Nu Holdings Ltd (NYSE: NU) has a higher price-to-earnings ratio of 46.72x compared to its average ratio, The 36-month beta value for NU is at 1.18. Analysts have varying views on the stock, with 10 analysts rating it as a “buy,” 2 rating it as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for NU is 3.01B, and currently, shorts hold a 2.82% of that float. The average trading volume for NU on September 13, 2024 was 42.66M shares.
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NU) stock’s latest price update
Nu Holdings Ltd (NYSE: NU)’s stock price has increased by 1.03 compared to its previous closing price of 14.51. However, the company has seen a 7.01% increase in its stock price over the last five trading sessions. zacks.com reported 2024-09-13 that Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter?
NU’s Market Performance
NU’s stock has risen by 7.01% in the past week, with a monthly rise of 9.57% and a quarterly rise of 26.16%. The volatility ratio for the week is 3.97% while the volatility levels for the last 30 days are 3.77% for Nu Holdings Ltd The simple moving average for the last 20 days is 2.49% for NU stock, with a simple moving average of 30.84% for the last 200 days.
Analysts’ Opinion of NU
Many brokerage firms have already submitted their reports for NU stocks, with UBS repeating the rating for NU by listing it as a “Neutral.” The predicted price for NU in the upcoming period, according to UBS is $13.50 based on the research report published on August 02, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see NU reach a price target of $14.50, previously predicting the price at $12. The rating they have provided for NU stocks is “Neutral” according to the report published on July 22nd, 2024.
Barclays gave a rating of “Overweight” to NU, setting the target price at $15 in the report published on June 26th of the current year.
NU Trading at 10.78% from the 50-Day Moving Average
After a stumble in the market that brought NU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.95% of loss for the given period.
Volatility was left at 3.77%, however, over the last 30 days, the volatility rate increased by 3.97%, as shares surge +6.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.69% upper at present.
During the last 5 trading sessions, NU rose by +6.78%, which changed the moving average for the period of 200-days by +79.28% in comparison to the 20-day moving average, which settled at $14.35. In addition, Nu Holdings Ltd saw 75.99% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NU starting from Anita M. Sands, who proposed sale 10,000 shares at the price of $14.27 back on Sep 04 ’24. After this action, Anita M. Sands now owns shares of Nu Holdings Ltd, valued at $142,732 using the latest closing price.
Sands Anita M, the Director of Nu Holdings Ltd, proposed sale 30,973 shares at $14.60 during a trade that took place back on Aug 28 ’24, which means that Sands Anita M is holding shares at $452,206 based on the most recent closing price.
Stock Fundamentals for NU
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.68 for the gross margin
The net margin for Nu Holdings Ltd stands at 0.18. The total capital return value is set at 0.05. Equity return is now at value 24.35, with 3.90 for asset returns.
Based on Nu Holdings Ltd (NU), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 4.66. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 0.92.
Currently, EBITDA for the company is 1.6 billion with net debt to EBITDA at -3.0. When we switch over and look at the enterprise to sales, we see a ratio of 7.26.
Conclusion
In conclusion, Nu Holdings Ltd (NU) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
