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.

Investment analysts gave a few price targets for MELI. The highest price target was 330, implying potential capital gains of 14.24 percent. The most pessimistic analyst gave a price target of 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -10.01 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.59 percent. Meanwhile, fiscal year estimates have been revised downwards by -2.31 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, while 3 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. MELI has a PEG ratio of 2.57.

MELI has traded between a high of 297.95 and a low of 148.71 over the past year. Currently the stock is 94.25 percent higher than its low, and below the high by 3.05 percent. 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 market cap of MELI is $12.66 billion. MELI will post this quarters earnings in days, on 0000-00-00.