Nu Holdings Ltd (NYSE:NU) has a beta value of 1.07 and has seen 8.64 million shares traded in the recent trading session. The company, currently valued at $68.27B, closed the recent trade at $14.38 per share which meant it gained $0.15 on the day or 1.02% during that session. The NU stock price is -12.31% off its 52-week high price of $16.15 and 44.09% above the 52-week low of $8.04. If we look at the company’s 10-day average daily trading volume, we find that it stood at 54.0 million shares traded. The 3-month trading volume is 40.35 million shares.
The consensus among analysts is that Nu Holdings Ltd (NU) is Buy stock at the moment, with a recommendation rating of 2.29. 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 0.12.
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
Sporting 1.02% 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 $14.38 or saw a rise of 0.9%. Year-to-date, Nu Holdings Ltd shares have moved 72.57%, while the 5-day performance has seen it change 6.80%. Over the past 30 days, the shares of Nu Holdings Ltd (NYSE:NU) have changed -7.14%. Short interest in the company has seen 168.22 million shares shorted with days to cover at 7.12.
Wall Street analysts have a consensus price target for the stock at $13.5, which means that the shares’ value could drop -6.52% 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 -11.27% off the targeted high while a plunge would see the stock lose 51.32% from the levels at last check today.
Nu Holdings Ltd (NU) estimates and forecasts
Figures show that Nu Holdings Ltd shares have outperformed across the wider relevant industry. The company’s shares have gained 22.76% over the past 6 months, with this year growth rate of 70.83%, compared to 18.40% for the industry. Revenue growth from the last financial year stood is estimated to be 44.92%.
4 analysts offering their estimates for the company have set an average revenue estimate of 3.23B for the current quarter. 3 have an estimated revenue figure of 3.53B for the next ending quarter. Year-ago sales stood 2.4B and 2.74B respectively for this quarter and the next, and analysts expect sales will grow by 34.42% for the current quarter and 44.92% for the next.
NU Dividends
Nu Holdings Ltd is expected to release its next earnings report in December 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 $1.56 billion while later fund manager owns 70.19 shares of worth $1.0 billion as of Aug 31, 2024, which makes it owner of about 1.89% of company’s outstanding stock.
