DLocal Limited (NASDAQ:DLO) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of DLocal Limited (NASDAQ:DLO) have been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $16.7778.

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of DLocal from $18.50 to $18.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of DLocal in a research note on Monday, April 20th. Wall Street Zen raised DLocal from a “hold” rating to a “buy” rating in a research note on Sunday. Truist Financial lowered their target price on DLocal from $17.00 to $15.00 and set a “buy” rating for the company in a research note on Tuesday, March 17th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $17.00 target price on shares of DLocal in a research note on Thursday, April 30th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DLO. Royal Bank of Canada raised its stake in DLocal by 562.7% during the first quarter. Royal Bank of Canada now owns 48,668 shares of the company’s stock worth $406,000 after acquiring an additional 41,324 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in DLocal by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 575,111 shares of the company’s stock worth $4,796,000 after acquiring an additional 22,803 shares in the last quarter. Empowered Funds LLC raised its stake in DLocal by 2.7% during the first quarter. Empowered Funds LLC now owns 48,688 shares of the company’s stock worth $406,000 after acquiring an additional 1,281 shares in the last quarter. Geode Capital Management LLC raised its stake in DLocal by 0.8% during the second quarter. Geode Capital Management LLC now owns 142,677 shares of the company’s stock worth $1,618,000 after acquiring an additional 1,130 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of DLocal in the second quarter valued at approximately $254,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

DLocal Stock Down 4.3%

DLO opened at $12.69 on Wednesday. DLocal has a twelve month low of $9.56 and a twelve month high of $16.78. The company has a 50-day simple moving average of $12.80 and a 200 day simple moving average of $13.41. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 19.83 and a beta of 1.04.

DLocal (NASDAQ:DLO) last posted its quarterly earnings data on Thursday, March 19th. The company reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. DLocal had a net margin of 18.00% and a return on equity of 40.40%. The business had revenue of $337.89 million during the quarter, compared to analysts’ expectations of $294.29 million. During the same quarter in the prior year, the business posted $0.10 earnings per share. DLocal’s revenue was up 65.2% compared to the same quarter last year. Sell-side analysts anticipate that DLocal will post 0.85 EPS for the current fiscal year.

DLocal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.1939 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.78 annualized dividend and a yield of 6.1%. DLocal’s payout ratio is presently 120.31%.

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.