DLocal Limited (NASDAQ:DLO) shares traded 13.39% higher at $15.50 on Wall Street last session.
In accordance with the data, 12 analysts cover DLocal Limited (NASDAQ:DLO). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $25.00 and a low of $10.00, we find $16.00. Given the previous closing price of $13.67, this indicates a potential upside of 17.04 percent. DLO stock price is now 19.07% away from the 50-day moving average and 4.96% away from the 200-day moving average. The market capitalization of the company currently stands at $4.57B.
It has been rated a hold by 6 analysts and a buy by 3. Brokers who have rated the stock have averaged $16.25 as their price target over the next twelve months.
With the price target maintained at $16, BofA Securities recently Downgraded its rating from Buy to Neutral for DLocal Limited (NASDAQ: DLO).
A total of 11.13% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in DLO stock. A new stake in DLocal Limited shares was purchased by ATMOS CAPITAL GESTAO DE RECURSOS LTDA. during the first quarter worth $28,955,000. MILLENNIUM MANAGEMENT LLC invested $13,890,000 in shares of DLO during the first quarter. In the first quarter, MARSHALL WACE, LLP acquired a new stake in DLocal Limited valued at approximately $11,629,000. MARCHO PARTNERS LLP acquired a new stake in DLO for approximately $8,612,000. ETF MANAGERS GROUP, LLC purchased a new stake in DLO valued at around $7,027,000 in the second quarter. In total, there are 144 active investors with 91.10% ownership of the company’s stock.
DLocal Limited (NASDAQ: DLO) opened at $13.42 on Tuesday. During the past 12 months, DLocal Limited has had a low of $9.03 and a high of $30.51. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 1.80, and a quick ratio of 1.80. According to the stock market information, the enterprise value for the company is $3.50B, which is based on a 41.11 price-to-earnings ratio, a 1.51 price-to-earnings-growth ratio, and a beta of 1.14. The fifty day moving average price for DLO is $13.12 and a two-hundred day moving average price translates $14.74 for the stock.
The latest earnings results from DLocal Limited (NASDAQ: DLO) was released for Mar, 2023. According to the Software – Infrastructure Company, earnings per share came in at $0.11, inline with analysts’ expectations of $0.11. This compares to $0.08 EPS in the same period last year. The net profit margin was 25.10% and return on equity was 31.00% for DLO. The company reported revenue of $137.29 million for the quarter, compared to $87.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 56.98 percent. For the current quarter, analysts expect DLO to generate $149.39M in revenue.
DLocal Limited(DLO) Company Profile
DLocal Limited operates a payment processing platform worldwide. Its payments platform enables merchants to get paid and to make payments online. The company serves commerce, streaming, ride-hailing, financial services, advertising, software as a service, travel, e-learning, on-demand delivery, gaming, and crypto industries. DLocal Limited was founded in 2016 and is headquartered in Montevideo, Uruguay.
