In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, MeridianLink Inc (NYSE: MLNK) closed at $16.21 down -0.98% from its previous closing price of $16.37. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
For a deeper understanding of MeridianLink Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.79. For the most recent quarter (mrq), Quick Ratio is recorded 2.16 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on January 30, 2025, Downgraded its rating to Underperform and sets its target price to $18 from $28 previously.
On November 11, 2024, UBS Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $18 to $22.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 18 ’24 when Vlok Nicolaas sold 71,644 shares for $21.99 per share. The transaction valued at 1,575,680 led to the insider holds 1,043,382 shares of the business.
Vlok Nicolaas sold 71,598 shares of MLNK for $1,515,880 on Dec 19 ’24. The Chief Executive Officer now owns 1,043,382 shares after completing the transaction at $21.17 per share. On Dec 20 ’24, another insider, Vlok Nicolaas, who serves as the Chief Executive Officer of the company, sold 1,233 shares for $21.09 each. As a result, the insider received 26,007 and left with 1,043,382 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.91 while its Price-to-Book (P/B) ratio in mrq is 2.88.
Stock Price History:
Over the past 52 weeks, MLNK has reached a high of $25.33, while it has fallen to a 52-week low of $15.57. The 50-Day Moving Average of the stock is -2.98%, while the 200-Day Moving Average is calculated to be -18.59%.
Shares Statistics:
A total of 76.66M shares are outstanding, with a floating share count of 28.17M. Insiders hold about 63.51% of the company’s shares, while institutions hold 38.91% stake in the company.
