DLocal Limited (NASDAQ:DLO) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• DLocal Limited (NASDAQ:DLO) has received an average analyst rating of "Moderate Buy", with five firms giving a buy recommendation and one a strong buy.
• The average price target for DLocal among analysts is $15.67, while notable price targets include Goldman Sachs' $19.00 and Citigroup's $17.00.
• In its latest earnings report, DLocal surpassed expectations by posting $0.14 EPS, with a revenue of $256.50 million, reflecting a 49.7% increase year-over-year.

DLocal Limited (NASDAQ:DLO - Get Free Report) has been given an average rating of "Moderate Buy" by the eleven research firms that are covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $15.6667.

Several research analysts have commented on the stock. Morgan Stanley set a $15.00 price objective on shares of DLocal in a report on Thursday, August 14th. The Goldman Sachs Group set a $19.00 price target on DLocal and gave the company a "buy" rating in a research note on Tuesday, October 14th. Citigroup raised their price target on DLocal from $14.60 to $17.00 and gave the company a "buy" rating in a report on Tuesday, September 16th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of DLocal in a report on Friday. Finally, HSBC raised shares of DLocal from a "hold" rating to a "buy" rating and raised their target price for the company from $11.50 to $15.00 in a report on Thursday, August 14th.

Institutional Trading of DLocal

Several hedge funds have recently made changes to their positions in the business. Global Retirement Partners LLC purchased a new position in DLocal in the third quarter worth about $29,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of DLocal by 603.6% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,053 shares of the company's stock valued at $34,000 after purchasing an additional 3,477 shares during the last quarter. Activest Wealth Management purchased a new position in shares of DLocal in the 2nd quarter worth approximately $80,000. Caption Management LLC increased its position in shares of DLocal by 164.7% during the 1st quarter. Caption Management LLC now owns 11,249 shares of the company's stock valued at $94,000 after purchasing an additional 7,000 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in DLocal by 17.1% during the 2nd quarter. Osaic Holdings Inc. now owns 9,108 shares of the company's stock valued at $103,000 after buying an additional 1,329 shares during the period. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

DLocal Trading Down 0.5%

DLO stock opened at $15.13 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.46 and a quick ratio of 1.46. DLocal has a 1-year low of $7.61 and a 1-year high of $16.78. The business has a 50 day simple moving average of $14.48 and a two-hundred day simple moving average of $11.80. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 31.52 and a beta of 1.13.

DLocal (NASDAQ:DLO - Get Free Report) last released its earnings results on Wednesday, August 13th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. The firm 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%. The company's quarterly revenue was up 49.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.15 earnings per share. DLocal has set its FY 2025 guidance at EPS. Research analysts anticipate 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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