Added to YB: 2024-01-25
Pitch date: 2024-01-25
MELI [bullish]
MercadoLibre, Inc.
+6.66%
current return
Author Info
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Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$95.9B
Pitch Price
$1.7K
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.23
P/E
51.50
EV/Sales
2.94
Sector
Broadline Retail
Category
growth
Wintergems portfolio: MercadoLibre ($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)