Key Points
- Director buying: DLocal director William Rodney Pruett bought 20,000 shares at $11.85 each, a $237,000 purchase that increased his holdings by 22.72%.
- Recent results were solid: The company recently reported Q1 earnings of $0.17 per share, beating estimates, while revenue rose 54.9% year over year to $335.86 million.
- Wall Street remains cautiously positive: Analysts currently rate DLocal as a Moderate Buy overall, with a consensus price target of $16.63 despite some recent mixed rating changes.
DLocal Limited (NASDAQ:DLO - Get Free Report) Director William Rodney Pruett bought 20,000 shares of the firm's stock in a transaction on Friday, May 29th. The stock was purchased at an average price of $11.85 per share, with a total value of $237,000.00. Following the completion of the acquisition, the director owned 108,043 shares of the company's stock, 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 filing with the Securities & Exchange Commission, which is available at this link.
DLocal Price Performance
Shares of DLO opened at $11.73 on Wednesday. DLocal Limited has a one year low of $9.75 and a one year high of $16.78. The company has a 50-day moving average of $12.81 and a two-hundred day moving average of $13.14. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 18.62 and a beta of 0.99.
DLocal (NASDAQ:DLO - Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.16 by $0.01. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The company had revenue of $335.86 million during the quarter, compared to analysts' expectations of $331.20 million. During the same period last year, the company posted $0.15 earnings per share. The business's revenue for the quarter was up 54.9% on a year-over-year basis. Analysts anticipate that DLocal Limited will post 0.81 earnings per share for the current year.
DLocal Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be issued a $0.1939 dividend. This represents a $0.78 annualized dividend and a dividend yield of 6.6%. The ex-dividend date is Wednesday, May 27th. DLocal's dividend payout ratio (DPR) is presently 122.22%.
Analysts Set New Price Targets
Several research analysts have commented on DLO shares. Weiss Ratings reiterated a "hold (c)" rating on shares of DLocal in a report on Monday, April 20th. The Goldman Sachs Group restated a "buy" rating and set a $17.00 price target on shares of DLocal in a report on Thursday, April 30th. Truist Financial decreased their price target on shares of DLocal from $16.00 to $15.00 and set a "buy" rating for the company in a report on Wednesday, May 27th. Finally, Wall Street Zen cut shares of DLocal from a "buy" rating to a "hold" rating in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, DLocal has an average rating of "Moderate Buy" and a consensus target price of $16.63.
Read Our Latest Stock Report on DLO
Institutional Trading of DLocal
Several institutional investors have recently made changes to their positions in DLO. Cria Inc. acquired a new stake in shares of DLocal during the fourth quarter worth approximately $56,560,000. Atmos Capital Gestao DE Recursos LTDA. acquired a new stake in shares of DLocal during the fourth quarter worth approximately $54,128,000. Azora Capital LP acquired a new stake in shares of DLocal during the fourth quarter worth approximately $21,888,000. Jain Global LLC acquired a new stake in shares of DLocal during the fourth quarter worth approximately $21,085,000. Finally, Hsbc Holdings PLC acquired a new stake in DLocal in the first quarter valued at approximately $18,037,000. 90.13% of the stock is currently owned by institutional investors and hedge funds.
About DLocal
(
Get Free Report)
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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