DLocal Limited (NASDAQ:DLO) Receives $17.00 Average Price Target from Analysts

DLocal Limited (NASDAQ:DLO) has received a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $17.00.

A number of equities research analysts have recently issued reports on DLO shares. Weiss Ratings restated a “hold (c)” rating on shares of DLocal in a report on Wednesday, January 21st. JPMorgan Chase & Co. lowered their target price on DLocal from $18.50 to $18.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. Truist Financial dropped their price target on DLocal from $17.00 to $15.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. Finally, Itau BBA Securities initiated coverage on DLocal in a research note on Wednesday, December 17th. They issued an “outperform” rating and a $21.00 price target for the company.

Hedge Funds Weigh In On DLocal

Institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd raised its stake 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 worth $26,000 after purchasing an additional 975 shares in the last quarter. IFP Advisors Inc bought a new stake in DLocal in the 3rd quarter valued at about $26,000. Global Retirement Partners LLC acquired a new position in shares of DLocal during the 3rd quarter worth approximately $29,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of DLocal during the 4th quarter worth approximately $40,000. Finally, Jones Financial Companies Lllp increased its holdings in shares of DLocal by 221.1% during the third quarter. Jones Financial Companies Lllp now owns 4,816 shares of the company’s stock worth $70,000 after purchasing an additional 3,316 shares during the period. 90.13% of the stock is currently owned by institutional investors and hedge funds.

DLocal Price Performance

NASDAQ:DLO opened at $12.36 on Tuesday. The company has a market cap of $3.86 billion, a P/E ratio of 19.31 and a beta of 1.14. The firm’s fifty day moving average price is $12.75 and its two-hundred day moving average price is $13.69. DLocal has a one year low of $7.61 and a one year high of $16.78.

DLocal (NASDAQ:DLO) last announced its earnings results on Wednesday, March 18th. The company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. DLocal had a net margin of 18.00% and a return on equity of 40.40%. The business had revenue of $337.89 million during the quarter, compared to the consensus estimate of $294.29 million. During the same quarter in the previous year, the firm posted $0.10 EPS. DLocal’s revenue was up 65.2% compared to the same quarter last year. As a group, equities research analysts expect that DLocal will post 0.47 earnings per share for the current year.

DLocal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be issued a dividend of $0.1939 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 6.3%.

About DLocal

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.