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Meritage Hospitality Group OTCPK:MHGU Stock Report

Last Price

US$18.00

Market Cap

US$118.4m

7D

-1.1%

1Y

-7.7%

Updated

27 Mar, 2024

Data

Company Financials +

Meritage Hospitality Group Inc.

OTCPK:MHGU Stock Report

Market Cap: US$118.4m

Meritage Hospitality Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meritage Hospitality Group
Historical stock prices
Current Share PriceUS$18.00
52 Week HighUS$21.30
52 Week LowUS$17.00
Beta0.10
1 Month Change-2.70%
3 Month Change-7.69%
1 Year Change-7.69%
3 Year Change-13.46%
5 Year Change3.21%
Change since IPO176.65%

Recent News & Updates

Recent updates

Shareholder Returns

MHGUUS HospitalityUS Market
7D-1.1%2.7%0.6%
1Y-7.7%32.8%29.5%

Return vs Industry: MHGU underperformed the US Hospitality industry which returned 32.8% over the past year.

Return vs Market: MHGU underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is MHGU's price volatile compared to industry and market?
MHGU volatility
MHGU Average Weekly Movement1.9%
Hospitality Industry Average Movement5.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: MHGU has not had significant price volatility in the past 3 months.

Volatility Over Time: MHGU's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19866,800Robert Schermerhttps://www.meritagehospitality.com

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. Fundamentals Summary

How do Meritage Hospitality Group's earnings and revenue compare to its market cap?
MHGU fundamental statistics
Market capUS$118.43m
Earnings (TTM)US$6.46m
Revenue (TTM)US$626.04m

18.3x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MHGU income statement (TTM)
RevenueUS$626.04m
Cost of RevenueUS$500.06m
Gross ProfitUS$125.99m
Other ExpensesUS$119.53m
EarningsUS$6.46m

Last Reported Earnings

Jan 01, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.98
Gross Margin20.12%
Net Profit Margin1.03%
Debt/Equity Ratio171.5%

How did MHGU perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

n/a

Payout Ratio
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