DLocal Limited (NASDAQ:DLO) Receives $12.61 Consensus PT from Analysts

DLocal Limited (NASDAQ:DLO - Get Free Report) has received an average rating of "Hold" from the nine brokerages that are currently covering the company, Marketbeat.com reports. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $12.61.

Separately, Barclays upped their price target on shares of DLocal from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research note on Monday, November 18th.

DLocal Stock Performance

DLocal stock traded down $0.13 during mid-day trading on Friday, hitting $11.50. 414,113 shares of the company's stock traded hands, compared to its average volume of 1,573,393. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.01. DLocal has a one year low of $6.57 and a one year high of $18.76. The firm has a 50 day moving average price of $10.40 and a 200 day moving average price of $8.96. The company has a market cap of $3.40 billion, a PE ratio of 28.75, a price-to-earnings-growth ratio of 3.36 and a beta of 0.89.

DLocal (NASDAQ:DLO - Get Free Report) last issued its quarterly earnings data on Wednesday, November 13th. The company reported $0.09 earnings per share for the quarter, meeting analysts' consensus estimates of $0.09. The business had revenue of $185.80 million for the quarter, compared to analysts' expectations of $181.47 million. DLocal had a net margin of 16.35% and a return on equity of 32.59%. The company's revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 earnings per share. On average, equities analysts forecast that DLocal will post 0.47 EPS for the current year.

Institutional Investors Weigh In On DLocal

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fourth Sail Capital LP increased its stake in shares of DLocal by 60.8% in the second quarter. Fourth Sail Capital LP now owns 2,397,770 shares of the company's stock worth $19,398,000 after acquiring an additional 906,561 shares during the last quarter. Sylebra Capital LLC purchased a new position in DLocal in the second quarter valued at about $13,565,000. Baillie Gifford & Co. increased its position in DLocal by 0.8% in the 3rd quarter. Baillie Gifford & Co. now owns 1,253,331 shares of the company's stock worth $10,027,000 after purchasing an additional 9,340 shares during the last quarter. Millennium Management LLC raised its stake in shares of DLocal by 151.2% during the 2nd quarter. Millennium Management LLC now owns 644,237 shares of the company's stock worth $5,212,000 after purchasing an additional 387,762 shares in the last quarter. Finally, State Street Corp raised its stake in shares of DLocal by 1.4% during the 3rd quarter. State Street Corp now owns 511,252 shares of the company's stock worth $4,090,000 after purchasing an additional 6,992 shares in the last quarter. 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.