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2 Recent Stock Splits You've Never Heard of That Certain Wall Street Analysts Think Could Soar 39% and 62%
MTHMeritage Homes(MTH) The Motley Fool·2025-02-23 12:00

Group 1: Stock Splits Overview - Stock splits can make shares more affordable for a wider range of investors and can also signal a change in company strategy [1][3] - Stock splits do not change the market capitalization of a company or the equity position of existing shareholders [2] Group 2: Qiagen Analysis - Qiagen executed a stock split on January 7, involving a synthetic share repurchase of 300million,whichreducedthesharecount[4]Thecompanyprovidesmoleculartestingsolutions,includingCOVID19testing,andhasshownstrongfinancialperformancewithan11300 million, which reduced the share count [4] - The company provides molecular testing solutions, including COVID-19 testing, and has shown strong financial performance with an 11% year-over-year growth in adjusted earnings and a 43% increase in free cash flow in Q4 2024 [5][6] - Analysts have a mixed outlook with five recommending to buy and five to hold, with an average price target suggesting nearly 25% upside, and the most bullish target indicating a 39% upside [6][7] Group 3: Meritage Homes Analysis - Meritage Homes completed a 2-for-1 stock split on January 2, increasing share count through a stock dividend, which dilutes shareholders but allows for more dividends [8] - The company focuses on building affordable homes in high-growth states and reported a 12% increase in home sales in 2024, with diluted earnings per share rising 8% to 21.44 [9][10] - Analysts have a generally positive outlook with three buy ratings, three hold ratings, and one sell rating, with the most bullish price target suggesting a 62% upside [11][12]