The stock of DLocal Limited (NASDAQ:DLO) increased by $0.99 on Tuesday to at $21.17, up 4.90 percent. The last five days have seen an average of 1,670,660 shares of common stock traded. 8 times new highs were reached in the current year, with a gain of $5.45. The average number of shares traded over the last 20 days was 4,193,440, while the average volume over the last 50 days totaled 2,191,938.
DLO stock appreciated 39.54% since last month. On 08/14/23, the company’s shares reached a one-month low of $12.34. The stock touched a high of $27.59 on 08/16/23, after rallying from a low of $9.03 in 52 weeks. The price of DLO stock has risen by 35.96% or $5.45 this year, reaching a new high 8 times. Still, the stock price is down -23.27% from the 52-week high.
Valuation Metrics
DLocal Limited (DLO) has a trailing price-to-earnings (P/E) ratio of 49.93. Beta for the stock is 0.93. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 11.17, the price-to-book (PB) ratio of 15.92, and the price-to-cash flow ratio of 23.34.
Financial Health
For the three months ended June 29, DLocal Limited’s quick ratio was 1.50, while its current ratio was 1.50, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.01, and the total debt to equity ratio is 0.01. As far as profitability goes, gross margin for the trailing twelve months is 45.70% percent. DLocal Limited’s EBITDA margin for the year ended June 29 was 36.67%, whereas its operating margin stood at 28.50% for the same period. Based on annual data, it had gross profit of $202.17 million and revenue of $418.93 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. DLO’s return on assets (ROA) during the last 12 months has been 14.90%. There was a 28.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 33.70%.
Earnings Surprise
According to DLocal Limited’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $418.93 million, while revenues rose by 41.73% to $0.0. It was predicted that DLocal Limited’s quarterly earnings would be $0.15, but it ended up being $0.13, beating the consensus by 15.40%. EBITDA was $50.47 million for the quarter. At the end of DLocal Limited’s most recent quarter ended June 29, its liabilities totaled 619.79 million, while its total debt was $3.97 million.
Technical Picture
Here’s a quick look at DLocal Limited’s (DLO) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 75.84%, suggesting the stock is Overbought, with a 145.28% historical volatility rate.
The stochastic %K and %D were 66.40% and 60.49% respectively, while the average true range (ATR) was 1.35. Based on the 14-day stochastic reading of 73.08%, the RSI (14) reading is 73.10%. On the 9-day MACD Oscillator, the stock is at 0.84, and the 14-day reading is at 2.40.
Analyst Ratings
DLocal Limited (NASDAQ: DLO) was downgraded by BofA Securities to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned DLocal Limited (DLO) an Hold rating. DLO is a stock that is recommended for selling by 3 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.
What is DLO’s price target for the next 12 months?
The current consensus forecast for the stock is between $12.00 and $25.00, with a median target price of $16.50. In analyzing these forecasts, the average price target given by analysts for DLocal Limited (DLO) is $18.50.
