How to buy shares in MercadoLibre
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. ...
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. ...
- Search for MercadoLibre. Find the share by name or ticker symbol: MELI. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MercadoLibre reaches your desired price. ...
- Decide on how many to buy. At last close price of US$1325.42, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. ...
- Check in on your investment. Congratulations, you own a part of MercadoLibre. ...
Full Answer
Should you Buy MercadoLibre stock?
· MercadoLibre’s Q1 numbers easily beat analysts’ expectations. The company is growing much faster than most large-cap e-commerce companies, and its margins are improving. The stock is still ...
Who holds MercadoLibre stock?
· Not only that, but MercadoLibre (Nasdaq: MELI) is building alongside one of the fastest-growing economies in Latin America. Recent estimates point to 6.5% GDP growth this year for Latin America, with the momentum continuing going forward. With that said, MercadoLibre stock is down 30% this year compared to the S&P 500, which is up 26%.
How much of MercadoLibre's stock is shorted?
· 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MercadoLibre stock. View analyst ratings for MercadoLibre or view top-rated stocks.
How does MercadoLibre make money?
· The Latin American e-commerce leader posts another impressive report. MercadoLibre 's ( MELI -2.63% ) stock price rose 5% on Nov. 5 after the Latin American e-commerce giant posted its third ...
See more
· The Motley Fool owns shares of and recommends Amazon, MercadoLibre, Shopify, and Square. The Motley Fool recommends the following options: long January 2022 $1920.0 calls on Amazon and short ...
How do I get MercadoLibre?
How to buy shares in MercadoLibreCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
What ETF has MercadoLibre?
MercadoLibre, Inc. is a company in the U.S. stock market and it is a holding in 110 U.S.-traded ETFs. MELI has around 1.5M shares in the U.S. ETF market. The largest ETF holder of MELI is the Invesco QQQ Trust (QQQ), with approximately 722.16K shares.
Is MercadoLibre a good stock?
MercadoLibre's Q1 numbers easily beat analysts' expectations. The company is growing much faster than most large-cap e-commerce companies, and its margins are improving. The stock is still very cheap relative to its growth prospects.
Is MercadoLibre a public company?
In August 2007, Mercado Libre became the first Latin American technology company to be listed on the NASDAQ, under the ticker MELI.
Does Ark own Meli?
ARK Investment Management LLC reports 3.79% increase in ownership of MELI / Mercadolibre Inc. 2022-01-28 - ARK Investment Management LLC has filed a 13F-HR form disclosing ownership of 98,314 shares of Mercadolibre Inc (US:MELI) with total holdings valued at $132,567,000 USD as of 2021-12-31.
Is MercadoLibre profitable?
MELI Revenue and Net Income The company had a stellar year in FY2021 despite the global supply chain issues, by reporting revenues of $7.06B with YoY growth of 77.9%. MELI also improved its gross profit margins to 40% in FQ4'21, compared to 36.8% in FQ4'20.
Who owns MercadoLibre?
Marcos GalperinMarcos Galperin is founder and CEO of e-commerce platform MercadoLibre, the eBay of Latin America. MercadoLibre, which operates in 18 Latin American countries and Portugal, went public in 2007 on the Nasdaq.
Is MercadoLibre stock a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.97%2Buy18.45%3Hold10.03%4Sell5.70%2 more rows
Does eBay own MercadoLibre?
Against this backdrop, eBay has decided to sell the majority of its stake in MercadoLibre, Inc., an online commerce platform in Latin America. The sale will enable us to realize a significant gain on our investment, and we intend to use the net proceeds in a manner consistent with our capital allocation strategy.
Why is MercadoLibre stock going down?
MercadoLibre stock is down almost 45% from its highs of the year, due mostly to unfavorable market conditions for growth stocks. MercadoLibre is delivering vigorous revenue growth with expanding profit margins. MercadoLibre's long-term growth potential is intact.
What does MercadoLibre sell?
MercadoLibre offers various main options, including vehicles, real estate, services, and other products. After you have successfully identified the main category, you need to choose a subcategory for your products. Try to be as specific about it as you can so that buyers would be able to easily find your product.
