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

Shares of DLocal Limited (NASDAQ:DLO) have received a consensus rating of “Moderate Buy” from the seven analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $18.8333.

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group raised their target price on DLocal from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Truist Financial increased their price objective on DLocal from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Thursday. Wall Street Zen lowered DLocal from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Weiss Ratings raised shares of DLocal from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 17th. Finally, UBS Group raised shares of DLocal from a “neutral” rating to a “buy” rating and upped their target price for the stock from $16.00 to $20.00 in a report on Wednesday, July 1st.

Insider Buying and Selling

In other DLocal news, Director Sebastian Kanovich sold 72,753 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $15.54, for a total transaction of $1,130,581.62. Following the transaction, the director owned 4,700 shares of the company’s stock, valued at approximately $73,038. The trade was a 93.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,103,153 shares of company stock valued at $16,231,782. 45.44% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of DLO. Hussman Strategic Advisors Inc. purchased a new position in DLocal during the fourth quarter worth about $2,969,000. Hsbc Holdings PLC purchased a new stake in shares of DLocal in the 1st quarter valued at approximately $18,037,000. Maxi Investments CY Ltd increased its holdings in shares of DLocal by 92.0% during the 4th quarter. Maxi Investments CY Ltd now owns 167,000 shares of the company’s stock worth $2,361,000 after buying an additional 80,000 shares during the last quarter. Paradice Investment Management LLC raised its position in shares of DLocal by 93.5% during the 4th quarter. Paradice Investment Management LLC now owns 1,943,360 shares of the company’s stock valued at $27,479,000 after buying an additional 938,938 shares during the period. Finally, BNP Paribas Financial Markets raised its position in shares of DLocal by 18.6% during the 4th quarter. BNP Paribas Financial Markets now owns 592,833 shares of the company’s stock valued at $8,383,000 after buying an additional 93,110 shares during the period. Institutional investors and hedge funds own 90.13% of the company’s stock.

DLocal Stock Down 1.4%

DLO stock opened at $15.14 on Friday. DLocal has a 52 week low of $10.64 and a 52 week high of $16.78. The firm has a 50-day simple moving average of $14.38 and a 200-day simple moving average of $13.17. The stock has a market capitalization of $4.47 billion, a P/E ratio of 22.60 and a beta of 0.97.

DLocal (NASDAQ:DLO) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.18 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.18. DLocal had a net margin of 15.04% and a return on equity of 41.64%. The firm had revenue of $399.66 million for the quarter, compared to analyst estimates of $366.77 million. During the same period last year, the company posted $0.14 EPS. DLocal’s quarterly revenue was up 55.9% compared to the same quarter last year. On average, analysts expect that DLocal will post 0.82 earnings per share for the current year.

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.