Nu Holdings Ltd (NYSE:NU) has a beta value of 1.17 and has seen 3.6 million shares traded in the recent trading session. The company, currently valued at $71.39B, closed the recent trade at $14.94 per share which meant it gained $0.14 on the day or 0.91% during that session. The NU stock price is -1.47% off its 52-week high price of $15.16 and 54.69% above the 52-week low of $6.77. If we look at the company’s 10-day average daily trading volume, we find that it stood at 25.3 million shares traded. The 3-month trading volume is 41.54 million shares.
The consensus among analysts is that Nu Holdings Ltd (NU) is Buy stock at the moment, with a recommendation rating of 2.19. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 9 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.11.
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Nu Holdings Ltd (NYSE:NU) trade information
Sporting 0.91% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the NU stock price touched $14.94 or saw a rise of 1.06%. Year-to-date, Nu Holdings Ltd shares have moved 79.29%, while the 5-day performance has seen it change 0.57%. Over the past 30 days, the shares of Nu Holdings Ltd (NYSE:NU) have changed 2.08%. Short interest in the company has seen 84.9 million shares shorted with days to cover at 1.41.
Wall Street analysts have a consensus price target for the stock at $13.5, which means that the shares’ value could drop -10.67% from the levels at last check today. The projected low price target is $7.0 while the price target rests at a high of $16.0. In that case, then, we find that the latest price level in today’s session is -7.1% off the targeted high while a plunge would see the stock lose 53.15% from the levels at last check today.
Nu Holdings Ltd (NU) estimates and forecasts
The company’s shares have gained 22.12% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 40.10%.
2 analysts offering their estimates for the company have set an average revenue estimate of 2.96B for the current quarter. 2 have an estimated revenue figure of 3.15B for the next ending quarter. Year-ago sales stood 2.05B and 2.4B respectively for this quarter and the next, and analysts expect sales will grow by 44.10% for the current quarter and 40.10% for the next.
Earnings growth for 2024 is a modest 73.35% while over the next 5 years, the company’s earnings are expected to increase by 53.60%.
NU Dividends
Nu Holdings Ltd is expected to release its next earnings report on 2024-Nov-13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Nu Holdings Ltd (NYSE:NU)’s Major holders
The top two institutional holders are SC US (TTGP), LTD. with over 251.3 million shares worth more than $3.24 billion. As of 2024-06-30, SC US (TTGP), LTD. held 5.2648% of shares outstanding.
The other major institutional holder is CAPITAL RESEARCH GLOBAL INVESTORS, with the holding of over 217.5 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.8 billion and represent 4.5566% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Europacific Growth Fund and Vanguard International Growth Fund. As of Jun 30, 2024, the former fund manager holds about 2.96% shares in the company for having 109.63 shares of worth $1.64 billion while later fund manager owns 60.64 shares of worth $907.55 million as of May 31, 2024, which makes it owner of about 1.64% of company’s outstanding stock.
