DLocal (DLO) Expected to Announce Quarterly Earnings on Thursday

DLocal (NASDAQ:DLO) is expected to be releasing its earnings data after the market closes on Thursday, February 27th. Analysts expect DLocal to post earnings of $0.15 per share and revenue of $204.98 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

DLocal Trading Up 1.5 %

Shares of NASDAQ DLO opened at $12.79 on Tuesday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.01. The stock’s 50 day moving average price is $12.21 and its two-hundred day moving average price is $10.28. DLocal has a 52-week low of $6.57 and a 52-week high of $18.27. The stock has a market capitalization of $3.79 billion, a P/E ratio of 31.98, a PEG ratio of 3.09 and a beta of 0.90.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on DLO shares. Susquehanna lifted their price objective on shares of DLocal from $14.00 to $16.00 and gave the stock a “positive” rating in a report on Wednesday, January 29th. The Goldman Sachs Group lifted their price target on shares of DLocal from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Thursday, February 13th. Finally, Barclays boosted their price objective on shares of DLocal from $9.00 to $10.00 and gave the company an “equal weight” rating in a research report on Friday, January 17th. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, DLocal currently has an average rating of “Hold” and a consensus target price 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.