DLocal (NASDAQ:DLO) Upgraded by Wall Street Zen to "Buy" Rating

Key Points

• DLocal has been upgraded from a "hold" rating to a "buy" rating by Wall Street Zen, indicating positive sentiment from analysts regarding its stock performance.
• Other analysts have set various target prices for DLocal stock, with UBS Group at $10.00, Morgan Stanley at $15.00, and Susquehanna at $18.00.
• The company reported earnings of $0.14 per share, exceeding estimates, and a revenue increase of 49.7% year-over-year, demonstrating strong financial growth.

DLocal (NASDAQ:DLO - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Saturday.

A number of other research firms also recently weighed in on DLO. Morgan Stanley set a $15.00 target price on shares of DLocal in a research report on Thursday, August 14th. Citigroup began coverage on shares of DLocal in a research report on Tuesday, May 27th. They set a "buy" rating and a $14.60 target price for the company. Truist Financial increased their target price on shares of DLocal from $12.00 to $14.00 and gave the company a "hold" rating in a research report on Friday, August 22nd. HSBC raised shares of DLocal from a "hold" rating to a "buy" rating and raised their price objective for the stock from $11.50 to $15.00 in a report on Thursday, August 14th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, DLocal presently has an average rating of "Moderate Buy" and a consensus price target of $13.73.

DLocal Stock Down 0.4%

NASDAQ:DLO traded down $0.06 on Friday, hitting $13.36. The stock had a trading volume of 2,895,103 shares, compared to its average volume of 4,179,712. 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 cap of $3.81 billion, a P/E ratio of 27.83 and a beta of 1.13. DLocal has a 1 year low of $7.61 and a 1 year high of $16.44. The firm's fifty day simple moving average is $12.18 and its two-hundred day simple moving average is $10.62.

DLocal (NASDAQ:DLO - Get Free Report) last posted its quarterly earnings data 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 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 posted $0.15 EPS. The company's revenue for the quarter was up 49.7% on a year-over-year basis. DLocal has set its FY 2025 guidance at EPS. Analysts predict that DLocal will post 0.47 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DLO. Wells Fargo & Company MN boosted its holdings in DLocal by 398.4% in the 4th quarter. Wells Fargo & Company MN now owns 2,248 shares of the company's stock valued at $25,000 after purchasing an additional 1,797 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in 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 period. Activest Wealth Management bought a new position in DLocal in the 2nd quarter valued at $80,000. Caption Management LLC boosted its holdings in DLocal by 164.7% in 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 period. Finally, Osaic Holdings Inc. boosted its holdings in DLocal by 17.1% in the 2nd 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 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.