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

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$498.38 -3.58 (-0.71 %)
(As of 04/18/2019 08:56 AM ET)
Previous Close$501.96
Today's Range$486.69 - $503.4601
52-Week Range$257.52 - $527.09
Volume502,321 shs
Average Volume646,134 shs
Market Capitalization$22.53 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.22
MercadoLibre, Inc. hosts online commerce platforms in Latin America. It offers MercadoLibre Marketplace, an automated online commerce service for businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. The company's Marketplace platform enables commerce through online classifieds for motor vehicles, vessels, aircraft, services, and real estate; and Internet users to browse through various products that are listed on its Website and to register with MercadoLibre to list and purchase items and services. It also provides MercadoLibre Classifieds service that enables users to list their offerings related to motor vehicles, vessels, aircraft, real estate, and services outside the Marketplace platform; and MercadoPago, an integrated online payments solution to facilitate transactions on and off the MercadoLibre Marketplace by providing a mechanism that allows its users to send and receive payments online. In addition, the company offers MercadoLibre Advertising platform, which enables large retailers and various other consumer brands to promote their products and services on the Internet by providing branding and performance marketing services; and advertisers to place text, display, or banner advertisements in order to promote their brands and offerings on its Webpages and associated sites. Further, it provides MercadoShops, a software-as-a-service, hosted online store solution that enables users to set-up, manage, and promote their own Webstores; and MercadoEnvios, a shipping service for marketplace users. The company was founded in 1999 and is headquartered in Buenos Aires, Argentina.

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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$0.1976 per share
Book Value$7.45 per share

Profitability

Net Income$-36,580,000.00

Miscellaneous

Employees2,409
Market Cap$22.53 billion
Next Earnings Date5/8/2019 (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) announced its quarterly earnings data on Tuesday, February, 26th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.13. The company earned $428 million during the quarter, compared to analysts' expectations of $400.80 million. Mercadolibre had a negative net margin of 2.54% and a negative return on equity of 13.47%. The business's revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the company posted ($1.53) EPS. View Mercadolibre's Earnings History.

When is Mercadolibre's next earnings date?

Mercadolibre is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Mercadolibre.

What price target have analysts set for MELI?

14 Wall Street analysts have issued 12 month price objectives for Mercadolibre's shares. Their forecasts range from $260.00 to $600.00. On average, they expect Mercadolibre's share price to reach $449.8325 in the next twelve months. This suggests that the stock has a possible downside of 9.7%. 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 2 sell ratings, 4 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. Stifel Nicolaus analysts commented, "We believe the long-term opportunity for MercadoLibre remains attractive given its leadership position in eCommerce and the attractive growth opportunity in the payments business. We reiterate our Buy rating and are increasing our price target to $460 after raising our long-term revenue and operating income forecasts." (2/27/2019)
  • 2. According to Zacks Investment Research, "MercadoLibre increasing expenses related to warehousing, infrastructure transition on public cloud, free shipping subsidies and discounts on mPOS devices are hurting the company’s margin expansion. Further, rising competition from e-commerce giants poses serious threat to its market position. However, the company is currently benefiting from growing number of confirmed registered users. Increasing adoption rate of MercadoPago continues to aid growth in total payment volume of the company. Further, improving shipments via MercadoEnvios are major positives. All these factors are driving MercadoLibre’s top-line growth. Additionally, the company’s strong mobile wallet initiatives are accelerating the adoption rate of its Mobile Wallet. Also, its strengthening momentum across the geographies is a tailwind. " (2/4/2019)

Has Mercadolibre been receiving favorable news coverage?

News stories about MELI stock have been trending very negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, 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 media stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

Are investors shorting Mercadolibre?

Mercadolibre saw a decrease in short interest in March. As of March 29th, there was short interest totalling 1,891,295 shares, a decrease of 32.1% from the March 15th total of 2,785,518 shares. Based on an average daily volume of 596,408 shares, the days-to-cover ratio is presently 3.2 days. Approximately 4.6% of the shares of the stock are sold short. 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), Alphabet (GOOG), NVIDIA (NVDA), Vertex Pharmaceuticals (VRTX), Baidu (BIDU), Netflix (NFLX), Shopify (SHOP), Intuitive Surgical (ISRG) and Activision Blizzard (ATVI).

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 retail and institutional investors. Top institutional investors include DAVENPORT & Co LLC (0.15%), Portland Hill Asset Management Ltd (0.04%), Dorsey Wright & Associates (0.03%), Virtu Financial LLC (0.02%), Gateway Investment Advisers LLC (0.01%) and Calamos Advisors LLC (0.01%). 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 Portland Hill Asset Management Ltd, Gateway Investment Advisers LLC, DAVENPORT & Co LLC, Cumberland Advisors Inc. and Confluence Investment Management LLC. View Insider Buying and Selling for Mercadolibre.

Which major investors are buying Mercadolibre stock?

MELI stock was purchased by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Calamos Advisors LLC, Landsberg Bennett & Dubbaneh LLC, Mercer Global Advisors Inc. ADV, Personal Wealth Partners, IFM Investors Pty Ltd, Dorsey Wright & Associates and Shine Investment Advisory Services 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 $498.38.

How big of a company is Mercadolibre?

Mercadolibre has a market capitalization of $22.53 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.

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:  438 (Vote Outperform)
Underperform Votes:  440 (Vote Underperform)
Total Votes:  878
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 4/18/2019 by MarketBeat.com Staff

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