Meridian Statistics
Total Valuation
Meridian has a market cap or net worth of $109.11 million. The enterprise value is $282.59 million.
| Market Cap | 109.11M |
| Enterprise Value | 282.59M |
Important Dates
The last earnings date was Friday, April 26, 2024.
| Earnings Date | Apr 26, 2024 |
| Ex-Dividend Date | May 10, 2024 |
Share Statistics
Meridian has 11.19 million shares outstanding. The number of shares has decreased by -3.90% in one year.
| Shares Outstanding | 11.19M |
| Shares Change (YoY) | -3.90% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 20.47% |
| Owned by Institutions (%) | 57.84% |
| Float | 6.07M |
Valuation Ratios
The trailing PE ratio is 9.36 and the forward PE ratio is 6.96.
| PE Ratio | 9.36 |
| Forward PE | 6.96 |
| PS Ratio | 1.18 |
| Forward PS | 1.01 |
| PB Ratio | 0.69 |
| P/FCF Ratio | 4.38 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.05, with an EV/FCF ratio of 11.26.
| EV / Earnings | 23.75 |
| EV / Sales | 3.04 |
| EV / EBITDA | 16.05 |
| EV / EBIT | 18.36 |
| EV / FCF | 11.26 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.22 |
| Debt / EBITDA | 11.11 |
| Debt / FCF | 7.80 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 7.60% and return on invested capital (ROIC) is 3.35%.
| Return on Equity (ROE) | 7.60% |
| Return on Assets (ROA) | 0.50% |
| Return on Capital (ROIC) | 3.35% |
| Revenue Per Employee | $286,731 |
| Profits Per Employee | $36,716 |
| Employee Count | 324 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Meridian has paid $3.50 million in taxes.
| Income Tax | 3.50M |
| Effective Tax Rate | 22.71% |
Stock Price Statistics
The stock price has decreased by -1.35% in the last 52 weeks. The beta is 0.69, so Meridian's price volatility has been lower than the market average.
| Beta (1Y) | 0.69 |
| 52-Week Price Change | -1.35% |
| 50-Day Moving Average | 9.29 |
| 200-Day Moving Average | 10.98 |
| Relative Strength Index (RSI) | 60.18 |
| Average Volume (30 Days) | 12,053 |
Short Selling Information
The latest short interest is 17,654, so 0.16% of the outstanding shares have been sold short.
| Short Interest | 17,654 |
| Short Previous Month | 10,922 |
| Short % of Shares Out | 0.16% |
| Short % of Float | 0.29% |
| Short Ratio (days to cover) | 1.94 |
Income Statement
In the last 12 months, Meridian had revenue of $92.90 million and earned $11.90 million in profits. Earnings per share was $1.05.
| Revenue | 92.90M |
| Gross Profit | 92.90M |
| Operating Income | 15.39M |
| Pretax Income | 15.39M |
| Net Income | 11.90M |
| EBITDA | 17.61M |
| EBIT | 15.39M |
| Earnings Per Share (EPS) | $1.05 |
Balance Sheet
The company has $23.03 million in cash and $195.67 million in debt, giving a net cash position of -$172.64 million or -$15.43 per share.
| Cash & Cash Equivalents | 23.03M |
| Total Debt | 195.67M |
| Net Cash | -172.64M |
| Net Cash Per Share | -$15.43 |
| Equity / Book Value | 159.94M |
| Book Value Per Share | 14.30 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $28.55 million and capital expenditures -$3.45 million, giving a free cash flow of $25.10 million.
| Operating Cash Flow | 28.55M |
| Capital Expenditures | -3.45M |
| Free Cash Flow | 25.10M |
| FCF Per Share | $2.26 |
Margins
Gross margin is 100.00%, with operating and profit margins of 16.57% and 12.81%.
| Gross Margin | 100.00% |
| Operating Margin | 16.57% |
| Pretax Margin | 16.57% |
| Profit Margin | 12.81% |
| EBITDA Margin | 18.95% |
| EBIT Margin | 16.57% |
| FCF Margin | 27.02% |
Dividends & Yields
This stock pays an annual dividend of $0.50, which amounts to a dividend yield of 5.13%.
| Dividend Per Share | $0.50 |
| Dividend Yield | 5.13% |
| Dividend Growth (YoY) | -47.37% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 47.62% |
| Buyback Yield | 3.90% |
| Shareholder Yield | 8.99% |
| Earnings Yield | 10.82% |
| FCF Yield | 22.83% |
Analyst Forecast
The average price target for Meridian is $13.00, which is 33.27% higher than the current price. The consensus rating is "Hold".
| Price Target | $13.00 |
| Price Target Difference | 33.27% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| 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 |