Nu Holdings Ltd [NU] is 76.95% higher this YTD. Is it still time to buy?

Nu Holdings Ltd [NYSE: NU] gained 1.59% or 0.23 points to close at $14.74 with a heavy trading volume of 26313189 shares.

The daily chart for NU points out that the company has recorded 26.85% gains over the past six months.

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If we look at the average trading volume of 42.66M shares, NU reached to a volume of 26313189 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $14.25 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 0.51, with the Price to Sales ratio for NU stock in the period of the last 12 months amounting to 7.77. The Price to Book ratio for the last quarter was 10.20, 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 5.82.

Trading performance analysis for NU stock

Nu Holdings Ltd [NU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.59. With this latest performance, NU shares gained by 10.16% in over the last four-week period, additionally plugging by 26.85% over the last 6 months – not to mention a rise of 95.23% 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 61.40, with the RSI for the last a single of trading hit 62.85, and the three-weeks RSI is set at 60.48 for Nu Holdings Ltd [NU]. The present Moving Average for the last 50 days of trading for this stock 13.28, while it was recorded at 14.21 for the last single week of trading, and 11.24 for the last 200 days.

Nu Holdings Ltd [NU]: An earnings per share (EPS) analysis

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 53.60%.

An analysis of Institutional ownership at 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%.