Is meli stock going up or down?
While most companies saw their share prices drop because of underwhelming guidance or decreasing margins, it is unclear why MercadoLibre has fallen. In …
What happened to MercadoLibre stock?
Dec 06, 2021 · What happened Shares of Latin American e-commerce and fintech leader MercadoLibre ( MELI -1.24% ) declined 19.8% in November, according to data from S&P Global Market Intelligence. While...
Is MercadoLibre efficiently growing its dividend?
Oct 06, 2021 · Why MercadoLibre's Stock Declined 10.1% in September By Royston Yang - Oct 6, 2021 at 8:55AM Key Points Fiscal 2021's second-quarter financial and operating metrics were healthy. The rise in...
What is MercadoLibre's (Meli) Q4 Earnings Report?
Apr 03, 2022 · MercadoLibre's stock was trading at $550.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MELI stock has increased by 106.3% and is now trading at $1,135.92. View which stocks have been most impacted by COVID-19.
Why MELI stock down?
MercadoLibre operates online marketplaces dedicated to e-commerce and online auctions in Latin America, and saw its stock fall after Jefferies downgraded it due to the high macro uncertainty in Brazil which is its largest revenue base (55% to 60%). Now, is MELI stock poised to grow?Jan 21, 2022
Is MELI a good stock to buy?
MercadoLibre has been a fantastic stock to own, having gained more than 500% over the past five years and easily beating the market on a long-term basis. MELI data by YCharts. At this price, and with its opportunities, MercadoLibre looks like a great buy for 2022.Jan 8, 2022
Why is Sea Limited dropping?
Since then, however, Sea's shares have dropped 65.5% due to a confluence of factors—Tencent reduced its stake, the company faced operational uncertainty in India and its net loss widened. In the fourth quarter of 2021, Sea reported a net loss of more than $616 million, up from $525 million from a year ago.Mar 2, 2022
Why MercadoLibre is falling?
The credit portfolio was already up a large 296% over the prior year. That could be the reason for the recent capital raise, and also a cause for concern. Inflation is a problem in many countries, but especially in Brazil and Latin America, which caused a decline in MercadoLibre's stock last month as well.Dec 6, 2021
Is MELI a good long term investment?
Macro conditions and the competitive environment are relevant factors to watch, but MELI stock is cheap enough to compensate for these risks. The long-term potential in MELI stock is exceptionally attractive at current levels.Jan 18, 2022
Is MELI overvalued?
(MELI), which look highly overvalued at their current price levels considering their weak fundamentals and growth prospects, are best avoided.
Will Sea Ltd recover?
It indicated the stock could fall to an average price of $63.132 per share on 29 March 2022. However, this service expected that the price of Sea Limited stock could rebound and reach $146.76 by the end of 2022, $199.06 by the end of 2023, and $251.77 by the end of 2024.Mar 16, 2022
Is Sea Limited a Chinese company?
While Sea is based in Singapore, its founders are Chinese-born. The company is also backed by the Chinese technology and entertainment firm Tencent.Feb 14, 2022
Is Sea Chinese stock?
However, in Sea Limited (NYSE:SE), we have a stock that still offers all of the attractive growth of Asia, more specifically Southeast Asia, and has a much more limited regulatory risk than Chinese stocks.Sep 22, 2021
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...
What happened
So what
Shares of Latin American e-commerce and fintech leader MercadoLibre ( MELI 12.28% ) declined 19.8% in November, according to data from S&P Global Market Intelligence. While MercadoLibre reported third-quarter earnings during the month, that doesn't seem to be the culprit behind the fall, as the stock rose immediately after reporting.
NASDAQ: MELI
In early November, MercadoLibre reported earnings that showed strong growth. Revenue was up 66.5% in U.S. dollars, and earnings per share came in at $1.92, up 586% over the prior year, although that was off a tiny base. While revenue growth came in just shy of expectations, the bottom line beat expectations handily, and the stock rose on the news.
