The stock of Nu Holdings Ltd. (NYSE:NU) increased by $0.18 on Monday to finish at $7.94, up 2.32 percent. The last five days have seen an average of 15,516,860 shares of common stock traded. 29 times new highs were reached in the current year, with a gain of $3.87. The average number of shares traded over the last 20 days was 17,808,746, while the average volume over the last 50 days totaled 23,435,842.
NU stock appreciated 2.85% since last month. On 07/20/23, the company’s shares reached a one-month low of $7.54. The stock touched a high of $8.29 on 07/13/23, after rallying from a low of $3.39 in 52 weeks. The price of NU stock has risen by 95.09% or $3.87 this year, reaching a new high 29 times. Still, the stock price is down -4.22% from the 52-week high.
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Valuation Metrics
Beta for the stock is 1.17. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 6.75, the price-to-book (PB) ratio of 7.15, and the price-to-cash flow ratio of 59.69.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending March 30 is 0.12, and the total debt to equity ratio is 3.18. As far as profitability goes, gross margin for the trailing twelve months is 65.50% percent. Nu Holdings Ltd.’s EBITDA margin for the year ended March 30 was -7.32%, whereas its operating margin stood at 0.00% for the same period. Based on annual data, it had gross profit of $2.01 billion and revenue of $3.56 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. NU’s return on assets (ROA) during the last 12 months has been -0.60%. There was a -1.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -3.60%.
Earnings Surprise
According to Nu Holdings Ltd.’s quarterly financial report for the quarter that ended March 30. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that Nu Holdings Ltd.’s quarterly earnings would be $0.04, but it ended up being $0.02. At the end of Nu Holdings Ltd.’s most recent quarter ended March 30, its total debt was $827.92 million.
Technical Picture
Here’s a quick look at Nu Holdings Ltd.’s (NU) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 56.80%, suggesting the stock is Neutral, with a 24.45% historical volatility rate.
The stochastic %K and %D were 35.51% and 36.31% respectively, while the average true range (ATR) was 0.24. Based on the 14-day stochastic reading of 63.04%, the RSI (14) reading is 56.15%. On the 9-day MACD Oscillator, the stock is at -0.02, and the 14-day reading is at -0.04.
Analyst Ratings
Nu Holdings Ltd. (NYSE: NU) was downgraded by Citigroup to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Nu Holdings Ltd. (NU) an Overweight rating. NU is a stock that is recommended for selling by 2 brokerage firms, while 7 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 10 others recommend it as a buy.
What is NU’s price target for the next 12 months?
The current consensus forecast for the stock is between $4.00 and $11.00, with a median target price of $8.30. In analyzing these forecasts, the average price target given by analysts for Nu Holdings Ltd. (NU) is $8.00.
