Nu Holdings Ltd. (NYSE:NU – Get Free Report) has been given an average recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $10.74.
A number of analysts have weighed in on NU shares. KeyCorp boosted their price target on NU from $12.00 to $13.00 and gave the stock an “overweight” rating in a research report on Monday, April 22nd. Susquehanna lifted their price objective on NU from $12.00 to $14.00 and gave the stock a “positive” rating in a research note on Wednesday, May 15th. Finally, TheStreet upgraded NU from a “c+” rating to a “b” rating in a research note on Friday, March 8th.
Check Out Our Latest Report on NU
Hedge Funds Weigh In On NU
NU Price Performance
Shares of NYSE:NU opened at $11.69 on Monday. NU has a fifty-two week low of $6.61 and a fifty-two week high of $12.49. The business has a 50-day moving average of $11.50 and a two-hundred day moving average of $10.47. The stock has a market capitalization of $55.71 billion, a P/E ratio of 44.96, a P/E/G ratio of 0.56 and a beta of 1.13. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.40 and a quick ratio of 0.40.
NU (NYSE:NU – Get Free Report) last announced its quarterly earnings results on Tuesday, May 14th. The company reported $0.09 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.09. NU had a return on equity of 22.94% and a net margin of 13.86%. The company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.58 billion. On average, equities research analysts predict that NU will post 0.41 EPS for the current fiscal year.
About NU
Nu Holdings Ltd. provides digital banking platform and digital financial services in Brazil, Mexico, Colombia, and internationally. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones.
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