Should I buy or sell MeridianLink stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MeridianLink in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MLNK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MLNK, but not buy additional shares or sell existing shares. View MLNK analyst ratings or view top-rated stocks .

What is MeridianLink's stock price target for 2024?

8 analysts have issued 1 year price targets for MeridianLink's shares. Their MLNK share price targets range from $14.00 to $22.00. On average, they anticipate the company's stock price to reach $18.67 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View analysts price targets for MLNK or view top-rated stocks among Wall Street analysts .

How have MLNK shares performed in 2024?

MeridianLink's stock was trading at $24.77 on January 1st, 2024. Since then, MLNK shares have decreased by 32.3% and is now trading at $16.77. View the best growth stocks for 2024 here .

When is MeridianLink's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our MLNK earnings forecast .

How were MeridianLink's earnings last quarter?

MeridianLink, Inc. (NYSE:MLNK) announced its earnings results on Tuesday, March, 5th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.23. The business earned $74.60 million during the quarter, compared to analyst estimates of $74.61 million. MeridianLink had a negative trailing twelve-month return on equity of 6.77% and a negative net margin of 14.01%. The company's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the business earned ($0.05) EPS.

What ETF holds MeridianLink's stock?

Global X FinTech Thematic ETF holds 100,028 shares of MLNK stock, representing 0.42% of its portfolio.

What guidance has MeridianLink issued on next quarter's earnings?

MeridianLink issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $75.0 million-$78.0 million, compared to the consensus revenue estimate of $81.6 million.

When did MeridianLink IPO?

MeridianLink (MLNK) raised $300 million in an initial public offering (IPO) on Wednesday, July 28th 2021. The company issued 12,000,000 shares at $24.00-$26.00 per share. BofA Securities, Credit Suisse, Barclays, Citigroup and Raymond James acted as the underwriters for the IPO and BTIG, Stifel, Nomura, William Blair, Blaylock Van & Co., Ramirez & Co., Roberts & Ryan and Tigress Financial Partners LLC were co-managers.

How do I buy shares of MeridianLink?

Shares of MLNK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:MLNK

MeridianLink (MLNK) Stock Price, News & Analysis

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$17.02

+0.20 (+1.19%)

(As of 01:26 PM ET)

Compare

Today's Range: $16.54
▼
$17.06
50-Day Range: $16.82
▼
$22.09
52-Week Range: $13.62
▼
$25.88

Volume: 88,880 shs
Average Volume: 224,471 shs
Market Capitalization: $1.30 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $18.67

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MeridianLink MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 11.3% Upside
$18.67 Price Target
Short Interest: Healthy
4.06% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.71
Based on 4 Articles This Week
Insider Trading: Selling Shares
$30.31 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.02) to $0.15 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.49 out of 5 stars

Business Services Sector

194th out of 317 stocks

Prepackaged Software Industry

135th out of 201 stocks

3.0

Analyst's Opinion

Consensus Rating
MeridianLink has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 4 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
MeridianLink has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
4.06% of the float of MeridianLink has been sold short.
Short Interest Ratio / Days to Cover
MeridianLink has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in MeridianLink has recently increased by 13.27%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
MeridianLink does not currently pay a dividend.
Dividend Growth
MeridianLink does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MLNK.

2.1

News and Social Media Coverage

News Sentiment
MeridianLink has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for MeridianLink this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for MLNK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MeridianLink insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $30,311,029.00 in company stock.
Percentage Held by Insiders
20.10% of the stock of MeridianLink is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
82.65% of the stock of MeridianLink is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for MeridianLink are expected to grow in the coming year, from ($0.02) to $0.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MeridianLink is -31.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of MeridianLink is -31.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
MeridianLink has a P/B Ratio of 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About MeridianLink Stock (NYSE:MLNK)

