Cantor Fitzgerald Weighs in on MercadoLibre FY2025 Earnings

MercadoLibre, Inc. (NASDAQ:MELI) – Analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for MercadoLibre in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst D. Mathivanan expects that the company will post earnings of $45.14 per share 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.

Several other equities research analysts have also recently issued reports on MELI. Raymond James upgraded shares of MercadoLibre from an “outperform” rating to a “strong-buy” rating and set a $2,250.00 price objective on the stock in a research report on Tuesday. Wedbush reduced their price target on shares of MercadoLibre from $2,200.00 to $2,100.00 and set an “outperform” rating on the stock in a research report on Monday, January 6th. Morgan Stanley dropped their price objective on shares of MercadoLibre from $2,500.00 to $2,450.00 and set an “overweight” rating for the company in a research note on Monday, November 11th. JPMorgan Chase & Co. reduced their price objective on MercadoLibre from $2,150.00 to $1,950.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Finally, Barclays dropped their target price on MercadoLibre from $2,500.00 to $2,200.00 and set an “overweight” rating for the company in a report on Tuesday, November 12th. Three analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, MercadoLibre has a consensus rating of “Moderate Buy” and a consensus target price of $2,241.00.

MercadoLibre Stock Down 0.1 %

Shares of MELI opened at $1,834.51 on Wednesday. MercadoLibre has a 12-month low of $1,324.99 and a 12-month high of $2,161.73. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $93.01 billion, a PE ratio of 64.73, a price-to-earnings-growth ratio of 0.98 and a beta of 1.60. The business’s 50 day moving average is $1,851.08 and its 200 day moving average is $1,909.26.

Insider Buying and Selling at MercadoLibre

In other news, Director Emiliano Calemzuk sold 50 shares of the business’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $1,984.98, for a total value of $99,249.00. Following the completion of the sale, the director now owns 238 shares in the company, valued at approximately $472,425.24. The trade was a 17.36 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.06% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On MercadoLibre

Institutional investors have recently bought and sold shares of the business. Crescent Grove Advisors LLC increased its holdings in shares of MercadoLibre by 6.3% in the 4th quarter. Crescent Grove Advisors LLC now owns 135 shares of the company’s stock valued at $230,000 after acquiring an additional 8 shares during the period. Jamison Private Wealth Management Inc. lifted its position in shares of MercadoLibre by 6.7% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 1,426 shares of the company’s stock valued at $2,425,000 after buying an additional 90 shares during the last quarter. Asio Capital LLC boosted its holdings in shares of MercadoLibre by 47.2% in the 4th quarter. Asio Capital LLC now owns 2,414 shares of the company’s stock valued at $4,105,000 after buying an additional 774 shares in the last quarter. Jacksonville Wealth Management LLC purchased a new position in shares of MercadoLibre in the 4th quarter worth approximately $576,000. Finally, Flagship Harbor Advisors LLC raised its stake in shares of MercadoLibre by 6.8% during the 4th quarter. Flagship Harbor Advisors LLC now owns 629 shares of the company’s stock worth $1,070,000 after acquiring an additional 40 shares in the last quarter. 87.62% of the stock is owned by hedge funds and other institutional investors.

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.