It’s still a bull thesis, just subverted: DLocal Limited (DLO)

At the time of writing, DLocal Limited [DLO] stock is trading at $13.20, down -2.29%. An important factor to consider is whether the stock is rising or falling in short-term value. The DLO shares have gain 9.27% over the last week, with a monthly amount glided 17.75%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

DLocal Limited [NASDAQ: DLO] stock has seen the most recent analyst activity on June 26, 2024, when Goldman downgraded its rating to a Neutral and also revised its price target to $8 from $16. Previously, UBS upgraded its rating to Neutral on June 20, 2024, and dropped its price target to $9. New Street upgraded its rating to a Buy and increased its price target to $24 on January 09, 2024. Barclays upgraded its rating to a Equal Weight and raised its price target to $18 on December 11, 2023. BofA Securities downgraded its rating to Neutral for this stock on August 03, 2023, but kept the price target unchanged to $16. In a note dated July 25, 2023, Susquehanna initiated an Positive rating and provided a target price of $18.50 on this stock.

For the past year, the stock price of DLocal Limited fluctuated between $6.57 and $18.27. Currently, Wall Street analysts expect the stock to reach $10.33 within the next 12 months. DLocal Limited [NASDAQ: DLO] shares were valued at $13.20 at the most recent close of the market. An investor can expect a potential drop of -21.74% based on the average DLO price forecast.

Analyzing the DLO fundamentals

According to DLocal Limited [NASDAQ:DLO], the company’s sales were 707.64M for trailing twelve months, which represents an 6.29% jump. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.26 and Total Capital is 0.3. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.07 points at the first support level, and at 12.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.44, and for the 2nd resistance point, it is at 13.69.

Ratios To Look Out For

It is important to note that DLocal Limited [NASDAQ:DLO] has a current ratio of 1.50. On the other hand, the Quick Ratio is 1.50, and the Cash Ratio is 0.79. Considering the valuation of this stock, the price to sales ratio is 5.31, the price to book ratio is 8.83 and price to earnings (TTM) ratio is 29.23.

Transactions by insiders

Recent insider trading involved JOHN OBRIEN, Officer, that happened on Nov 22 ’24 when 63066.0 shares were purchased.

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