DLocal Limited (NASDAQ:DLO) Given Average Recommendation of “Moderate Buy” by Brokerages

DLocal Limited (NASDAQ:DLO) has received a consensus rating of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $18.6667.

Several analysts recently issued reports on the stock. The Goldman Sachs Group lifted their price target on shares of DLocal from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Friday, July 31st. UBS Group upgraded shares of DLocal from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $16.00 to $20.00 in a report on Wednesday, July 1st. Truist Financial lifted their price objective on shares of DLocal from $15.00 to $17.00 and gave the company a “buy” rating in a report on Friday, July 24th. Weiss Ratings upgraded shares of DLocal from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Finally, Wall Street Zen downgraded shares of DLocal from a “buy” rating to a “hold” rating in a research report on Monday, May 18th.

Insider Transactions at DLocal

In other news, Director Sebastian Kanovich sold 1,000,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $14.63, for a total value of $14,630,000.00. Following the completion of the sale, the director directly owned 1,000,000 shares of the company’s stock, valued at $14,630,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William Rodney Pruett bought 20,000 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was bought at an average price of $11.85 per share, for a total transaction of $237,000.00. Following the acquisition, the director directly owned 108,043 shares of the company’s stock, valued at approximately $1,280,309.55. This represents a 22.72% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 1,103,153 shares of company stock valued at $16,231,782 in the last quarter. Company insiders own 45.44% of the company’s stock.

Institutional Investors Weigh In On DLocal

A number of institutional investors and hedge funds have recently bought and sold shares of DLO. IFP Advisors Inc bought a new position in DLocal during the 3rd quarter valued at $26,000. Caitong International Asset Management Co. Ltd grew its stake 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 acquiring an additional 975 shares in the last quarter. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of DLocal in the fourth quarter valued at about $40,000. Banque Cantonale Vaudoise purchased a new stake in shares of DLocal in the first quarter valued at about $42,000. Finally, Kestra Advisory Services LLC bought a new position in shares of DLocal during the fourth quarter valued at about $95,000. 90.13% of the stock is owned by hedge funds and other institutional investors.

DLocal Stock Performance

Shares of DLocal stock opened at $14.34 on Friday. DLocal has a 52 week low of $10.64 and a 52 week high of $16.78. The stock has a 50 day moving average price of $14.11 and a two-hundred day moving average price of $13.10. The stock has a market capitalization of $4.23 billion, a PE ratio of 21.40 and a beta of 0.97.

DLocal (NASDAQ:DLO) last released its quarterly earnings data on Friday, August 14th. The company reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. DLocal had a return on equity of 41.64% and a net margin of 15.04%.The firm had revenue of $399.66 million during the quarter, compared to the consensus estimate of $366.77 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 55.9% on a year-over-year basis. Research analysts forecast that DLocal will post 0.82 EPS 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.