Now what
However, it fell shortly thereafter, following news that MercadoLibre would be selling 1 million shares at a price of $1,550, for a total raise of $1.55 billion.
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A final flush came later in the month as growth stocks became pressured amid the prospect of higher interest rates. Higher rates mean future earnings are discounted more, and MercadoLibre, though profitable, still makes very low profit margins today as it invests in its logistics footprint and expands its product set.
NASDAQ: MELI
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What happened
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So what
Shares of MercadoLibre ( MELI -8.21% ) dropped 10.1% in September, according to data provided by S&P Global Market Intelligence.
Now what
The decline is probably not attributable to the company's financial performance. After all, the company had just reported a sterling set of earnings for its fiscal 2021 second quarter. As a recap, net revenue surged by close to 94% year over year to hit $1.7 billion, while net income increased by 22% year over year to $68.2 million.
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MercadoLibre is pushing on with its recent special purpose acquisition company listing with venture capital firm Kaszek. The SPAC has narrowed down its list of acquisition targets to 30 companies after considering more than 200 businesses.
About MercadoLibre
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MercadoLibre (NASDAQ:MELI) Frequently Asked Questions
MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, Venezuela, and Other Countries.
Where is Matt from Motley Fool?
13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last year. There are currently 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MercadoLibre stock. View analyst ratings for MercadoLibre or view top-rated stocks.
Did MercadoLibre take a dive?
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work!
Who is John Mackey?
But MercadoLibre actually took a dive after its earnings report on the day of its earnings. That I know because I wrote a little earnings reaction to it. It was down by about 5% right after earnings.
Key Points
John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.
NASDAQ: AMZN
Credit Suisse warned that Amazon's higher spending on wages will cut into its profits.
What happened
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So what
Shares of online retail stocks were taking a beating in Friday trading, with Shopify ( SHOP -0.47% ) stock falling by 5.2% through 2:37 p.m. EDT, MercadoLibre ( MELI -8.21% ) down by 4.5%, and e-commerce leader Amazon.com ( AMZN -1.33% ) off by 2.3%.
Now what
StreetInsider.com has the news. As it reported Friday morning, analyst Stephen Ju at Swiss mega-bank Credit Suisse cut his price target on Amazon shares by more than 10% to $4,200, based on his estimate that Amazon will earn only $70.98 per share this year and $79.83 per share next year.
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That may explain why Amazon stock fell Friday -- but why were Shopify and MercadoLibre getting hit even harder?
The e-commerce and fintech company declined despite reporting triple-digit revenue growth
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What happened
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work! Follow @TMFMathGuy
So what
The stock market was hovering near flat for much of the day on Tuesday, but Latin American e-commerce and fintech company MercadoLibre ( NASDAQ:MELI) was a big underperformer. Shares were down by more than 4% at 3:15 p.m. EST and had been down by more than 5% earlier in the session.
Now what
The short explanation for today's move is that MercadoLibre reported its fourth-quarter earnings on Monday after the market's close, and investors don't seem too thrilled with the results.
What is mercadolibre?
MercadoLibre's stock price is up by 165% over the past year, even after today's decline. While the earnings report was definitely strong, it wasn't exactly breathtaking compared to the company's past few quarters. While the long-term growth story remains intact, it's not completely surprising to see the stock cool off a bit today.
Who owns Aleph Group?
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.
Is Mercado a growth stock?
Latin American e-commerce and fintech company Mercadolibre Inc (NASDAQ: MELI) has agreed to acquire a million stake in the digital media company Aleph Group. CVC Capital Partners Fund VIII recently acquired a minority stake in Aleph for $470 million valuing the company at $2 billion.
Who bought Elo7?
MercadoLibre was a growth stock before COVID-19, but the pandemic has accelerated Latin America's migration to online shopping. Revenue has skyrocketed into triple-digit percentage territory over the last 12-month stretch, notching a 111% year-over-year gain in Q1 2021 (or up 158% when excluding the effects of currency conversion) to $1.4 billion.
