Short Report: Positioning in SmileDirectClub highest on record » 10:1209/2509/25/21
AVTE, MLNK, PWSC, IRNT, WBT, SDC, DDS, FIZZ
Welcome to this week’s…
|Over a week ago|
MeridianLink price target raised to $35 from $30 at Raymond James » 07:3609/0809/08/21
Raymond James analyst…
Raymond James analyst Alexander Sklar raised the firm's price target on MeridianLink to $35 from $30 and keeps an Outperform rating on the shares. The company's Q2 results exceeded expectations, including +14% organic revenue growth against a difficult comp, Sklar tells investors in a research note.The analyst believes shares offer a compelling opportunity to own a company that sells into an attractive end-market, maintains a "Rule of 50" outlook, and trades at a discount to peers at 24x EBITDA.
MeridianLink price target raised to $33 from $30 at Barclays » 05:5809/0809/08/21
Barclays analyst Saket…
Barclays analyst Saket Kalia raised the firm's price target on MeridianLink to $33 from $30 and keeps an Equal Weight rating on the shares post the Q2 results and fiscal 2021 guidance increase. The analyst believes MeridianLink is a leader with community and regional banks/credit unions.
MeridianLink sees FY21 revenue $256.7M-$257.9M » 16:1109/0709/07/21
Sees FY21 adjusted EBITDA…
Sees FY21 adjusted EBITDA $112.3M-$113.5M.
MeridianLink sees Q3 revenue $62.9M-$63.5M » 16:1009/0709/07/21
Sees Q3 adjusted EBITDA…
Sees Q3 adjusted EBITDA $25.0M-$25.6M
MeridianLink reports Q2 EPS (3c) vs. (7c) last year » 16:0909/0709/07/21
Reports Q2 revenue $68.5M…
Reports Q2 revenue $68.5M vs. $49.5M last year. "MeridianLink delivered strong performance throughout our business in Q2," said Nicolaas Vlok, CEO. "We have great momentum in the business as MeridianLink continues to help financial institutions and CRAs bring equity to lending, placing power in consumers' hands through our lending and data verification platforms. I couldn't be prouder of these results which showcase both our robust organic growth and best-in-class margins. Given our leadership position in the market, our operational execution and the positive market dynamics, we are confident in our growth trajectory. As financial institutions respond to customer demands for more integrated digital banking, lending, and data verification experiences, we are ideally positioned to help new and existing customers meet evolving consumer needs through our dynamic platform. As a result of this, I am even more optimistic about the opportunity ahead of us."
MeridianLink initiated with a Buy at Tigress Financial » 09:1809/0309/03/21
Tigress Financial analyst…
Tigress Financial analyst Ivan Feinseth initiated coverage of MeridianLink with a Buy rating and $34 price target. He believes MeridianLink's "unique business model and services platform" gives institutions the ability to create a superior client experience and better-managed workflows and investors an opportunity to participate in the ongoing digital transformation of the financial services industry, Feinseth said.
|Over a month ago|
William Blair starts MeridianLink at Outperform on 'multiple growth levers' » 07:3108/2308/23/21
William Blair analyst…
William Blair analyst Robert Napoli initiated coverage of MeridianLink with an Outperform rating and no price target. MeridianLink provides a cloud-based software platform that helps support digital transformation and power the $14.5 trillion consumer lending market, Napoli tells investors in a research note. The analyst anticipates MeridianLink should post low-double-digit organic revenue growth, with at least 40% adjusted EBITDA margins and acquisitions being additive. He believes the company has "multiple growth levers," including existing customer growth, cross-selling, new customer growth, and the rollout of MeridianLink One.
MeridianLink initiated with an Outperform at Raymond James » 07:1808/2308/23/21
Raymond James analyst…
Raymond James analyst Alexander Sklar initiated coverage of MeridianLink with an Outperform rating and $30 price target. Sklar tells investors in a research note that shares offer an opportunity to own a company that sells into an attractive end-market and trades at a discount to peers, and believes the longer-term trajectory for consumer loan volumes is still higher.
MeridianLink initiated with a Hold at Stifel » 06:5208/2308/23/21
Stifel analyst Tom…
Stifel analyst Tom Roderick initiated coverage of MeridianLink with a Hold rating and $25 price target. Roderick believes the firm's 19.4x FY23E EV/EBITDA multiple reflects a fair value as the company continues to develop its go-to-market strategy and fully leverage the acquired technology of TCI and TazWorks, the analyst tells investors in a research note.