How did Nu Holdings Ltd (NU) surprise investors with its report?

Nu Holdings Ltd [NU] stock is trading at $10.88, up 0.18%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NU shares have gain 1.02% over the last week, with a monthly amount drifted -8.26%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Jefferies started tracking the stock with Buy rating on October 16, 2023, and set its price target to $10.80. On October 05, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $8.10 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $9 on September 11, 2023. Citigroup downgraded its rating to a Neutral and reduced its price target to $6.10 on May 18, 2023. JP Morgan upgraded its rating to Neutral for this stock on December 08, 2022. In a note dated November 11, 2022, JP Morgan downgraded an Underweight rating on this stock.

Nu Holdings Ltd [NU] stock has fluctuated between $5.14 and $12.39 over the past year. Currently, Wall Street analysts expect the stock to reach $10.75 within the next 12 months. Nu Holdings Ltd [NYSE: NU] shares were valued at $10.88 at the most recent close of the market. An investor can expect a potential drop of -1.19% based on the average NU price forecast.

Analyzing the NU fundamentals

Nu Holdings Ltd [NYSE:NU] reported sales of 7.01B for the trailing twelve months, which represents a growth of 92.33%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.18 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.61 points at the first support level, and at 10.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.11, and for the 2nd resistance point, it is at 11.33.

Nu Holdings Ltd [NU] reported earnings per share of $0.08 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.08/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0.07 per share as compared to estimates of $0.06 per share, a difference of $0.01 representing a surprise of 16.70%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 7.40, the price to book ratio is 8.09 and price to earnings (TTM) ratio is 51.25.

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