Stocks · Consumer Cyclical · Gambling, Resorts & Casinos
Meridian Holdings Inc. MRDN
$11.95 +3.64% Close, Oct 2, 2026 · NASDAQ · Market cap $151.1M
Strong growth
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count rose 11.0% in a year.
- The stock is in an uptrend: above its 200-day average for 107 trading days, with the 50-day average above the 200-day.
- Revenue over the last four quarters was $197.2M, up 14.1% from a year earlier.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 16%
- FCF growth (TTM, YoY)Top 4%
- Revenue growth, 3-year CAGRTop 1%
- Revenue growth accelerationTop 27%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 50%
- Gross marginTop 16%
- Operating marginBottom 24%
- Accruals (lower is better)Top 1%
- Interest coverBottom 32%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 5%
- Free-cash-flow yieldTop 8%
- EBITDA / enterprise valueBottom 1%
- Sales / enterprise valueTop 29%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 44%
- 6-month returnTop 6%
- 1-year return vs S&P 500Bottom 46%
- Distance from 52-week highTop 47%
- Trend checklist (0–4)Top 34%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 5%
- Consecutive EPS beatsBottom 13%
- Upside to consensus price targetTop 7%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 4%
- Maximum drawdown, 3 yearsBottom 3%
- Beta vs S&P 500 (lower is better)Top 11%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 12.6% | 14.1% | ↑ |
| Gross margin | 56.6% | 55.7% | ↓ |
| Operating margin | -2.0% | 2.2% | ↑ |
| FCF margin | 3.2% | 14.1% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 14.1% | 12.6% | ↑ | Top 16% |
| Gross margin | 55.7% | 56.6% | ↓ | Top 16% |
| Operating margin | 2.2% | -2.0% | ↑ | Bottom 24% |
| Net margin | -41.4% | -5.4% | ↓ | — |
| Free-cash-flow margin | 14.1% | 3.2% | ↑ | — |
| Return on invested capital | 6.2% | — | Top 50% | |
| Revenue growth, 3-year CAGR | 71.8% | — | Top 1% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -95.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -32.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- Net cash
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.10%
- Net buyback yield (TTM)
- -1.46%
- Shareholder yield
- -1.36%
- Share count change, 1 year
- +11.0%
- Share count change, 3-year CAGR
- +61.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 3 of 7
- Average EPS surprise, last 4
- -100.0%
- Average 2-day reaction, last 8
- -3.6%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $26.40
- Target vs current price
- +120.9%
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | -1.4% | -21.9% | +1.7% | -2.1% | — |
| Apr 28, 2026 | +550.0% | +3.7% | +78.0% | +46.0% | +67.3% |
| Mar 31, 2026 | -17825.0% | -3.2% | -8.3% | +0.4% | +63.9% |
| Oct 30, 2025 | +221.5% | +2.0% | +2.0% | -24.4% | -28.3% |
| Aug 7, 2025 | -800.0% | -6.0% | -10.7% | -34.6% | -32.0% |
| May 8, 2025 | +47.3% | -3.2% | -8.1% | +3.2% | -16.8% |
| Mar 24, 2025 | -500.0% | +3.5% | +3.0% | +5.6% | -19.2% |
| Nov 12, 2024 | — | -3.4% | -12.4% | -28.5% | -38.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $0.17 | $0.17 | -1.4% | $50.2M |
| Apr 28, 2026 | $0.18 | -$0.04 | +550.0% | $50.1M |
| Mar 31, 2026 | -$7.09 | $0.04 | -17825.0% | $49.6M |
| Oct 30, 2025 | $0.05 | -$0.04 | +221.5% | $47.3M |
| Aug 7, 2025 | -$0.36 | -$0.04 | -800.0% | $43.2M |
| May 8, 2025 | -$0.02 | -$0.04 | +47.3% | $42.7M |
| Mar 24, 2025 | -$0.03 | -$0.01 | -500.0% | $38.5M |
| Nov 12, 2024 | -$0.03 | — | — | $58.9M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 16.4× | — | — | — |
| EV / Sales | 0.76× | — | — | Top 29% |
| Free-cash-flow yield | 18.43% | — | — | Top 8% |
| Earnings yield | -54.00% | — | — | Bottom 5% |
P/E over the past five years
Range 31.3× – 343.5× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 107
- 50-day average slope (20 days)
- -1.2%
- 200-day average slope (20 days)
- +3.5%
- Distance from 50-day average
- -11.5%
- Distance from 200-day average
- +11.6%
- RSI (14)
- 35.9
- Relative volume
- 0.85×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 85.5%
- Volatility vs own 5-year history
- 55th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.54
- Correlation with S&P 500
- 0.09
- Current drawdown from 1-year high
- -18.8%
- Maximum drawdown, 3 years
- -91.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 29, 2021 | Apr 21, 2026 | -96.4% | 1249 days | Not yet recovered |
| Nov 30, 2020 | Feb 8, 2021 | -32.2% | 47 days | 48 days (Apr 19, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $151.1M
- EPS, diluted (TTM)
- -$6.45
- Revenue (TTM)
- $197.2M
- 52-week range
- $5.80 – $16.09
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $60.4M | $36.0M | $93.0M | $151.1M | $182.9M |
| Gross profit | $45.8M | $9.2M | $68.2M | $88.6M | $103.5M |
| Operating income | $14.3M | $192,492 | $14.1M | $4.1M | -$3.6M |
| Net income | $12.9M | -$250,038 | $13.7M | -$1.5M | -$89.9M |
| EPS (diluted) | $0.32 | -$0.11 | $4.64 | -$0.16 | -$7.76 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.0M | $45.9M | $42.7M | $43.2M | $47.3M | $49.6M | $50.1M | $50.2M |
| Net income | -$3.4M | -$2.1M | -$231,608 | -$3.6M | $566,014 | -$86.6M | $2.3M | $2.2M |
| EPS (diluted) | -$0.34 | -$0.20 | -$0.02 | -$0.31 | $0.05 | -$6.85 | $0.18 | $0.17 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $21.2M | $2.8M | $23.7M | $23.9M | $25.4M |
| Capital expenditure | -$7.9M | -$158,361 | -$13.1M | -$22.0M | -$13.6M |
| Free cash flow | $13.3M | $2.6M | $10.6M | $1.9M | $11.7M |
| Dividends paid | -$11.6M | $0 | -$1.8M | -$769,534 | -$144,782 |
| Net share buybacks | $0 | $32,000 | $0 | -$88,301 | $2.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $17.3M
- Total assets
- $115.1M
- Total liabilities
- $63.9M
- Total debt
- $16.4M
- Net debt
- -$957,189
- Shareholders’ equity
- $49.7M
As of Jun 30, 2026 (filed Jul 29, 2026).
Short interest
- Shares sold short
- 121,011
- Days to cover
- 1.94
- Change vs previous report
- +19.3%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Mar 3, 2026
- 1-for-12
- Jun 26, 2020
- 1-for-150
- Jan 9, 2017
- 1-for-150
- Apr 7, 2016
- 1-for-1,500
- Oct 15, 2015
- 1-for-2,000