DLocal Limited (NASDAQ:DLO – Get Free Report) has been assigned a consensus rating of “Buy” from the eight brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $17.25.
Several equities analysts have recently weighed in on DLO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. UBS Group raised DLocal from a “neutral” rating to a “buy” rating and lifted their target price for the company from $16.00 to $20.00 in a report on Wednesday. The Goldman Sachs Group reiterated a “buy” rating and set a $17.00 price target on shares of DLocal in a research report on Thursday, April 30th. Truist Financial cut their price objective on shares of DLocal from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Finally, Wall Street Zen cut shares of DLocal from a “buy” rating to a “hold” rating in a research note on Monday, May 18th.
Read Our Latest Research Report on DLocal
DLocal Trading Up 12.9%
DLocal (NASDAQ:DLO – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The business had revenue of $335.86 million during the quarter, compared to analyst estimates of $331.20 million. During the same period in the previous year, the business earned $0.15 EPS. DLocal’s revenue was up 54.9% compared to the same quarter last year. On average, equities analysts predict that DLocal will post 0.81 EPS for the current year.
Insider Transactions at DLocal
In other news, Director William Rodney Pruett purchased 20,000 shares of the business’s stock in a transaction on Friday, May 29th. The stock was purchased at an average cost of $11.85 per share, with a total value of $237,000.00. Following the acquisition, the director directly owned 108,043 shares in the company, valued at approximately $1,280,309.55. This trade represents a 22.72% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 45.44% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in DLO. Cria Inc. bought a new stake in DLocal during the fourth quarter valued at $56,560,000. Atmos Capital Gestao DE Recursos LTDA. purchased a new stake in shares of DLocal in the 4th quarter valued at about $54,128,000. Azora Capital LP purchased a new stake in shares of DLocal in the 4th quarter valued at about $21,888,000. Jain Global LLC purchased a new stake in shares of DLocal in the 4th quarter valued at about $21,085,000. Finally, Hsbc Holdings PLC bought a new stake in shares of DLocal during the 1st quarter valued at about $18,037,000. Institutional investors own 90.13% of the company’s stock.
About DLocal
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.
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