DLocal Limited (NASDAQ: DLO) is -51.33% lower on its value in year-to-date trading and has touched a low of $6.57 and a high of $19.94 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DLO stock was last observed hovering at around $8.10 in the last trading session, with the day’s gains setting it 0.51%.
Currently trading at $8.61, the stock is 3.53% and 6.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 6.30% at the moment leaves the stock -30.50% off its SMA200. DLO registered -56.12% loss for a year compared to 6-month loss of -45.64%. The firm has a 50-day simple moving average (SMA 50) of $8.14 and a 200-day simple moving average (SMA200) of $12.348025.
The stock witnessed a 0.47% gain in the last 1 month and extending the period to 3 months gives it a 7.49%, and is 7.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.54% over the week and 3.94% over the month.
DLocal Limited (DLO) has around 901 employees, a market worth around $2.45B and $697.49M in sales. Current P/E ratio is 19.13 and Fwd P/E is 14.36. Profit margin for the company is 18.81%. Distance from 52-week low is 30.95% and -56.82% from its 52-week high. The company has generated returns on investments over the last 12 months (27.35%).
DLocal Limited quarterly earnings per share for the current quarter are estimated at 0.1 with sales reaching $183.04M over the same period.The EPS is expected to shrink by -9.42% this year, but quarterly earnings will post 15.10% year-over-year.
The shares outstanding are 161.94M, and float is at 68.76M with Short Float at 23.72%.
The top institutional shareholder in the company is GENERAL ATLANTIC, L.P. with over 63.91 million shares valued at $517.01 million. The investor’s holdings represent 21.5833 of the DLO Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 4.57 million shares valued at $36.94 million to account for 1.542 of the shares outstanding. The other top investors are ALKEON CAPITAL MANAGEMENT LLC which holds 4.55 million shares representing 1.5353 and valued at over $36.78 million, while MARCHO PARTNERS LLP holds 1.3574 of the shares totaling 4.02 million with a market value of $32.51 million.
