NASDAQ:MELI Mercadolibre Stock Forecast, Price & News Adding Choose a 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. Log In and Add $1,062.00 +27.37 (+2.65 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$1,018.41Now: $1,062.00▼$1,068.3950-Day Range$980.15MA: $1,118.33▼$1,224.0052-Week Range$422.22Now: $1,062.00▼$1,270.00Volume419,537 shsAverage Volume602,465 shsMarket Capitalization$52.79 billionP/E RatioN/ADividend YieldN/ABeta1.6 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. The company also offers MercadoFondo, an asset management product; and MercadoCredito, a lending solution. In addition, it provides MercadoEnvios logistics solution, which offers its platform technological and operational integration services with third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. Further, the company provides MercadoLibre Classifieds service that enables users to list their offerings related to motor vehicles, vessels, aircraft, and real estate and services outside the Marketplace platform. Additionally, it offers MercadoLibre Advertising platform, which enables retailers and various other consumer brands to promote their products and services on the Internet by providing branding and performance marketing solutions. The company also provides MercadoShops, a software-as-a-service hosted online store solution that enables users to set-up, manage, and promote their own Webstores. The company was founded in 1999 and is headquartered in Buenos Aires, Argentina.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingMercadolibre has received a consensus rating of Buy. The company's average rating score is 2.81, and is based on 13 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1,020.47, Mercadolibre has a forecasted downside of 3.9% from its current price of $1,062.00.Amount of Analyst CoverageMercadolibre has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesMercadolibre has received 564 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMercadolibre has received 538 “underperform” votes. (Add your “underperform” vote.)Community SentimentMercadolibre has received 51.18% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldMercadolibre does not currently pay a dividend.Dividend GrowthMercadolibre does not have a long track record of dividend growth. Previous Next 1.0 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 $7,415,340.00 in company stock.Percentage Held by InsidersOnly 0.40% of the stock of Mercadolibre is held by insiders.Percentage Held by Institutions81.54% 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 1,288.89% in the coming year, from $0.09 to $1.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mercadolibre is -312.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Mercadolibre is -312.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMercadolibre has a P/B Ratio of 26.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.58 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:MELI Previous Symbol CUSIPN/A CIK1099590 Webwww.mercadolibre.com Phone54-11-4640-8000Debt Debt-to-Equity Ratio0.43 Current Ratio1.79 Quick Ratio1.78Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio11,800.00 P/E GrowthN/A Sales & Book Value Annual Sales$2.30 billion Price / Sales22.99 Cash Flow$0.00 per share Price / Cash Flow2,454,648.75 Book Value$39.89 per share Price / Book26.62Profitability EPS (Most Recent Fiscal Year)($1.68) Net Income$-172,000,000.00 Net Margins-5.89% Return on Equity-3.46% Return on Assets-1.39%Miscellaneous Employees3,492 Outstanding Shares49,710,000Market Cap$52.79 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $1,062.00 +27.37 (+2.65 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MELI News and Ratings via Email Sign-up to receive the latest news and ratings for MELI and its competitors with MarketBeat's FREE daily newsletter. Mercadolibre (NASDAQ:MELI) Frequently Asked Questions How has Mercadolibre's stock price been impacted by COVID-19? Mercadolibre's stock was trading at $550.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MELI stock has increased by 92.8% and is now trading at $1,062.00. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Mercadolibre? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercadolibre in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mercadolibre. When is Mercadolibre's next earnings date? Mercadolibre is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for Mercadolibre. How were Mercadolibre's earnings last quarter? Mercadolibre Inc (NASDAQ:MELI) released its quarterly earnings results on Monday, August, 10th. The company reported $1.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $1.01. The company had revenue of $878.40 million for the quarter, compared to the consensus estimate of $749.21 million. Mercadolibre had a negative return on equity of 3.46% and a negative net margin of 5.89%. The firm's revenue was up 61.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.31 EPS. View Mercadolibre's earnings history. What price target have analysts set for MELI? 16 Wall Street analysts have issued 12-month price targets for Mercadolibre's shares. Their forecasts range from $548.00 to $1,484.00. On average, they expect Mercadolibre's share price to reach $1,020.47 in the next year. This suggests that the stock has a possible downside of 3.9%. View analysts' price targets for Mercadolibre. Are investors shorting Mercadolibre? Mercadolibre saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,190,000 shares, an increase of 19.0% from the August 31st total of 1,840,000 shares. Based on an average daily volume of 518,000 shares, the days-to-cover ratio is presently 4.2 days. Currently, 5.0% of the company's shares are sold short. View Mercadolibre's Short Interest. Who are some of Mercadolibre's key competitors? Some companies that are related to Mercadolibre include Accenture (ACN), Fidelity National Information Servcs (FIS), Pinduoduo (PDD), NetEase (NTES), Uber Technologies (UBER), Global Payments (GPN), eBay (EBAY), CoStar Group (CSGP), Msci (MSCI), Zillow Group (Z), Zillow Group (ZG), FleetCor Technologies (FLT), Akamai Technologies (AKAM), Ctrip.Com International (CTRP) and Trip.com Group (TCOM). View all 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 NVIDIA (NVDA), Shopify (SHOP), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Square (SQ), Paypal (PYPL), salesforce.com (CRM), Trade Desk (TTD) and Walt Disney (DIS). Who are Mercadolibre's key executives? Mercadolibre's management team includes the following 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) 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 a number of retail and institutional investors. Top institutional investors include Mint Tower Capital Management B.V. (25.15%), WCM Investment Management LLC (4.59%), GQG Partners LLC (2.03%), Jennison Associates LLC (1.82%), Sumitomo Mitsui Trust Holdings Inc. (0.83%) and William Blair Investment Management LLC (0.70%). 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 Viking Global Investors LP, Verde Servicos Internacionais S.A., Banco Santander S.A., Bamco Inc. NY, Advisor Group Holdings Inc., Driehaus Capital Management LLC, Wasatch Advisors Inc., and Think Investments LP. Company insiders that have sold Mercadolibre company stock in the last year include Alejandro Nicolas Aguzin, and Emiliano Calemzuk. View insider buying and selling activity for Mercadolibre. Which institutional investors are buying Mercadolibre stock? MELI stock was purchased by a variety of institutional investors in the last quarter, including Mint Tower Capital Management B.V., GQG Partners LLC, Jennison Associates LLC, Holocene Advisors LP, WCM Investment Management LLC, William Blair Investment Management LLC, Heritage Wealth Advisors, and Nordea Investment Management AB. Company insiders that have bought Mercadolibre stock in the last two years include Emiliano Calemzuk, and Meyer Malka. View insider buying and selling activity 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 $1,062.00. How big of a company is Mercadolibre? Mercadolibre has a market capitalization of $52.79 billion and generates $2.30 billion in revenue each year. The company earns $-172,000,000.00 in net income (profit) each year or ($1.68) on an earnings per share basis. Mercadolibre employs 3,492 workers across the globe. What is Mercadolibre's official website? The official website for Mercadolibre is 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] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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