Analysts Set DLocal Limited (NASDAQ:DLO) Target Price at $14.00

DLocal Limited (NASDAQ:DLO) has received a consensus rating of “Moderate Buy” from the ten analysts that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $14.00.

A number of equities analysts recently commented on DLO shares. Truist Financial lifted their price objective on DLocal from $12.00 to $14.00 and gave the stock a “hold” rating in a research note on Friday, August 22nd. Morgan Stanley set a $15.00 target price on DLocal in a report on Thursday, August 14th. UBS Group reiterated a “neutral” rating and issued a $10.00 target price (up from $9.00) on shares of DLocal in a report on Wednesday, July 30th. HSBC upgraded DLocal from a “hold” rating to a “buy” rating and lifted their target price for the stock from $11.50 to $15.00 in a report on Thursday, August 14th. Finally, Hsbc Global Res upgraded DLocal from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 14th.

DLocal Price Performance

DLocal stock opened at $14.03 on Tuesday. The stock’s 50 day moving average is $13.34 and its 200 day moving average is $11.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market cap of $4.38 billion, a P/E ratio of 29.23 and a beta of 1.13. DLocal has a one year low of $7.61 and a one year high of $16.44.

DLocal (NASDAQ:DLO) last posted its quarterly earnings data on Wednesday, August 13th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $256.50 million for the quarter, compared to analyst estimates of $226.71 million. DLocal had a return on equity of 36.85% and a net margin of 16.90%.The firm’s quarterly revenue was up 49.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.15 earnings per share. DLocal has set its FY 2025 guidance at EPS. As a group, research analysts expect that DLocal will post 0.47 EPS for the current year.

Institutional Investors Weigh In On DLocal

Several hedge funds and other institutional investors have recently modified their holdings of the company. Marshall Wace LLP increased its holdings in shares of DLocal by 64.0% during the second quarter. Marshall Wace LLP now owns 2,683,988 shares of the company’s stock valued at $30,436,000 after acquiring an additional 1,047,692 shares in the last quarter. Fourth Sail Capital LP increased its holdings 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 in the last quarter. Tikvah Management LLC increased its holdings in shares of DLocal by 16.9% during the first quarter. Tikvah Management LLC now owns 1,054,499 shares of the company’s stock valued at $8,795,000 after acquiring an additional 152,699 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of DLocal by 4.1% during 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 in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of DLocal by 6.9% during the second quarter. Ameriprise Financial Inc. now owns 563,990 shares of the company’s stock valued at $6,396,000 after acquiring an additional 36,319 shares in the last quarter. Institutional investors own 90.13% of the company’s stock.

DLocal Company Profile

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.