Shares of DLocal Limited (NASDAQ:DLO – Get Free Report) have received an average recommendation of “Hold” from the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $12.50.
A number of equities research analysts recently issued reports on DLO shares. Bank of America upped their price objective on shares of DLocal from $7.50 to $8.00 and gave the company a “neutral” rating in a report on Thursday, August 15th. The Goldman Sachs Group lowered shares of DLocal from a “buy” rating to a “neutral” rating and reduced their price target for the company from $16.00 to $8.00 in a research report on Wednesday, June 26th. UBS Group upgraded DLocal from a “sell” rating to a “neutral” rating and lowered their price objective for the stock from $13.00 to $9.00 in a research report on Thursday, June 20th. Susquehanna cut their target price on DLocal from $21.00 to $14.00 and set a “positive” rating for the company in a research note on Thursday, August 15th. Finally, JPMorgan Chase & Co. decreased their price target on DLocal from $17.00 to $14.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 29th.
Read Our Latest Report on DLocal
Institutional Inflows and Outflows
DLocal Trading Down 2.3 %
Shares of DLocal stock opened at $8.52 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.61 and a quick ratio of 1.61. The stock’s 50 day simple moving average is $7.86 and its 200-day simple moving average is $11.85. The stock has a market cap of $2.52 billion, a P/E ratio of 19.36, a P/E/G ratio of 0.80 and a beta of 0.74. DLocal has a 1-year low of $6.57 and a 1-year high of $23.00.
DLocal (NASDAQ:DLO – Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.06. DLocal had a return on equity of 35.20% and a net margin of 18.83%. The company had revenue of $171.30 million for the quarter, compared to analyst estimates of $203.18 million. During the same quarter in the previous year, the company posted $0.15 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. Analysts predict that DLocal will post 0.44 EPS for the current fiscal year.
DLocal Company Profile
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.
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