As of close of business last night, MercadoLibre Inc’s stock clocked out at $1525.59, down -0.11% from its previous closing price of $1527.29. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 672429 shares were traded.
Ratios:
To gain a deeper understanding of MELI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 2.09 whereas as Long-Term Debt/Eq ratio is at 0.94.
On September 01, 2023, New Street Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $1400 to $1650.
On August 22, 2023, Wedbush started tracking the stock assigning a Outperform rating and target price of $1500.Wedbush initiated its Outperform rating on August 22, 2023, with a $1500 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 08 ’23 when de la Serna Juan Martin sold 150 shares for $1250.00 per share. The transaction valued at 187,500 led to the insider holds 200 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MELI now has a Market Capitalization of 77.35B and an Enterprise Value of 78.93B. As of this moment, MercadoLibre’s Price-to-Earnings (P/E) ratio for their current fiscal year is 78.44, and their Forward P/E ratio for the next fiscal year is 31.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.34 while its Price-to-Book (P/B) ratio in mrq is 25.19. Its current Enterprise Value per Revenue stands at 5.45 whereas that against EBITDA is 32.15.
Stock Price History:
Over the past 52 weeks, MELI has reached a high of $1825.00, while it has fallen to a 52-week low of $1063.02. The 50-Day Moving Average of the stock is 1,665.33, while the 200-Day Moving Average is calculated to be 1,401.44.
Shares Statistics:
It appears that MELI traded 384.05K shares on average per day over the past three months and 626.14k shares per day over the past ten days. A total of 50.70M shares are outstanding, with a floating share count of 45.26M. Insiders hold about 10.73% of the company’s shares, while institutions hold 84.03% stake in the company. Shares short for MELI as of Feb 15, 2024 were 587.52k with a Short Ratio of 1.53, compared to 760.68k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.16% and a Short% of Float of 1.44%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.34.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $6.81 for the current quarter, with a high estimate of $8.69 and a low estimate of $5.32, while EPS last year was $3.97. The consensus estimate for the next quarter is $8.88, with high estimates of $10.95 and low estimates of $6.91.
Analysts are recommending an EPS of between $40.16 and $24.17 for the fiscal current year, implying an average EPS of $34.76. EPS for the following year is $47.63, with 9 analysts recommending between $57 and $30.87.
Revenue Estimates
In the current quarter, 8 analysts expect revenue to total $3.92B. It ranges from a high estimate of $4.19B to a low estimate of $3.71B. As of the current estimate, MercadoLibre Inc’s year-ago sales were $2.87B, an estimated increase of 36.80% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $4.28B, an increase of 25.40% less than the figure of $36.80% in the same quarter last year. There is a high estimate of $4.51B for the next quarter, whereas the lowest estimate is $3.99B.
A total of 14 analysts have provided revenue estimates for MELI’s current fiscal year. The highest revenue estimate was $19.01B, while the lowest revenue estimate was $16.25B, resulting in an average revenue estimate of $17.71B. In the same quarter a year ago, actual revenue was $14.47B, up 22.40% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $21.64B in the next fiscal year. The high estimate is $23.56B and the low estimate is $18.88B. The average revenue growth estimate for next year is up 22.20% from the average revenue estimate for this year.
