MercadoLibre, Inc operates online commerce platforms in Latin America. It operates MercadoLibre Marketplace, an automated online commerce platform that enables businesses and individuals to list merchandise and conduct sales and purchases online; and MercadoPago FinTech, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, and allows merchants to process transactions via their Websites and mobile apps, as well as in their brick-and-mortar stores through QR and mobile points of sale.
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Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorRetail/Wholesale
Phone54-11-4640-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.44 billion
Profitability
Miscellaneous
Employees2,409
Next Earnings Date2/25/2020 (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) announced its earnings results on Thursday, October, 31st. The company reported ($2.96) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.01 by $2.97. The firm earned $603.03 million during the quarter, compared to analyst estimates of $588.23 million. Mercadolibre had a negative net margin of 5.87% and a negative return on equity of 1.29%. The firm's quarterly revenue was up 69.7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.23) EPS. View Mercadolibre's Earnings History.
When is Mercadolibre's next earnings date?
What price target have analysts set for MELI?
16 equities research analysts have issued 12-month price targets for Mercadolibre's shares. Their forecasts range from $340.00 to $800.00. On average, they expect Mercadolibre's share price to reach $660.87 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Mercadolibre.
What is the consensus analysts' recommendation for Mercadolibre?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercadolibre in the last year. There are currently 1 sell rating, 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. According to Zacks Investment Research, "MercadoLibre reported impressive first quarter results wherein both earnings and revenues surpassed the estimates and grew year over year. Strengthening online-to-offline offerings drove the results. Also, its robust mobile-point-of-sale business and growing adoption of MercadoPago drove the total payment volume during the reported quarter. Additionally, MercadoLibre’s robust free shipping program aided the shipments growth via MercadoEnvios, which remained positive. Further, solid momentum across Brazil, Mexico and other countries aided the company’s top-line growth further. Additionally, rapid adoption of Mobile Wallet acted as a tailwind. Notably, the stock has outperformed the industry it belongs to over a year. However, macroeconomic headwinds in Argentina remained an overhang. Also, rising expenses related to warehousing, infrastructure transition on public clouds, free shipping subsidies and mPOS discounts are concerns." (5/10/2019)
- 2. Stifel Nicolaus analysts commented, "We are raising our estimates and taking our price target to $560 based on our SoTP analysis." (5/3/2019)
- 3. Susquehanna Bancshares Inc analysts commented, " (5/3/2019)
Has Mercadolibre been receiving favorable news coverage?
News headlines about MELI stock have trended negative on Friday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mercadolibre earned a news impact score of -2.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Mercadolibre.
Who are some of Mercadolibre's key competitors?
Some companies that are related to Mercadolibre include Fidelity National Information Servcs (FIS), Global Payments (GPN), Pinduoduo (PDD), Worldpay (WP), NetEase (NTES), eBay (EBAY), FleetCor Technologies (FLT), Total System Services (TSS), Msci (MSCI), CoStar Group (CSGP), Ctrip.Com International (CTRP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), LYFT (LYFT) and The Western Union (WU).
What other stocks do shareholders of Mercadolibre own?
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 a variety of of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.68%), WCM Investment Management LLC (0.68%), Nikko Asset Management Americas Inc. (0.39%), Robeco Institutional Asset Management B.V. (0.24%), Verde Servicos Internacionais S.A. (0.20%) and California Public Employees Retirement System (0.18%). Company insiders that own Mercadolibre stock include Alejandro Nicolas Aguzin, Emiliano Calemzuk 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 Ardevora Asset Management LLP, Assenagon Asset Management S.A., Coronation Fund Managers Ltd., Hillman Co., DAVENPORT & Co LLC, CIBC Private Wealth Group LLC, Columbus Circle Investors and Janney Montgomery Scott LLC. View Insider Buying and Selling for Mercadolibre.
Which institutional investors are buying Mercadolibre stock?
MELI stock was bought by a variety of institutional investors in the last quarter, including Verde Servicos Internacionais S.A., Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., SPX Equities Gestao de Recursos Ltda, WCM Investment Management LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System and Sloane Robinson LLP. Company insiders that have bought Mercadolibre stock in the last two years include Alejandro Nicolas Aguzin, Emiliano Calemzuk 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, Robinhood, Fidelity and Charles Schwab.
What is Mercadolibre's stock price today?
One share of MELI stock can currently be purchased for approximately $562.00.
How big of a company is Mercadolibre?
Mercadolibre has a market capitalization of $27.94 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.View Additional Information About Mercadolibre.
What is Mercadolibre's official website?
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)
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.
