NASDAQ:MELI - Mercadolibre Stock Price, News, & Analysis

$629.51
+10.66 (+1.72 %)
(As of 06/18/2019 10:48 AM ET)
Today's Range
$622.82
Now: $629.51
$632.09
50-Day Range
$482.35
MA: $573.09
$630.94
52-Week Range
$257.52
Now: $629.51
$635.71
Volume152,565 shs
Average Volume578,482 shs
Market Capitalization$31.05 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.84
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. Read More…

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$1.44 billion
Cash Flow$0.2081 per share
Book Value$7.45 per share

Profitability

Net Income$-36,580,000.00

Miscellaneous

Employees2,409
Market Cap$31.05 billion
Next Earnings Date8/14/2019 (Estimated)
OptionableOptionable

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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 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.14. The business 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 quarterly revenue was up 47.7% on a year-over-year basis. During the same period in the prior year, the business earned ($0.29) earnings per share. View Mercadolibre's Earnings History.

When is Mercadolibre's next earnings date?

Mercadolibre is scheduled to release their next quarterly earnings announcement on Wednesday, August 14th 2019. View Earnings Estimates for Mercadolibre.

What price target have analysts set for MELI?

14 brokers have issued 1-year target prices for Mercadolibre's stock. Their predictions range from $340.00 to $600.00. On average, they anticipate Mercadolibre's share price to reach $491.0833 in the next year. This suggests that the stock has a possible downside of 21.9%. View Analyst Price Targets for Mercadolibre.

What is the consensus analysts' recommendation for Mercadolibre?

14 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 7 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 headlines about MELI stock have been trending very negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mercadolibre earned a news impact score of -3.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Mercadolibre.

Are investors shorting Mercadolibre?

Mercadolibre saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 1,682,000 shares, a decrease of 13.1% from the April 15th total of 1,935,100 shares. Based on an average daily volume of 730,400 shares, the days-to-cover ratio is currently 2.3 days. Currently, 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 Companhia de Saneamento Bsc DEDSP (SBS), Alibaba Group (BABA), NVIDIA (NVDA), Alphabet (GOOG), Vertex Pharmaceuticals (VRTX), Baidu (BIDU), Netflix (NFLX), Shopify (SHOP), Intuitive Surgical (ISRG) and Broadcom (AVGO).

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 many different of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (10.79%), BlackRock Inc. (2.99%), FMR LLC (2.58%), OppenheimerFunds Inc. (2.23%), Wells Fargo & Company MN (0.97%) and Jennison Associates LLC (0.87%). 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 Sustainable Growth Advisers LP. 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 FMR LLC, Jennison Associates LLC, OppenheimerFunds Inc., Wasatch Advisors Inc., JGP Global Gestao de Recursos Ltda., Gilder Gagnon Howe & Co. LLC, Oribel Capital Management LP and Candriam Luxembourg S.C.A.. 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 $629.11.

How big of a company is Mercadolibre?

Mercadolibre has a market capitalization of $31.03 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 2,409 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]


MarketBeat Community Rating for Mercadolibre (NASDAQ MELI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  454 (Vote Outperform)
Underperform Votes:  454 (Vote Underperform)
Total Votes:  908
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.
This page was last updated on 6/18/2019 by MarketBeat.com Staff

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