Nu Holdings Ltd (NYSE:NU) At $14.45: What To Do?

In last trading session, Nu Holdings Ltd (NYSE:NU) saw 14.0 million shares changing hands with its beta currently measuring 1.16. Company’s recent per share price level of $14.45 trading at $0.29 or 2.05% at ring of the bell on the day assigns it a market valuation of $69.07B. That closing price of NU’s stock is at a discount of -4.91% from its 52-week high price of $15.16 and is indicating a premium of 46.78% from its 52-week low price of $7.69. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 22.56 million shares which gives us an average trading volume of 40.33 million if we extend that period to 3-months.

For Nu Holdings Ltd (NU), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.19. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.11 in the current quarter.

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Nu Holdings Ltd (NYSE:NU) trade information

Upright in the green during last session for gaining 2.05%, in the last five days NU remained trading in the green while hitting it’s week-highest on Tuesday, 10/15/24 when the stock touched $14.45 price level, adding 2.1% to its value on the day. Nu Holdings Ltd’s shares saw a change of 73.47% in year-to-date performance and have moved 5.40% in past 5-day. Nu Holdings Ltd (NYSE:NU) showed a performance of -2.36% in past 30-days. Number of shares sold short was 193.31 million shares which calculate 3.34 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 13.5 to the stock, which implies a fall of -7.04% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 16. It follows that stock’s current price would jump 51.56% in reaching the projected high whereas dropping to the targeted low would mean a gain of 51.56% for stock’s current value.

Nu Holdings Ltd (NU) estimates and forecasts

Statistics highlight that Nu Holdings Ltd is scoring comparatively higher than the scores of other players of the relevant industry. The company added 37.88% of value to its shares in past 6 months, showing an annual growth rate of 70.83% while that of industry is 19.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 40.10% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.85B for the same. And 3 analysts are in estimates of company making revenue of 3.1B in the next quarter. Company posted 2.05B and 2.4B of sales in current and next quarters respectively a year earlier.

Nu Holdings Ltd (NYSE:NU)’s Major holders

SC US (TTGP), LTD. is the top institutional holder at NU for having 251.3 million shares of worth $3.24 billion. And as of 2024-06-30, it was holding 5.2648 of the company’s outstanding shares.

The second largest institutional holder is CAPITAL RESEARCH GLOBAL INVESTORS, which was holding about 217.5 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.5566 of outstanding shares, having a total worth of $2.8 billion.