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Mercadolibre (MELI)
NASDAQ:MELI
Mercadolibre (MELI) Stock Price & Analysis
7,233 Followers
MELI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1,063.02 - $1,825.00
Previous Close$1,630.56
Volume1.35M
Average Volume (3M)422.95K
Market Cap
$82.67B
Enterprise Value$81.96B
Total Cash (Recent Filing)$6.04B
Total Debt (Recent Filing)$5.33B
Price to Earnings (P/E)73.1
Beta1.74
Next Earnings
Jul 31, 2024EPS EstimateN/A
Last Dividend Ex-Date
Dec 28, 2017Dividend YieldN/A
Share Statistics
EPS (TTM)22.31
Shares Outstanding50,697,442
10 Day Avg. Volume520,408
30 Day Avg. Volume422,951
Standard Deviation0.14
R-Squared0.29
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)26.35
Price to Sales (P/S)19.40
Price to Cash Flow (P/CF)9.90
P/FCF Ratio10.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.81
Enterprise Value/Gross Profit11.37
Enterprise Value/Ebitda51.81
Forecast
1Y Price Target
$1,884.09Price Target Upside15.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Mercadolibre News
PremiumStock Analysis & Ideas
Up 6,326% Since IPO, Is It Too Late to Buy MercadoLibre (NASDAQ:MELI) Stock?
Bulls Say, Bears Say
Bulls Say
E-Commerce GrowthMercadolibre's strong presence in the e-commerce sector is highlighted by its significant market share gain to 43% in 4Q23, complemented by a remarkable 52% quarter-over-quarter growth in first-party sales.
Financial Metrics And Analyst OutlookThe company's financial health is underscored by net income that significantly exceeded consensus estimates, coupled with a positive outlook from analysts who maintain a Buy rating and project further growth.
Fintech PerformanceMercadolibre's fintech success is evidenced by robust credit growth with a 46% year-over-year increase in the loan book and an improved credit quality, showcasing a decrease in 90+ day past due loans.
Bears Say
Financial HealthHigh non-performing loan (NPL) ratios are a key concern in the fintech business, necessitating a reduction in new loan disbursements.
Market DynamicsIn Argentina, MELI's market share declined to 39% from 42%, indicating a competitive setback for the company.
Regulatory ChallengesMexico’s anti-trust regulator finds competitive barriers among dominant marketplaces, which could lead to significant operational changes and affect profitability.
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Ownership Overview
17.19% Insiders
28.20% Mutual Funds
24.15% Other Institutional Investors
30.46% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Mercadolibre
Desktop Users
Mobile Users
MELI FAQ
What was Mercadolibre’s price range in the past 12 months?
Mercadolibre lowest stock price was $1063.02 and its highest was $1825.00 in the past 12 months.
What is Mercadolibre’s market cap?
Currently, no data Available
When is Mercadolibre’s upcoming earnings report date?
Mercadolibre’s upcoming earnings report date is Jul 31, 2024 which is in 87 days.
How were Mercadolibre’s earnings last quarter?
Mercadolibre released its earnings results on May 02, 2024. The company reported $6.78 earnings per share for the quarter, beating the consensus estimate of $6.102 by $0.678.
Is Mercadolibre overvalued?
According to Wall Street analysts Mercadolibre’s price is currently Undervalued.
Does Mercadolibre pay dividends?
Mercadolibre pays a Quarterly dividend of $0.15 which represents an annual dividend yield of N/A. See more information on Mercadolibre dividends here
What is Mercadolibre’s EPS estimate?
Mercadolibre’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mercadolibre have?
Mercadolibre has 50,697,440 shares outstanding.
What happened to Mercadolibre’s price movement after its last earnings report?
Mercadolibre reported an EPS of $6.78 in its last earnings report, beating expectations of $6.102. Following the earnings report the stock price went up 8.272%.
Which hedge fund is a major shareholder of Mercadolibre?
Among the largest hedge funds holding Mercadolibre’s share is Sands Capital Management LLC. It holds Mercadolibre’s shares valued at 1B.
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Mercadolibre Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$1,884.09 (15.55% Upside)
$1,884.09 (15.55% Upside)
Blogger Sentiment
Bullish
MELI Sentiment 98%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 229.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
27.38%
12-Months-Change
Fundamentals
Return on Equity
41.62%
Trailing 12-Months
Asset Growth
34.23%
Trailing 12-Months
Company Description
Mercadolibre
Founded in 1999, Argentina-based MercadoLibre, Inc. provides the largest online commerce and payments ecosystem in Latin America. The company provides users a mechanism for buying, selling and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. It has operations in 18 countries including, Argentina, Brazil, Mexico, Colombia, Chile, Venezuela and Peru.
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MELI Company Deck
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MELI Earnings Call
Q1 2024
0:00 / 0:00
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MELI Stock 12 Months Forecast
Average Price Target
$1,884.09
▲(15.55% Upside)
Technical Analysis
Best Analysts Covering MELI
1 Year
1 Year Success Rate
37/43 ratings generated profit
1 Year Average Return
+47.74%
reiterated a buy rating 2 months ago
Copying Deepak Mathivanan's trades and holding each position for 1 Year would result in 86.05% of your transactions generating a profit, with an average return of +47.74% per trade.
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