DLocal (NASDAQ:DLO) Lowered to “Buy” Rating by Wall Street Zen

DLocal (NASDAQ:DLO) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.

DLO has been the topic of several other reports. UBS Group boosted their target price on DLocal from $10.00 to $15.00 and gave the stock a “neutral” rating in a report on Monday, October 20th. Citigroup boosted their price objective on DLocal from $14.60 to $17.00 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DLocal in a research note on Wednesday, October 8th. The Goldman Sachs Group set a $19.00 price target on shares of DLocal and gave the company a “buy” rating in a research report on Tuesday, October 14th. Finally, Morgan Stanley set a $15.00 price objective on shares of DLocal in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $15.67.

DLocal Price Performance

DLO stock traded down $0.01 during midday trading on Friday, reaching $13.59. The stock had a trading volume of 2,312,589 shares, compared to its average volume of 2,177,696. DLocal has a 52-week low of $7.61 and a 52-week 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 company’s fifty day simple moving average is $14.47 and its 200 day simple moving average is $12.24. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 28.31 and a beta of 1.13.

DLocal (NASDAQ:DLO) last issued its earnings results on Wednesday, August 13th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The business had revenue of $256.50 million during the quarter, compared to analysts’ expectations of $226.71 million. DLocal had a net margin of 16.90% and a return on equity of 36.85%. The company’s quarterly revenue was up 49.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.15 earnings per share. DLocal has set its FY 2025 guidance at EPS. As a group, sell-side analysts predict that DLocal will post 0.47 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DLO. Lane Generational LLC lifted its holdings in DLocal by 27.5% during the 1st quarter. Lane Generational LLC now owns 525,530 shares of the company’s stock worth $4,383,000 after buying an additional 113,297 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of DLocal by 4.1% in the first quarter. Goldman Sachs Group Inc. now owns 575,111 shares of the company’s stock valued at $4,796,000 after acquiring an additional 22,803 shares in the last quarter. Virtu Financial LLC boosted its holdings in DLocal by 203.9% in the first quarter. Virtu Financial LLC now owns 38,267 shares of the company’s stock valued at $319,000 after purchasing an additional 25,676 shares during the period. Fox Run Management L.L.C. acquired a new position in DLocal during the 1st quarter worth $245,000. Finally, Tikvah Management LLC increased its holdings in DLocal by 16.9% during the 1st quarter. Tikvah Management LLC now owns 1,054,499 shares of the company’s stock worth $8,795,000 after purchasing an additional 152,699 shares during the period. Hedge funds and other institutional investors own 90.13% of the company’s stock.

About DLocal

DLocal Limited operates a payment processing platform worldwide. The company offers pay-in solution which the business and get paid for their products and services through various payment methods, including international and local cards, online bank transfers and direct debit, cash, and alternative payment methods.