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Added to YB: 2024-01-25

Pitch date: 2024-01-25

MELI [bullish]

MercadoLibre, Inc.

+15.79%

current return

Author Info

Company Info

MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.

Market Cap

$105.2B

Pitch Price

$1.7K

Price Target

N/A

Dividend

N/A

EV/EBITDA

25.94

P/E

50.64

EV/Sales

4.24

Sector

Broadline Retail

Category

growth

Show full summary:
Wintergems portfolio: MercadoLibre ($MELI)

MELI: LatAm e-commerce & fintech giant. Rev 10x to $13.2B in 2018-19 via marketplace growth & Mercado Pago expansion. Superior logistics key in tough region. Q3 EPS nearly 3x to $7.18, 2023 target $24-25 (+160%). 2024 EPS seen +50% to $40. Now 43x 2024 EPS. Watch post-Q4 P/E & price move.

Read full article (3 min)