Analysts Set DLocal Limited (NASDAQ:DLO) Target Price at $13.73

Key Points

• DLocal Limited has received a consensus rating of "Moderate Buy" from ten brokerages, with a 12-month price target averaging $13.73.
• The company's most recent earnings report showed an Earnings Per Share (EPS) of $0.14, exceeding analyst expectations, along with a year-over-year revenue growth of 49.7%.
• Institutional investors have significantly increased their stakes in DLocal, with ownership now at 90.13% of the company's stock.

DLocal Limited (NASDAQ:DLO - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the ten analysts that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $13.7333.

Several analysts have commented on the company. UBS Group reiterated a "neutral" rating and set a $10.00 target price (up from $9.00) on shares of DLocal in a research note on Wednesday, July 30th. HSBC upgraded 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 note on Thursday, August 14th. Truist Financial increased their target price on DLocal from $12.00 to $14.00 and gave the company a "hold" rating in a research note on Friday, August 22nd. Hsbc Global Res upgraded DLocal from a "hold" rating to a "strong-buy" rating in a research note 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 note on Thursday, May 15th.

DLocal Stock Up 1.9%

Shares of DLocal stock traded up $0.26 during midday trading on Friday, hitting $13.93. The company had a trading volume of 1,116,767 shares, compared to its average volume of 1,504,214. 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 stock has a market capitalization of $3.98 billion, a P/E ratio of 28.94 and a beta of 1.13. The company has a 50 day moving average of $12.23 and a 200 day moving average of $10.64. DLocal has a 52-week low of $7.61 and a 52-week high of $16.44.

DLocal (NASDAQ:DLO - Get Free Report) last issued its earnings results on Wednesday, August 13th. The company reported $0.14 EPS for the quarter, beating 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 business had revenue of $256.50 million for the quarter, compared to the consensus estimate of $226.71 million. During the same period last year, the business posted $0.15 EPS. The company's revenue was up 49.7% compared to the same quarter last year. DLocal has set its FY 2025 guidance at EPS. On average, equities analysts predict that DLocal will post 0.47 earnings per share for the current fiscal year.

Hedge Funds Weigh In On DLocal

Hedge funds and other institutional investors have recently modified their holdings of the company. Lane Generational LLC lifted its holdings in shares of DLocal by 27.5% during the 1st quarter. Lane Generational LLC now owns 525,530 shares of the company's stock valued at $4,383,000 after buying an additional 113,297 shares during the period. J. Goldman & Co LP lifted its holdings in shares of DLocal by 175.5% during the 4th quarter. J. Goldman & Co LP now owns 1,351,181 shares of the company's stock valued at $15,214,000 after buying an additional 860,681 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of DLocal by 603.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,053 shares of the company's stock valued at $34,000 after buying an additional 3,477 shares during the period. BNP Paribas Financial Markets bought a new position in shares of DLocal during the 4th quarter valued at $5,720,000. Finally, Virtu Financial LLC lifted its holdings in shares of DLocal by 203.9% during the 1st quarter. Virtu Financial LLC now owns 38,267 shares of the company's stock valued at $319,000 after buying an additional 25,676 shares during the period. 90.13% of the stock is owned by institutional investors.

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.