MercadoLibre Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 79 out of 482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 2808.45.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of MercadoLibre Inc is 8.58, ranking 59 out of 482 in the Software & IT Services industry. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 7.41B, representing a year-over-year increase of 39.48%, while its net profit experienced a year-over-year increase of 6.05%.
Key Metrics
The current valuation score of MercadoLibre Inc is 4.61, ranking 459 out of 482 in the Software & IT Services industry. Its current P/E ratio is 48.09, which is 175.15% below the recent high of 132.32 and 8.20% above the recent low of 44.15.
The current earnings forecast score of MercadoLibre Inc is 8.40, ranking 49 out of 482 in the Software & IT Services industry. The average price target is 2801.00, with a high of 3500.00 and a low of 2050.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of MercadoLibre Inc is 6.83, ranking 199 out of 482 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 2237.10 and the support level at 1808.10, making it suitable for range-bound swing trading.
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The current institutional shareholding score of MercadoLibre Inc is 7.00, ranking 143 out of 482 in the Software & IT Services industry. The latest institutional shareholding proportion is 84.81%, representing a quarter-over-quarter increase of 1.12%. The largest institutional shareholder is Baillie Gifford, holding a total of 3.48M shares, representing 6.87% of shares outstanding, with 8.00% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of MercadoLibre Inc is 6.62, ranking 121 out of 482 in the Software & IT Services industry. The company's beta value is 1.46. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
