Meridian Statistics
Total Valuation
Meridian has a market cap or net worth of $95.12 million. The enterprise value is $263.16 million.
| Market Cap | 95.12M |
| Enterprise Value | 263.16M |
Important Dates
The next estimated earnings date is Tuesday, April 30, 2024.
| Earnings Date | Apr 30, 2024 |
| Ex-Dividend Date | Feb 9, 2024 |
Share Statistics
Meridian has 11.18 million shares outstanding. The number of shares has decreased by -6.69% in one year.
| Shares Outstanding | 11.18M |
| Shares Change (YoY) | -6.69% |
| Shares Change (QoQ) | -1.43% |
| Owned by Insiders (%) | 20.34% |
| Owned by Institutions (%) | 57.36% |
| Float | 5.75M |
Valuation Ratios
The trailing PE ratio is 7.34 and the forward PE ratio is 6.24.
| PE Ratio | 7.34 |
| Forward PE | 6.24 |
| PS Ratio | 1.01 |
| Forward PS | 0.89 |
| PB Ratio | 0.60 |
| P/FCF Ratio | 5.59 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.12, with an EV/FCF ratio of 15.45.
| EV / Earnings | 19.87 |
| EV / Sales | 2.80 |
| EV / EBITDA | 15.12 |
| EV / EBIT | 15.51 |
| EV / FCF | 15.45 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.42 |
| Debt / EBITDA | 12.92 |
| Debt / FCF | 13.20 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 8.50% and return on invested capital (ROIC) is 3.46%.
| Return on Equity (ROE) | 8.50% |
| Return on Assets (ROA) | 0.60% |
| Return on Capital (ROIC) | 3.46% |
| Revenue Per Employee | $290,407 |
| Profits Per Employee | $40,873 |
| Employee Count | 324 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Meridian has paid $3.72 million in taxes.
| Income Tax | 3.72M |
| Effective Tax Rate | 21.95% |
Stock Price Statistics
The stock price has decreased by -28.70% in the last 52 weeks. The beta is 0.68, so Meridian's price volatility has been lower than the market average.
| Beta (1Y) | 0.68 |
| 52-Week Price Change | -28.70% |
| 50-Day Moving Average | 9.56 |
| 200-Day Moving Average | 11.16 |
| Relative Strength Index (RSI) | 26.02 |
| Average Volume (30 Days) | 11,790 |
Short Selling Information
The latest short interest is 12,520, so 0.11% of the outstanding shares have been sold short.
| Short Interest | 12,520 |
| Short Previous Month | 14,798 |
| Short % of Shares Out | 0.11% |
| Short % of Float | 0.22% |
| Short Ratio (days to cover) | 1.16 |
Income Statement
In the last 12 months, Meridian had revenue of $94.09 million and earned $13.24 million in profits. Earnings per share was $1.16.
| Revenue | 94.09M |
| Gross Profit | 94.09M |
| Operating Income | 16.97M |
| Pretax Income | 16.97M |
| Net Income | 13.24M |
| EBITDA | 17.40M |
| EBIT | 16.97M |
| Earnings Per Share (EPS) | $1.16 |
Balance Sheet
The company has $56.70 million in cash and $224.73 million in debt, giving a net cash position of -$168.04 million or -$15.03 per share.
| Cash & Cash Equivalents | 56.70M |
| Total Debt | 224.73M |
| Net Cash | -168.04M |
| Net Cash Per Share | -$15.03 |
| Equity / Book Value | 158.02M |
| Book Value Per Share | 14.14 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $18.85 million and capital expenditures -$1.82 million, giving a free cash flow of $17.03 million.
| Operating Cash Flow | 18.85M |
| Capital Expenditures | -1.82M |
| Free Cash Flow | 17.03M |
| FCF Per Share | $1.53 |
Margins
Gross margin is 100.00%, with operating and profit margins of 18.03% and 14.07%.
| Gross Margin | 100.00% |
| Operating Margin | 18.03% |
| Pretax Margin | 18.03% |
| Profit Margin | 14.07% |
| EBITDA Margin | 18.49% |
| EBIT Margin | 18.03% |
| FCF Margin | 18.10% |
Dividends & Yields
This stock pays an annual dividend of $0.50, which amounts to a dividend yield of 5.88%.
| Dividend Per Share | $0.50 |
| Dividend Yield | 5.88% |
| Dividend Growth (YoY) | -45.95% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 43.10% |
| Buyback Yield | 6.69% |
| Shareholder Yield | 12.57% |
| Earnings Yield | 13.92% |
| FCF Yield | 17.90% |
Analyst Forecast
The average price target for Meridian is $13.00, which is 52.76% higher than the current price. The consensus rating is "Hold".
| Price Target | $13.00 |
| Price Target Difference | 52.76% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 21, 2023. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 21, 2023 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |