DLocal Limited (NASDAQ:DLO) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of DLocal Limited (NASDAQ:DLO) have been assigned an average rating of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $17.00.

DLO has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of DLocal in a research report on Wednesday, January 21st. JPMorgan Chase & Co. decreased their price target on shares of DLocal from $18.50 to $18.00 and set an “overweight” rating for the company in a research note on Monday, February 2nd. Truist Financial lowered their price target on shares of DLocal from $17.00 to $15.00 and set a “buy” rating for the company in a research report on Tuesday, March 17th. Finally, Itau BBA Securities assumed coverage on shares of DLocal in a research note on Wednesday, December 17th. They set an “outperform” rating and a $21.00 price objective on the stock.

DLocal Stock Performance

DLO stock opened at $12.72 on Tuesday. DLocal has a fifty-two week low of $7.61 and a fifty-two week high of $16.78. The business’s 50 day moving average price is $12.85 and its two-hundred day moving average price is $13.71. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 19.88 and a beta of 1.14.

DLocal (NASDAQ:DLO) last announced its earnings results on Wednesday, March 18th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. DLocal had a return on equity of 40.40% and a net margin of 18.00%.The firm had revenue of $337.89 million during the quarter, compared to analyst estimates of $294.29 million. During the same quarter in the prior year, the company earned $0.10 EPS. The business’s revenue was up 65.2% compared to the same quarter last year. Sell-side analysts forecast that DLocal will post 0.47 earnings per share for the current year.

DLocal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be given a $0.1939 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, May 27th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cria Inc. purchased a new position in DLocal during the fourth quarter valued at $56,560,000. Atmos Capital Gestao DE Recursos LTDA. bought a new position in shares of DLocal during the fourth quarter valued at $54,128,000. Marshall Wace LLP increased its holdings in shares of DLocal by 18.9% during the fourth quarter. Marshall Wace LLP now owns 3,662,772 shares of the company’s stock valued at $51,792,000 after acquiring an additional 582,718 shares in the last quarter. Baillie Gifford & Co. boosted its stake in DLocal by 12.2% in the 4th quarter. Baillie Gifford & Co. now owns 2,996,660 shares of the company’s stock worth $42,373,000 after purchasing an additional 326,537 shares in the last quarter. Finally, Paradice Investment Management LLC grew its position in DLocal by 93.5% during the 4th quarter. Paradice Investment Management LLC now owns 1,943,360 shares of the company’s stock valued at $27,479,000 after purchasing an additional 938,938 shares during the last quarter. Institutional investors own 90.13% of the company’s stock.

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.