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 most optimistic analyst gave a price target of 330, implying potential capital gains of 14.24 percent. The lowest price target was 154, implying potential capital losses of -46.69 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -10.01 percent. That number becomes -1.59 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -2.31 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.87 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 3 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of MELI's earnings is estimated by analysts to be 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, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. MELI has a PEG ratio of 2.57.

MELI has a 52-week high of 297.95 and a 52-week low of 148.71. Today's price is 94.25 percent above the 52-week low, and 3.05 percent below the high. MELI has a price/earnings 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 stock has a market capitalization of $12.66 billion. MELI's next earnings release will be on 0000-00-00, which is days away.