In the last trading session, 30.23 million Nu Holdings Ltd (NYSE:NU) shares changed hands as the company’s beta touched 1.16. With the company’s per share price at $13.65 changed hands at -$0.22 or -1.59% during last session, the market valuation stood at $65.25B. NU’s last price was a discount, traded about -11.06% off its 52-week high of $15.16. The share price had its 52-week low at $6.80, which suggests the last value was 50.18% up since then. When we look at Nu Holdings Ltd’s average trading volume, we note the 10-day average is 29.06 million shares, with the 3-month average coming to 41.43 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.
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Nu Holdings Ltd (NYSE:NU) trade information
Instantly NU was in red as seen at the end of in last trading. With action -7.08%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 63.87%, with the 5-day performance at -7.08% in the red. However, in the 30-day time frame, Nu Holdings Ltd (NYSE:NU) is -4.08% down. Looking at the short shares, we see there were 183.74 million shares sold at short interest cover period of 2.95 days.
The consensus price target for the stock as assigned by Wall Street analysts is 13.5, meaning bulls need a downside of -1.11% from its current 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 -17.22% plunge from its current level, while the stock would need to tank 48.72% 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 15.48% over the past 6 months, a 70.83% in annual growth rate that is considerably higher than the industry average of 18.20%.
The 2024 estimates are for Nu Holdings Ltd earnings to increase by 73.35%, but the outlook for the next 5-year period is at 53.60% per year.
NU Dividends
Nu Holdings Ltd is expected to release its next quarterly earnings report in November.
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.
