DLocal Limited (NASDAQ:DLO) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• DLocal Limited (NASDAQ:DLO) has received a consensus rating of "Moderate Buy" from analysts, with an average one-year price target of $14.00.
• Recent price target adjustments include Citigroup raising their target from $14.60 to $17.00 while HSBC Global Research upgraded their rating to "strong buy".
• DLocal reported $0.14 earnings per share for the last quarter, exceeding expectations, with revenue increasing by 49.7% compared to the same quarter last year.

DLocal Limited (NASDAQ:DLO - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the ten brokerages that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $14.00.

A number of equities research analysts have recently weighed in on DLO shares. Citigroup raised their price target on DLocal from $14.60 to $17.00 and gave the stock a "buy" rating in a research note on Tuesday, September 16th. Truist Financial lifted their target price on shares of DLocal from $12.00 to $14.00 and gave the company a "hold" rating in a research note on Friday, August 22nd. Morgan Stanley set a $15.00 price objective on shares of DLocal in a research note on Thursday, August 14th. Hsbc Global Res upgraded shares of DLocal from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 14th. Finally, UBS Group reissued a "neutral" rating and set a $10.00 target price (up from $9.00) on shares of DLocal in a research report on Wednesday, July 30th.

Institutional Trading of DLocal

Large investors have recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in DLocal by 603.6% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,053 shares of the company's stock worth $34,000 after acquiring an additional 3,477 shares during the period. Krane Funds Advisors LLC grew its holdings in DLocal by 86.3% in the 1st quarter. Krane Funds Advisors LLC now owns 19,150 shares of the company's stock valued at $160,000 after buying an additional 8,870 shares during the last quarter. Penserra Capital Management LLC increased its position in DLocal by 1.8% in the 1st quarter. Penserra Capital Management LLC now owns 118,752 shares of the company's stock worth $990,000 after buying an additional 2,078 shares during the period. Lane Generational LLC lifted its holdings in shares of DLocal by 27.5% during the first quarter. Lane Generational LLC now owns 525,530 shares of the company's stock worth $4,383,000 after buying an additional 113,297 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of DLocal by 11.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 23,658 shares of the company's stock valued at $197,000 after acquiring an additional 2,375 shares during the period. 90.13% of the stock is owned by institutional investors.

DLocal Stock Performance

Shares of DLO opened at $14.60 on Tuesday. The company has a market capitalization of $4.56 billion, a PE ratio of 30.42 and a beta of 1.13. 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 company's 50 day moving average price is $13.14 and its 200 day moving average price is $11.07. DLocal has a 52 week low of $7.61 and a 52 week high of $16.44.

DLocal (NASDAQ:DLO - Get Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The business had revenue of $256.50 million for the quarter, compared to the consensus estimate of $226.71 million. DLocal had a net margin of 16.90% and a return on equity of 36.85%. DLocal's revenue for the quarter was up 49.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.15 earnings per share. DLocal has set its FY 2025 guidance at EPS. Research analysts expect that DLocal will post 0.47 EPS for the current fiscal 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.

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