Home Sectors Consumer Cyclical Technicals and Fundamentals: M/I Homes (NYSE: MHO)

Technicals and Fundamentals: M/I Homes (NYSE: MHO)

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M/I Homes is in the homebuilding and construction industry and trades as part of the consumer cyclical sector. The company CEO is Robert H. Schottenstein. M/I Homes Inc is a part of the residential construction industry. It primarily builds single-family residential properties for the purpose of sale.

Previous Intraday Trading Performance:

The MHO stock showed a previous change of 0.42% with an open at 28.57 and a close of 28.49. It reached an intraday high of 28.80 and a low of 28.24.

SeekingAlpha:  M/I Homes, Inc. (MHO) CEO Bob Schottenstein on Q1 2019 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $785.4m with 27.6m shares outstanding, of which the float is 27.4m shares. Trading volume reached 161,105 shares compared to its average volume of 180,375 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, M/I Homes shares returned -0.70% and in the past 30 trading days it returned -1.89%. Over three months, it changed 7.63%. In one year it has changed 1.97% and within that year its 52-week high was 30.03 and its 52-week low was 20.35. MHO stock is 40.03% above its 52 Week Low.

Our calculations show a 200 day moving average of 25.61 and a 50 day moving average of 28.28. Currently MHO stock is trading 11.25% above its 200 day moving average.

SeekingAlpha:  M/I Homes, Inc. (MHO) CEO Bob Schottenstein on Q1 2019 Results – Earnings Call Transcript

Earnings:

The last annual fiscal EPS for the company was reported at 3.71 that ended on 31st of December 2018, which according to the previous close, that is a PE of 7.68. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.61. The TTM EPS is 4.05, which comes to a TTM PE of 7.03. Historically, the PE high was 20.10 and the PE low was 3.70. If the stock reached its PE low, that would represent a price of 14.99, which is a decrease of -47.37%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/24/2019): 0.63
4thQtr of 2018 (Reported on 02/05/2019): 1.15
3rdQtr of 2018 (Reported on 10/24/2018): 1.01
2ndQtr of 2018 (Reported on 07/25/2018): 0.96
1stQtr of 2018 (Reported on 04/25/2018): 0.60

Base on our calculations, the intrinsic value per share is 58.70, which means it is possibly undervalued and has a margin of safety of 51.47%.

Indicators to Watch:

Short-interest was 371,566, which was 1.35% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.01. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.09.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.52%, return on assets is 5.65%, profit margin is 4.64%, price-to-sales is 0.34 and price-to-book is 0.90.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 4  :Past Performance Score
 3  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.