Why is MercadoLibre a buy?
MercadoLibre's growth rates are accelerating again Its total number of unique active users increased 11% to 82.2 million. All three of those growth rates accelerated from the previous quarter, which finally ended its three straight quarters of decelerating growth.
Is MELI a buy or sell?
Out of 9 analysts, 5 (55.56%) are recommending MELI as a Strong Buy, 3 (33.33%) are recommending MELI as a Buy, 1 (11.11%) are recommending MELI as a Hold, 0 (0%) are recommending MELI as a Sell, and 0 (0%) are recommending MELI as a Strong Sell.
Is Se stock a buy?
SE has an analyst rating of 4.46 [Buy], surprisingly lower than the beleaguered Alibaba Group (BABA), but higher than the other international e-commerce players. The average price target at $200.10 offers plenty of upside for SE which closed at $116.12 on March 27, 2022.
Is MercadoLibre a buy right now?
12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last twelve months. There are curre...
How has MercadoLibre's stock price been impacted by COVID-19?
MercadoLibre's stock was trading at $550.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. S...
Are investors shorting MercadoLibre?
MercadoLibre saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,850,000 shares...
When is MercadoLibre's next earnings date?
MercadoLibre is scheduled to release its next quarterly earnings announcement on Wednesday, May 4th 2022. View our earnings forecast for MercadoLi...
How were MercadoLibre's earnings last quarter?
MercadoLibre, Inc. (NASDAQ:MELI) issued its earnings results on Tuesday, February, 22nd. The company reported ($0.92) earnings per share (EPS) for...
What price target have analysts set for MELI?
12 brokers have issued twelve-month price targets for MercadoLibre's shares. Their forecasts range from $1,250.00 to $2,250.00. On average, they ex...
Who are MercadoLibre's key executives?
MercadoLibre's management team includes the following people: Marcos Eduardo Galperin , Chairman, President & Chief Executive Officer Daniel Rabi...
What is Marcos Galperín's approval rating as MercadoLibre's CEO?
362 employees have rated MercadoLibre CEO Marcos Galperín on Glassdoor.com . Marcos Galperín has an approval rating of 96% among MercadoLibre's em...
Who are some of MercadoLibre's key competitors?
Some companies that are related to MercadoLibre include PayPal (PYPL) , Fiserv (FISV) , Uber Technologies (UBER) , Fidelity National Informatio...
Is MercadoLibre a buy right now?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MercadoLibre stock.#N#View analyst ratings for MercadoLibre or view top-rated stocks.
What stocks does MarketBeat like better than MercadoLibre?
Wall Street analysts have given MercadoLibre a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MercadoLibre wasn't one of them.
When is MercadoLibre's next earnings date?
MercadoLibre is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.#N#View our earnings forecast for MercadoLibre.
How were MercadoLibre's earnings last quarter?
MercadoLibre, Inc. (NASDAQ:MELI) posted its quarterly earnings results on Wednesday, August, 4th. The company reported $1.37 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.09 by $1.28. The firm earned $1.70 billion during the quarter, compared to analysts' expectations of $1.48 billion.
How has MercadoLibre's stock price been impacted by COVID-19?
MercadoLibre's stock was trading at $550.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MELI shares have increased by 235.5% and is now trading at $1,847.41.#N#View which stocks have been most impacted by COVID-19.
What price target have analysts set for MELI?
16 Wall Street analysts have issued 12 month price targets for MercadoLibre's stock. Their forecasts range from $1,450.00 to $2,250.00. On average, they anticipate MercadoLibre's stock price to reach $1,901.88 in the next twelve months.
What is Marcos Galperín's approval rating as MercadoLibre's CEO?
362 employees have rated MercadoLibre CEO Marcos Galperín on Glassdoor.com. Marcos Galperín has an approval rating of 96% among MercadoLibre's employees. This puts Marcos Galperín in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What is a mercadolibre?
