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MRDN Stock Chart & Stats
$14.10
-$3.08(-21.84%)
At close: 4:00 PM EDT
$14.10
-$3.08(-21.84%)
Day’s Range― - ―
52-Week Range$5.80 - $18.84
Previous CloseN/A
Volume92.17K
Average Volume (3M)216.26K
Market Cap
$142.79M
Enterprise Value$177.80
Total Cash (Recent Filing)$17.32M
Total Debt (Recent Filing)$16.36M
Price to Earnings (P/E)―
Beta0.51
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding12,669,479
10 Day Avg. Volume270,124
30 Day Avg. Volume216,256
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)2.39
Price to Sales (P/S)0.61
P/FCF Ratio9.51
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$26.00Price Target Upside84.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Free Cash Flow StrengthMeridian’s material jump in free cash flow provides durable internal funding to support operations, capex, and debt servicing even while earnings are negative. Strong FCF reduces refinancing risk and gives management flexibility to invest or shore up the business over the next several quarters.
Improving LeverageA lower debt-to-equity ratio signals balance-sheet de-risking and greater financial resilience. With manageable leverage, the company is better positioned to withstand industry cyclicality, preserve liquidity, and pursue strategic initiatives without over-relying on external financing.
Revenue Growth And Stable Gross MarginConsistent top-line growth plus steady mid‑50% gross margins indicate the core gaming and resort operations retain pricing power and scale. These structural revenue and gross-margin trends create a platform for operating-leverage recovery if below-GP costs are controlled.
Bears Say
Severe Profitability DeteriorationPersistently large negative margins and deeply negative ROE reflect structural problems converting revenue into profit. Such losses erode equity, constrain reinvestment capacity, and risk longer-term solvency if cost issues below gross profit aren’t materially fixed over multiple quarters.
Earnings Quality ConcernsA wide divergence between strong cash generation and negative accounting earnings suggests non-cash adjustments or working-capital moves are masking real profitability issues. That raises uncertainty about sustainability of reported cash gains and the true economic earnings power.
Shrinking Asset BaseA falling asset base can indicate asset sales, contraction, or revaluation that reduce operational capacity and future revenue potential. Over the medium term this can hamper growth prospects and signal management is shrinking the business to manage losses rather than restoring margins.
Meridian Holdings News
MRDN FAQ
What was Meridian Holdings’s price range in the past 12 months?
Meridian Holdings lowest stock price was $5.80 and its highest was $18.84 in the past 12 months.
What is Meridian Holdings’s market cap?
Meridian Holdings’s market cap is $142.79M.
When is Meridian Holdings’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Meridian Holdings’s earnings last quarter?
Currently, no data Available
Is Meridian Holdings overvalued?
According to Wall Street analysts Meridian Holdings’s price is currently Undervalued.
Does Meridian Holdings pay dividends?
Meridian Holdings does not currently pay dividends.
What is Meridian Holdings’s EPS estimate?
Meridian Holdings’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Meridian Holdings have?
Meridian Holdings has 12,669,479 shares outstanding.
What happened to Meridian Holdings’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Meridian Holdings?
Currently, no hedge funds are holding shares in MRDN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Meridian Holdings Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$26.00 (84.40% Upside)
$26.00 (84.40% Upside)
Blogger Sentiment
Bullish
MRDN Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $925.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-58.55%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-45.26%
Trailing 12-Months
Company Description
Meridian Holdings
Meridian Holdings Inc. specializes in providing a diverse array of offerings within the casino, sportsbook, and competitive gaming industries. The company operates under several key brands, including R Kings Competitions, MexPlay, and GM-AG. Its operational structure is divided into two distinct divisions: Business-to-Business (B2B) and Business-to-Consumer (B2C). Through its B2B segment, Meridian generates income from software licensing fees and collects royalties derived from the utilization of third-party gaming content. Meanwhile, the B2C division primarily earns revenue by charging participants for entry into various prize competitions across the United Kingdom. This enterprise was established on June 4, 2008, by co-founders Weiting Feng and Anthony Brian Goodman, and its corporate headquarters are located in Las Vegas, Nevada.
MRDN Stock 12 Month Forecast
Average Price Target
$26.00
▲(84.40% Upside)