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.

MELI was given price targets by several analysts. The most optimistic analyst gave a price target of 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. That number becomes -1.59 percent if we expand the time horizon to include the past 3 months instead of just one. 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 have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

The growth rate of MELI's earnings is estimated by analysts to be 32.15 percent. People on Wall Street often look at a company's 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. 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. 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. Currently the stock is 94.25 percent higher than its 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 will post this quarters earnings in days, on 0000-00-00.