In today’s recent session, 19.73 million shares of the Nu Holdings Ltd (NYSE:NU) have been traded, and its beta is 1.10. Most recently the company’s share price was $13.72, and it changed around -$0.34 or -2.42% from the last close, which brings the market valuation of the company to $60.31B. NU at last check was trading at a discount to its 52-week high of $16.15, offering almost -17.71% off that amount. The share price’s 52-week low was $7.74, which indicates that the recent value has risen by an impressive 43.59% since then. We note from Nu Holdings Ltd’s average daily trading volume that its 10-day average is 37.52 million shares, with the 3-month average coming to 38.87 million.
Nu Holdings Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 2.29. If we narrow it down even further, the data shows that 1 out of 23 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 9 recommended NU as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight. Nu Holdings Ltd is expected to report earnings per share of 0.12 for the current quarter.
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Nu Holdings Ltd (NYSE:NU) trade information
Instantly NU has been showing red trend so far today with a performance of -2.42% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 16.15 on recent trading dayincreased the stock’s daily price by 15.05%. The company’s shares are currently up 64.70% year-to-date, but still down -13.66% over the last five days. On the other hand, Nu Holdings Ltd (NYSE:NU) is -5.05% down in the 30-day period. We can see from the shorts that 168.22 million shares have been sold at a short interest cover period of 7.12 day(s).
The consensus price target as assigned by Wall Street analysts is $13.5, which translates to bulls needing to decrease their stock price by -1.63% from its current value. Analyst projections state that NU is forecast to be at a low of $7 and a high of $16.
Nu Holdings Ltd (NU) estimates and forecasts
Nu Holdings Ltd share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 17.57 percent over the past six months and at a 70.83% annual growth rate that is well above the industry average of 19.60%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 53.03% in revenue this quarter, and will report an increase of 46.37% in the next quarter. The year-over-year growth rate is expected to be 44.92%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 3.23B in revenue for the current quarter. 3 analysts expect Nu Holdings Ltd to make 3.53B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.4B and 2.74B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 34.42%. Forecasts for the next quarter put sales growth at 28.92%.
Nu Holdings Ltd (NYSE:NU)’s Major holders
CAPITAL RESEARCH GLOBAL INVESTORS, with 4.5566% or 217.5 million shares worth $2.8 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
