At the time of writing, Nu Holdings Ltd [NU] stock is trading at $14.28, up 4.01%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NU shares have gain 0.28% over the last week, with a monthly amount glided 14.24%, and 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.
For the past year, the stock price of Nu Holdings Ltd fluctuated between $6.77 and $15.10. 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 $14.28 at the most recent close of the market. An investor can expect a potential drop of -11.13% based on the average NU price forecast.
Analyzing the NU fundamentals
According to Nu Holdings Ltd [NYSE:NU], the company’s sales were 9.07B for trailing twelve months, which represents an 58.42% jump. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.24 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.21.
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 13.93 points at the first support level, and at 13.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.49, and for the 2nd resistance point, it is at 14.70.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 7.53, the price to book ratio is 9.88 and price to earnings (TTM) ratio is 45.51.
Transactions by insiders
Recent insider trading involved Anita M. Sands, Director, that happened on Sep 04 ’24 when 10000.0 shares were purchased. Director, Sands Anita M completed a deal on Aug 28 ’24 to buy 30973.0 shares. Meanwhile, Director HENRIQUE CAMOSSA SALDANHA FRAG bought 0.14 million shares on Aug 21 ’24.
