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Saturday, June 3, 2023

Analyst Expects MercadoLibre Inc. (NASDAQ: MELI) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for MercadoLibre Inc. (MELI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $4.08, or 0.32%, to $1,293.00. The MercadoLibre Inc. has recorded 41,780 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed MercadoLibre, Inc. First Quarter 2023 Letter to Shareholders.

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Stocks Info

As a NASDAQ listed company, MELI falls under the Consumer Cyclical sector while operating within the Internet Retail industry segment. At the end of the last regular session, the stock closed at $1288.92 and fluctuated between $1,315.00 as its day high and $1,263.11 as its day low. The current market capitalization of MercadoLibre Inc. is $63.14B. A total of 0.53 million shares were traded on the day, compared to an average of 452.07K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MELI has seen 1 BUY and 3 SELL insider trades, representing the acquisition of 28 and the disposition of 450 shares. Over the last 12 months, there were 9 BUYs and 3 SELLs from insiders. Insiders purchased 895 shares during that period but sold 450.

In the most recent transaction, de la Serna Juan Martin sold 150 shares of MELI for 1250.00 per share on Mar 08. After the transaction, the Executive VP Corporate Affairs now owns 200 company shares. In a previous transaction on Mar 07, de la Serna Juan Martin sold 150 shares at 1265.00 per share. MELI shares that Executive VP Corporate Affairs owns now total 350.

Among the insiders who sold shares, Calemzuk Emiliano disposed of 150 shares on Mar 07 at a per-share price of $1256.00. This resulted in the Director holding 115 shares of MELI after the transaction.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. MELI’s most recent ex-dividend date was 12/28/2017 when it declared a $0.15 quarterly dividend that was paid in cash on 1/16/2018. Previously, the company paid the dividend on 10/16/2017 with an ex-dividend date of 9/28/2017. The MELI stock dividend was $0.15 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MELI in the last 3 months, the mean price target is $1,560.14 with high estimates of $1,770.00 and low estimates of $1,260.00. In terms of 52-week highs and lows, MELI has a high of $1337.75 and a low of $600.68.

As of this writing, MELI has an earnings estimate of $4.37 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $5.13 per share and a lower estimate of $3.45. The company reported an EPS of $3.25 in the last quarter, which was 35.40% higher than expectations of $2.4.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. MELI’s latest balance sheet shows that the firm has $2.79B in Cash & Short Term Investments as of fiscal 2021. There were $3.98B in debt and $5.84B in liabilities at the time. Its Book Value Per Share was $36.33, while its Total Shareholder’s Equity was $1.53B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MELI is Buy with a score of 4.25.

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