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NASDAQ:MELI

Mercadolibre Stock Forecast, Price & News

$1,062.00
+27.37 (+2.65 %)
(As of 09/28/2020 06:07 AM ET)
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Today's Range
$1,018.41
Now: $1,062.00
$1,068.39
50-Day Range
$980.15
MA: $1,118.33
$1,224.00
52-Week Range
$422.22
Now: $1,062.00
$1,270.00
Volume419,500 shs
Average Volume602,466 shs
Market Capitalization$52.79 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.6
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.
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Mercadolibre logo

Beat the Market (BTM) Rank

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

Industry Business services, not elsewhere classified
Sub-IndustryN/A
Current SymbolNASDAQ:MELI
CUSIPN/A
Phone54-11-4640-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.30 billion
Cash Flow$0.00 per share
Price / Cash Flow2,454,648.75
Book Value$39.89 per share

Profitability

Net Income$-172,000,000.00

Miscellaneous

Employees3,492
Market Cap$52.79 billion
Next Earnings Date10/29/2020 (Estimated)
OptionableOptionable
$1,062.00
+27.37 (+2.65 %)
(As of 09/28/2020 06:07 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Mercadolibre (NASDAQ:MELI) Frequently Asked Questions

How has Mercadolibre's stock price been impacted by Coronavirus (COVID-19)?

Mercadolibre's stock was trading at $550.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MELI shares have 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 2 hold ratings and 14 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) posted its earnings results on Monday, August, 10th. The company reported $1.11 EPS for the quarter, topping the consensus estimate of $0.10 by $1.01. The firm had revenue of $878.40 million for the quarter, compared to the consensus estimate of $749.21 million. Mercadolibre had a negative net margin of 5.89% and a negative return on equity of 3.46%. The firm's quarterly revenue was up 61.1% on a year-over-year basis. During the same period last year, the company posted $0.31 earnings per share.
View Mercadolibre's earnings history
.

What price target have analysts set for MELI?

16 Wall Street analysts have issued 12-month price objectives for Mercadolibre's stock. Their forecasts range from $548.00 to $1,484.00. On average, they expect Mercadolibre's stock price to reach $1,063.80 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price.
View analysts' price targets for Mercadolibre
.

Are investors shorting Mercadolibre?

Mercadolibre saw a increase in short interest in 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 trading volume of 518,000 shares, the short-interest ratio is currently 4.2 days. Currently, 5.0% of the shares of the company are sold short.
View Mercadolibre's Short Interest
.

Who are some of Mercadolibre's key 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 variety of retail and institutional investors. Top institutional shareholders 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 bought 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 9/28/2020 by MarketBeat.com Staff

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