How to Buy Meridianlink Stock

Meridianlink Inc

Meridianlink is a app company located in California, United States, which is part of the Technology sector, and is traded under the ticker MLNK on the NYSE exchange.

Meridianlink stock last closed at $23.06, up 0.87% from the previous day, and has increased 6.86% in one year. It has underperformed other stocks in the Software - Application industry by 0.19 percentage points. Meridianlink stock is currently +39.84% from its 52-week low of $16.49, and -10.9% from its 52-week high of $25.88.

There are currently 75.53M shares of MLNK outstanding. The market cap of MLNK is $1.74B. In the past 24 hours, 202,087 MLNK shares were traded.

How to Buy Meridianlink Stock

Not sure how to invest in Meridianlink stock? Here's how.

  1. Figure out where to buy Meridianlink stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Meridianlink stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Select your method of payment and add your info.
  4. Evaluate Meridianlink stock: The Meridianlink ticker symbol is MLNK. Is Meridianlink stock a good investment? Should you buy shares of MLNK? How do MLNK's underlying business fundamentals look? Do top analysts think Meridianlink is a good buy? Why has MLNK's stock price moved recently? (Hint: Our stock research website can help you figure out if MLNK is a good stock to buy).
  5. Make your MLNK trade: Decide if you will purchase MLNK shares at the current market price or use a limit order to purchase MLNK stock at a particular price.
  6. Get the latest news on your MLNK investment: Create a watchlist to key updates about your investment in Meridianlink shares.

Step 1: Figure out where to buy Meridianlink stock

You need an online brokerage account in order to access the NYSE market and buy MLNK shares.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal information so you are able to invest in MLNK today.

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  2. Input your personal info to create a new brokerage account.
  1. Send your data by clicking the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you've filled out your info on the best investment app, your next step is to transfer the money for your investment:

Watch the video below to see the process of depositing funds into your new investment account.

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Step 4: Evaluate Meridianlink stock

After you have selected the best place to buy Meridianlink stock, it's absolutely critical to evaluate their stock before you buy, so you can comprehend the risk and opportunity.

Meridianlink Numbers

MLNK Price
$23.06
1w %
-1.11%
1y %
6.86%
5y %
N/A
P/E
-34.94x
P/B
4.16x
P/S
5.6x
PEG
N/A
Revenue
$311.44M
Earnings
-$51.60M
Fore. Rev. Growth
4.34%
Fore. Earn. Growth
N/A
Market Cap
$1.74B
Next Earnings
N/A
Next Dividend
N/A

MLNK Overview

WallStreetZen was built to help average investors do more accurate fundamental analysis quickly.

You can see all of the due diligence checks on MLNK's stock page.

Is MLNK stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge MLNK's fair value.

Using relative valuations methods:

  • MLNK may be undervalued based on its P/B ratio of 4.16x, relative to Software - Application industry P/B ratio of 8.17x

You can do more valuation analysis on MLNK's stock here.

MLNK Financial Health Overview

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the MLNK balance sheet.

Failed Health Checks:

  • MLNK's operating cash flow of $76.47M allows it to safely service it's debt of $469.91M.
  • MLNK has a relatively high debt to equity ratio of 1.31.
  • There are more long-term liabilities than short-term assets on the MLNK balance sheet.
  • MLNK earnings of $17.00M is not sufficient to cover its interest payments.
  • MLNK profit margin has gone down from -6.2% to -16.6% in the past year.

Do analysts think it's a good time to buy Meridianlink stock

Out of 4 sell side analysts who track MLNK, the consensus analyst rating on MLNK is a Hold

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Meridianlink stock forecast page.

Metrics for Advanced MLNK Traders

SMA10
23.08
SMA20
22.82
SMA50
22.18
SMA100
22.43
SMA200
20.75
MACD
0.15
MACD Signal
0.19
MACD Histogram
-0.04
RSI
52.91
Stochastic %K
61.04
Stochastic %D
64.84
StochRSI %K
46.74
StochRSI %D
53.65

Is MLNK Growing Revenue?

Last year, MLNK revenue was $311.44M. In the past three year, MLNK's revenue has gone up by 59.35% per year. This was faster than the Software - Application industry average of 29.14%.

You can analyze MLNK's earnings and revenue performance here.

Latest Insiders Trades at MLNK

In the last year, insiders at MLNK have sold more shares than they have bought.

Timothy Nguyen, 10% Owner of MLNK, was the latest MLNK insider to sell. They sold $153,936.92 worth of MLNK stock on Dec 10, 2024.

Research more about who owns MLNK stock here.

Can I get consistent income from MLNK stock?

No, Meridianlink doesn't provide an income stream by paying out dividends.

What others are saying about MLNK

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Make your MLNK trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, use a limit order.

Press the Open button and eToro will place the order.

If you need additional info about investing in stocks on eToro, watch the helpful video below:

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Step 6: Get the latest news on your MLNK investment

Now that you own some MLNK stock, you'll want to keep up with your new investment.

Put MLNK on a watchlist to track your MLNK stock.

MLNK Feed

How to Buy Stock in Meridianlink

To summarize, here are the 6 steps for buying Meridianlink stock:

  1. Figure out where to buy Meridianlink stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Evaluate Meridianlink stock
  5. Make your MLNK trade
  6. Get the latest news on your MLNK investment

If you require a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your investment in Meridianlink, get started below.

NYSE: MLNK
$23.06+0.20 (+0.87%)
Updated Dec 11, 2024
Open eToro Account
NYSE: MLNK
$23.06+0.20 (+0.87%)
Updated Dec 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Meridianlink share?

As of Dec 11, 2024, it costs $23.06 to buy one share of Meridianlink stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.434 shares of MLNK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Meridianlink stock?

According to 4 Wall Street analysts who monitor Meridianlink, their consensus recommendation is to hold Meridianlink stock.

What is the best way to buy Meridianlink stock?

One way to place an order for Meridianlink stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.