MeridianLink, Inc., a software and services company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States. The company offers MeridianLink One, a multi-product platform that can be tailored to meet the needs of customers as they digitally transform their organizations and adapt to changing business and consumer demands; MeridianLink Portal, a Point of Sale system that allows financial institutions to expand existing lending and deposit account; MeridianLink Opening, a cloud-based online account opening and deposit software solution; MeridianLink Consumer, a full loan solution suite to banks and credit unions; and MeridianLink DecisionLender, a loan origination software (LOS) for finance companies. It also provides MeridianLink Mortgage, a cloud-based software designed for financial professionals to optimize the end-to-end mortgage loan origination process; MeridianLink Collect, a web-based debt collection software; Mortgage Credit Link, a web-based order fulfillment hub; and MeridianLink Business, a cloud-based platform that offers business lending solutions for banks and credit unions. In addition, the company provides analytics and business intelligence tools through MeridianLink Engage, MeridianLink Consulting, MeridianLink Data Connect, and MeridianLink Insight; Data Verification Software Solution, a cloud-based order fulfillment hub for bankers and credit officers; and loan origination systems, other credit decisioning tools, and additional solution modules. MeridianLink, Inc. was founded in 1998 and is headquartered in Costa Mesa, California.

MLNK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MLNK Stock News Headlines

April 16, 2024 | americanbankingnews.com

MeridianLink, Inc. (NYSE:MLNK) Given Average Rating of "Hold" by Brokerages

April 10, 2024 | businesswire.com

MeridianLink Powers Enhanced Member Experience for Space Coast Credit Union with Advanced Decisioning Capabilities

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 27, 2024 | finance.yahoo.com

MeridianLink Point-Of-Sale Offerings Show Strong Market Momentum

March 26, 2024 | finance.yahoo.com

MeridianLink Announces 2024 MeridianLink LIVE! Keynote Speakers and Thought Leader Participation

March 21, 2024 | markets.businessinsider.com

MeridianLink: Hold Rating Amidst CFO Change and Challenging Growth Prospects

March 18, 2024 | msn.com

Larry Katz to succeed Sean Blitchok as MeridianLink CFO

March 15, 2024 | businesswire.com

MeridianLink Inc. (MLNK) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 12, 2024 | finance.yahoo.com

40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey

March 11, 2024 | stockhouse.com

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of MeridianLink, Inc. (NYSE: MLNK) and Encourages Investors to Contact the Firm

March 8, 2024 | finance.yahoo.com

At US$18.31, Is MeridianLink, Inc. (NYSE:MLNK) Worth Looking At Closely?

March 8, 2024 | seekingalpha.com

MeridianLink, Inc. (MLNK) Q4 2023 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

MeridianLink, Inc. (NYSE:MLNK) Q4 2023 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

MeridianLink Inc (MLNK) Reports Growth Amidst Challenges in Q4 and Fiscal Year 2023

March 6, 2024 | benzinga.com

MeridianLink: Q4 Earnings Insights

March 6, 2024 | msn.com

MeridianLink GAAP EPS of -$0.38 misses by $0.15, revenue of $74.6M beats by $0.18M

March 6, 2024 | markets.businessinsider.com

Citi Reaffirms Their Hold Rating on MeridianLink (MLNK)

March 6, 2024 | markets.businessinsider.com

Stifel Maintains Hold Rating for MeridianLink: Here's What You Need To Know

March 6, 2024 | seekingalpha.com

MeridianLink, Inc. 2023 Q4 - Results - Earnings Call Presentation

March 5, 2024 | investorplace.com

MLNK Stock Earnings: MeridianLink Misses EPS, Misses Revenue for Q4 2023

March 5, 2024 | businesswire.com

MeridianLink Reports Fourth Quarter and Fiscal Year 2023 Results

March 5, 2024 | benzinga.com

Earnings Preview For MeridianLink

March 1, 2024 | businesswire.com

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of MeridianLink Inc. (MLNK) Investigation

February 28, 2024 | businesswire.com

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of MeridianLink Inc. (MLNK) Investigation

