Meritage Hospitality Group Inc. (OTCMKTS:MHGU - Free Report) - Equities research analysts at Northland Capmk reduced their Q1 2024 earnings per share (EPS) estimates for shares of Meritage Hospitality Group in a report issued on Thursday, April 18th. Northland Capmk analyst G. Gibas now anticipates that the company will earn $0.17 per share for the quarter, down from their previous forecast of $0.25. The consensus estimate for Meritage Hospitality Group's current full-year earnings is $0.77 per share. Northland Capmk also issued estimates for Meritage Hospitality Group's Q2 2024 earnings at $0.18 EPS, Q3 2024 earnings at $0.31 EPS, Q4 2024 earnings at $0.31 EPS and FY2024 earnings at $0.97 EPS.
Meritage Hospitality Group Price Performance
Meritage Hospitality Group stock remained flat at $17.93 during trading hours on Friday. The company's stock had a trading volume of 22 shares, compared to its average volume of 1,690. The company has a current ratio of 0.29, a quick ratio of 0.24 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $118.35 million, a PE ratio of 149.44 and a beta of 0.08. Meritage Hospitality Group has a 1 year low of $17.00 and a 1 year high of $21.30. The business has a 50 day moving average of $18.27 and a 200 day moving average of $18.98.
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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