In recent trading session, Nu Holdings Ltd (NYSE:NU) saw 10.88 million shares changing hands at last check today with its beta currently measuring 1.04. Company’s recent per share price level of $12.86 trading at -$0.67 or -4.92% at last check today assigns it a market valuation of $61.10B. That most recent trading price of NU’s stock is at a discount of -25.58% from its 52-week high price of $16.15 and is indicating a premium of 37.48% from its 52-week low price of $8.04. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 53.11 million shares which gives us an average trading volume of 40.22 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 2.29. 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 0.12 in the current quarter.
Nu Holdings Ltd (NYSE:NU) trade information
Upright in the red during last session for losing -4.92%, in the last five days NU remained trading in the red while hitting it’s week-highest on Tuesday, 11/26/24 when the stock touched $12.86 price level, adding 11.37% to its value on the day. Nu Holdings Ltd’s shares saw a change of 54.44% in year-to-date performance and have moved -3.99% in past 5-day. Nu Holdings Ltd (NYSE:NU) showed a performance of -18.21% in past 30-days. Number of shares sold short was 151.69 million shares which calculate 5.31 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 13.5 to the stock, which implies a rise of 4.74% to its recent value today. 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 45.57% in reaching the projected high whereas dropping to the targeted low would mean a gain of 45.57% 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 8.29% of value to its shares in past 6 months, showing an annual growth rate of 70.83% while that of industry is 18.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 44.92% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.23B for the same. And 3 analysts are in estimates of company making revenue of 3.53B in the next quarter. Company posted 2.4B and 2.74B 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.
On the other hand, Europacific Growth Fund and Vanguard International Growth Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 109.63 shares of worth $1.39 billion or 2.96% of the total outstanding shares. The later fund manager was in possession of 70.19 shares on Aug 31, 2024 , making its stake of worth around $888.62 million in the company or a holder of 1.89% of company’s stock.
