Should You Hold or Fold MercadoLibre Stock at P/E Multiple of 42.7X?
Key Takeaways MELI's Q2 growth came with shrinking margins and reliance on fintech-driven cash flow support.Downward EPS revisions for Q3 signal fading confidence in MELIs earnings momentum.Heavy reliance on Brazil, Argentina, and Mexico leaves MELI exposed to concentrated regional risks.MercadoLibre's (MELI) current price-to-earnings (P/E) multiple of 42.7X represents a significant premium compared with the Zacks Internet - Commerce industry average of 25.5X and the broader Zacks Retail and Wholesale secto ...