NASDAQ:MELIMercadolibre Stock Price, Forecast & 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 $533.28 -10.72 (-1.97 %) (As of 04/9/2020 04:00 PM ET) Add Compare Share Today's Range$527.08Now: $533.28▼$557.8550-Day Range$447.34MA: $558.02▼$742.7452-Week Range$422.22Now: $533.28▼$756.48Volume493,978 shsAverage Volume702,136 shsMarket Capitalization$26.51 billionP/E RatioN/ADividend YieldN/ABeta1.59 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 4.3 Analyst's Opinion Consensus RatingMercadolibre has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 13 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $703.79, Mercadolibre has a potential upside of 32.0% from its current price of $533.28.Amount of Analyst CoverageMercadolibre has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesMercadolibre has received 544 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMercadolibre has received 529 “underperform” votes. (Add your “underperform” vote.)Community SentimentMercadolibre has received 50.70% “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 has only been increasing its dividend for 3 years. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mercadolibre insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,065,431.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.40% of the stock of Mercadolibre is held by insiders.Percentage Held by Institutions80.96% 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 0.0 Earnings and Valuation Earnings GrowthEarnings for Mercadolibre are expected to decrease by -173.13% in the coming year, from ($1.60) to $1.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mercadolibre is -146.91, 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 -146.91, 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 13.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:MELI Previous Symbol CUSIPN/A CIK1099590 Webhttp://www.mercadolibre.com/ Phone54-11-4640-8000Debt Debt-to-Equity Ratio0.41 Current Ratio2.16 Quick Ratio2.16Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$2.30 billion Price / Sales11.54 Cash Flow$0.00 per share Price / Cash Flow1,244,572.25 Book Value$39.89 per share Price / Book13.37Profitability EPS (Most Recent Fiscal Year)($1.68) Net Income$-172,000,000.00 Net Margins-7.49% Return on Equity-3.50% Return on Assets-1.61%Miscellaneous Employees3,492 Outstanding Shares49,710,000Market Cap$26.51 billion Next Earnings Date5/7/2020 (Estimated) OptionableOptionable 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. NASDAQ:MELI Rates by TradingView 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MELI stock has decreased by 3.2% and is now trading at $533.28. View which stocks have been most 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) released its quarterly earnings results on Monday, February, 10th. The company reported ($1.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.55) by $0.56. The business earned $674.20 million during the quarter, compared to the consensus estimate of $666.97 million. Mercadolibre had a negative return on equity of 3.50% and a negative net margin of 7.49%. The company's quarterly revenue was up 57.5% on a year-over-year basis. During the same quarter last year, the business posted ($0.05) EPS. View Mercadolibre's earnings history. What price target have analysts set for MELI? 20 brokerages have issued twelve-month price objectives 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 32.0% 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? Headlines about MELI stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mercadolibre earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutMercadolibre. Are investors shorting Mercadolibre? Mercadolibre saw a increase in short interest in 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 trading volume, of 660,100 shares, the days-to-cover ratio is currently 2.6 days. Approximately 3.9% of the company's stock are sold short. View Mercadolibre's Current Options Chain. 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), Global Payments (GPN), NetEase (NTES), eBay (EBAY), Msci (MSCI), Total System Services (TSS), CoStar Group (CSGP), FleetCor Technologies (FLT), Akamai Technologies (AKAM), Ctrip.Com International (CTRP), Trip.com Group (TCOM), Broadridge Financial Solutions (BR) and Fair Isaac (FICO). 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), Vertex Pharmaceuticals (VRTX) and Tesla (TSLA). 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 shareholders include Verde Servicos Internacionais S.A. (0.53%), Hillman Co. (0.08%), IFM Investors Pty Ltd (0.01%), Gradient Investments LLC (0.01%), Investment House LLC (0.00%) and Harbour Capital Advisors LLC (0.00%). Company insiders that own Mercadolibre stock include 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 Hillman Co., Investment House LLC, and IFM Investors Pty Ltd. View insider buying and selling activity for Mercadolibre. Which institutional investors are buying Mercadolibre stock? MELI stock was acquired by a variety of institutional investors in the last quarter, including Verde Servicos Internacionais S.A., Gradient Investments LLC, and Harbour Capital Advisors LLC. 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 $533.28. How big of a company is Mercadolibre? Mercadolibre has a market capitalization of $26.51 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 [email protected] This page was last updated on 4/9/2020 by MarketBeat.com StaffFeatured Article: What is the downside to momentum investing?
