Nu Holdings Ltd [NYSE: NU] jumped around 0.21 points on Friday, while shares priced at $14.42 at the close of the session, up 1.48%.
Compared to the average trading volume of 31.03M shares, NU reached a trading volume of 29358052 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Nu Holdings Ltd [NU]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NU shares is $13.68 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NU stock is a recommendation set at 2.19. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Nu Holdings Ltd shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 02, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price from $12 to $14.50. The new note on the price target was released on July 22, 2024, representing the official price target for Nu Holdings Ltd stock. Previously, the target price had yet another raise to $15, while Barclays analysts kept a Overweight rating on NU stock.
The Average True Range (ATR) for Nu Holdings Ltd is set at 0.49, with the Price to Sales ratio for NU stock in the period of the last 12 months amounting to 7.60. The Price to Book ratio for the last quarter was 9.97, with the Price to Cash per share for the same quarter was set at 2.00. Price to Free Cash Flow for NU in the course of the last twelve months was 5.69.
How has NU stock performed recently?
Nu Holdings Ltd [NU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.34. With this latest performance, NU shares gained by 16.57% in over the last four-week period, additionally plugging by 41.10% over the last 6 months – not to mention a rise of 98.90% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NU stock in for the last two-week period is set at 69.25, with the RSI for the last a single of trading hit 74.55, and the three-weeks RSI is set at 65.53 for Nu Holdings Ltd [NU]. The present Moving Average for the last 50 days of trading for this stock 12.68, while it was recorded at 14.39 for the last single week of trading, and 10.81 for the last 200 days.
Earnings analysis for Nu Holdings Ltd [NU]
With the latest financial reports released by the company, Nu Holdings Ltd posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Nu Holdings Ltd go to 52.70%.
Insider trade positions for Nu Holdings Ltd [NU]
The top three institutional holders of NU stocks are: SC US (TTGP), LTD. with ownership of 251.3 million shares, which is approximately 5.2648%. CAPITAL RESEARCH GLOBAL INVESTORS, holding 217.5 million shares of the stock with an approximate value of $$2.8 billion in NU stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $$2.4 billion in NU stock with ownership which is approximately 3.8959%.
