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MRDN Stock Chart & Stats
$0.97
-$0.06(-2.91%)
At close: 4:00 PM EST
$0.97
-$0.06(-2.91%)
Day’s Range― - ―
52-Week Range$5.80 - $21.97
Previous CloseN/A
VolumeN/A
Average Volume (3M)216.26K
Market Cap
$178.39M
Enterprise Value$170.65M
Total Cash (Recent Filing)$16.58M
Total Debt (Recent Filing)$18.89M
Price to Earnings (P/E)―
Beta0.52
Next Earnings
Sep 03, 2026EPS Estimate
0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.93
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 Cap0.96
Enterprise Value/Revenue0.90
Enterprise Value/Gross Profit1.59
Enterprise Value/Ebitda-2.24
Forecast
1Y Price Target
$26.00Price Target Upside2580.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.67
Revenue Forecast (FY)$210.90M
Bulls Say, Bears Say
Bulls Say
Gross Margin & Revenue GrowthSustained gross margin near 57% with modest TTM revenue growth indicates the core product mix retains pricing power and unit economics. That margin buffer supports profitability recovery if operating costs are controlled and enables reinvestment in product and distribution over the medium term.
Manageable Balance Sheet LeverageLeverage around 0.5x provides financial flexibility and limits interest burden relative to many peers. A not-overlevered balance sheet reduces refinancing pressure, supports capex or restructuring spend if needed, and lowers insolvency risk while the company works to restore profitability.
Positive Operating Cash FlowCore operations are generating cashflow, which is a durable indicator of underlying business viability even amid accounting losses. Positive OCF can fund working capital and selective investment, reducing reliance on external financing while management executes cost and revenue initiatives.
Bears Say
Large Operating & Net LossesVery deep operating and net losses are eroding shareholder value and indicate structural profitability problems. Persistent negative margins constrain reinvestment, risk debt covenant pressure, and require sustained margin improvement or revenue scale to return to durable profitability.
Negative Free Cash FlowNegative free cash flow shows the business burns cash after reinvestment, limiting the ability to reduce debt or self-fund growth. If capex or working capital needs persist, the company may need external financing, which can dilute shareholders or increase leverage during recovery.
Reverse Split Hints At Structural WeaknessA reverse split to regain listing compliance signals prior sustained share-price weakness and underlying performance shortfalls. While it removes listing risk, it does not fix operational deficits and can impede capital-raising and investor confidence during a multi-quarter turnaround.
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 $21.97 in the past 12 months.
What is Meridian Holdings’s market cap?
Meridian Holdings’s market cap is $178.39M.
When is Meridian Holdings’s upcoming earnings report date?
Meridian Holdings’s upcoming earnings report date is Sep 03, 2026 which is in 51 days.
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 is 0.15.
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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Analyst Consensus
Moderate Buy
Average Price Target:
$26.00 (2580.41% Upside)
$26.00 (2580.41% Upside)
Blogger Sentiment
Bullish
MRDN Sentiment 70%
Sector Average 64%
Sector Average 64%
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-58.55%
12-Months-Change
Fundamentals
Return on Equity
-102.80%
Trailing 12-Months
Asset Growth
-47.71%
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
▲(2580.41% Upside)