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 $1,100.01 -24.30 (-2.16 %) (As of 08/12/2020 04:00 PM ET) Add Compare Share Today's Range$1,097.72Now: $1,100.01▼$1,146.0050-Day Range$953.77MA: $1,038.89▼$1,225.4552-Week Range$422.22Now: $1,100.01▼$1,270.00Volume670,400 shsAverage Volume615,039 shsMarket Capitalization$54.68 billionP/E RatioN/ADividend YieldN/ABeta1.72 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 2.4 Analyst's Opinion Consensus RatingMercadolibre has received a consensus rating of Buy. The company's average rating score is 2.79, and is based on 15 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $970.61, Mercadolibre has a potential downside of 11.8% from its current price of $1,100.01.Amount of Analyst CoverageMercadolibre has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesMercadolibre has received 562 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMercadolibre has received 537 “underperform” votes. (Add your “underperform” vote.)Community SentimentMercadolibre has received 51.14% “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 does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mercadolibre insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.40% of the stock of Mercadolibre is held by insiders.Percentage Held by Institutions80.50% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Mercadolibre are expected to grow in the coming year, from ($0.95) to $1.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mercadolibre is -261.91, 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 -261.91, 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 27.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.32 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 Webwww.mercadolibre.com Phone54-11-4640-8000Debt Debt-to-Equity Ratio0.42 Current Ratio2.23 Quick Ratio2.22Price-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 / Sales23.81 Cash FlowN/A Price / Cash FlowN/A Book Value$39.89 per share Price / Book27.58Profitability EPS (Most Recent Fiscal Year)($1.68) Net Income$-172,000,000.00 Net Margins-8.28% Return on Equity-5.29% Return on Assets-2.33%Miscellaneous Employees3,492 Outstanding Shares49,710,000Market Cap$54.68 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $1,100.01 -24.30 (-2.16 %) (As of 08/12/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Mercadolibre (NASDAQ:MELI) Frequently Asked Questions How has Mercadolibre's stock been impacted by COVID-19? Mercadolibre's stock was trading at $550.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MELI shares have increased by 99.7% and is now trading at $1,100.01. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Mercadolibre? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercadolibre in the last year. There are currently 4 hold ratings and 15 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) announced its earnings results on Monday, August, 10th. The company reported $1.11 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.10 by $1.01. The firm had revenue of $878.40 million for the quarter, compared to analyst estimates of $749.21 million. Mercadolibre had a negative net margin of 8.28% and a negative return on equity of 5.29%. The company's quarterly revenue was up 61.1% compared to the same quarter last year. During the same period last year, the firm posted $0.31 earnings per share. View Mercadolibre's earnings history. What price target have analysts set for MELI? 19 equities research analysts have issued 1-year target prices for Mercadolibre's stock. Their forecasts range from $548.00 to $1,484.00. On average, they anticipate Mercadolibre's stock price to reach $970.61 in the next twelve months. This suggests that the stock has a possible downside of 11.8%. View analysts' price targets for Mercadolibre. Has Mercadolibre been receiving favorable news coverage? Headlines about MELI stock have been trending negative on Wednesday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mercadolibre earned a media sentiment score of -2.2 on InfoTrie's scale. They also gave news articles 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 stock's share price in the next few days. View the latest news about Mercadolibre. Are investors shorting Mercadolibre? Mercadolibre saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,850,000 shares, an increase of 28.5% from the December 31st total of 1,440,000 shares. Based on an average trading volume of 488,300 shares, the days-to-cover ratio is presently 3.8 days. Currently, 4.1% of the company's stock are short sold. View Mercadolibre's Short Interest. Who are some of Mercadolibre's key competitors? Some companies that are related to Mercadolibre include Accenture (ACN), Pinduoduo (PDD), Fidelity National Information Servcs (FIS), NetEase (NTES), Global Payments (GPN), eBay (EBAY), CoStar Group (CSGP), Msci (MSCI), FleetCor Technologies (FLT), Akamai Technologies (AKAM), Zillow Group (Z), Trip.com Group (TCOM), Zillow Group (ZG), Ctrip.Com International (CTRP) and Broadridge Financial Solutions (BR). View all 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), Alibaba Group (BABA), Shopify (SHOP), Netflix (NFLX), Tesla (TSLA), Trade Desk (TTD), Intuitive Surgical (ISRG), Square (SQ), Paypal (PYPL) and salesforce.com (CRM). 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 institutional and retail investors. Top institutional investors include Mint Tower Capital Management B.V. (25.15%), Jennison Associates LLC (1.82%), Sumitomo Mitsui Trust Holdings Inc. (0.83%), William Blair Investment Management LLC (0.70%), Fisher Asset Management LLC (0.45%) and Swiss National Bank (0.36%). Company insiders that own Mercadolibre stock include 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 Viking Global Investors LP, Verde Servicos Internacionais S.A., Banco Santander S.A., Wasatch Advisors Inc., Ardevora Asset Management LLP, Coronation Fund Managers Ltd., Jackson Square Partners LLC, and Sumitomo Mitsui Trust Holdings Inc.. View insider buying and selling activity for Mercadolibre. Which major investors are buying Mercadolibre stock? MELI stock was acquired by a variety of institutional investors in the last quarter, including Mint Tower Capital Management B.V., Jennison Associates LLC, William Blair Investment Management LLC, Heritage Wealth Advisors, Assenagon Asset Management S.A., Principal Financial Group Inc., Robeco Institutional Asset Management B.V., and Healthcare of Ontario Pension Plan Trust Fund. 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 $1,100.01. How big of a company is Mercadolibre? Mercadolibre has a market capitalization of $54.68 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 8/12/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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