A share price of MercadoLibre Inc [MELI] is currently trading at $2223.35, down -1.62%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MELI shares have gain 5.37% over the last week, with a monthly amount glided 21.58%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
MercadoLibre Inc [NASDAQ: MELI] stock has seen the most recent analyst activity on January 30, 2025, when New Street upgraded its rating to a Buy and also boosted its price target to $2300 from $2000. Previously, Raymond James upgraded its rating to Strong Buy on January 21, 2025, and kept the price target unchanged to $2250. On October 11, 2024, Redburn Atlantic initiated with a Buy rating and assigned a price target of $2800 on the stock. JP Morgan downgraded its rating to a Neutral but stick to its price target of $2400 on October 02, 2024. Raymond James initiated its recommendation with a Outperform and recommended $2350 as its price target on September 27, 2024. Cantor Fitzgerald started tracking with a Overweight rating for this stock on September 05, 2024, and assigned it a price target of $2530. In a note dated May 24, 2024, New Street downgraded an Neutral rating on this stock.
MercadoLibre Inc experienced fluctuations in its stock price throughout the past year between $1324.99 and $2374.54. Currently, Wall Street analysts expect the stock to reach $2455 within the next 12 months. MercadoLibre Inc [NASDAQ: MELI] shares were valued at $2223.35 at the most recent close of the market. An investor can expect a potential return of 10.42% based on the average MELI price forecast.
Analyzing the MELI fundamentals
Trailing Twelve Months sales for MercadoLibre Inc [NASDAQ:MELI] were 20.78B which represents 42.20% growth. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.41 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.58.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2,180.06 points at the first support level, and at 2,136.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 2,292.70, and for the 2nd resistance point, it is at 2,362.05.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MercadoLibre Inc [NASDAQ:MELI] is 1.21. As well, the Quick Ratio is 1.19, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 5.43, the price to book ratio is 25.91 and price to earnings (TTM) ratio is 58.98.
Transactions by insiders
Recent insider trading involved Calemzuk Emiliano, Director, that happened on Nov 29 ’24 when 50.0 shares were sold. Director, Calemzuk Emiliano completed a deal on Nov 27 ’24 to buy 50.0 shares. Meanwhile, 7.2% stockholder Meliga No.1 Limited Partnershi bought 100000.0 shares on Aug 13 ’24.