February 20, 2024 | businesswire.com

MeridianLink Announces Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call

February 15, 2024 | finance.yahoo.com

MLNK Feb 2024 17.500 put

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Company Calendar

Last Earnings: 3/05/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Business Services
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NYSE:MLNK
CUSIP: N/A
CIK: 1834494
Web: www.meridianlink.com
Phone: 714-708-6950
Fax: N/A
Employees: 676
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $18.67
High Stock Price Target: $22.00
Low Stock Price Target: $14.00
Potential Upside/Downside: +11.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.54)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-42,540,000.00
Net Margins: -14.01%
Pretax Margin: -6.12%
Return on Equity: -6.77%
Return on Assets: -3.59%

Debt

Debt-to-Equity Ratio: 0.83
Current Ratio: 2.23
Quick Ratio: 2.23

Sales & Book Value

Annual Sales: $303.62 million
Price / Sales: 4.23
Cash Flow: $0.24 per share
Price / Cash Flow: 70.25
Book Value: $6.48 per share
Price / Book: 2.60

Miscellaneous

Outstanding Shares: 76,320,000
Free Float: 60,978,000
Market Cap: $1.28 billion
Optionable: Optionable
Beta: 0.92

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Key Executives

Mr. Nicolaas Vlok (Age 51)
CEO & Director
Comp: $1.11M
Mr. Timothy Nguyen (Age 48)
Chief Strategy Officer & Vice Chairman
Mr. Chris Maloof (Age 41)
President of Go-to-Market
Comp: $798.55k
Mr. Sean W. Blitchok (Age 49)
Advisory
Comp: $794.19k
Mr. Larry Katz
CFO & Director
Mr. Nathaniel Barnes
Chief Technology Officer
Ms. Kayla Dailey
General Counsel & Secretary
Mr. Richard Scheig
Chief Sales Officer
Mr. Suresh Balasubramanian
Chief Marketing Officer
Ms. Elizabeth Rieveley
Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MLNK Stock Analysis - Frequently Asked Questions

Should I buy or sell MeridianLink stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MeridianLink in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MLNK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MLNK, but not buy additional shares or sell existing shares.
View MLNK analyst ratings or view top-rated stocks.
What is MeridianLink's stock price target for 2024?: 8 analysts have issued 1 year price targets for MeridianLink's shares. Their MLNK share price targets range from $14.00 to $22.00. On average, they anticipate the company's stock price to reach $18.67 in the next year. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for MLNK or view top-rated stocks among Wall Street analysts.
How have MLNK shares performed in 2024?: MeridianLink's stock was trading at $24.77 on January 1st, 2024. Since then, MLNK shares have decreased by 32.3% and is now trading at $16.77.
View the best growth stocks for 2024 here.
When is MeridianLink's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our MLNK earnings forecast.
How were MeridianLink's earnings last quarter?: MeridianLink, Inc. (NYSE:MLNK) announced its earnings results on Tuesday, March, 5th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.23. The business earned $74.60 million during the quarter, compared to analyst estimates of $74.61 million. MeridianLink had a negative trailing twelve-month return on equity of 6.77% and a negative net margin of 14.01%. The company's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the business earned ($0.05) EPS.

What ETF holds MeridianLink's stock?: Global X FinTech Thematic ETF holds 100,028 shares of MLNK stock, representing 0.42% of its portfolio.
What guidance has MeridianLink issued on next quarter's earnings?: MeridianLink issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $75.0 million-$78.0 million, compared to the consensus revenue estimate of $81.6 million.
When did MeridianLink IPO?: MeridianLink (MLNK) raised $300 million in an initial public offering (IPO) on Wednesday, July 28th 2021. The company issued 12,000,000 shares at $24.00-$26.00 per share. BofA Securities, Credit Suisse, Barclays, Citigroup and Raymond James acted as the underwriters for the IPO and BTIG, Stifel, Nomura, William Blair, Blaylock Van & Co., Ramirez & Co., Roberts & Ryan and Tigress Financial Partners LLC were co-managers.
How do I buy shares of MeridianLink?: Shares of MLNK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MLNK) was last updated on 4/16/2024 by MarketBeat.com Staff

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MeridianLink (MLNK) Stock Price, News & Analysis

MeridianLink MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About MeridianLink Stock (NYSE:MLNK)

MLNK Stock Price History

MLNK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MLNK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™