DLocal (DLO) to Release Earnings on Tuesday

DLocal (NASDAQ:DLO) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, May 14th. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

DLocal (NASDAQ:DLO) last released its quarterly earnings data on Monday, March 18th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The company had revenue of $188.01 million during the quarter, compared to the consensus estimate of $169.85 million. DLocal had a net margin of 22.92% and a return on equity of 40.57%. On average, analysts expect DLocal to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DLocal Stock Performance

Shares of NASDAQ:DLO opened at $13.26 on Monday. The firm’s 50 day simple moving average is $15.47 and its 200 day simple moving average is $16.64. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of 27.06, a P/E/G ratio of 0.88 and a beta of 0.94. DLocal has a fifty-two week low of $9.04 and a fifty-two week high of $24.22. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.63 and a quick ratio of 1.63.

Analysts Set New Price Targets

A number of research analysts recently weighed in on DLO shares. Barclays decreased their target price on shares of DLocal from $18.00 to $17.00 and set an “equal weight” rating for the company in a research report on Thursday, March 21st. Citigroup assumed coverage on DLocal in a research report on Friday, April 19th. They set a “neutral” rating and a $17.00 price target on the stock. Susquehanna cut their price objective on DLocal from $24.00 to $21.00 and set a “positive” rating for the company in a report on Tuesday, March 19th. HSBC lowered their target price on shares of DLocal from $19.00 to $17.00 and set a “hold” rating on the stock in a report on Friday, April 5th. Finally, JPMorgan Chase & Co. cut their price target on shares of DLocal from $17.50 to $17.00 and set a “neutral” rating for the company in a research note on Monday, April 1st. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $18.38.

About DLocal

DLocal Limited operates a payment processing platform worldwide. The company offers pay-in solution which the business and get paid for their products and services through various payment methods, including international and local cards, online bank transfers and direct debit, cash, and alternative payment methods.