DLocal Limited (NASDAQ:DLO) Receives Average Rating of “Moderate Buy” from Brokerages

DLocal Limited (NASDAQ:DLO) has received an average recommendation of “Moderate Buy” from the ten analysts that are covering the company, MarketBeat reports. Five analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $14.00.

Several research firms have recently weighed in on DLO. Truist Financial upped their price objective on DLocal from $12.00 to $14.00 and gave the company a “hold” rating in a research note on Friday, August 22nd. UBS Group reaffirmed a “neutral” rating and issued a $10.00 price target (up previously from $9.00) on shares of DLocal in a research note on Wednesday, July 30th. Citigroup increased their price objective on DLocal from $14.60 to $17.00 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Wall Street Zen cut DLocal from a “strong-buy” rating to a “buy” rating in a report on Monday, September 22nd. Finally, Morgan Stanley set a $15.00 target price on shares of DLocal in a report on Thursday, August 14th.

Institutional Trading of DLocal

Hedge funds have recently modified their holdings of the company. Marshall Wace LLP boosted its holdings in shares of DLocal by 64.0% in the 2nd quarter. Marshall Wace LLP now owns 2,683,988 shares of the company’s stock worth $30,436,000 after acquiring an additional 1,047,692 shares in the last quarter. Fourth Sail Capital LP raised its position in DLocal by 33.7% in the 2nd quarter. Fourth Sail Capital LP now owns 1,546,639 shares of the company’s stock valued at $17,539,000 after purchasing an additional 390,270 shares during the last quarter. Tikvah Management LLC boosted its stake in DLocal by 16.9% in the first quarter. Tikvah Management LLC now owns 1,054,499 shares of the company’s stock worth $8,795,000 after purchasing an additional 152,699 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of DLocal by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 575,111 shares of the company’s stock worth $4,796,000 after purchasing an additional 22,803 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of DLocal by 6.9% in the second quarter. Ameriprise Financial Inc. now owns 563,990 shares of the company’s stock valued at $6,396,000 after buying an additional 36,319 shares in the last quarter. Institutional investors and hedge funds own 90.13% of the company’s stock.

DLocal Price Performance

Shares of DLO stock opened at $14.60 on Tuesday. DLocal has a 12 month low of $7.61 and a 12 month high of $16.44. The company has a market capitalization of $4.56 billion, a P/E ratio of 30.42 and a beta of 1.13. The stock has a 50 day moving average of $13.14 and a two-hundred day moving average of $11.07. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.01.

DLocal (NASDAQ:DLO) last released its quarterly earnings data on Wednesday, August 13th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. DLocal had a return on equity of 36.85% and a net margin of 16.90%.The business had revenue of $256.50 million for the quarter, compared to analysts’ expectations of $226.71 million. During the same period in the previous year, the business posted $0.15 earnings per share. DLocal’s quarterly revenue was up 49.7% on a year-over-year basis. DLocal has set its FY 2025 guidance at EPS. As a group, equities analysts expect that DLocal will post 0.47 EPS for the current year.

DLocal Company Profile

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.