Meritage Hospitality Group Inc. (OTCMKTS:MHGU - Free Report) - Northland Capmk lowered their Q4 2024 earnings estimates for Meritage Hospitality Group in a note issued to investors on Monday, December 16th. Northland Capmk analyst G. Gibas now forecasts that the company will post earnings per share of $0.30 for the quarter, down from their prior estimate of $0.38. The consensus estimate for Meritage Hospitality Group's current full-year earnings is $1.40 per share. Northland Capmk also issued estimates for Meritage Hospitality Group's Q1 2025 earnings at $0.25 EPS, Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.31 EPS and FY2025 earnings at $1.12 EPS.
Meritage Hospitality Group Stock Performance
Shares of OTCMKTS:MHGU traded down $0.43 during midday trading on Wednesday, hitting $14.47. The stock had a trading volume of 735 shares, compared to its average volume of 1,515. The company has a market capitalization of $95.80 million, a PE ratio of 60.27 and a beta of 0.04. Meritage Hospitality Group has a 1 year low of $13.55 and a 1 year high of $19.50. The stock has a 50 day moving average price of $15.46 and a two-hundred day moving average price of $16.37. The company has a current ratio of 0.26, a quick ratio of 0.22 and a debt-to-equity ratio of 1.23.
Meritage Hospitality Group (OTCMKTS:MHGU - Get Free Report) last released its earnings results on Monday, November 4th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by ($0.83). Meritage Hospitality Group had a net margin of 0.62% and a return on equity of 3.38%. The company had revenue of $164.85 million during the quarter, compared to analyst estimates of $181.50 million.
Meritage Hospitality Group Company Profile
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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.
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