DLocal Limited (NASDAQ:DLO) Given Average Rating of “Buy” by Analysts

DLocal Limited (NASDAQ:DLO) has earned an average recommendation of “Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $17.50.

A number of equities analysts recently issued reports on DLO shares. The Goldman Sachs Group restated a “buy” rating and set a $17.00 price objective on shares of DLocal in a report on Thursday, April 30th. Truist Financial increased their target price on DLocal from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of DLocal in a research report on Friday, July 17th. Wall Street Zen lowered shares of DLocal from a “buy” rating to a “hold” rating in a research note on Monday, May 18th. Finally, UBS Group raised shares of DLocal from a “neutral” rating to a “buy” rating and boosted their target price for the company from $16.00 to $20.00 in a research note on Wednesday, July 1st.

Insider Transactions at DLocal

In related news, Director Sebastian Kanovich sold 25,700 shares of DLocal stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $15.50, for a total transaction of $398,350.00. Following the completion of the sale, the director owned 25,700 shares in the company, valued at $398,350. This trade represents a 50.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William Rodney Pruett acquired 20,000 shares of the stock in a transaction on Friday, May 29th. The stock was bought at an average cost of $11.85 per share, with a total value of $237,000.00. Following the completion of the transaction, the director owned 108,043 shares in the company, valued at $1,280,309.55. This trade represents a 22.72% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 45.44% of the company’s stock.

Institutional Trading of DLocal

Several institutional investors and hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd boosted its holdings in shares of DLocal by 114.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,826 shares of the company’s stock valued at $26,000 after purchasing an additional 975 shares during the period. IFP Advisors Inc bought a new position in DLocal in the third quarter worth approximately $26,000. University of Texas Texas AM Investment Management Co. purchased a new position in DLocal during the 4th quarter worth $40,000. Banque Cantonale Vaudoise purchased a new position in DLocal during the 1st quarter worth $42,000. Finally, Kestra Advisory Services LLC bought a new stake in DLocal during the 4th quarter valued at $95,000. Institutional investors own 90.13% of the company’s stock.

DLocal Price Performance

Shares of NASDAQ:DLO opened at $14.49 on Monday. The firm has a market capitalization of $4.27 billion, a PE ratio of 23.00 and a beta of 0.97. The business has a 50 day simple moving average of $13.05 and a two-hundred day simple moving average of $13.05. DLocal has a 1 year low of $9.81 and a 1 year high of $16.78.

DLocal (NASDAQ:DLO) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. DLocal had a return on equity of 41.22% and a net margin of 15.85%.The firm had revenue of $335.86 million for the quarter, compared to the consensus estimate of $331.20 million. During the same period in the prior year, the business posted $0.15 earnings per share. The company’s revenue for the quarter was up 54.9% on a year-over-year basis. Equities research analysts expect that DLocal will post 0.81 EPS for the current fiscal year.

DLocal Company Profile

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.