MercadoLibre, Inc. $MELI Position Raised by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC boosted its stake in MercadoLibre, Inc. (NASDAQ:MELI) by 248.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,052 shares of the company’s stock after acquiring an additional 750 shares during the period. Euro Pacific Asset Management LLC’s holdings in MercadoLibre were worth $1,818,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the company. Sax Wealth Advisors LLC purchased a new stake in shares of MercadoLibre during the 3rd quarter valued at approximately $298,000. NorthCrest Asset Manangement LLC raised its position in shares of MercadoLibre by 3.7% in the third quarter. NorthCrest Asset Manangement LLC now owns 7,476 shares of the company’s stock worth $13,880,000 after buying an additional 270 shares in the last quarter. Dupree Financial Group LLC boosted its position in shares of MercadoLibre by 4.6% during the 3rd quarter. Dupree Financial Group LLC now owns 250 shares of the company’s stock valued at $432,000 after acquiring an additional 11 shares during the last quarter. Kaizen Financial Strategies lifted its position in MercadoLibre by 12.8% during the third quarter. Kaizen Financial Strategies now owns 221 shares of the company’s stock valued at $382,000 after purchasing an additional 25 shares during the last quarter. Finally, Avity Investment Management Inc. lifted its holdings in shares of MercadoLibre by 11.6% during the 3rd quarter. Avity Investment Management Inc. now owns 13,822 shares of the company’s stock worth $23,892,000 after acquiring an additional 1,434 shares during the last quarter. Hedge funds and other institutional investors own 87.62% of the company’s stock.

MercadoLibre Trading Down 0.9%

Shares of MELI traded down $16.40 during mid-day trading on Tuesday, hitting $1,876.04. 254,041 shares of the company’s stock traded hands, compared to its average volume of 538,513. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $95.11 billion, a P/E ratio of 51.02, a PEG ratio of 1.32 and a beta of 1.31. The business’s 50-day moving average price is $1,864.26 and its 200-day moving average price is $1,778.45. MercadoLibre, Inc. has a 1 year low of $1,495.00 and a 1 year high of $2,428.00.

MercadoLibre (NASDAQ:MELI) last announced its quarterly earnings results on Thursday, August 6th. The company reported $9.19 EPS for the quarter, topping analysts’ consensus estimates of $8.65 by $0.54. The company had revenue of $10.17 billion during the quarter, compared to analyst estimates of $9.79 billion. MercadoLibre had a return on equity of 26.54% and a net margin of 5.30%. The firm’s revenue was up 49.8% on a year-over-year basis. During the same quarter last year, the firm posted $10.31 earnings per share. As a group, sell-side analysts forecast that MercadoLibre, Inc. will post 38.29 EPS for the current fiscal year.

Key Stories Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: MercadoLibre’s integrated commerce-and-fintech “flywheel” continues to strengthen. Ecosystem users grew 37%, supporting higher shopping activity, payments adoption, credit usage and customer engagement. MercadoLibre’s Commerce-Fintech Flywheel Gains Strength
• Positive Sentiment: Several valuation reports remain bullish, citing roughly 43%–50% revenue growth, strong commerce and fintech momentum, expanding payments volume, positive cash flow and possible catalysts in quick commerce, pharmacy and social commerce. MercadoLibre: Making The Right Investment Moves, Near 13% FCF Yield
• Positive Sentiment: MarketWatch cited a $2,299.48 price target, and another analysis reported a street target near $2,270—both implying upside from the recent trading range. MarketWatch lists USD 2,299.48 target for MercadoLibre stock
• Neutral Sentiment: Investors are also considering Brazil’s election, easing inflation and interest-rate trends as potential macro tailwinds, although election-related enthusiasm has already contributed to a recent rally. MercadoLibre Stock Rose 9% in October on Brazil’s Election
• Negative Sentiment: Profitability is the key concern. Second-quarter revenue and financial income rose about 50% to $10.17 billion, but operating income declined 17% to $683 million as management reinvested in growth. That tradeoff could pressure margins and valuation if growth slows. MercadoLibre Trades Profit for Scale
• Negative Sentiment: Cantor Fitzgerald lowered its price target from $2,300 to $2,200, despite maintaining an Overweight rating, signaling more cautious near-term expectations. Cantor Fitzgerald Issues Forecast for MercadoLibre

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on MELI shares. Susquehanna boosted their target price on MercadoLibre to $2,400.00 and gave the stock a “positive” rating in a research report on Tuesday, October 6th. Citigroup lowered their price objective on shares of MercadoLibre from $2,150.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. increased their target price on shares of MercadoLibre from $1,900.00 to $2,150.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Weiss Ratings reissued a “hold (c)” rating on shares of MercadoLibre in a research note on Tuesday, September 29th. Finally, New Street Research began coverage on MercadoLibre in a research note on Wednesday, September 23rd. They issued a “buy” rating and a $2,450.00 target price on the stock. Twelve analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, MercadoLibre currently has an average rating of “Moderate Buy” and a consensus price target of $2,251.88.

MercadoLibre Profile

MercadoLibre, Inc (NASDAQ:MELI) operates a technology platform serving commerce and financial-services customers across Latin America. Its online marketplace connects buyers and sellers, offering products across categories including electronics, apparel, home goods, automotive products and consumer packaged goods.

The company also provides a range of supporting services, including Mercado Pago, a digital payments platform that enables online and in-person transactions, money transfers and other financial services.