NASDAQ:MELI - Mercadolibre Stock Price, News, & Analysis

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$497.37 -7.11 (-1.41 %)
(As of 03/24/2019 06:46 AM ET)
Previous Close$497.37
Today's Range$489.37 - $503.56
52-Week Range$257.52 - $514.90
Volume702,762 shs
Average Volume1.07 million shs
Market Capitalization$22.48 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.21
MercadoLibre, Inc. hosts online commerce platforms in Latin America. It offers MercadoLibre Marketplace, an automated online commerce service for businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. The company's Marketplace platform enables commerce through online classifieds for motor vehicles, vessels, aircraft, services, and real estate; and Internet users to browse through various products that are listed on its Website and to register with MercadoLibre to list and purchase items and services. It also provides MercadoLibre Classifieds service that enables users to list their offerings related to motor vehicles, vessels, aircraft, real estate, and services outside the Marketplace platform; and MercadoPago, an integrated online payments solution to facilitate transactions on and off the MercadoLibre Marketplace by providing a mechanism that allows its users to send and receive payments online. In addition, the company offers MercadoLibre Advertising platform, which enables large retailers and various other consumer brands to promote their products and services on the Internet by providing branding and performance marketing services; and advertisers to place text, display, or banner advertisements in order to promote their brands and offerings on its Webpages and associated sites. Further, it provides MercadoShops, a software-as-a-service, hosted online store solution that enables users to set-up, manage, and promote their own Webstores; and MercadoEnvios, a shipping service for marketplace users. The company was founded in 1999 and is headquartered in Buenos Aires, Argentina.

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Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNASDAQ:MELI
CUSIPN/A
Phone54-11-4640-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.44 billion
Cash Flow$0.2037 per share
Book Value$7.45 per share

Profitability

Net Income$-36,580,000.00

Miscellaneous

Employees2,409
Market Cap$22.48 billion
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Mercadolibre (NASDAQ:MELI) Frequently Asked Questions

What is Mercadolibre's stock symbol?

Mercadolibre trades on the NASDAQ under the ticker symbol "MELI."

How were Mercadolibre's earnings last quarter?

Mercadolibre Inc (NASDAQ:MELI) released its quarterly earnings data on Tuesday, February, 26th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.15) by $0.10. The business had revenue of $428 million for the quarter, compared to the consensus estimate of $400.80 million. Mercadolibre had a negative return on equity of 13.47% and a negative net margin of 2.54%. The company's revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.53) EPS. View Mercadolibre's Earnings History.

When is Mercadolibre's next earnings date?

Mercadolibre is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Mercadolibre.

What price target have analysts set for MELI?

14 equities research analysts have issued 1-year price objectives for Mercadolibre's shares. Their forecasts range from $260.00 to $535.00. On average, they anticipate Mercadolibre's stock price to reach $425.6667 in the next twelve months. This suggests that the stock has a possible downside of 14.4%. View Analyst Price Targets for Mercadolibre.

What is the consensus analysts' recommendation for Mercadolibre?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercadolibre in the last year. There are currently 2 sell ratings, 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mercadolibre.

What are Wall Street analysts saying about Mercadolibre stock?

Here are some recent quotes from research analysts about Mercadolibre stock:
  • 1. Stifel Nicolaus analysts commented, "We believe the long-term opportunity for MercadoLibre remains attractive given its leadership position in eCommerce and the attractive growth opportunity in the payments business. We reiterate our Buy rating and are increasing our price target to $460 after raising our long-term revenue and operating income forecasts." (2/27/2019)
  • 2. According to Zacks Investment Research, "MercadoLibre increasing expenses related to warehousing, infrastructure transition on public cloud, free shipping subsidies and discounts on mPOS devices are hurting the company’s margin expansion. Further, rising competition from e-commerce giants poses serious threat to its market position. However, the company is currently benefiting from growing number of confirmed registered users. Increasing adoption rate of MercadoPago continues to aid growth in total payment volume of the company. Further, improving shipments via MercadoEnvios are major positives. All these factors are driving MercadoLibre’s top-line growth. Additionally, the company’s strong mobile wallet initiatives are accelerating the adoption rate of its Mobile Wallet. Also, its strengthening momentum across the geographies is a tailwind. " (2/4/2019)

Has Mercadolibre been receiving favorable news coverage?

