Meridianlink Stock Today

MLNK Stock  USD 23.55  0.38  1.64%   

Performance

20 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 16

 
High
 
Low
Low
Meridianlink is selling for 23.55 as of the 23rd of July 2024. This is a 1.64 percent increase since the beginning of the trading day. The stock's last reported lowest price was 23.17. Meridianlink has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Meridianlink are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of June 2024 and ending today, the 23rd of July 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
27th of July 2021
Category
Technology
Classification
Information Technology
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. MeridianLink, Inc. was founded in 1998 and is headquartered in Costa Mesa, California. The company has 76.71 M outstanding shares of which 1.19 M shares are now shorted by private and institutional investors with about 3.52 trading days to cover. More on Meridianlink

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Meridianlink Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEONicolaas Vlok
Thematic IdeaMillennials Best (View all Themes)
Business ConcentrationApplication Software, Software - Application, Information Technology, NYSE Composite, NASDAQ Composite Total, Millennials Best, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.190.2967
Way Down
Slightly volatile
Gross Profit Margin0.70.518
Significantly Up
Slightly volatile
Net Debt310.9 M344.4 M
Moderately Down
Slightly volatile
Total Current Liabilities58.1 M55.8 M
Sufficiently Up
Pretty Stable
Non Current Liabilities Total377.1 M459.3 M
Significantly Down
Slightly volatile
Total Assets1.1 BB
Notably Up
Slightly volatile
Total Current Assets129.8 M120.6 M
Significantly Up
Very volatile
Total Cash From Operating Activities70.9 M68 M
Sufficiently Up
Slightly volatile
Debt Levels
Meridianlink can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Meridianlink's financial leverage. It provides some insight into what part of Meridianlink's total assets is financed by creditors.
Liquidity
Meridianlink currently holds 424.82 M in liabilities with Debt to Equity (D/E) ratio of 0.75, which is about average as compared to similar companies. Meridianlink has a current ratio of 3.03, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Meridianlink's use of debt, we should always consider it together with its cash and equity.

Stock Based Compensation

19.51 Million
Meridianlink (MLNK) is traded on New York Stock Exchange in USA. It is located in 3560 Hyland Avenue, Costa Mesa, CA, United States, 92626 and employs 676 people. Meridianlink is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.78 B. Meridianlink conducts business under Software sector and is part of Information Technology industry. The entity has 76.71 M outstanding shares of which 1.19 M shares are now shorted by private and institutional investors with about 3.52 trading days to cover. Meridianlink currently holds about 100.26 M in cash with 67.96 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.24.
Check Meridianlink Probability Of Bankruptcy
Ownership Allocation
The majority of Meridianlink outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Meridianlink to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Meridianlink. Please pay attention to any change in the institutional holdings of Meridianlink as this could imply that something significant has changed or is about to change at the company.
Check Meridianlink Ownership Details

Meridianlink Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-03-31
504.2 K
Northern Trust Corp2024-03-31
426.9 K
Jacobs Levy Equity Management, Inc.2024-03-31
263.5 K
Norwood Investment Partners Lp2024-03-31
214 K
Renaissance Technologies Corp2024-03-31
203.6 K
Charles Schwab Investment Management Inc2024-03-31
173.2 K
First Trust Advisors L.p.2024-03-31
150.4 K
Marshall Wace Asset Management Ltd2024-03-31
139 K
Bank Of Montreal2024-03-31
120.6 K
Thoma Bravo Lp2024-03-31
35.6 M
Darlington Partners Capital Management, Lp2024-03-31
5.3 M
View Meridianlink Diagnostics

Meridianlink Historical Income Statement

At this time, Meridianlink's Income Tax Expense is quite stable compared to the past year. View More Fundamentals

Meridianlink Stock Against Markets

Meridianlink Corporate Management

Tim NguyenVice Chairman of the Board, Chief Strategy Officer, Co-FounderProfile
Richard ScheigChief OfficerProfile
Elizabeth RieveleyChief OfficerProfile
Erik SchneiderSr RelationsProfile
A RohdeIndependent DirectorProfile
A JangalapalliIndependent DirectorProfile

Additional Information and Resources on Investing in Meridianlink Stock

When determining whether Meridianlink is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Meridianlink Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Meridianlink Stock. Highlighted below are key reports to facilitate an investment decision about Meridianlink Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meridianlink. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Meridianlink Stock please use our How to buy in Meridianlink Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meridianlink. If investors know Meridianlink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meridianlink listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.53)
Revenue Per Share
3.827
Quarterly Revenue Growth
0.009
Return On Assets
0.0129
Return On Equity
(0.08)
The market value of Meridianlink is measured differently than its book value, which is the value of Meridianlink that is recorded on the company's balance sheet. Investors also form their own opinion of Meridianlink's value that differs from its market value or its book value, called intrinsic value, which is Meridianlink's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meridianlink's market value can be influenced by many factors that don't directly affect Meridianlink's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meridianlink's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridianlink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridianlink's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.