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

Shares of DLocal Limited (NASDAQ:DLO) have been assigned a consensus recommendation of “Buy” from the eight research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $17.25.

Several equities research analysts have commented on DLO shares. Truist Financial dropped their price objective on shares of DLocal from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. The Goldman Sachs Group reissued a “buy” rating and issued a $17.00 price target on shares of DLocal in a research report on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of DLocal in a research note on Monday, April 20th. UBS Group raised shares of DLocal from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $16.00 to $20.00 in a report on Wednesday, July 1st. Finally, Wall Street Zen lowered shares of DLocal from a “buy” rating to a “hold” rating in a research note on Monday, May 18th.

DLocal Stock Up 0.8%

Shares of DLO stock opened at $15.37 on Thursday. The company has a 50 day moving average of $12.65 and a 200-day moving average of $13.01. DLocal has a 12-month low of $9.81 and a 12-month high of $16.78. The firm has a market cap of $4.53 billion, a P/E ratio of 24.38 and a beta of 0.97.

DLocal (NASDAQ:DLO) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. The business had revenue of $335.86 million for the quarter, compared to the consensus estimate of $331.20 million. DLocal had a return on equity of 41.22% and a net margin of 15.85%.DLocal’s revenue for the quarter was up 54.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.15 earnings per share. As a group, equities analysts expect that DLocal will post 0.81 EPS for the current year.

Insiders Place Their Bets

In other news, Director Sebastian Kanovich sold 1,000,000 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $14.63, for a total value of $14,630,000.00. Following the completion of the transaction, the director directly owned 1,000,000 shares of the company’s stock, valued at $14,630,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William Rodney Pruett purchased 20,000 shares of DLocal stock in a transaction dated Friday, May 29th. The stock was bought at an average price of $11.85 per share, with a total value of $237,000.00. Following the completion of the transaction, the director owned 108,043 shares of the company’s stock, valued at $1,280,309.55. This represents a 22.72% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 45.44% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DLO. Royal Bank of Canada increased its position in shares of DLocal by 562.7% during the first quarter. Royal Bank of Canada now owns 48,668 shares of the company’s stock valued at $406,000 after buying an additional 41,324 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of DLocal by 4.1% in the first quarter. Goldman Sachs Group Inc. now owns 575,111 shares of the company’s stock valued at $4,796,000 after acquiring an additional 22,803 shares during the period. Empowered Funds LLC boosted its position in shares of DLocal by 2.7% in the first quarter. Empowered Funds LLC now owns 48,688 shares of the company’s stock valued at $406,000 after acquiring an additional 1,281 shares during the period. Geode Capital Management LLC grew its stake in DLocal by 0.8% during the second quarter. Geode Capital Management LLC now owns 142,677 shares of the company’s stock valued at $1,618,000 after acquiring an additional 1,130 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in DLocal during the second quarter valued at approximately $254,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

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.