NU (NU) Expected to Announce Quarterly Earnings on Thursday

NU (NYSE:NU - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Thursday, February 20th. Analysts expect NU to post earnings of $0.12 per share and revenue of $3.17 billion for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

NU Price Performance

NYSE NU traded down $0.10 during trading hours on Friday, reaching $13.70. The company's stock had a trading volume of 49,861,613 shares, compared to its average volume of 34,995,256. The stock has a market cap of $65.27 billion, a PE ratio of 38.04, a PEG ratio of 0.49 and a beta of 1.10. NU has a fifty-two week low of $9.67 and a fifty-two week high of $16.15. The company's 50-day moving average is $11.82 and its two-hundred day moving average is $13.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on NU shares. Susquehanna increased their price objective on shares of NU from $16.00 to $18.00 and gave the company a "positive" rating in a research note on Thursday, November 14th. Itau BBA Securities cut shares of NU from an "outperform" rating to a "market perform" rating in a research note on Thursday, November 14th. KeyCorp increased their price objective on shares of NU from $15.00 to $17.00 and gave the company an "overweight" rating in a research note on Thursday, November 14th. Citigroup cut shares of NU from a "neutral" rating to a "sell" rating and lowered their price objective for the company from $14.60 to $11.00 in a research note on Monday, December 2nd. Finally, The Goldman Sachs Group raised their price target on shares of NU from $17.00 to $19.00 and gave the stock a "buy" rating in a research note on Thursday, November 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $15.63.

About NU

Nu Holdings Ltd. is a holding company, which engages in the provision of digital banking services. The company was founded by David Vélez Osorno, Cristina Helena Zingaretti Junqueira, and Adam Edward Wible on February 26, 2016 and is headquartered in George Town, Cayman Islands.