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.
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
Employees7,239
Next Earnings Date8/14/2019 (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 earnings results on Thursday, May, 2nd. The company reported $0.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.14. The firm earned $474 million during the quarter, compared to analyst estimates of $423.19 million. Mercadolibre had a negative net margin of 0.74% and a negative return on equity of 1.55%. The business's revenue was up 47.7% on a year-over-year basis. During the same period last year, the business earned ($0.29) earnings per share. View Mercadolibre's Earnings History.
When is Mercadolibre's next earnings date?
What price target have analysts set for MELI?
15 brokers have issued 12-month target prices for Mercadolibre's stock. Their predictions range from $260.00 to $600.00. On average, they expect Mercadolibre's stock price to reach $471.3069 in the next year. This suggests that the stock has a possible downside of 20.5%. View Analyst Price Targets for Mercadolibre.
What is the consensus analysts' recommendation for Mercadolibre?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercadolibre in the last year. There are currently 2 sell ratings, 5 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. 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 stories about MELI stock have been trending negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mercadolibre earned a news impact score of -2.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an impact on the stock's share price in the near term.
Who are some of Mercadolibre's key competitors?
Some companies that are related to Mercadolibre include Booking (BKNG), Fidelity National Information Servcs (FIS), Worldpay (WP), NetEase (NTES), eBay (EBAY), First Data (FDC), Global Payments (GPN), FleetCor Technologies (FLT), Pinduoduo (PDD), Total System Services (TSS), Ctrip.Com International (CTRP), CoStar Group (CSGP), Msci (MSCI), LYFT (LYFT) and Broadridge Financial Solutions (BR).
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 investors include Baillie Gifford & Co. (10.79%), Morgan Stanley (3.77%), BlackRock Inc. (2.99%), FMR LLC (2.58%), OppenheimerFunds Inc. (2.23%) and Viking Global Investors LP (1.24%). Company insiders that own Mercadolibre stock include Alejandro Nicolas Aguzin, Emiliano Calemzuk and Meyer Malka. View Institutional Ownership Trends for Mercadolibre.
Which major investors are selling Mercadolibre stock?
MELI stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Coronation Fund Managers Ltd., Artisan Partners Limited Partnership, Wells Fargo & Company MN, BlackRock Inc., Fiera Capital Corp, Commonwealth of Pennsylvania Public School Empls Retrmt SYS and Dynamo Internacional Gestao DE Recursos LTDA.. View Insider Buying and Selling for Mercadolibre.
Which major investors are buying Mercadolibre stock?
MELI stock was bought by a variety of institutional investors in the last quarter, including Viking Global Investors LP, FMR LLC, Renaissance Technologies LLC, Jericho Capital Asset Management L.P., Castle Hook Partners LP, PointState Capital LP, Jennison Associates LLC and OppenheimerFunds Inc.. 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, Scottrade, Fidelity and Charles Schwab.
What is Mercadolibre's stock price today?
One share of MELI stock can currently be purchased for approximately $592.55.
How big of a company is Mercadolibre?
Mercadolibre has a market capitalization of $29.22 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 7,239 workers across the globe.
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.
