Analyst Ratings for MercadoLibre Inc. (MELI)

Updated: 2017-07-29

An average rating of Overweight has been given to MercadoLibre Inc. (NASDAQ:MELI) by analysts covering the stock. MELI had previously received a consensus rating of Overweight a month ago.

5 analysts declared MELI a buy, 0 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Today, there are 4 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for MELI. The maximum price target given was 330, implying potential capital gains of 14.24 percent. The minimum price target given was 154, implying a possible loss of -46.69 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -10.01 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.59 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -2.31 percent. If we look at the last 90 days instead, we find a net average change of 4.87 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of MELI to grow at a rate of 32.15 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of MELI is 2.57.

MELI has traded between a high of 297.95 and a low of 148.71 over the past year. Today's price is 94.25 percent above the 52-week low, and 3.05 percent below the high. MELI has a P/E ratio of 82.53. Investors typically compare the P/E ratio to a company's peers in the industry. The MELI value stock report compares MELI to some of its peers using value stock charts. The market cap of MELI is $12.66 billion. MELI's next earnings release will be on 0000-00-00, which is days away.