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Is NASDAQ:MELI suited for growth investing?

By Mill Chart

Last update: Nov 6, 2023

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.

What matters for growth investors.

  • With a solid Return on Equity (ROE) of 36.01%, 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 a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
  • With notable 1-year revenue growth of 36.71%, MERCADOLIBRE INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
  • MERCADOLIBRE INC has experienced 39.78% q2q revenue growth, indicating a significant sales increase.
  • MERCADOLIBRE INC has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
  • The free cash flow (FCF) of MERCADOLIBRE INC has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
  • MERCADOLIBRE INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 180.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
  • The average next Quarter EPS Estimate for MERCADOLIBRE INC has experienced a 36.01% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
  • In the most recent financial report, MERCADOLIBRE INC reported a 180.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • The earnings per share (EPS) growth of MERCADOLIBRE INC are accelerating: the current Q2Q growth of 180.0% is above the previous year Q2Q growth of 33.33%. Earnings momentum and acceleration are key for high growth systems.

Fundamental analysis of NASDAQ:MELI

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

MELI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 34 industry peers in the Broadline Retail industry. MELI scores excellent on profitability, but there are some minor concerns on its financial health. MELI is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make MELI suitable for growth investing!

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

Our Lois Navellier screen will find you more ideas suited for growth investing.

Disclaimer

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.

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