $15.00 in the past 12 months.
What is Meritage Hospitality Group’s market cap?
Meritage Hospitality Group’s market cap is $16.61M.
When is Meritage Hospitality Group’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Meritage Hospitality Group’s earnings last quarter?
Currently, no data Available
Is Meritage Hospitality Group overvalued?
According to Wall Street analysts Meritage Hospitality Group’s price is currently Overvalued.
Does Meritage Hospitality Group pay dividends?
Meritage Hospitality Group pays a Notavailable dividend of $0.06 which represents an annual dividend yield of N/A. See more information on Meritage Hospitality Group dividends here
What is Meritage Hospitality Group’s EPS estimate?
Meritage Hospitality Group’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Meritage Hospitality Group have?
Meritage Hospitality Group has 6,291,000 shares outstanding.
What happened to Meritage Hospitality Group’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Meritage Hospitality Group?
Currently, no hedge funds are holding shares in MHGU
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Meritage Hospitality Group
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.
Technical Analysis
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