Nu Holdings Ltd [NU] stock prices are up 6.83% to $11.89 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NU shares have gain 3.21% over the last week, with a monthly amount drifted -9.99%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Nu Holdings Ltd [NYSE: NU] stock has seen the most recent analyst activity on August 02, 2024, when UBS downgraded its rating to a Neutral but kept the price target unchanged to $13.50 for it. Previously, JP Morgan downgraded its rating to Neutral on July 22, 2024, and elevated its price target to $14.50. On June 26, 2024, Barclays initiated with a Overweight rating and assigned a price target of $15 on the stock. Redburn Atlantic started tracking the stock assigning a Overweight rating. Jefferies initiated its recommendation with a Buy and recommended $10.80 as its price target on October 16, 2023. New Street downgraded its rating to Neutral for this stock on October 05, 2023, and downed its price target to $8.10. In a note dated September 11, 2023, JP Morgan upgraded an Overweight rating on this stock but restated the target price of $9.
The stock price of Nu Holdings Ltd [NU] has been fluctuating between $6.61 and $13.64 over the past year. Currently, Wall Street analysts expect the stock to reach $12.69 within the next 12 months. Nu Holdings Ltd [NYSE: NU] shares were valued at $11.89 at the most recent close of the market. An investor can expect a potential return of 6.73% based on the average NU price forecast.
Analyzing the NU fundamentals
The Nu Holdings Ltd [NYSE:NU] reported sales of 8.13B for trailing twelve months, representing a surge of 83.66%. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.25%, 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 0.03, Equity is 0.2 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
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 11.42 points at the first support level, and at 10.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.19, and for the 2nd resistance point, it is at 12.48.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.99, the price to book ratio is 8.36 and price to earnings (TTM) ratio is 45.66.
