DLocal (NASDAQ:DLO) Stock Rating Lowered by Wall Street Zen

Key Points

• DLocal's stock rating has been downgraded from "strong-buy" to "buy" by Wall Street Zen, signaling a shift in analyst sentiment.
• Price targets have varied, with Citigroup raising its target from $14.60 to $17.00, while HSBC has increased its target from $11.50 to $15.00.
• The company reported a net margin of 16.90% and revenue growth of 49.7% year-over-year, beating analysts' expectations during its last earnings report.

DLocal (NASDAQ:DLO - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a note issued to investors on Monday.

Several other equities analysts have also recently issued reports on the stock. Citigroup boosted their price target on shares of DLocal from $14.60 to $17.00 and gave the company a "buy" rating in a research report on Tuesday, September 16th. HSBC upgraded DLocal from a "hold" rating to a "buy" rating and upped their target price for the stock from $11.50 to $15.00 in a report on Thursday, August 14th. Hsbc Global Res upgraded DLocal from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 14th. Truist Financial increased their price objective on DLocal from $12.00 to $14.00 and gave the stock a "hold" rating in a report on Friday, August 22nd. Finally, Morgan Stanley set a $15.00 target price on shares of DLocal in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, DLocal presently has an average rating of "Moderate Buy" and an average target price of $14.00.

DLocal Price Performance

Shares of DLocal stock opened at $14.99 on Monday. 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 one year low of $7.61 and a one year high of $16.44. The business's 50 day simple moving average is $12.70 and its two-hundred day simple moving average is $10.81. The stock has a market capitalization of $4.68 billion, a P/E ratio of 31.23 and a beta of 1.13.

DLocal (NASDAQ:DLO - Get Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The company reported $0.14 EPS for the quarter, beating 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 company had revenue of $256.50 million during the quarter, compared to analyst estimates of $226.71 million. During the same period in the prior year, the business posted $0.15 EPS. The firm's revenue was up 49.7% compared to the same quarter last year. DLocal has set its FY 2025 guidance at EPS. Analysts forecast that DLocal will post 0.47 EPS for the current year.

Institutional Trading of DLocal

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. raised its position in DLocal by 17.1% in the second quarter. Osaic Holdings Inc. now owns 9,108 shares of the company's stock worth $103,000 after acquiring an additional 1,329 shares during the period. State of Wyoming lifted its position in DLocal by 45.1% during the second quarter. State of Wyoming now owns 27,116 shares of the company's stock valued at $307,000 after purchasing an additional 8,431 shares in the last quarter. Vident Advisory LLC lifted its position in DLocal by 48.7% during the second quarter. Vident Advisory LLC now owns 24,195 shares of the company's stock valued at $274,000 after purchasing an additional 7,925 shares in the last quarter. Man Group plc bought a new stake in DLocal during the second quarter valued at about $130,000. Finally, HRT Financial LP increased its position in DLocal by 237.2% in the second quarter. HRT Financial LP now owns 314,265 shares of the company's stock worth $3,563,000 after buying an additional 221,076 shares in the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

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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