MeridianLink Inc (NYSE:MLNK) currently has a daily average trading volume of 267.34K but it saw 1639622 shares traded in last market. With a market cap of 1.31B USD, the company’s current market price of $17.00 came rising about 2.41 while comparing to the previous closing price of $16.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.33 and as low as $15.57.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which downgraded the stock as “Underperform” in its note to investors issued on January 30, 2025, recommending a price target of between $28 and $18 for it. UBS upgraded its recommendation for the stock as a “Neutral” from “Sell” on November 11, 2024 while assigning a price target range of $18-$22.50.
Over the week, MLNK’s stock price is moving 3.85% up while it is 2.97% when we observe its performance for the past one month. Year-to-date it is -17.68% down and over the past year, the stock is showing a downside performance of -8.45%.
The company is expected to be releasing its next quarterly report in July, for which analysts forecasted an EPS of 0.09 while estimate for next year EPS is 0.36. In next quarter, company is expected to be making quarterly sales of $83.16M as analysts are expecting the sales for current fiscal year at $329.18M and seeing the company making $348.55M in sales next year. Moreover, analysts are in estimates of $81.58M for current-quarter revenue.
Currently, MeridianLink Inc’s total number of outstanding shares is 76.66M with 19.09% of that held by the insiders while 79.46% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.25% and return on equity (ROE) at -6.49%. It has a 37.47 of forward P/E ratio. Stock’s beta reads 0.93. Stock has a price to book (P/B) ratio of 3.02 while price to sale or P/S ratio amounts to 4.10. Its return on asset (ROA) is -2.98% on average.
