DLocal Limited (NASDAQ:DLO) Receives Average Rating of "Hold" from Analysts

Shares of DLocal Limited (NASDAQ:DLO - Get Free Report) have received a consensus rating of "Hold" from the nine ratings firms that are presently covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $11.94.

A number of analysts recently issued reports on DLO shares. Barclays lowered their price target on DLocal from $10.00 to $9.00 and set an "equal weight" rating for the company in a report on Monday, March 3rd. Susquehanna upped their target price on DLocal from $14.00 to $16.00 and gave the stock a "positive" rating in a report on Wednesday, January 29th. Morgan Stanley restated an "equal weight" rating and set a $10.00 price target (down previously from $11.00) on shares of DLocal in a research note on Friday, February 28th. The Goldman Sachs Group upped their price objective on shares of DLocal from $9.00 to $10.00 and gave the stock a "neutral" rating in a research note on Thursday, February 13th. Finally, JPMorgan Chase & Co. raised shares of DLocal from a "neutral" rating to an "overweight" rating and raised their target price for the company from $14.00 to $18.00 in a research report on Wednesday, February 26th.

DLocal Trading Up 4.7 %

DLocal stock traded up $0.39 during mid-day trading on Friday, hitting $8.62. The company's stock had a trading volume of 1,110,799 shares, compared to its average volume of 1,638,193. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.54 and a current ratio of 1.54. The company has a 50 day moving average of $11.78 and a 200-day moving average of $10.43. DLocal has a one year low of $6.57 and a one year high of $18.27. The stock has a market cap of $2.55 billion, a PE ratio of 21.55, a P/E/G ratio of 3.09 and a beta of 0.96.

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DLocal (NASDAQ:DLO - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.15 EPS for the quarter, hitting analysts' consensus estimates of $0.15. DLocal had a net margin of 16.35% and a return on equity of 32.59%. The firm had revenue of $204.49 million for the quarter, compared to analysts' expectations of $204.98 million. On average, research analysts anticipate that DLocal will post 0.47 EPS for the current year.

Institutional Trading of DLocal

A number of institutional investors have recently made changes to their positions in DLO. Vident Advisory LLC raised its stake in DLocal by 6.3% in the fourth quarter. Vident Advisory LLC now owns 15,622 shares of the company's stock valued at $176,000 after buying an additional 929 shares during the last quarter. State of Wyoming increased its holdings in shares of DLocal by 12.3% in the fourth quarter. State of Wyoming now owns 28,240 shares of the company's stock valued at $318,000 after purchasing an additional 3,087 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of DLocal by 4.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,277 shares of the company's stock worth $1,478,000 after purchasing an additional 5,853 shares during the last quarter. J. Goldman & Co LP lifted its holdings in shares of DLocal by 175.5% during the fourth quarter. J. Goldman & Co LP now owns 1,351,181 shares of the company's stock worth $15,214,000 after purchasing an additional 860,681 shares during the period. Finally, Crestline Management LP boosted its position in DLocal by 148.2% in the fourth quarter. Crestline Management LP now owns 134,903 shares of the company's stock valued at $1,519,000 after buying an additional 80,551 shares during the last quarter. Institutional investors and hedge funds 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.