Why the growth investor may take a look at NASDAQ:MELI.

In this article we will dive into MERCADOLIBRE INC (NASDAQ:MELI) as a possible candidate for growth investing. Investors should always do their own research, but we noticed MERCADOLIBRE INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Looking into the growth metrics of MERCADOLIBRE INC

• With a solid Return on Equity (ROE) of 33.61%, MERCADOLIBRE INC exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• MERCADOLIBRE INC has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• The 1-year revenue growth of MERCADOLIBRE INC (37.48%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• MERCADOLIBRE INC has demonstrated strong q2q revenue growth of 31.5%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• The operating margin of MERCADOLIBRE INC has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• With positive growth in its free cash flow (FCF) over the past year, MERCADOLIBRE INC showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• MERCADOLIBRE INC has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 112.0% increase. This indicates improving financial performance and the company's effective management of its operations.
• MERCADOLIBRE INC has seen a 19.47% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• In the most recent financial report, MERCADOLIBRE INC reported a 112.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• MERCADOLIBRE INC shows accelerating EPS growth: when comparing the current Q2Q growth of 112.0% to the previous year Q2Q growth of 77.37%, we see the growth rate improving.

What else is there to say on the fundamentals of NASDAQ:MELI?

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

MELI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 34 industry peers in the Broadline Retail industry. MELI gets an excellent profitability rating and is at the same time showing great financial health properties. MELI is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make MELI a good candidate for growth and quality investing.

For an up to date full fundamental analysis you can check the fundamental report of MELI

More growth stocks can be found in our Lois Navellier screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.