ICON vs Meridian Which Is a Better Investment?
ICON and Meridian are two well-known stocks in the financial market, each with their own unique strengths and weaknesses. ICON is a leading technology company with a focus on blockchain and cryptocurrency, making it a popular choice for investors looking to capitalize on the growing digital economy. On the other hand, Meridian is a prominent finance and investment firm, known for its strong track record and stability. Both stocks offer potential for growth and profitability, making them popular choices for investors seeking to diversify their portfolios.
ICON or Meridian?
When comparing ICON and Meridian, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between ICON and Meridian.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
ICON has a dividend yield of -%, while Meridian has a dividend yield of 3.12%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. ICON reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Meridian reports a 5-year dividend growth of 0.00% year and a payout ratio of 49.43%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with ICON P/E ratio at 23.92 and Meridian's P/E ratio at 15.71. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. ICON P/B ratio is 1.83 while Meridian's P/B ratio is 1.06.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, ICON has seen a 5-year revenue growth of 1.06%, while Meridian's is 0.74%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with ICON's ROE at 7.87% and Meridian's ROE at 6.99%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $213.72 for ICON and $16.00 for Meridian. Over the past year, ICON's prices ranged from $183.38 to $347.72, with a yearly change of 89.62%. Meridian's prices fluctuated between $8.26 and $17.33, with a yearly change of 109.93%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.