How is Nu Holdings Ltd.’s (NYSE: NU) stock expected to perform amid current market woes?

After finishing at $3.62 in the prior trading day, Nu Holdings Ltd. (NYSE: NU) closed at $3.81, up 5.25%. In other words, the price has increased by $+0.1900 from its previous closing price. On the day, 48913100 shares were traded. NU stock price reached its highest trading level at $3.8600 during the session, while it also had its lowest trading level at $3.6200.

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

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Our goal is to gain a better understanding of NU by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.07 whereas as Long-Term Debt/Eq ratio is at 0.09.

Upgrades & Downgrades

On November 09, 2022, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $6.50.Credit Suisse initiated its Outperform rating on November 09, 2022, with a $6.50 target price.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 4.22 while its Price-to-Book (P/B) ratio in mrq is 3.77.

Stock Price History:

Over the past 52 weeks, NU has reached a high of $11.83, while it has fallen to a 52-week low of $3.26. The 50-Day Moving Average of the stock is 4.0526, while the 200-Day Moving Average is calculated to be 4.5659.

Shares Statistics:

The stock has traded on average 27.54M shares per day over the past 3-months and 28.86M shares per day over the last 10 days, according to various share statistics. A total of 4.68B shares are outstanding, with a floating share count of 3.13B. Insiders hold about 8.84% of the company’s shares, while institutions hold 66.00% stake in the company. Shares short for NU as of Oct 13, 2022 were 89.37M with a Short Ratio of 103.79M, compared to 86.54M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.91% and a Short% of Float of 3.73%.

Earnings Estimates

Its stock is currently analyzed by 5 different market analysts. The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.

Analysts are recommending an EPS of between $0.02 and -$0.05 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0.08, with 10 analysts recommending between $0.14 and -$0.03.

Revenue Estimates

A total of 11 analysts have provided revenue estimates for NU’s current fiscal year. The highest revenue estimate was $4.96B, while the lowest revenue estimate was $2.91B, resulting in an average revenue estimate of $4.21B. In the same quarter a year ago, actual revenue was $1.7B, up 148.10% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $6.11B in the next fiscal year. The high estimate is $7.7B and the low estimate is $4.26B. The average revenue growth estimate for next year is up 45.00% from the average revenue estimate for this year.