DLocal Limited (NASDAQ:DLO) Receives Consensus Rating of “Moderate Buy” from Analysts

DLocal Limited (NASDAQ:DLO) has earned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $15.7778.

A number of brokerages have issued reports on DLO. Truist Financial set a $16.00 price objective on DLocal and gave the company a “buy” rating in a report on Thursday. UBS Group lifted their price target on shares of DLocal from $10.00 to $15.00 and gave the company a “neutral” rating in a report on Monday, October 20th. 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. Wall Street Zen lowered shares of DLocal from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Finally, The Goldman Sachs Group set a $19.00 target price on DLocal and gave the stock a “buy” rating in a report on Tuesday, October 14th.

DLocal Trading Down 1.4%

DLO stock opened at $14.13 on Friday. DLocal has a 1-year low of $7.61 and a 1-year high of $16.78. The firm has a market cap of $4.42 billion, a P/E ratio of 25.23 and a beta of 1.13. The business’s 50 day moving average is $14.08 and its 200-day moving average is $12.86. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.01.

DLocal (NASDAQ:DLO) last posted its earnings results on Thursday, October 30th. The company reported $0.17 EPS for the quarter. The business had revenue of $282.48 million during the quarter. DLocal had a return on equity of 37.66% and a net margin of 17.80%. Equities analysts anticipate that DLocal will post 0.47 earnings per share for the current fiscal year.

Institutional Trading of DLocal

Large investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its position in DLocal by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 575,111 shares of the company’s stock valued at $4,796,000 after buying an additional 22,803 shares during the last quarter. Fourth Sail Capital LP lifted its stake in shares of DLocal by 33.7% during the second quarter. Fourth Sail Capital LP now owns 1,546,639 shares of the company’s stock valued at $17,539,000 after acquiring an additional 390,270 shares during the period. Jefferies Financial Group Inc. bought a new position in DLocal in the second quarter valued at about $1,561,000. Fox Run Management L.L.C. acquired a new stake in DLocal in the first quarter worth about $245,000. Finally, Corsair Capital Management L.P. bought a new stake in DLocal during the 2nd quarter worth about $340,000. Institutional investors own 90.13% of the company’s stock.

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.