The long-term trend of the EPS is a vital number as it helps understand the future potential of Meridian Bancorp; The EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 22.80% over the last twelve months.



Meridian Bancorp is part of the financial services sector and trades as part of the banking industry. The company CEO is Richard J. Gavegnano. Meridian Bancorp Inc owns and operates the East Boston Savings Bank. Through East Boston Savings Bank, it offers deposit accounts, loan products to individuals and businesses. The company operates its business across multiple locations in Massachusetts.

Previous Intraday Performance:

The EBSB shares had a previous change of -0.60% which opened at 16.60 and closed at 16.46. It moved to an intraday high of 16.74 and a low of 16.46.

SeekingAlpha:  Meridian Interstate misses by $0.05, misses on revenue

Historical Performance:

Over the last five trading days, EBSB shares returned 0.80% and in the past 30 trading days it returned 9.59%. Over three months, it changed 1.77%. In one year it has changed -19.68% and within that year its 52-week high was 20.95 and its 52-week low was 13.67. EBSB stock is 20.41% above its 52 Week Low.

Our calculations result in a 200 day moving average of 17.16 and a 50 day moving average of 15.36. Right now, EBSB stock is trading -4.07% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.

SeekingAlpha:  Meridian Interstate misses by $0.05, misses on revenue

Liquidity:

The company has a market cap of $881.3m with 53.5m shares outstanding and a float of 51.7m shares. Trading volume was 79,922 shares and has experienced an average volume of 154,879 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Meridian Bancorp was 1.07 which ended on 31st of December 2018, which according to the previous close, that is a PE of 15.38. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.30. The trailing twelve month EPS is 1.07, which comes to a trailing twelve month PE of 15.38. Historically, the PE high was 43.70 and the PE low was 15.38. EBSB stock has set a new PE low record!

Below was the last reported quarterly earnings per share:
12-31-2018:  0.24
09-30-2018:  0.33
06-30-2018:  0.27
03-31-2018:  0.23

The dividend per share is currently 0.28, which is a dividend yield of 1.70%. Also, the payout ratio is 26.17%, therefore the dividend is safe according to our calculations.



Base on our calculations, the intrinsic value per share is 7.32, which means it might overvalued by -124.79%

Indicators Also to Watch:

Based on the latest filings, there is 3.50% of insider ownership and 96.20% of institutional ownership.

I calculated the beta to be 0.51

SeekingAlpha:  Cooper Tire & Rubber +3% after profit beat

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 8.44%, return on assets is 0.97%, profit margin is 23.56%, price-to-sales is 3.75 and price-to-book is 1.31.

Company Score Card:

Results are out of six:
 2  : Growth Expectations Result
 6  : Financial Safety Result
 3  : Past Performance Result
 2  : Valuation Result
 3  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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