Analysts Set DLocal Limited (NASDAQ:DLO) Price Target at $16.30

DLocal Limited (NASDAQ:DLOGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the twelve ratings firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $16.30.

DLO has been the topic of a number of research reports. UBS Group raised their target price on shares of DLocal from $10.00 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Truist Financial set a $16.00 price objective on DLocal and gave the stock a “buy” rating in a report on Thursday, December 11th. Citigroup lifted their target price on DLocal from $14.60 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. Wall Street Zen downgraded DLocal from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Itau BBA Securities started coverage on DLocal in a research note on Wednesday, December 17th. They set an “outperform” rating and a $21.00 price target on the stock.

Read Our Latest Stock Analysis on DLocal

DLocal Stock Down 1.8%

Shares of DLO opened at $14.33 on Thursday. The firm has a market capitalization of $4.48 billion, a P/E ratio of 25.59 and a beta of 1.13. DLocal has a 12-month low of $7.61 and a 12-month high of $16.78. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average price of $13.83 and a 200-day moving average price of $13.41.

DLocal (NASDAQ:DLOGet Free Report) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.17 EPS for the quarter. DLocal had a net margin of 17.80% and a return on equity of 37.66%. The company had revenue of $282.48 million for the quarter. Equities research analysts expect that DLocal will post 0.47 earnings per share for the current year.

Institutional Investors Weigh In On DLocal

Several large investors have recently modified their holdings of the business. IFP Advisors Inc bought a new position in shares of DLocal during the third quarter valued at approximately $26,000. Global Retirement Partners LLC purchased a new stake in DLocal during the third quarter worth $29,000. Jones Financial Companies Lllp boosted its position in DLocal by 221.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,816 shares of the company’s stock valued at $70,000 after acquiring an additional 3,316 shares in the last quarter. Activest Wealth Management bought a new stake in DLocal during the 2nd quarter valued at $80,000. Finally, Advisory Services Network LLC purchased a new position in shares of DLocal in the 3rd quarter valued at $103,000. Institutional investors own 90.13% of the company’s stock.

DLocal Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for DLocal (NASDAQ:DLO)

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