DLocal (NASDAQ:DLO) Given "Hold (C)" Rating at Weiss Ratings

Key Points

• DLocal's stock has been restated with a "hold (c)" rating by Weiss Ratings, while HSBC upgraded it to a "buy" with a new target price of $15.00.
• Shares of DLocal traded down to $14.11, with a market cap of $4.41 billion and earnings per share (EPS) of $0.14, exceeding analyst estimates.
• Institutional investors own 90.13% of DLocal's stock, indicating strong institutional support for the company.

DLocal (NASDAQ:DLO - Get Free Report)'s stock had its "hold (c)" rating restated by equities research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

A number of other equities analysts have also recently issued reports on DLO. HSBC upgraded DLocal from a "hold" rating to a "buy" rating and lifted their target price for the stock from $11.50 to $15.00 in a report on Thursday, August 14th. Wall Street Zen cut DLocal from a "strong-buy" rating to a "buy" rating in a report on Monday, September 22nd. Citigroup lifted their target price on DLocal from $14.60 to $17.00 and gave the stock a "buy" rating in a report on Tuesday, September 16th. UBS Group reaffirmed a "neutral" rating and issued a $10.00 target price (up previously from $9.00) on shares of DLocal in a research report on Wednesday, July 30th. Finally, Truist Financial raised their target price on DLocal from $12.00 to $14.00 and gave the stock a "hold" rating in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, DLocal presently has a consensus rating of "Moderate Buy" and an average target price of $14.00.

DLocal Price Performance

Shares of NASDAQ DLO traded down $0.04 during mid-day trading on Wednesday, reaching $14.11. The company had a trading volume of 1,766,901 shares, compared to its average volume of 2,238,227. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.01. The stock has a market cap of $4.41 billion, a PE ratio of 29.40 and a beta of 1.13. The company has a 50-day moving average price of $13.61 and a two-hundred day moving average price of $11.27. DLocal has a 1-year low of $7.61 and a 1-year high of $16.44.

DLocal (NASDAQ:DLO - Get Free Report) last issued its earnings results on Wednesday, August 13th. The company reported $0.14 earnings per share (EPS) 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 analysts' expectations of $226.71 million. DLocal had a return on equity of 36.85% and a net margin of 16.90%.The company's quarterly revenue was up 49.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.15 EPS. DLocal has set its FY 2025 guidance at EPS. On average, equities analysts anticipate that DLocal will post 0.47 earnings per share for the current year.

Institutional Trading of DLocal

A number of institutional investors have recently bought and sold shares of DLO. Mirae Asset Global Investments Co. Ltd. boosted its position in DLocal by 603.6% during the first 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 acquired a new stake in DLocal during the second quarter valued at $80,000. Caption Management LLC boosted its position in DLocal by 164.7% during the first 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. Osaic Holdings Inc. boosted its position in DLocal by 17.1% during the second quarter. Osaic Holdings Inc. now owns 9,108 shares of the company's stock valued at $103,000 after purchasing an additional 1,329 shares during the last quarter. Finally, CWM LLC acquired a new stake in DLocal during the second quarter valued at $113,000. Institutional investors and hedge funds own 90.13% of the company's stock.

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.

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