NASDAQ:MELI MercadoLibre - MELI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MercadoLibre, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $1,194.11 -26.31 (-2.16%) (As of 03/22/2023 03:58 PM ET) Add Compare Share Share Today's Range$1,190.30▼$1,225.6550-Day Range$936.80▼$1,264.9152-Week Range$600.68▼$1,275.82Volume340,216 shsAverage Volume559,031 shsMarket Capitalization$60.01 billionP/E Ratio125.17Dividend YieldN/APrice Target$1,305.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MercadoLibre MarketRank™ ForecastAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside8.0% Upside$1,305.00 Price TargetShort InterestHealthy2.08% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.48Upright™ Environmental ScoreNews Sentiment0.58Based on 12 Articles This WeekInsider TradingSelling Shares$188,400 Sold Last QuarterProj. Earnings Growth56.08%From $15.96 to $24.91 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.18 out of 5 starsRetail/Wholesale Sector133rd out of 207 stocksBusiness Services, Not Elsewhere Classified Industry59th out of 90 stocks 1.4 Analyst's Opinion Consensus RatingMercadoLibre has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1,305.00, MercadoLibre has a forecasted upside of 8.0% from its current price of $1,208.84.Amount of Analyst CoverageMercadoLibre has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.08% of the float of MercadoLibre has been sold short.Short Interest Ratio / Days to CoverMercadoLibre has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MercadoLibre has recently decreased by 0.14%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldMercadoLibre does not currently pay a dividend.Dividend GrowthMercadoLibre does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of MercadoLibre is 6.29%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MercadoLibre will have a dividend payout ratio of 2.41% next year. This indicates that MercadoLibre will be able to sustain or increase its dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMercadoLibre has received a -2.84% net impact score from Upright. The largest negative impact of MercadoLibre in category "GHG emissions" seems to be driven mostly by its "Digital marketplaces for used cars", "Online retail of footwear", "Online retail of toys", and "Online retail of home electrical appliances" products. See details.Environmental SustainabilityThe Environmental Impact score for MercadoLibre is -1.48. Previous Next 3.7 News and Social Media Coverage News SentimentMercadoLibre has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 12 news articles for MercadoLibre this week, compared to 9 articles on an average week.Search Interest43 people have searched for MELI on MarketBeat in the last 30 days. This is an increase of 16% compared to the previous 30 days.MarketBeat Follows28 people have added MercadoLibre to their MarketBeat watchlist in the last 30 days. This is an increase of 8% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MercadoLibre insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $188,400.00 in company stock.Percentage Held by InsidersOnly 0.27% of the stock of MercadoLibre is held by insiders.Percentage Held by Institutions80.49% of the stock of MercadoLibre is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for MercadoLibre are expected to grow by 56.08% in the coming year, from $15.96 to $24.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MercadoLibre is 126.71, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 119.27.Price to Earnings Ratio vs. SectorThe P/E ratio of MercadoLibre is 126.71, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 34.45.Price to Earnings Growth RatioMercadoLibre has a PEG Ratio of 1.76. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMercadoLibre has a P/B Ratio of 33.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MercadoLibre (NASDAQ:MELI) StockMercadoLibre, Inc. engages in the development of an online commerce platform with a focus on e-commerce and related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, and Other Countries. The Other Countries segment includes Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Panama, Peru, Bolivia, Honduras, Nicaragua, El Salvador, Guatemala, Paraguay, Uruguay, and the United States of America. Its products provide a mechanism for buying, selling, and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Montevideo, Uruguay.Read More Receive MELI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MercadoLibre and its competitors with MarketBeat's FREE daily newsletter. Email Address MELI Stock News HeadlinesMarch 22, 2023 | finance.yahoo.comHere's My Top Stock to Buy Now and It's Not Even a QuestionMarch 22, 2023 | americanbankingnews.comResearch Analysts Set Expectations for MercadoLibre, Inc.'s Q1 2023 Earnings (NASDAQ:MELI)March 22, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on MercadoLibre (NASDAQ:MELI)March 17, 2023 | finance.yahoo.comMissed Amazon Stock in 2009? 