MeridianLink (MLNK) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $21.82 to $22.09
• 50-Day Range: $20.21 to $24.62
• 52-Week Range: $16.49 to $25.88
• Volume: 197,780 shs
• Average Volume: 412,920 shs
• Market Capitalization: $1.67 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $22.90
• Consensus Rating: Hold

MeridianLink Stock Analysis - MarketRank™

MeridianLink scored higher than 33% of companies evaluated by MarketBeat, and ranked 238th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

MeridianLink has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

MeridianLink has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for MeridianLink are expected to grow in the coming year, from ($0.27) to ($0.12) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MeridianLink is -32.93, 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 -32.93, 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 3.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.22% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MeridianLink has recently decreased by 15.83%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MeridianLink does not currently pay a dividend.

Dividend Growth

MeridianLink does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.22% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MeridianLink has recently decreased by 15.83%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.14

News Sentiment

MeridianLink has a news sentiment score of 0.14. 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 is a lower news sentiment than the 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 6 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 -67% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

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 $142,332,500.00 in company stock.

Percentage Held by Insiders

21.30% 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.

MLNK Stock Analysis - Frequently Asked Questions

How have MLNK shares performed this year?

MeridianLink's stock was trading at $24.77 at the start of the year. Since then, MLNK stock has decreased by 10.9% and is now trading at $22.06.
View the best growth stocks for 2024 here.

How were MeridianLink's earnings last quarter?

MeridianLink, Inc. (NYSE:MLNK) issued its earnings results on Thursday, August, 8th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.04. The firm's revenue for the quarter was up 4.4% compared to the same quarter last year.

When did MeridianLink IPO?

MeridianLink (MLNK) raised $300 million in an initial public offering on Wednesday, July 28th 2021. The company issued 12,000,000 shares at a price of $24.00-$26.00 per share. BofA Securities, Credit Suisse, Barclays, Citigroup and Raymond James served 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.

Who are MeridianLink's major shareholders?

Top institutional shareholders of MeridianLink include Thoma Bravo L.P. (39.17%), WCM Investment Management LLC (1.53%), State Street Corp (0.88%) and Geode Capital Management LLC (0.80%). Insiders that own company stock include Thoma Bravo Ugp, Llc, Timothy Nguyen, Alan R Arnold, Chris Maloof and Sean W Blitchok.
View institutional ownership trends.

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.

What other stocks do shareholders of MeridianLink own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MeridianLink investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Palo Alto Networks (PANW) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:MLNK
• CUSIP: N/A
• CIK: 1834494
• Web: www.meridianlink.com
• Phone: 714-708-6950
• Fax: N/A
• Employees: 620
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $22.90
• High Stock Price Target: $28.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +3.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.14
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.67)
• 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: -16.57%
• Pretax Margin: -7.25%
• Return on Equity: -9.57%
• Return on Assets: -4.47%

Debt

• Debt-to-Equity Ratio: 1.11
• Current Ratio: 1.86
• Quick Ratio: 1.86

Sales & Book Value

• Annual Sales: $303.62 million
• Price / Sales: 5.49
• Cash Flow: $0.24 per share
• Price / Cash Flow: 91.00
• Book Value: $5.54 per share
• Price / Book: 3.98

Miscellaneous

• Outstanding Shares: 75,530,000
• Free Float: 59,438,000
• Market Cap: $1.67 billion
• Optionable: Optionable
• Beta: 0.98