In the latest trading session, 8.87 million Nu Holdings Ltd (NYSE:NU) shares changed hands as the company’s beta touched 1.15. With the company’s most recent per share price at $14.45 changing hands around $0.0 or 0.03% at last look, the market valuation stands at $69.10B. NU’s current price is a discount, trading about -0.35% off its 52-week high of $14.50. The share price had its 52-week low at $6.62, which suggests the last value was 54.19% up since then. When we look at Nu Holdings Ltd’s average trading volume, we note the 10-day average is 40.47 million shares, with the 3-month average coming to 30.55 million.
Analysts gave the Nu Holdings Ltd (NU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.19. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended NU as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. Nu Holdings Ltd’s EPS for the current quarter is expected to be 0.11.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Nu Holdings Ltd (NYSE:NU) trade information
Instantly NU is in green as seen in intraday trades today. With action 8.03%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 73.53%, with the 5-day performance at 8.03% in the green. However, in the 30-day time frame, Nu Holdings Ltd (NYSE:NU) is 12.32% up. Looking at the short shares, we see there were 88.57 million shares sold at short interest cover period of 3.85 days.
The consensus price target for the stock as assigned by Wall Street analysts is 13.5, meaning bulls need a downside of -7.04% from its recent market value. According to analyst projections, NU’s forecast low is 7 with 16 as the target high. To hit the forecast high, the stock’s price needs a -10.73% plunge from its current level, while the stock would need to tank 51.56% for it to hit the projected low.
Nu Holdings Ltd (NU) estimates and forecasts
Data shows that the Nu Holdings Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 43.26% over the past 6 months, a 66.67% in annual growth rate that is considerably higher than the industry average of 15.40%. Year-over-year growth is forecast to reach 38.30% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 2.96B. 2 analysts are of the opinion that Nu Holdings Ltd’s revenue for the current quarter will be 3.15B. The company’s revenue for the corresponding quarters a year ago was 2.05B and 2.4B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 44.10%. The estimates for the next quarter sales put growth at 30.90%.
The 2024 estimates are for Nu Holdings Ltd earnings to increase by 70.51%, but the outlook for the next 5-year period is at 52.70% per year.
NU Dividends
Nu Holdings Ltd is expected to release its next quarterly earnings report on 2024-Nov-13.
Nu Holdings Ltd (NYSE:NU)’s Major holders
CAPITAL RESEARCH GLOBAL INVESTORS holds the second largest percentage of outstanding shares, with 4.5566% or 217.5 million shares worth $2.8 billion as of 2024-06-30.
