DLocal (DLO) to Release Quarterly Earnings on Thursday

DLocal (NASDAQ:DLO) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $204.98 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

DLocal Stock Down 2.1 %

DLO opened at $13.41 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.54 and a quick ratio of 1.54. The business has a 50 day simple moving average of $12.15 and a 200-day simple moving average of $10.15. The stock has a market capitalization of $3.97 billion, a P/E ratio of 33.53, a P/E/G ratio of 3.20 and a beta of 0.90. DLocal has a 12 month low of $6.57 and a 12 month high of $18.27.

Analyst Upgrades and Downgrades

Several research firms have recently commented on DLO. The Goldman Sachs Group raised their price target on DLocal from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Thursday, February 13th. Barclays raised their price objective on DLocal from $9.00 to $10.00 and gave the company an “equal weight” rating in a research note on Friday, January 17th. Finally, Susquehanna raised their price objective on DLocal from $14.00 to $16.00 and gave the company a “positive” rating in a research note on Wednesday, January 29th. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, DLocal presently has an average rating of “Hold” and an average price target of $11.81.

About DLocal

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.