How to buy MercadoLibre stock (MELI)

MercadoLibre is an internet retail business based in the US. MercadoLibre shares (MELI) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $2,056.09 – a decrease of 0.57% over the previous week. MercadoLibre employs 58,313 staff and has a trailing 12-month revenue of around $17.1 billion.

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MercadoLibre stock price (NASDAQ: MELI)

Use our graph to track the performance of MELI stocks over time.

MercadoLibre shares at a glance

• Key figures

Information last updated 2024-10-25.

Latest market close	$2,056.09
52-week range	$1,205.80 - $2,161.73
50-day moving average more info button	$2,044.39
200-day moving average more info button	$1,736.12
Wall St. target price	$2,364.11
PE ratio more info button	74.7068
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$27.52

Is it a good time to buy MercadoLibre stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

MercadoLibre price performance over time

Historical closes compared with the close of $2047.35 from 2024-10-25

1 week (2024-10-22)	-0.99%
1 month (2024-09-27)	-0.84%
3 months (2024-07-29)	26.27%
6 months (2024-04-29)	42.34%

1 year (2023-10-27)	70.55%
2 years (2022-10-28)	132.19%
3 years (2021-10-25)	N/A
5 years (2019-10-29)	277.73%

Is MercadoLibre stock undervalued or overvalued?

Valuing MercadoLibre stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MercadoLibre's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MercadoLibre's P/E ratio

MercadoLibre's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 75x. In other words, MercadoLibre shares trade at around 75x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

MercadoLibre's PEG ratio

MercadoLibre's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4246. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MercadoLibre's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

MercadoLibre's EBITDA

MercadoLibre's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.9 billion.

The EBITDA is a measure of a MercadoLibre's overall financial performance and is widely used to measure a its profitability.

MercadoLibre financials

Revenue TTM	$17.1 billion
Operating margin TTM	14.31%
Gross profit TTM	$6 billion
Return on assets TTM	8.3%
Return on equity TTM	47.36%
Profit margin	8.18%
Book value	$72.11
Market Capitalization more info button	$104.2 billion

TTM: trailing 12 months

MercadoLibre share dividends

We're not expecting MercadoLibre to pay a dividend over the next 12 months.

MercadoLibre share price volatility

Over the last 12 months, MercadoLibre's shares have ranged in value from as little as $1205.795 up to $2161.73. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while MercadoLibre's is 1.606. This would suggest that MercadoLibre's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

MercadoLibre overview

MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay. .

Frequently asked questions

What percentage of MercadoLibre is owned by insiders or institutions?
Currently 7.297% of MercadoLibre shares are held by insiders and 85.037% by institutions. How many people work for MercadoLibre?
Latest data suggests 58,313 work at MercadoLibre. When does the fiscal year end for MercadoLibre?
MercadoLibre's fiscal year ends in December. Where is MercadoLibre based?
MercadoLibre's address is: WTC Free Zone, Montevideo, Uruguay, 11300 What is MercadoLibre's ISIN number?
MercadoLibre's international securities identification number is: US58733R1023 What is MercadoLibre's CUSIP number?
MercadoLibre's Committee on Uniform Securities Identification Procedures number is: 58733R102