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

Shares of DLocal Limited (NASDAQ:DLO) have been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $16.6250.

A number of research analysts recently issued reports on DLO shares. Weiss Ratings restated a “hold (c)” rating on shares of DLocal in a research note on Monday, April 20th. Truist Financial dropped their price target on DLocal from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. The Goldman Sachs Group restated a “buy” rating and set a $17.00 price target on shares of DLocal in a research note on Thursday, April 30th. Finally, Wall Street Zen downgraded DLocal from a “buy” rating to a “hold” rating in a research note on Monday, May 18th.

DLocal Stock Performance

Shares of NASDAQ DLO opened at $11.24 on Friday. DLocal has a fifty-two week low of $9.75 and a fifty-two week high of $16.78. The firm has a market capitalization of $3.32 billion, a PE ratio of 17.84 and a beta of 0.99. The stock’s 50-day simple moving average is $12.72 and its 200-day simple moving average is $13.07.

DLocal (NASDAQ:DLO) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The firm 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%.The firm’s quarterly revenue was up 54.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.15 EPS. On average, sell-side analysts forecast that DLocal will post 0.81 earnings per share for the current fiscal year.

DLocal Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be paid a dividend of $0.1939 per share. The ex-dividend date is Wednesday, May 27th. This represents a $0.78 annualized dividend and a dividend yield of 6.9%. DLocal’s dividend payout ratio is 125.40%.

Insider Buying and Selling at DLocal

In related news, Director William Rodney Pruett acquired 20,000 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was bought at an average cost of $11.85 per share, with a total value of $237,000.00. Following the transaction, the director owned 108,043 shares of the company’s stock, valued at $1,280,309.55. The trade was a 22.72% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 45.44% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in shares of DLocal by 0.3% in the first quarter. Bank of America Corp DE now owns 4,073,358 shares of the company’s stock valued at $52,831,000 after purchasing an additional 13,536 shares during the period. Cria Inc. acquired a new position in shares of DLocal in the fourth quarter valued at approximately $56,560,000. Atmos Capital Gestao DE Recursos LTDA. acquired a new position in shares of DLocal in the fourth quarter valued at approximately $54,128,000. Marshall Wace LLP increased its holdings in shares of DLocal by 18.9% in the fourth quarter. Marshall Wace LLP now owns 3,662,772 shares of the company’s stock valued at $51,792,000 after purchasing an additional 582,718 shares during the period. Finally, Baillie Gifford & Co. increased its holdings in shares of DLocal by 12.2% in the fourth quarter. Baillie Gifford & Co. now owns 2,996,660 shares of the company’s stock valued at $42,373,000 after purchasing an additional 326,537 shares during the period. Institutional investors and hedge funds own 90.13% of the company’s stock.

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.