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Stock impact report

3 Reasons to Avoid MTH and 1 Stock to Buy Instead [Yahoo! Finance]

Meritage Homes Corporation (MTH) 
Last meritage homes corporation earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.meritagehomes.com
Company Research Source: Yahoo! Finance
The stock also fell short of the S&P 500's 15.7% gain during that period. Is now the time to buy Meritage Homes, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it's free Why Do We Think Meritage Homes Will Underperform? We're cautious about Meritage Homes. Here are three reasons why MTH doesn't excite us and a stock we'd rather own. 1. Backlog Declines as Orders Drop Investors interested in Home Builders companies should track backlog in addition to reported revenue. This metric shows the value of outstanding orders that have not yet been executed or delivered, giving visibility into Meritage Homes's future revenue streams. Meritage Homes's backlog came in at $695.5 million in the latest quarter, and it averaged 36.5% year-on-year declines over the last two years. This performance was underwhelming and shows the company is not winning new orders. It also suggests there may be increasing competit Show less Read more
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