MercadoLibre, Inc. (MELI) Analysts See $0.01 EPS

September 30, 2018 - By Palma Niemeyer

MercadoLibre, Inc. (NASDAQ:MELI) LogoInvestors sentiment increased to 1.13 in 2018 Q2. Its up 0.14, from 0.99 in 2018Q1. It increased, as 49 investors sold MercadoLibre, Inc. shares while 87 reduced holdings. 47 funds opened positions while 106 raised stakes. 40.21 million shares or 9.37% more from 36.77 million shares in 2018Q1 were reported.
Regions Fincl Corporation accumulated 19 shares. Tiaa Cref Investment Llc reported 824 shares. Moreover, Brinker Capital has 0.05% invested in MercadoLibre, Inc. (NASDAQ:MELI) for 3,984 shares. Generation Investment Mngmt Limited Liability Partnership has invested 3.1% of its portfolio in MercadoLibre, Inc. (NASDAQ:MELI). Parametric Port Associate Limited Liability Company stated it has 114,449 shares. Royal Natl Bank Of Canada reported 66,004 shares. Deutsche State Bank Ag has invested 0.02% in MercadoLibre, Inc. (NASDAQ:MELI). Dekabank Deutsche Girozentrale stated it has 0.01% of its portfolio in MercadoLibre, Inc. (NASDAQ:MELI). Bnp Paribas Asset Mngmt holds 3,865 shares or 0.01% of its portfolio. Sumitomo Mitsui Trust Holdg Incorporated holds 0.12% of its portfolio in MercadoLibre, Inc. (NASDAQ:MELI) for 357,998 shares. Ontario – Canada-based Natl Bank Of Nova Scotia has invested 0.01% in MercadoLibre, Inc. (NASDAQ:MELI). 1,500 were reported by Da Davidson. 800 are owned by Paloma Prtn Mgmt. Newbrook Cap Advsrs L P, New York-based fund reported 139,125 shares. Motley Fool Wealth Mgmt Limited Liability Corp reported 72,983 shares.

Since May 22, 2018, it had 2 insider buys, and 0 selling transactions for $15.44 million activity.

Analysts expect MercadoLibre, Inc. (NASDAQ:MELI) to report $0.01 EPS on November, 1.They anticipate $0.62 EPS change or 98.41 % from last quarter’s $0.63 EPS. MELI’s profit would be $441,566 giving it 8511.75 P/E if the $0.01 EPS is correct. After having $-0.25 EPS previously, MercadoLibre, Inc.’s analysts see -104.00 % EPS growth. The stock increased 0.11% or $0.39 during the last trading session, reaching $340.47. About 441,424 shares traded. MercadoLibre, Inc. (NASDAQ:MELI) has risen 8.98% since September 30, 2017 and is uptrending. It has underperformed by 6.64% the S&P500.

MercadoLibre, Inc. (NASDAQ:MELI) Ratings Coverage

Among 6 analysts covering Mercadolibre (NASDAQ:MELI), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Mercadolibre had 11 analyst reports since April 11, 2018 according to SRatingsIntel. The stock of MercadoLibre, Inc. (NASDAQ:MELI) earned “Buy” rating by Bank of America on Wednesday, April 11. The firm has “Outperform” rating given on Thursday, August 9 by Credit Suisse. As per Monday, July 16, the company rating was maintained by Credit Suisse. KeyBanc Capital Markets upgraded the shares of MELI in report on Tuesday, June 26 to “Overweight” rating. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, April 25. The stock of MercadoLibre, Inc. (NASDAQ:MELI) has “Buy” rating given on Wednesday, August 22 by Stifel Nicolaus. On Thursday, August 9 the stock rating was maintained by Barclays Capital with “Overweight”. The stock of MercadoLibre, Inc. (NASDAQ:MELI) has “Overweight” rating given on Tuesday, July 17 by Barclays Capital. The firm earned “Hold” rating on Thursday, August 9 by Stifel Nicolaus. The rating was upgraded by Credit Suisse to “Buy” on Friday, April 20.

MercadoLibre, Inc. hosts online commerce platforms in Latin America. The company has market cap of $15.03 billion. It offers MercadoLibre Marketplace, an automated online commerce service for businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction format. It currently has negative earnings. The company's Marketplace platform enables commerce through online classifieds for motor vehicles, vessels, aircraft, services, and real estate; and Internet users to browse through various products that are listed on its Website and to register with MercadoLibre to list and purchase items and services.

MercadoLibre, Inc. (NASDAQ:MELI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: