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

DLocal Limited (NASDAQ:DLO) has received an average recommendation of “Buy” from the eight research firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $17.25.

DLO has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of DLocal from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. UBS Group raised shares of DLocal from a “neutral” rating to a “buy” rating and increased their target price for the stock from $16.00 to $20.00 in a research note on Wednesday, July 1st. Truist Financial decreased their price target on shares of DLocal from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. The Goldman Sachs Group reiterated a “buy” rating and set a $17.00 price objective on shares of DLocal in a report on Thursday, April 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th.

DLocal Price Performance

Shares of NASDAQ:DLO opened at $14.49 on Thursday. DLocal has a 1 year low of $9.81 and a 1 year high of $16.78. The business’s 50-day moving average is $12.69 and its 200-day moving average is $13.02. The company has a market capitalization of $4.27 billion, a price-to-earnings ratio of 23.00 and a beta of 0.97.

DLocal (NASDAQ:DLO) last released its earnings results on Thursday, May 14th. The company reported $0.17 EPS for the quarter, topping 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 business had revenue of $335.86 million during the quarter, compared to analysts’ expectations of $331.20 million. During the same quarter last year, the firm posted $0.15 earnings per share. The firm’s revenue was up 54.9% on a year-over-year basis. Analysts anticipate that DLocal will post 0.81 EPS for the current year.

Insider Buying and Selling

In other news, Director William Rodney Pruett acquired 20,000 shares of DLocal stock in a transaction on Friday, May 29th. The stock was purchased at an average price of $11.85 per share, with a total value of $237,000.00. Following the completion of the purchase, the director owned 108,043 shares of the company’s stock, valued at approximately $1,280,309.55. The trade was a 22.72% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sebastian Kanovich sold 1,000,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $14.63, for a total value of $14,630,000.00. Following the sale, the director owned 1,000,000 shares of the company’s stock, valued at approximately $14,630,000. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 45.44% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On DLocal

A number of large investors have recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in DLocal by 3.5% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 24,793 shares of the company’s stock worth $354,000 after buying an additional 837 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position 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 acquiring an additional 975 shares in the last quarter. Geode Capital Management LLC boosted its stake in DLocal by 0.8% during the 2nd quarter. Geode Capital Management LLC now owns 142,677 shares of the company’s stock valued at $1,618,000 after purchasing an additional 1,130 shares during the last quarter. Empowered Funds LLC boosted its stake in DLocal by 2.7% during the 1st quarter. Empowered Funds LLC now owns 48,688 shares of the company’s stock valued at $406,000 after purchasing an additional 1,281 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in DLocal by 17.1% during the 2nd quarter. Osaic Holdings Inc. now owns 9,108 shares of the company’s stock worth $103,000 after purchasing an additional 1,329 shares in the last quarter. 90.13% of the stock is currently owned by institutional investors.

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.