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NASDAQ:MELIMercadolibre Stock Price, Forecast & News

$454.47
-8.40 (-1.81 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$443.01
Now: $454.47
$460.96
50-Day Range
$447.34
MA: $586.40
$742.74
52-Week Range
$422.22
Now: $454.47
$756.48
Volume868,454 shs
Average Volume710,193 shs
Market Capitalization$22.59 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.59
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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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.16 out of 5 stars


Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorRetail/Wholesale
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 Flow1,059,118.75
Book Value$39.89 per share

Profitability

Net Income$-172,000,000.00

Miscellaneous

Employees3,492
Market Cap$22.59 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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Mercadolibre (NASDAQ:MELI) Frequently Asked Questions

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

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 stock has decreased by 17.5% and is now trading at $454.47. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Mercadolibre?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercadolibre in the last year. There are currently 1 sell rating, 6 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, May 7th 2020. View our earnings forecast for Mercadolibre.

How were Mercadolibre's earnings last quarter?

Mercadolibre Inc (NASDAQ:MELI) issued its quarterly earnings results on Monday, February, 10th. The company reported ($1.11) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.55) by $0.56. The firm earned $674.20 million during the quarter, compared to the consensus estimate of $666.97 million. Mercadolibre had a negative net margin of 7.49% and a negative return on equity of 3.50%. The business's quarterly revenue was up 57.5% compared to the same quarter last year. During the same quarter last year, the company posted ($0.05) earnings per share. View Mercadolibre's earnings history.

What price target have analysts set for MELI?

20 Wall Street analysts have issued 12-month price targets for Mercadolibre's shares. Their forecasts range from $520.00 to $820.00. On average, they anticipate Mercadolibre's share price to reach $703.79 in the next twelve months. This suggests a possible upside of 54.9% from the stock's current price. View analysts' price targets 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?

Media headlines about MELI stock have trended very negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mercadolibre earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutMercadolibre.

Are investors shorting Mercadolibre?

Mercadolibre saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,686,900 shares, an increase of 5.4% from the February 27th total of 1,600,000 shares. Based on an average daily volume of 660,100 shares, the days-to-cover ratio is currently 2.6 days. Approximately 3.9% of the company's stock are short sold. View Mercadolibre's Current Options Chain.

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 Alibaba Group (BABA), NVIDIA (NVDA), Shopify (SHOP), Companhia de Saneamento Bsc DEDSP (SBS), Alphabet (GOOG), Netflix (NFLX), Baidu (BIDU), Walt Disney (DIS), Tesla (TSLA) and Vertex Pharmaceuticals (VRTX).

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."

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 $454.47.

How big of a company is Mercadolibre?

Mercadolibre has a market capitalization of $22.59 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. View additional information about Mercadolibre.

What is Mercadolibre's official website?

The official website for Mercadolibre is http://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 i[email protected]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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