Streetbeat News

DLO

DLocal Limited

https://www.dlocal.com

Industry

Software - Infrastructure

DLocal Limited operates a payments platform in the United States, Europe, China, and internationally. 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.

Open

10.30

Mkt cap

2.8B

Volume

2.3M

High

10.35

P/E Ratio

22.48

52-wk high

19.45

Low

9.61

Div yield

N/A

52-wk low

6.58

DLocal (NASDAQ:DLO) has received mixed analyst ratings over the past three months, with 4 analysts offering insights. The sentiment has shifted slightly positive with 2 bullish and 2 somewhat bullish ratings recently. The average 12-month price target is now $21.00, down from $23.00, indicating a potential downside. Financial performance highlights include a revenue growth rate of 46.54%, a net margin of 24.59%, and an ROE of 9.84%, positioning DLocal strongly in its sector.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 4:00 pm

Susquehanna analyst James Friedman maintains a Positive rating on DLocal (NASDAQ:DLO) but lowers the price target from $24 to $21.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 3:58 pm

Goldman Sachs analyst Tito Labarta maintains a Buy rating on DLocal (NASDAQ:DLO) but lowers the price target from $21 to $18.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 3:00 pm

Peraso Inc. reported worse-than-expected Q4 EPS results, causing its shares to fall by over 23%. Other stocks experienced significant movements, with notable gainers including Ontrak, Fusion Pharmaceuticals, and Spire Global, among others. Losers included Greenwave Technology Solutions, Seelos Therapeutics, and Comtech Telecommunications, with various reasons such as disappointing financial results, downgrades, and restructuring of debt.

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 5:48 pm

Fusion Pharmaceuticals Inc. (FUSN) shares surged approximately 95% in pre-market trading after AstraZeneca announced its acquisition of the company for about $2 billion in cash. Other stocks showed significant movement in pre-market trading, with notable gainers including Ontrak, Inc. (OTRK), Zoomcar Holdings, Inc. (ZCAR), and Li-Cycle Holdings Corp. (LICY), among others. Conversely, several stocks experienced declines, such as Greenwave Technology Solutions, Inc. (GWAV), JOANN Inc. (JOAN), and ShiftPixy, Inc. (PIXY).

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 12:11 pm

dLocal shares are trading lower following mixed Q4 financial results, updated guidance, and the announcement of a new CFO.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 11:06 am

DLocal reported mixed Q4 results, missing EPS estimates but beating sales forecasts, and announced a new CFO, causing shares to drop 13.3% in pre-market trading. Other stocks like StoneCo, MicroStrategy, Bitdeer Technologies, Beyond Meat, Brand Engagement Network, Coinbase, CleanSpark, and PagSeguro also saw pre-market declines due to various factors including financial results, shelf offerings, and market conditions.

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 10:06 am

dLocal's stock is trading lower following the announcement of mixed Q4 financial results, future guidance, and the introduction of a new CFO.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 8:30 pm

dLocal has appointed Mark Ortiz as its new CFO, replacing Diego Cabrera Canay. Ortiz will oversee various financial and accounting functions, reporting directly to CEO Pedro Arnt. This move aims to strengthen dLocal's leadership team.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 8:04 pm

dLocal, a prominent payment platform, has announced the appointment of Mark Ortiz as its new Chief Financial Officer (CFO). This strategic move is expected to strengthen the company's financial leadership and support its ongoing growth and expansion efforts.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 8:03 pm

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