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Exploring NASDAQ:MELI's growth characteristics.

By Mill Chart

Last update: Jan 8, 2024

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.

Why NASDAQ:MELI may be interesting for growth investors.

  • MERCADOLIBRE INC demonstrates a strong Return on Equity(ROE) of 36.01%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. MERCADOLIBRE INC shows promising potential for continued success.
  • MERCADOLIBRE INC has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
  • 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 achieved 39.78% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
  • 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.
  • MERCADOLIBRE INC has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
  • With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), MERCADOLIBRE INC highlights its ability to generate increasing profitability, showcasing a 180.0% growth.
  • Analysts' average next Quarter EPS Estimate for MERCADOLIBRE INC has witnessed a 18.8% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
  • The recent financial report of MERCADOLIBRE INC demonstrates a 180.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising 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.

Zooming in on the fundamentals.

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Overall MELI gets a fundamental rating of 6 out of 10. We evaluated MELI against 34 industry peers in the Broadline Retail industry. While MELI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MELI is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, MELI could be worth investigating further for growth investing!.

Our latest full fundamental report of MELI contains the most current fundamental analsysis.

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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