MercadoLibre is the largest fintech platform and the leading e-commerce marketplace in Latin America. To put numbers behind that words, 5.8 billion people visited MercadoLibre's marketplace in 2020, while the next-closest competitor -- which happens to be Amazon -- drew 2.7 billion visitors in those competing markets.
Who is John Mackey?
John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.
Where is Trevor from?
This Latin American e-commerce and fintech giant has a massive market opportunity. Trevor primarily covers tech and financials, with a particular interest in artificial intelligence, blockchain, and other innovative technologies. He grew up in Ohio and later moved to the Pacific coast.
Latin America's top e-commerce company is still firing on all cylinders
Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. Follow him on Twitter for more updates!
How fast is MercadoLibre growing?
A look back at MercadoLibre's year-over-year growth in gross merchandise volume (GMV), total payment volume (TPV), unique active users, and total revenue in local currency terms over the past year reveals just how much its growth accelerated throughout the pandemic.
How is MercadoLibre widening its moat?
MercadoLibre's main defense against overseas challengers like Amazon ( NASDAQ:AMZN) and Sea Limited 's ( NYSE:SE) Shopee is its self-managed Mercado Envios logistics network, which allows it to ship products across challenging terrains and underdeveloped regions.
What are the biggest threats to MercadoLibre?
The biggest threat to MercadoLibre is the rampant inflation across Latin America, which throttles its year-over-year growth in USD terms. For example, MercadoLibre's revenue rose 127% on a constant currency basis in 2020, but only increased 73% on a reported basis in USD terms.
Why it isn't too late to buy MercadoLibre
I don't think it's too late to buy MercadoLibre. Brazil, MercadoLibre's largest market, still only has an e-commerce penetration rate of 12.5%, according to data from Fidelity International, BTG Pactual Research, and Euromonitor -- compared to penetration rates of 27.3% in China and 20.3% in the U.S.
MercadoLibre showed its strength in its recent quarterly earnings, and there could still be upside ahead for investors
Justin loves covering stocks across all industries, but his heart is in high-growth technology. He's been a student of the market for more than a decade. Stocks are his second love to his wife and kids, which is how he spends his free time.
1. Strong momentum in e-commerce and payments
MercadoLibre posted 2021 second-quarter revenue of $1.7 billion and earnings per share of $1.37, beating analyst expectations by 15% and 637%, respectively. Revenue grew 102% year over year (not factoring in currency exchange rates), which is impressive considering that the company was coming off of strong growth in 2020 due to the COVID pandemic.
2. A tremendous runway ahead
To see the long-term opportunities in MercadoLibre, investors need to understand just how much room there still is for the internet to penetrate Latin America. The pandemic pushed e-commerce sales to $100 billion for the first time in 2020, but e-commerce still represents just 5% of total retail activity throughout the region.
3. The stock is still attractively valued
The pandemic has accelerated the growth of many digital companies like MercadoLibre, and stock valuations have generally increased as a result. However, MercadoLibre has been a bit of an exception.
Why MercadoLibre has a ton of potential
MercadoLibre is wired into the growth of the digital economy of Latin America. Its marketplace and Mercado Pago payments network are central to digital commerce for consumers, and the region is still in the early chapters of this growth story.
What is mercadolibre?
MercadoLibre (NASDAQ: MELI) operates the leading online marketplace and fintech platform in Latin America. Its business has already benefited significantly from digitization, as consumers have shifted away from cash and traditional retail.
Who bought Elo7?
Etsy (NASDAQ: ETSY) just agreed to buy Elo7, a Brazilian marketplace for handmade items, for $217 million in cash. Etsy CEO Josh Silverman, who called Elo7 the "Etsy of Brazil", predicted the deal would help the online retailer "establish a foothold" in Latin America -- "an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base." Elo7 connects approximately 1.9 million active buyers to 56,000 active sellers.
Who is Aleph Group?
The largest Latin American e-commerce and fintech player, MercadoLibre (NASDAQ: MELI), agrees to join Aleph Group ("Aleph") as a shareholder, signaling the growth potential in the global digital advertising industry. Aleph operates in Latin America through IMS Internet Media Services.
