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

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

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

Institutional Trading of DLocal

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. IFP Advisors Inc purchased a new position in DLocal during the 3rd quarter valued at $26,000. Caitong International Asset Management Co. Ltd lifted its position in shares of 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 during the period. Global Retirement Partners LLC bought a new stake in shares of DLocal during the 3rd quarter valued at about $29,000. University of Texas Texas AM Investment Management Co. bought a new stake in shares of DLocal during the 4th quarter valued at about $40,000. Finally, Jones Financial Companies Lllp increased its position 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 valued at $70,000 after buying an additional 3,316 shares during the period. Hedge funds and other institutional investors own 90.13% of the company’s stock.

DLocal Stock Performance

Shares of DLO stock opened at $12.72 on Tuesday. The company has a market capitalization of $3.97 billion, a P/E ratio of 19.88 and a beta of 1.14. DLocal has a fifty-two week low of $7.61 and a fifty-two week high of $16.78. The stock has a 50 day moving average price of $12.85 and a two-hundred day moving average price of $13.71.

DLocal (NASDAQ:DLO) last issued 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 company had revenue of $337.89 million for the quarter, compared to the consensus estimate of $294.29 million. During the same period in the previous year, the firm earned $0.10 earnings per share. The firm’s revenue for the quarter was up 65.2% on a year-over-year basis. As a group, equities analysts predict that DLocal will post 0.47 earnings per share for the current year.

DLocal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be given a $0.1939 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Wednesday, May 27th.

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.