DLocal (NASDAQ:DLO – Get Score) was downgraded by equities researchers at Sumitomo Mitsui Monetary Group from a “impartial” score to an “underperform” score in a analysis be aware issued to traders on Monday, Briefing.com studies. They at present have a $22.00 value goal on the inventory, down from their earlier value goal of $28.00. Sumitomo Mitsui Monetary Group’s value goal factors to a possible draw back of two.74% from the inventory’s present value.
DLocal Inventory Efficiency
DLO opened at $22.62 on Monday. The corporate has a fast ratio of 1.80, a present ratio of 1.80 and a debt-to-equity ratio of 0.01. The corporate has a market cap of $6.67 billion, a price-to-earnings ratio of 70.69, a PEG ratio of 1.04 and a beta of 1.45. DLocal has a 52-week low of $15.19 and a 52-week excessive of $67.88. The agency’s fifty day easy shifting common is $27.09 and its two-hundred day easy shifting common is $26.85.
DLocal (NASDAQ:DLO – Get Score) final posted its quarterly earnings information on Tuesday, August 23rd. The corporate reported $0.10 earnings per share (EPS) for the quarter, assembly the consensus estimate of $0.10. The enterprise had income of $101.18 million for the quarter, in comparison with the consensus estimate of $98.53 million. DLocal had a web margin of 30.01% and a return on fairness of 33.69%. The corporate’s income was up 71.6% in comparison with the identical quarter final 12 months. Throughout the identical interval final 12 months, the agency posted $0.06 earnings per share. Equities analysts anticipate that DLocal will publish 0.42 earnings per share for the present fiscal 12 months.
Hedge Funds Weigh In On DLocal
Hedge funds and different institutional traders have lately modified their holdings of the enterprise. Prospera Monetary Providers Inc bought a brand new place in shares of DLocal within the first quarter price about $111,000. Goldman Sachs Group Inc. raised its stake in DLocal by 68.1% throughout the fourth quarter. Goldman Sachs Group Inc. now owns 2,640,107 shares of the corporate’s inventory price $94,225,000 after buying an extra 1,069,530 shares throughout the interval. Granite Level Capital Administration L.P. bought a brand new place in DLocal throughout the first quarter price about $625,000. Coronation Fund Managers Ltd. bought a brand new place in DLocal throughout the first quarter price about $14,561,000. Lastly, Wasatch Advisors Inc. raised its stake in DLocal by 125.9% throughout the fourth quarter. Wasatch Advisors Inc. now owns 2,671,224 shares of the corporate’s inventory price $95,336,000 after buying an extra 1,488,814 shares throughout the interval. 47.89% of the inventory is owned by hedge funds and different institutional traders.
DLocal Firm Profile
(Get Score)
DLocal Restricted operates a funds platform in the US, Europe, China, and internationally. Its funds platform allows retailers to receives a commission and to make funds on-line. The corporate serves commerce, streaming, ride-hailing, monetary providers, promoting, software program as a service, journey, e-learning, on-demand supply, gaming, and crypto industries.
Additional Studying
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