DLocal (DLO) to Release Quarterly Earnings on Wednesday

DLocal (NASDAQ:DLO) is scheduled to announce its earnings results after the market closes on Wednesday, August 14th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

DLocal (NASDAQ:DLO) last announced its earnings results on Tuesday, May 14th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). The firm had revenue of $184.43 million during the quarter, compared to the consensus estimate of $195.24 million. DLocal had a return on equity of 35.20% and a net margin of 18.83%. On average, analysts expect DLocal to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DLocal Stock Performance

DLO stock opened at $7.52 on Tuesday. The firm has a 50-day simple moving average of $7.81 and a two-hundred day simple moving average of $12.34. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.61 and a current ratio of 1.61. DLocal has a one year low of $6.57 and a one year high of $24.22. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of 17.09, a PEG ratio of 0.80 and a beta of 0.74.

Analysts Set New Price Targets

DLO has been the subject of several recent analyst reports. Susquehanna restated a “positive” rating and issued a $21.00 target price on shares of DLocal in a research note on Wednesday, May 15th. Citigroup dropped their target price on DLocal from $17.00 to $10.50 and set a “neutral” rating on the stock in a research note on Wednesday, June 5th. JPMorgan Chase & Co. lowered their price target on DLocal from $17.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday, May 29th. UBS Group upgraded shares of DLocal from a “sell” rating to a “neutral” rating and cut their price objective for the company from $13.00 to $9.00 in a report on Thursday, June 20th. Finally, The Goldman Sachs Group downgraded shares of DLocal from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $16.00 to $8.00 in a research report on Wednesday, June 26th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $14.06.

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.