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Why the growth investor may take a look at MERCADOLIBRE INC (NASDAQ:MELI).

By Mill Chart

Last update: Nov 27, 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.

Highlighting Notable Growth Metrics of NASDAQ:MELI.

  • With a favorable Return on Equity (ROE) of 36.01%, MERCADOLIBRE INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
  • 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 impressive 1-year revenue growth of 36.71%, MERCADOLIBRE INC showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
  • The recent q2q revenue growth of 39.78% of MERCADOLIBRE INC showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
  • 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 a favorable trend in its free cash flow (FCF) over the past year, MERCADOLIBRE INC demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
  • The earnings per share (EPS) of MERCADOLIBRE INC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 180.0% increase. This reflects the company's ability to improve its profitability over time.
  • The average next Quarter EPS Estimate by analysts was adjusted by 43.29%, reflecting the evolving market expectations for the company's EPS growth.
  • The quarterly earnings of MERCADOLIBRE INC have shown a 180.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • accelerating EPS growth for MERCADOLIBRE INC: the current Q2Q growth of 180.0% exceeds the previous year Q2Q growth of 33.33%.

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

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous 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 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 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 and quality 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.

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.

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MERCADOLIBRE INC

NASDAQ:MELI (4/22/2024, 7:14:38 PM)

After market: 1368.23 0 (0%)

1368.23

+11.8 (+0.87%)

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