Meridian Corporation is in the banking industry and financial services sector. The company CEO is Christopher J. Annas. Meridian Bank is a full-service, state-chartered commercial bank providing personal, business lending and deposit services.
SeekingAlpha: Meridian Bank beats by $0.10, misses on revenue
Over the last five trading days, MRBK shares returned 1.71% and in the past 30 trading days it returned -1.59%. Over three months, it changed -4.14%. In one year it has changed -3.89% and within that year its 52 week high was 18.88 and its 52 week low was .
Our calculations result in a 200 day moving average of 17.29 and a 50 day moving average of 17.47. Right now, MRBK stock is trading -0.00% 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.
The company has a market cap of $110.8m with 6.4m shares outstanding and a float of 6.4m shares. Trading volume was 84 shares and has experienced an average volume of 2,529 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.
The last annual reported EPS for Meridian Corporation was 1.27 which ended on 31st of December 2018, which according to the previous close, that is a PE of 13.61. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.23. The trailing twelve month EPS reported is 1.04 (trailing twelve month diluted EPS is 1.38).
Below was the last reported quarterly diluted earnings per share:
|1st||Qtr 2019||Reported 05-23-2019:||0.31|
|4th||Qtr 2018||Reported 01-25-2019:||0.37|
Base on our calculations, the intrinsic value per share is 8.22, which means it might be overvalued by -110.23%.
The growth of the EPS is critical in understanding the current valuation of Meridian Corporation; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been -41.90% over the last twelve months.
Indicators Also to Watch:
Based on the latest filings, there is 50.10% of institutional ownership.
The beta was calculated to be -0.05.
Based on last reported financials, the company’s return on assets is 0.93%, profit margin is 11.36%, price-to-sales is 1.41 and price-to-book is 0.99.
Company Score Card:
Results are out of six:
1 : Growth Expectations Result
6 : Financial Safety Result
3 : Past Performance Result
3 : Valuation Result
0 : Dividend Safety Result
3 : Overall Result