Press coverage about MELI stock has been trending negative on Sunday, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mercadolibre earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are some of Mercadolibre's key competitors?

What other stocks do shareholders of Mercadolibre own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercadolibre investors own include Alibaba Group (BABA), NVIDIA (NVDA), Baidu (BIDU), Netflix (NFLX), Intuitive Surgical (ISRG), Alphabet (GOOG), Shopify (SHOP), Tesla (TSLA), Micron Technology (MU) and Starbucks (SBUX).

Who are Mercadolibre's key executives?

Mercadolibre's management team includes the folowing people:
  • Mr. Marcos Eduardo Galperín, Co-Founder, Chairman, CEO & Pres (Age 48)
  • Mr. Pedro Arnt, Exec. VP & CFO (Age 45)
  • Mr. Stelleo Tolda, Exec. VP & COO (Age 51)
  • Mr. Daniel Rabinovich, Exec. VP & CTO (Age 41)
  • Mr. Osvaldo Giménez, Exec. VP of Payments (Age 48)

Who are Mercadolibre's major shareholders?

Mercadolibre's stock is owned by many different of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (11.52%), BlackRock Inc. (3.47%), FMR LLC (2.25%), Carmignac Gestion (2.09%), Norges Bank (0.83%) and WCM Investment Management LLC (0.77%). Company insiders that own Mercadolibre stock include Alejandro Nicolas Aguzin and Meyer Malka. View Institutional Ownership Trends for Mercadolibre.

Which institutional investors are selling Mercadolibre stock?

MELI stock was sold by a variety of institutional investors in the last quarter, including Carmignac Gestion, BlackRock Inc., Nikko Asset Management Americas Inc., River & Mercantile Asset Management LLP, Nomura Holdings Inc., DAVENPORT & Co LLC, Penserra Capital Management LLC and Columbus Circle Investors. View Insider Buying and Selling for Mercadolibre.

Which institutional investors are buying Mercadolibre stock?

MELI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Coronation Fund Managers Ltd., RWC Asset Advisors US LLC, 1832 Asset Management L.P., Baillie Gifford & Co., FMR LLC, Foxhaven Asset Management LP and Northcape Capital Pty Ltd. Company insiders that have bought Mercadolibre stock in the last two years include Alejandro Nicolas Aguzin and Meyer Malka. View Insider Buying and Selling for Mercadolibre.

How do I buy shares of Mercadolibre?

Shares of MELI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mercadolibre's stock price today?

One share of MELI stock can currently be purchased for approximately $497.37.

How big of a company is Mercadolibre?

Mercadolibre has a market capitalization of $22.48 billion and generates $1.44 billion in revenue each year. The company earns $-36,580,000.00 in net income (profit) each year or ($0.82) on an earnings per share basis. Mercadolibre employs 2,409 workers across the globe.

What is Mercadolibre's official website?

The official website for Mercadolibre is http://www.mercadolibre.com.

How can I contact Mercadolibre?

Mercadolibre's mailing address is ARIAS 3751 7TH FLOOR, BUENOS AIRES C1, C1430CRG. The company can be reached via phone at 54-11-4640-8000 or via email at [email protected]


MarketBeat Community Rating for Mercadolibre (NASDAQ MELI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  434 (Vote Outperform)
Underperform Votes:  435 (Vote Underperform)
Total Votes:  869
MarketBeat's community ratings are surveys of what our community members think about Mercadolibre and other stocks. Vote "Outperform" if you believe MELI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MELI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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