DLocal Limited (NASDAQ:DLO) Given Average Recommendation of “Buy” by Analysts

DLocal Limited (NASDAQ:DLO) has received an average recommendation of “Buy” from the eight analysts that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $17.25.

DLO has been the topic of a number of research reports. The Goldman Sachs Group restated a “buy” rating and set a $17.00 price target on shares of DLocal in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. Truist Financial decreased their price objective on DLocal from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. UBS Group upgraded DLocal from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $16.00 to $20.00 in a research report on Wednesday. Finally, Wall Street Zen lowered DLocal from a “buy” rating to a “hold” rating in a research note on Monday, May 18th.

Insider Buying and Selling at DLocal

In other DLocal news, Director William Rodney Pruett acquired 20,000 shares of the stock in a transaction dated Friday, May 29th. The stock was purchased at an average cost of $11.85 per share, for a total transaction of $237,000.00. Following the acquisition, the director owned 108,043 shares in the company, valued at $1,280,309.55. The trade was a 22.72% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 45.44% of the company’s stock.

Hedge Funds Weigh In On DLocal

Several institutional investors and hedge funds have recently made changes to their positions in DLO. Cria Inc. purchased a new stake in DLocal during the fourth quarter valued at about $56,560,000. Atmos Capital Gestao DE Recursos LTDA. purchased a new position in shares of DLocal in the fourth quarter worth about $54,128,000. Azora Capital LP bought a new stake in shares of DLocal in the 4th quarter valued at about $21,888,000. Jain Global LLC bought a new stake in shares of DLocal in the 4th quarter valued at about $21,085,000. Finally, Hsbc Holdings PLC purchased a new stake in DLocal during the 1st quarter valued at about $18,037,000. Institutional investors own 90.13% of the company’s stock.

DLocal Price Performance

Shares of NASDAQ:DLO opened at $14.67 on Thursday. The company’s fifty day moving average price is $12.55 and its 200-day moving average price is $12.99. The firm has a market capitalization of $4.33 billion, a price-to-earnings ratio of 23.29 and a beta of 0.97. DLocal has a one year low of $9.81 and a one year high of $16.78.

DLocal (NASDAQ:DLO) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The company had revenue of $335.86 million during the quarter, compared to the consensus estimate of $331.20 million. During the same period in the previous year, the firm posted $0.15 EPS. The firm’s revenue was up 54.9% compared to the same quarter last year. As a group, equities research analysts expect that DLocal will post 0.81 EPS for the current year.

About DLocal

dLocal is a fintech company specializing in cross-border payments and payouts for global merchants operating in emerging markets. Headquartered in Montevideo, Uruguay, the company offers a technology platform that simplifies complex payment flows, enabling businesses to connect with local payment methods through a single integration.

The dLocal platform supports a wide range of local payment options, including credit and debit cards, bank transfers, e-wallets and cash-based methods. It incorporates risk-management tools, compliance services and anti-fraud solutions to help clients navigate regulatory requirements and minimize payment failures across diverse jurisdictions.

dLocal serves merchants in sectors such as e-commerce, online marketplaces, digital content and gig economy platforms.