Matt Frankel: Why is MercadoLibre down? The easy answer would be because most high-momentum tech-focus stocks have really taken a beating lately.
What happened to MercadoLibre stock?
Jan 11, 2022 · Shares of MercadoLibre ( MELI 0.92% ) were down 5.8% as of 12:15 p.m. ET. Latin America's e-commerce and financial technology leader was being dragged down along with other growth stocks following...
Should you Buy MercadoLibre stock?
Apr 09, 2021 · The reason is because in the second and third quarter, it was even better. This was a deceleration. Off-platform payment volume almost tripled in …
Is MercadoLibre efficiently growing its dividend?
Mar 02, 2021 · Shares were down by more than 4% at 3:15 p.m. EST and had been down by more than 5% earlier Why Is MercadoLibre Falling After Earnings? | Nasdaq Skip to main content Market Activity CLOSE Market...
What is MercadoLibre?
Oct 06, 2021 · Why MercadoLibre's Stock Declined 10.1% in September. ... The SPAC has narrowed down its list of acquisition targets to 30 companies after considering more than 200 businesses. Pedro Arnt ...
Is MercadoLibre 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
Is MELI a buy or sell?
MercadoLibre has received a consensus rating of Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.
Why is Sea Limited dropping?
The unit's bookings are expected to fall, for the first time, between $2.9 and $3.1 billion, compared to the $4.6 billion it earned in 2021. The reason given for the drop was “moderation in online activities and fluctuations in user engagement” as countries open up their economies.Mar 2, 2022
Is MercadoLibre a buy sell or hold?
Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
Is mercadolibre overvalued?
Valuation Metrics This stock is significantly overvalued. Mercado's price-to-sales ratio is 655.8% higher than its sector average, and its price-to-cash flow ratio is 840.6% higher than its sector average.Dec 8, 2021
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 Limited bounce back?
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 Limited profitable?
Summary. Sea Limited is a technology conglomerate consisting of digital entertainment, e-commerce, and digital financial services. The company is still not profitable, but can report extremely impressive growth rates in the last few quarters.Feb 28, 2022
Is teladoc a buy Zacks?
Zacks' proprietary data indicates that Teladoc Health, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the TDOC shares relative to the market in the next few months.
Is Amazon a buy hold or sell?
11, 15 rated it a “strong buy,” 28 rated it a “buy,” three rated it a “hold” and one gave it a rating of “underperform.” None of the analysts recommended selling it. This gives Amazon stock an average rating of 1.7 on a scale of 1 (strong buy) to 5 (sell).Feb 15, 2022
What is the target price for Baba stock?
Stock Price TargetsHigh$1,755.14Median$1,035.79Low$476.94Average$1,028.29Current Price$85.99
Where is Matt from Motley Fool?
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?
John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.
3 Red-Hot Tech Stocks to Buy Right Now
Given the stock's runaway growth, it would be easy to assume that the greatest gains have already been made, but evidence suggests that the best may be yet to come for Nvidia. The company still gets the lion's share of its sales from its industry-leading graphics processing units, which are the top choice of diehard gamers everywhere.
3 Top E-Commerce Stocks to Buy Right Now
You can't discuss e-commerce without mentioning Amazon (NASDAQ: AMZN), as the company essentially created e-commerce in the United States. Amazon took advantage of less-than-forward-thinking retail CEOs that conceded the space for decades, giving Amazon a long runway to perfect its product.
3 Brilliant Growth Stocks to Buy in September
Here are three brilliant growth stocks to buy in September. Others have dubbed it the "eBay of Latin America." The truth is that MercadoLibre is both similar to and different from both e-commerce giants.
Look Out MercadoLibre and Amazon: Sea Limited Is Entering New Markets
Sea Limited is rolling out Shopee to a slew of international markets, where it will run into stiff competition.
IBD 50 Growth Stocks To Watch: An Argentine Tech Stock With A Brazilian Accent
IBD Growth Stock To Watch Mercado Libre is in a buy range, and is looking at some big annual earnings estimates.
3 Growth Stocks to Buy That Could Be Massive Long-Term Winners
The very best investment opportunities are often rooted in market-based evolutions in addition to savvy leadership.
3 No-Brainer Stocks to Buy and Hold for the Next Decade
With that in mind, a panel of Motley Fool contributors has identified three no-brainer stocks that can help you crush the market. Keith Noonan: Amazon (NASDAQ: AMZN) stock wasn't exactly a secret 10 years ago; the company had already established itself as the market leader in the fast-growing e-commerce industry.
The Latin American e-commerce specialist reported second-quarter earnings
Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
What happened
Shares of MercadoLibre ( NASDAQ:MELI) have plunged today, down by 8% as of 12:20 p.m. EDT, after the company reported second-quarter earnings. The results topped expectations, but investors may have been pricing in an even stronger performance following the stock's recent rally to all-time highs.
So what
Revenue in the second quarter soared by 61% to $878.4 million, crushing the consensus estimate of $749.2 million in sales. That translated into net income of $55.9 million, or $1.11 per share. Analysts were expecting the Latin American e-commerce technology company to report a net loss per share of $0.05.
Now what
"The pandemic generated significant changes in consumer behavior, which translated into a new milestone in the penetration of e-commerce and online payments in the region," CFO Pedro Arnt said in a statement.
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.
