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

Shares of DLocal Limited (NASDAQ:DLO) have received a consensus rating of “Moderate Buy” from the twelve research firms that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $16.40.

A number of equities analysts recently commented on DLO shares. UBS Group boosted their target price on shares of DLocal from $10.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, October 20th. The Goldman Sachs Group set a $19.00 price objective on DLocal and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Truist Financial set a $17.00 price objective on DLocal in a report on Tuesday, January 20th. Wall Street Zen lowered DLocal from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Itau BBA Securities initiated coverage on DLocal in a report on Wednesday, December 17th. They issued an “outperform” rating and a $21.00 price target for the company.

DLocal Stock Performance

Shares of DLocal stock opened at $13.46 on Monday. The business has a 50-day simple moving average of $13.99 and a 200-day simple moving average of $13.73. The company has a market cap of $4.21 billion, a PE ratio of 24.04 and a beta of 1.13. DLocal has a one year low of $7.61 and a one year high of $16.78. 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) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.17 earnings per share (EPS) for the quarter. DLocal had a net margin of 17.80% and a return on equity of 37.66%. The company had revenue of $282.48 million during the quarter. On average, equities research analysts forecast that DLocal will post 0.47 EPS for the current fiscal year.

Institutional Investors Weigh In On DLocal

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Marshall Wace LLP lifted its stake in DLocal by 64.0% in the second quarter. Marshall Wace LLP now owns 2,683,988 shares of the company’s stock valued at $30,436,000 after buying an additional 1,047,692 shares during the last quarter. Paradice Investment Management LLC acquired a new position in shares of DLocal in the 3rd quarter valued at $14,343,000. Two Sigma Investments LP raised its position in DLocal by 131.6% in the 3rd quarter. Two Sigma Investments LP now owns 1,732,140 shares of the company’s stock valued at $24,735,000 after purchasing an additional 984,341 shares during the last quarter. Holocene Advisors LP raised its position in DLocal by 174.4% in the 3rd quarter. Holocene Advisors LP now owns 1,349,365 shares of the company’s stock valued at $19,269,000 after purchasing an additional 857,685 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in DLocal by 103.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,147,776 shares of the company’s stock worth $16,390,000 after purchasing an additional 583,786 shares during the period. 90.13% of the stock is currently owned by institutional investors and hedge funds.

DLocal Company Profile

dLocal is a fintech company specializing in cross-border payments and payouts for global merchants operating in emerging markets. Headquartered in Montevideo, Uruguay, the company offers a technology platform that simplifies complex payment flows, enabling businesses to connect with local payment methods through a single integration.

The dLocal platform supports a wide range of local payment options, including credit and debit cards, bank transfers, e-wallets and cash-based methods. It incorporates risk-management tools, compliance services and anti-fraud solutions to help clients navigate regulatory requirements and minimize payment failures across diverse jurisdictions.

dLocal serves merchants in sectors such as e-commerce, online marketplaces, digital content and gig economy platforms.