1 Growth Stock to Buy Now and Hold ForeverMarch 15, 2023 | finance.yahoo.comEarnings Estimates Rising for MercadoLibre (MELI): Will It Gain?March 15, 2023 | americanbankingnews.comMercadoLibre, Inc. (NASDAQ:MELI) Given Consensus Recommendation of "Moderate Buy" by BrokeragesMarch 13, 2023 | benzinga.comMercadoLibre Stock (NASDAQ:MELI), Guidance and ForecastMarch 22, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 6, 2023 | finance.yahoo.comCould MercadoLibre Still Be a Bargain Stock After Rising 43% Already in 2023?March 3, 2023 | finance.yahoo.comBull of the Day: MercadoLibre (MELI)March 3, 2023 | finance.yahoo.comMercadoLibre Stock Just Flashed a Huge Buy SignalMarch 2, 2023 | finance.yahoo.comMercadoLibre (MELI) Upgraded to Strong Buy: What Does It Mean for the Stock?March 2, 2023 | finance.yahoo.comNever Mind Amazon: This Digital Retailer Just Grew Revenue by 57%February 27, 2023 | finance.yahoo.comIron Condor Aims For MercadoLibre's Flightpath, Offers 25% ReturnFebruary 26, 2023 | finance.yahoo.comBest Stock to Buy: MercadoLibre Stock vs. Pinterest StockFebruary 26, 2023 | finance.yahoo.comMercadoLibre Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 24, 2023 | finance.yahoo.comMercadolibre's Earnings Report Blew Everyone's Mind (Again)February 24, 2023 | finance.yahoo.comMercadoLibre, IBD Stock Of The Day, Fuels E-Commerce Across Latin AmericaFebruary 24, 2023 | finance.yahoo.comDow Jones Futures Fall: Nasdaq Rallies On Nvidia, But PCE Inflation Report LoomsFebruary 24, 2023 | finance.yahoo.comMercadoLibre (MELI) Q4 2022 Earnings Call TranscriptFebruary 21, 2023 | finance.yahoo.com3 Reasons Why Growth Investors Shouldn't Overlook MercadoLibre (MELI)February 17, 2023 | finance.yahoo.comBuy These 2 Cathie Wood Growth Stocks to Ride the Next Bull MarketFebruary 16, 2023 | finance.yahoo.comMercadoLibre, Inc. to Report Fourth Quarter 2022 Financial ResultsFebruary 8, 2023 | finance.yahoo.comWhy MercadoLibre (MELI) Might be Well Poised for a SurgeFebruary 3, 2023 | finance.yahoo.comIs MercadoLibre (MELI) a Solid Growth Stock? 3 Reasons to Think "Yes"January 30, 2023 | markets.businessinsider.comAnalysts Offer Insights on Consumer Goods Companies: Mercadolibre (MELI) and Tractor Supply (TSCO)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MELI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MercadoLibre and its competitors with MarketBeat's FREE daily newsletter. Email Address MELI Company Calendar Last Earnings2/23/2023Today3/22/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:MELI CUSIPN/A CIK1099590 Webwww.mercadolibre.com Phone(982) 927-2770Fax54-11-4545-4744Employees13,856Year Founded1999Price Target and Rating Average Stock Price Forecast$1,305.00 High Stock Price Forecast$1,685.00 Low Stock Price Forecast$970.00 Forecasted Upside/Downside+8.1%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$9.54 Trailing P/E Ratio126.60 Forward P/E Ratio75.67 P/E Growth1.76Net Income$482 million Net Margins4.57% Pretax Margin7.40% Return on Equity29.09% Return on Assets4.00% Debt Debt-to-Equity Ratio1.44 Current Ratio1.28 Quick Ratio1.26 Sales & Book Value Annual Sales$10.54 billion Price / Sales5.76 Cash Flow$17.69 per share Price / Cash Flow68.26 Book Value$36.33 per share Price / Book33.24Miscellaneous Outstanding Shares50,258,000Free Float50,122,000Market Cap$60.70 billion OptionableOptionable Beta1.59 Social Links Key ExecutivesMarcos Eduardo GalperinChairman, President & Chief Executive OfficerDaniel RabinovichChief Operating Officer & Executive Vice PresidentPedro Dornelles ArntChief Financial Officer & Executive Vice PresidentMarcelo MelamudChief Accounting Officer & Senior Vice PresidentJacobo Cohen ImachSecretary, Senior Vice President & General CounselKey CompetitorseBayNASDAQ:EBAYAlibaba GroupNYSE:BABAJD.comNASDAQ:JDO'Reilly AutomotiveNASDAQ:ORLYDollar GeneralNYSE:DGView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 25 shares on 3/15/2023Ownership: 0.002%Victory Capital Management Inc.Sold 1,365 shares on 3/10/2023Ownership: 0.033%Emiliano CalemzukSold 150 sharesTotal: $188,400.00 ($1,256.00/share)Rockefeller Capital Management L.P.Sold 471 shares on 3/6/2023Ownership: 0.018%Cypress Asset Management Inc. TXSold 153 shares on 2/28/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions MELI Stock - Frequently Asked Questions Should I buy or sell MercadoLibre stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MELI shares. View MELI analyst ratings or view top-rated stocks. What is MercadoLibre's stock price forecast for 2023? 