MercadoLibre Stock Was Up By 12.46% On Thursday

(VIANEWS) – The NASDAQ ended the session with MercadoLibre (MELI) rising 12.46% to $1,309.95 on Thursday while NASDAQ dropped 0.1% to $13,959.71.

MercadoLibre’s last close was $1,164.81, 14.71% below its 52-week high of $1,365.64.

About MercadoLibre

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; 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. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

Earnings Per Share

As for profitability, MercadoLibre has a trailing twelve months EPS of $12.12.

PE Ratio

MercadoLibre has a trailing twelve months price to earnings ratio of 108.08. Meaning, the purchaser of the share is investing $108.08 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 34.06%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 86.8% and 96.9%, respectively.

Sales Growth

MercadoLibre’s sales growth is 27.1% for the current quarter and 28.1% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 35.1%, now sitting on 11.33B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MercadoLibre’s EBITDA is 126.96.

More news about MercadoLibre (MELI).

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