DLocal Limited (NASDAQ:DLO) Given Average Recommendation of “Buy” by Analysts

Shares of DLocal Limited (NASDAQ:DLO) have received a consensus rating of “Buy” from the eight analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $17.75.

A number of research analysts recently weighed in on the company. UBS Group raised DLocal from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $16.00 to $20.00 in a report on Wednesday, July 1st. The Goldman Sachs Group lifted their price objective on shares of DLocal from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of DLocal in a report on Friday, July 17th. Wall Street Zen cut shares of DLocal from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Truist Financial increased their target price on DLocal from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday, July 24th.

Insiders Place Their Bets

In other news, Director William Rodney Pruett acquired 20,000 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were purchased at an average cost of $11.85 per share, with a total value of $237,000.00. Following the acquisition, the director directly owned 108,043 shares in the company, valued at $1,280,309.55. This represents a 22.72% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Sebastian Kanovich sold 1,000,000 shares of the 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 transaction, the director owned 1,000,000 shares in the company, valued at $14,630,000. The trade was a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 45.44% of the company’s stock.

Institutional Trading of DLocal

Hedge funds and other institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd boosted its holdings in DLocal by 114.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,826 shares of the company’s stock valued at $26,000 after purchasing an additional 975 shares during the period. IFP Advisors Inc bought a new position in shares of DLocal during the third quarter worth approximately $26,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of DLocal in the fourth quarter valued at approximately $40,000. Banque Cantonale Vaudoise acquired a new stake in shares of DLocal in the first quarter valued at approximately $42,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of DLocal in the fourth quarter valued at approximately $95,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

DLocal Stock Performance

Shares of NASDAQ:DLO opened at $15.08 on Monday. DLocal has a 52-week low of $9.81 and a 52-week high of $16.78. The company has a market capitalization of $4.45 billion, a P/E ratio of 23.94 and a beta of 0.96. The company has a 50-day simple moving average of $13.35 and a 200 day simple moving average of $13.06.

DLocal (NASDAQ:DLO) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. DLocal had a return on equity of 41.22% and a net margin of 15.85%.The firm had revenue of $335.86 million for the quarter, compared to analyst estimates of $331.20 million. During the same quarter in the prior year, the company earned $0.15 earnings per share. The business’s revenue for the quarter was up 54.9% compared to the same quarter last year. As a group, equities analysts forecast that DLocal will post 0.82 earnings per share for the current year.

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.