At the time of writing, MeridianLink Inc [MLNK] stock is trading at $19.8, up 0.10%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MLNK shares have gain 23.52% over the last week, with a monthly amount glided 21.25%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, BofA Securities downgraded its rating to Underperform on January 30, 2025, and dropped its price target to $18. On November 11, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $22.50 on the stock. Wolfe Research upgraded its rating to a Peer Perform. UBS initiated its recommendation with a Sell and recommended $17 as its price target on October 20, 2023. In a note dated August 02, 2023, BTIG Research downgraded an Neutral rating on this stock.
For the past year, the stock price of MeridianLink Inc fluctuated between $15.49 and $25.33. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. MeridianLink Inc [NYSE: MLNK] shares were valued at $19.8 at the most recent close of the market. An investor can expect a potential drop of -4.04% based on the average MLNK price forecast.
Analyzing the MLNK fundamentals
According to MeridianLink Inc [NYSE:MLNK], the company’s sales were 325.89M for trailing twelve months, which represents an 7.53% jump. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.05 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.77 points at the first support level, and at 19.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.81, and for the 2nd resistance point, it is at 19.83.
Ratios To Look Out For
It is important to note that MeridianLink Inc [NYSE:MLNK] has a current ratio of 1.94. As well, the Quick Ratio is 1.94, while the Cash Ratio is 1.32. Considering the valuation of this stock, the price to sales ratio is 4.50, the price to book ratio is 3.74.
Transactions by insiders
Recent insider trading involved Vlok Nicolaas, Chief Executive Officer, that happened on Dec 18 ’24 when 71644.0 shares were sold. Chief Executive Officer, Vlok Nicolaas completed a deal on Dec 19 ’24 to sell 71598.0 shares. Meanwhile, Chief Executive Officer Vlok Nicolaas sold 1233.0 shares on Dec 20 ’24.
