Nu Holdings Ltd (NYSE:NU)’s traded shares stood at 6.18 million during the latest session, with the company’s beta value hitting 1.08. At the last check today, the stock’s price was $11.47, to imply an increase of 0.57% or $0.07 in intraday trading. The NU share’s 52-week high remains $16.15, putting it -40.8% down since that peak but still an impressive 15.69% since price per share fell to its 52-week low of $9.67. The company has a valuation of $54.82B, with an average of 52.72 million shares in intraday trading volume over the past 10 days and average of 47.44 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Nu Holdings Ltd (NU), translating to a mean rating of 2.32. Of 9 analyst(s) looking at the stock, 0 analyst(s) give NU a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 8 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.12.
Nu Holdings Ltd (NYSE:NU) trade information
After registering a 0.57% upside in the latest session, Nu Holdings Ltd (NU) has traded red over the past five days. The 5-day price performance for the stock is -2.26%, and -14.06% over 30 days. With these gigs, the year-to-date price performance is 10.67%. Short interest in Nu Holdings Ltd (NYSE:NU) saw shorts transact 136.0 million shares and set a 2.43 days time to cover.
The extremes give us $7 and $16 for target low and target high price respectively. As such, NU has been trading -39.49% off suggested target high and 38.97% from its likely low.
Nu Holdings Ltd (NU) estimates and forecasts
The rating firms project that company’s revenue will grow 28.83% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 3.25B. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 3.51B.Earnings reports from the last fiscal year show that sales brought in 2.74B and 2.85B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 18.95% before jumping 23.37% in the following quarter.
NU Dividends
Nu Holdings Ltd has its next earnings report out on 2025-Feb-19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Nu Holdings Ltd (NYSE:NU)’s Major holders
Nu Holdings Ltd insiders hold 5.96% of total outstanding shares, with institutional holders owning 82.92% of the shares at 88.18% float percentage. In total, 82.92% institutions holds shares in the company, led by SC US (TTGP), LTD. As of 2024-06-30, the company held over 251.3 million shares (or 5.2484% of shares), all amounting to roughly $3.24 billion.
The next major institution holding the largest number of shares is CAPITAL RESEARCH GLOBAL INVESTORS with 217.5 million shares, or about 4.5424% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.8 billion.
We also have EUROPACIFIC GROWTH FUND and Vanguard International Growth Fund as the top two Mutual Funds with the largest holdings of the Nu Holdings Ltd (NU) shares. Going by data provided on Dec 31, 2024, EUROPACIFIC GROWTH FUND holds roughly 99.71 shares. This is just over 2.69% of the total shares, with a market valuation of $1.15 billion. Data from the same date shows that the other fund manager holds a little less at 69.09, or 1.86% of the shares, all valued at about 794.16 million.
