Added to YB: 2026-01-28
Pitch date: 2026-01-26
MHGU [bullish]
Meritage Hospitality Group Inc.
+30.72%
current return
Author Info
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Company Info
Meritage Hospitality Group Inc., together with its subsidiaries, operates quick-service and casual dining restaurants.
Market Cap
$15.3M
Pitch Price
$2.35
Price Target
N/A
Dividend
2.63%
EV/EBITDA
7.27
P/E
3.03
EV/Sales
0.89
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Meritage Hospitality Group is puntable -- I'm long commons + prefs
MHGU (new position): Wendy's franchisee under extreme pressure after everything went wrong in 2023. Recently defaulted on debt but working through issues. CEO sees credible turnaround by 2027 despite rough 2026. Stock left for dead in tax loss selling. Long commons & preferreds at 1% position.
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