Nu Holdings Ltd (NYSE: NU): Stock That Needs Special Handling

Currently, there are 3.68B common shares owned by the public and among those 3.01B shares have been available to trade.

The company’s stock has a 5-day price change of 2.34% and 24.63% over the past three months. NU shares are trading 73.11% year to date (YTD), with the 12-month market performance up to 98.90% higher. It has a 12-month low price of $6.62 and touched a high of $14.65 over the same period. NU has an average intraday trading volume of 31.03 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 14.27%, 14.20%, and 33.76% respectively.

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Institutional ownership of Nu Holdings Ltd (NYSE: NU) shares accounts for 54.93% of the company’s 3.68B shares outstanding.

It has a market capitalization of $68.93B and a beta (3y monthly) value of 1.14. The stock’s trailing 12-month PE ratio is 45.95, while the earnings-per-share (ttm) stands at $0.31. The company has a PEG of 0.87 and the debt-to-equity ratio at 0.34. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.34% over the week and 4.13% over the month.

Analysts forecast that Nu Holdings Ltd (NU) will achieve an EPS of 0.11 for the current quarter, 0.12 for the next quarter and 0.62 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.09 while analysts give the company a high EPS estimate of 0.09. Comparatively, EPS for the current quarter was 0.07 a year ago. Earnings per share for the fiscal year are expected to increase by 70.51%, and 45.46% over the next financial year.

Looking at the support for the NU, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on August 02, 2024, with the firm’s price target at $13.50. JP Morgan coverage for the Nu Holdings Ltd (NU) stock in a research note released on July 22, 2024 offered a Neutral rating with a price target of $14.50. Jefferies on their part issued Buy rating on October 16, 2023.

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