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 $15.78, down 2.47% from the previous day, and has decreased 13.34% in one year. It has overperformed other stocks in the Software - Application industry by 0.14 percentage points. Meridianlink stock is currently +26.34% from its 52-week low of $12.49, and -19.04% from its 52-week high of $19.49.
There are currently 80.68M shares of MLNK outstanding. The market cap of MLNK is $1.27B. In the past 24 hours, 69,524 MLNK shares were traded.
How to Buy Meridianlink Stock
Not sure how to invest in Meridianlink stock? Here's how.
- 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.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your method of payment and add your info.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world markets: From Tech to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 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.
How to Start a New Account on eToro
- Click here to get started.
- Input your personal info to create a new brokerage account.
- Send your data by clicking the "Create Account" button.
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.
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 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 overvalued based on its P/E ratio of 789x, relative to Software - Application industry P/E ratio of 146.41x
- MLNK may be undervalued based on its P/B ratio of 2.2x, relative to Software - Application industry P/B ratio of 5.01x
- MLNK may be overvalued based on its PEG ratio of 1.03x
You can access 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.
- MLNK profit margin has gone up from -11.6% to 0.4% in the past year.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the MLNK balance sheet.
- MLNK's operating cash flow of $74.59M allows it to safely service it's debt of $426.91M.
- MLNK has a relatively high debt to equity ratio of 0.83.
- MLNK earnings of $29.65M is not sufficient to cover its interest payments.
Is it a good time to buy Meridianlink stock, according to analysts?
Out of 5 Wall Street analysts who give ratings on MLNK, the consensus analyst rating on Meridianlink is a Hold
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent MLNK Analyst Forecasts
Timothy Chiodo, a top 25% analyst from Credit Suisse maintains MLNK with a hold rating and lowers their MLNK price target from $16.00 to $15.00, on Mar 2, 2023.
Matthew Vanvliet, a bottom 49% analyst from BTIG maintains MLNK with a strong buy rating and lowers their MLNK price target from $28.00 to $24.00, on Mar 2, 2023.
Saket Kalia, a bottom 9% analyst from Barclays maintains MLNK with a strong sell rating and raises their MLNK price target from $14.00 to $15.00, on Mar 2, 2023.
Brian Peterson, a bottom 1% analyst from Raymond James maintains MLNK with a buy rating and lowers their MLNK price target from $21.00 to $20.00, on Nov 8, 2022.
Nik Cremo, a bottom 9% analyst from Credit Suisse maintains MLNK with a hold rating and lowers their MLNK price target from $22.00 to $19.00, on May 16, 2022.
You can dig deeper into what analysts are projecting on the Meridianlink stock forecast page.
MLNK Trading Indicators
MLNK Revenue
Last year, MLNK revenue was $288.05M. During the past 3 year, MLNK's revenue has increased by 96.04% per year. This was faster than the Software - Application industry average of 36.16%.
Learn more about MLNK's earnings and revenue performance here.
What are MLNK executives and large shareholders up to?
In the last year, insiders at MLNK have sold more shares than they have bought.
Chris Maloof, President Go To Market of MLNK, was the latest MLNK insider to sell. They sold $209,222.41 worth of MLNK stock on Jan 6, 2023.
Dig into more about who owns MLNK stock here.
Can I rely on MLNK as an income stream?
No, Meridianlink doesn't provide an income stream by paying out dividends.
What do other investors have to say about MLNK?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your MLNK trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open Trade button and eToro will place the order.
If you require additional help with investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your MLNK investment
Now that you own some MLNK stock, you'll want to stay up-to-date on your stock purchase.
Add MLNK to a watchlist to keep tabs on your MLNK stock.
MLNK Feed
How to Buy Stock in Meridianlink
To summarize, here are the 6 steps you need to take to buy Meridianlink stock right now:
- Figure out where to buy Meridianlink stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Meridianlink stock
- Make your MLNK trade
- Get the latest news on your MLNK investment
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Meridianlink, add MLNK to your watchlist by clicking the button below.
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