DLocal (NASDAQ:DLO) Shares Down 5.1% - What's Next?

Key Points

• DLocal's stock price decreased by 5.1%, trading last at $14.86, which is a decline from its previous close of $15.66.
• Analysts have mixed ratings on DLocal, with five ratings of hold, four buy ratings, and one strong buy, while the average price target is set at $13.51.
• The company reported a 49.7% year-over-year revenue growth with earnings per share of $0.14, exceeding estimates of $0.13.

DLocal Limited (NASDAQ:DLO - Get Free Report) shares dropped 5.1% during trading on Monday . The company traded as low as $14.82 and last traded at $14.86. Approximately 982,537 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 1,327,551 shares. The stock had previously closed at $15.66.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on DLO shares. UBS Group reaffirmed a "neutral" rating and issued a $10.00 price objective (up from $9.00) on shares of DLocal in a research note on Wednesday, July 30th. Susquehanna raised their price objective on shares of DLocal from $16.00 to $18.00 and gave the stock a "positive" rating in a report on Thursday, May 15th. Hsbc Global Res raised shares of DLocal from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 14th. HSBC raised DLocal from a "hold" rating to a "buy" rating and increased their price target for the company from $11.50 to $15.00 in a research report on Thursday, August 14th. Finally, Truist Financial lifted their price objective on shares of DLocal from $12.00 to $14.00 and gave the company a "hold" rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $13.73.

DLocal Price Performance

The firm has a 50 day moving average price of $11.42 and a two-hundred day moving average price of $10.58. The company has a market cap of $4.17 billion, a P/E ratio of 30.46 and a beta of 1.10. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.46 and a current ratio of 1.46.

DLocal (NASDAQ:DLO - Get Free Report) last issued its 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. DLocal had a net margin of 16.90% and a return on equity of 36.85%. The firm had revenue of $256.50 million during the quarter, compared to analyst estimates of $226.71 million. During the same quarter last year, the business earned $0.15 earnings per share. The company's quarterly revenue was up 49.7% on a year-over-year basis. DLocal has set its FY 2025 guidance at EPS. On average, analysts predict that DLocal Limited will post 0.47 EPS for the current fiscal year.

Institutional Investors Weigh In On DLocal

A number of hedge funds have recently made changes to their positions in DLO. Wells Fargo & Company MN boosted its holdings in DLocal by 398.4% during the 4th quarter. Wells Fargo & Company MN now owns 2,248 shares of the company's stock valued at $25,000 after acquiring an additional 1,797 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position 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 worth $34,000 after purchasing an additional 3,477 shares during the period. Parvin Asset Management LLC bought a new stake in DLocal during the 4th quarter valued at approximately $55,000. Activest Wealth Management bought a new position in DLocal in the second quarter worth $80,000. Finally, Caption Management LLC lifted its position in 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 acquiring an additional 7,000 shares during the period. 90.13% of the stock is currently 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.