7 Wall Street research analysts have issued 12-month target prices for MercadoLibre's stock. Their MELI share price forecasts range from $970.00 to $1,685.00. On average, they expect the company's share price to reach $1,305.00 in the next year. This suggests a possible upside of 6.9% from the stock's current price. View analysts price targets for MELI or view top-rated stocks among Wall Street analysts. How have MELI shares performed in 2023? MercadoLibre's stock was trading at $846.24 at the start of the year. Since then, MELI shares have increased by 44.2% and is now trading at $1,220.42. View the best growth stocks for 2023 here. When is MercadoLibre's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our MELI earnings forecast. How were MercadoLibre's earnings last quarter? MercadoLibre, Inc. (NASDAQ:MELI) announced its quarterly earnings results on Thursday, February, 23rd. The company reported $3.25 EPS for the quarter, topping the consensus estimate of $2.11 by $1.14. The business earned $3 billion during the quarter, compared to the consensus estimate of $2.96 billion. MercadoLibre had a net margin of 4.57% and a trailing twelve-month return on equity of 29.09%. The company's revenue was up 40.8% compared to the same quarter last year. During the same quarter last year, the company earned ($0.92) earnings per share. What ETFs hold MercadoLibre's stock? ETFs with the largest weight of MercadoLibre (NASDAQ:MELI) stock in their portfolio include Global X MSCI Argentina ETF (ARGT), FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ), ARK Fintech Innovation ETF (ARKF), Global X Emerging Markets Internet & Ecommerce ETF (EWEB), Emerging Markets Internet & Ecommerce ETF (EMQQ), Global X E-Commerce ETF (EBIZ), Franklin Disruptive Commerce ETF (BUYZ) and Emerge EMPWR Sustainable Global Core Equity ETF (EMZA). What is Marcos Galperín's approval rating as MercadoLibre's CEO? 362 employees have rated MercadoLibre Chief Executive Officer Marcos Galperín on Glassdoor.com. Marcos Galperín has an approval rating of 96% among the company's employees. This puts Marcos Galperín in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of MercadoLibre own? Based on aggregate information from My MarketBeat watchlists, some companies that other MercadoLibre investors own include NVIDIA (NVDA), Shopify (SHOP), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Block (SQ), PayPal (PYPL), Salesforce (CRM), Trade Desk (TTD) and Walt Disney (DIS). What is MercadoLibre's stock symbol? MercadoLibre trades on the NASDAQ under the ticker symbol "MELI." Who are MercadoLibre's major shareholders? MercadoLibre's stock is owned by many different retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (12.19%), Morgan Stanley (5.42%), Jennison Associates LLC (4.37%), Sands Capital Management LLC (2.48%), Generation Investment Management LLP (1.41%) and Franklin Resources Inc. (1.11%). Insiders that own company stock include Alejandro Nicolas Aguzin, Emiliano Calemzuk, Henrique Vasoncelos Dubugras, La Serna Juan Martin De and Marcelo Melamud. View institutional ownership trends. How do I buy shares of MercadoLibre? Shares of MELI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is MercadoLibre's stock price today? One share of MELI stock can currently be purchased for approximately $1,220.42. How much money does MercadoLibre make? MercadoLibre (NASDAQ:MELI) has a market capitalization of $61.34 billion and generates $10.54 billion in revenue each year. The company earns $482 million in net income (profit) each year or $9.54 on an earnings per share basis. How many employees does MercadoLibre have? The company employs 13,856 workers across the globe. How can I contact MercadoLibre? MercadoLibre's mailing address is ARIAS 3751 7TH FLOOR, BUENOS AIRES C1, C1430CRG. The official website for the company is www.mercadolibre.com. The company can be reached via phone at (982) 927-2770, via email at investor@mercadolibre.com, or via fax at 54-11-4545-4744. This page (NASDAQ:MELI) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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