Brokerages Set DLocal Limited (NASDAQ:DLO) PT at $13.73

Shares of DLocal Limited (NASDAQ:DLO) have earned a consensus rating of “Moderate Buy” from the ten ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $13.7333.

DLO has been the topic of several research analyst reports. Morgan Stanley set a $15.00 price objective on DLocal in a research note on Thursday, August 14th. UBS Group reissued a “neutral” rating and issued a $10.00 price objective (up previously from $9.00) on shares of DLocal in a research note on Wednesday, July 30th. Hsbc Global Res raised DLocal from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 14th. HSBC raised DLocal from a “hold” rating to a “buy” rating and increased their target price for the company from $11.50 to $15.00 in a research report on Thursday, August 14th. Finally, Susquehanna increased their target price on DLocal from $16.00 to $18.00 and gave the company a “positive” rating in a research report on Thursday, May 15th.

Institutional Trading of DLocal

Several hedge funds and other institutional investors have recently bought and sold shares of DLO. Wells Fargo & Company MN boosted its position in DLocal by 398.4% during the 4th quarter. Wells Fargo & Company MN now owns 2,248 shares of the company’s stock valued at $25,000 after acquiring an additional 1,797 shares in the last quarter. Stifel Financial Corp acquired a new stake in shares of DLocal in the 4th quarter worth $1,067,000. Northern Trust Corp purchased a new position in DLocal during the 4th quarter worth $1,401,000. Ameriprise Financial Inc. grew its stake in DLocal by 1.7% during the 4th quarter. Ameriprise Financial Inc. now owns 422,239 shares of the company’s stock worth $4,754,000 after buying an additional 7,029 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in DLocal during the 4th quarter worth $5,720,000. Institutional investors own 90.13% of the company’s stock.

DLocal Trading Down 0.5%

Shares of NASDAQ DLO opened at $13.62 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.46 and a current ratio of 1.46. The business’s 50 day moving average price is $12.32 and its 200-day moving average price is $10.67. DLocal has a fifty-two week low of $7.61 and a fifty-two week high of $16.44. The company has a market cap of $3.89 billion, a price-to-earnings ratio of 28.38 and a beta of 1.13.

DLocal (NASDAQ:DLO) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.01. DLocal had a return on equity of 36.85% and a net margin of 16.90%.The company had revenue of $256.50 million for the quarter, compared to analysts’ expectations of $226.71 million. During the same quarter in the prior year, the firm earned $0.15 earnings per share. DLocal’s revenue was up 49.7% compared to the same quarter last year. DLocal has set its FY 2025 guidance at EPS. On average, sell-side analysts expect that DLocal will post 0.47 earnings per share for the current year.

About DLocal

DLocal Limited operates a payment processing platform worldwide. The company offers pay-in solution which the business and get paid for their products and services through various payment methods, including international and local cards, online bank transfers and direct debit, cash, and alternative payment methods.