MercadoLibre Company Profile (NASDAQ:MELI)

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

MercadoLibre declared a quarterly dividend on Friday, August 4th. Shareholders of record on Saturday, September 30th will be given a dividend of $0.15 per share on Monday, October 16th. This represents a $0.60 annualized dividend and a yield of 0.25%. The ex-dividend date is Thursday, September 28th. View MercadoLibre's Dividend History.

MercadoLibre, Inc. (NASDAQ:MELI) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by $0.45. The business had revenue of $316.53 million for the quarter, compared to analyst estimates of $312.16 million. MercadoLibre had a net margin of 13.37% and a return on equity of 37.59%. MercadoLibre's quarterly revenue was up 58.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.74 EPS. View MercadoLibre's Earnings History.

MercadoLibre is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for MercadoLibre.

12 brokers have issued 1-year price targets for MercadoLibre's shares. Their predictions range from $147.00 to $330.00. On average, they expect MercadoLibre's share price to reach $261.67 in the next year. View Analyst Ratings for MercadoLibre.

Here are some recent quotes from research analysts about MercadoLibre stock:

• 1. According to Zacks Investment Research, "MercadoLibre is the largest online trading platform in Latin America. We are market leaders in e-commerce in each of Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela, based on unique visitors and page views. Additionally, we have recently launched online trading platforms in Costa Rica, the Dominican Republic and Panama. With a market of over Five fifty million people and a region with one of the world's fastest-growing Internet penetration rates, we provide buyers and sellers a robust online trading environment that fosters the development of a large and growing e-commerce community. We offer a technological and commercial solution that addresses the distinctive cultural and geographic challenges of operating an online trading platform in Latin America. " (8/9/2017)
• 2. Stifel Nicolaus analysts commented, "MercadoLibre capped a strong year with another impressive quarter. MercadoLibre has positioned itself as the leading eCommerce platform in Latin America with the development of enhanced services which has allowed the company to offer a complete solution and to increase the value proposition to both buyers and merchants. Topline and bottom-line momentum continued in 4Q:16 as revenue increased 68% FX-adj., TPV increased 84% y/y FX-adj. and EBIT margins expanded nearly 700bps y/y. We are raising our estimates and take our price target to $220." (2/24/2017)
• 3. Cowen and Company analysts commented, "MELI reported strong 4Q operating results with revenues and EBITDA besting our forecasts by 2% and 17%. The larger point is that MELI's ecosystem of marketplace, payments and logistics is thriving. We boost LT estimates again' MELI delivered strong 4Q financial results with revenues of $256.3MM beating our $251.8MM forecast and Street $251.7MM. Revenues grew 42% y/y on a reported basis but increased an impressive 68% x-FX, better than the 66% y/y growth in 3Q and on par with the 69% y/y in 4Q15. As for expenses, COGS was essentially in-line with our expectations driving a 3% better-than-estimated Gross Profit or 63.5% Gross Margin versus forecast 63%. Other opex was mostly better than our forecast driven by R&D and G&A expense 20% and 16% below our forecast. Adj. EBITDA of $73MM (28.5% margin) was $10.6MM higher than our $62.4MM forecast (and compares against Cons. $65MM). EPS of $1.16 was meaningfully above our $0.89 forecast (Cons. $0.92)." (2/24/2017)

Some companies that are related to MercadoLibre include Shopify (SHOP), Boohoo.Com PLC (BOO), The Trade Desk (TTD), AO World PLC (AO), Overstock.com (OSTK), Jumei International Holding Ltd (JMEI), Mysale Group PLC (MYSL), Points International (PCOM), CafePress (PRSS), Borderfree (BRDR), Cnova NV (CNV), E Commerce China Dangdang (DANG), Geeknet (GKNT) and JD.com (JD).

MercadoLibre's management team includes the folowing people:

• Marcos Galperin, Chairman of the Board, President, Chief Executive Officer
• Pedro Arnt, Chief Financial Officer, Executive Vice President
• Stelleo Tolda, Executive Vice President, Chief Operating Officer
• Daniel Rabinovich, Executive Vice President, Chief Technology Officer
• Osvaldo Gimenez, Executive Vice President - Payments
• Marcelo Melamud, Senior Vice President, Chief Accounting Officer
• Emiliano Calemzuk, Lead Independent Director
• Nicolas Aguzin, Independent Director
• Meyer Malka Rais, Independent Director
• Javier Olivan, Independent Director

MercadoLibre's stock is owned by a number of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (13.96%), Carmignac Gestion (5.17%), Orbis Allan Gray Ltd (3.60%), Koch Industries Inc. (2.19%), Ameriprise Financial Inc. (2.04%) and Jennison Associates LLC (1.76%). Company insiders that own MercadoLibre stock include A Michael Spence, Daniel Rabinovich, Ebay Inc, Pedro Arnt and Stelleo Tolda. View Institutional Ownership Trends for MercadoLibre.

MercadoLibre's stock was sold by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., Ameriprise Financial Inc., Fiera Capital Corp, Jackson Square Partners LLC, WCM Investment Management CA, Dynamo Internacional Gestao DE Recursos LTDA., FMR LLC and Capital Guardian Trust Co.. Company insiders that have sold MercadoLibre stock in the last year include Ebay Inc and Stelleo Tolda. View Insider Buying and Selling for MercadoLibre.

MercadoLibre's stock was purchased by a variety of institutional investors in the last quarter, including Koch Industries Inc., Jennison Associates LLC, Renaissance Technologies LLC, Ardevora Asset Management LLP, Orbis Allan Gray Ltd, Nordea Investment Management AB, Foxhaven Asset Management LP and Acadian Asset Management LLC. View Insider Buying and Selling for MercadoLibre.

Shares of MercadoLibre can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MercadoLibre stock can currently be purchased for approximately $236.14.