NU (NYSE:NU - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 13th. Analysts expect NU to post earnings of $0.11 per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.
NU (NYSE:NU - Get Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.10 by $0.02. The business had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.90 billion. NU had a net margin of 15.11% and a return on equity of 27.00%. During the same period in the prior year, the business earned $0.05 earnings per share. On average, analysts expect NU to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NU Price Performance
Shares of NU stock traded up $0.36 during trading hours on Wednesday, hitting $15.03. The company's stock had a trading volume of 26,346,137 shares, compared to its average volume of 31,941,201. The business has a fifty day moving average of $14.35 and a 200-day moving average of $12.99. The stock has a market cap of $71.63 billion, a price-to-earnings ratio of 48.48, a P/E/G ratio of 0.65 and a beta of 1.13. NU has a twelve month low of $7.74 and a twelve month high of $15.98. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.25.
Analyst Ratings Changes
A number of brokerages recently issued reports on NU. UBS Group lowered shares of NU from a "buy" rating to a "neutral" rating and set a $13.50 target price on the stock. in a research report on Friday, August 2nd. Bank of America raised their target price on shares of NU from $12.80 to $15.00 and gave the stock a "neutral" rating in a research report on Thursday, September 12th. The Goldman Sachs Group raised their target price on shares of NU from $15.00 to $17.00 and gave the stock a "buy" rating in a research report on Thursday, July 11th. JPMorgan Chase & Co. raised their target price on shares of NU from $14.50 to $15.00 and gave the stock a "neutral" rating in a research report on Monday, August 19th. Finally, Susquehanna restated a "positive" rating and set a $16.00 target price on shares of NU in a research report on Thursday, August 15th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $15.21.
Read Our Latest Stock Report on NU
NU Company Profile
(
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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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