Cantor Fitzgerald Comments on MercadoLibre FY2025 Earnings

MercadoLibre, Inc. (NASDAQ:MELI - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of MercadoLibre in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst D. Mathivanan forecasts that the company will post earnings per share of $45.14 for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $2,300.00 target price on the stock. The consensus estimate for MercadoLibre's current full-year earnings is $32.98 per share.

MELI has been the topic of a number of other research reports. Redburn Atlantic started coverage on shares of MercadoLibre in a research note on Friday, October 11th. They issued a "buy" rating and a $2,800.00 price target on the stock. BTIG Research cut their target price on shares of MercadoLibre from $2,250.00 to $2,200.00 and set a "buy" rating for the company in a research note on Thursday, November 7th. Raymond James raised shares of MercadoLibre from an "outperform" rating to a "strong-buy" rating and set a $2,250.00 price target on the stock in a research note on Tuesday. Barclays lowered their target price on shares of MercadoLibre from $2,500.00 to $2,200.00 and set an "overweight" rating on the stock in a research note on Tuesday, November 12th. Finally, Citigroup reduced their target price on shares of MercadoLibre from $2,480.00 to $2,450.00 and set a "buy" rating for the company in a research report on Tuesday, November 26th. Three investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $2,241.00.

MercadoLibre Price Performance

MELI traded up $10.24 during trading on Wednesday, hitting $1,828.73. The company's stock had a trading volume of 267,830 shares, compared to its average volume of 333,023. The firm has a market capitalization of $92.72 billion, a price-to-earnings ratio of 64.53, a P/E/G ratio of 0.97 and a beta of 1.60. MercadoLibre has a twelve month low of $1,324.99 and a twelve month high of $2,161.73. The business's fifty day simple moving average is $1,845.97 and its 200 day simple moving average is $1,909.86. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Pacific Capital Wealth Advisors Inc. lifted its holdings in MercadoLibre by 220.0% during the 4th quarter. Pacific Capital Wealth Advisors Inc. now owns 16 shares of the company's stock worth $27,000 after buying an additional 11 shares during the last quarter. Optimum Investment Advisors raised its position in shares of MercadoLibre by 750.0% during the 3rd quarter. Optimum Investment Advisors now owns 17 shares of the company's stock worth $35,000 after acquiring an additional 15 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in MercadoLibre during the fourth quarter worth approximately $32,000. Grove Bank & Trust boosted its holdings in MercadoLibre by 120.0% in the fourth quarter. Grove Bank & Trust now owns 22 shares of the company's stock valued at $37,000 after purchasing an additional 12 shares in the last quarter. Finally, Legacy Bridge LLC increased its stake in MercadoLibre by 53.3% in the third quarter. Legacy Bridge LLC now owns 23 shares of the company's stock valued at $47,000 after purchasing an additional 8 shares during the last quarter. 87.62% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other MercadoLibre news, Director Emiliano Calemzuk sold 50 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $1,984.98, for a total transaction of $99,249.00. Following the sale, the director now directly owns 238 shares in the company, valued at $472,425.24. This represents a 17.36 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.06% of the company's stock.

MercadoLibre Company Profile

MercadoLibre, Inc operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.