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The closing price of Nu Holdings Ltd (NYSE: NU) was $13.38 for the day, up 5.27% from the previous closing price of $12.71. In other words, the price has increased by $5.27 from its previous closing price. On the day, 69.39 million shares were traded. NU stock price reached its highest trading level at $13.48 during the session, while it also had its lowest trading level at $12.42.
Ratios:
Our analysis of NU’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.28. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.22.
On July 22, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also upped its target price recommendation from $12 to $14.50.
On June 26, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $15.Barclays initiated its Overweight rating on June 26, 2024, with a $15 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 14 ’24 when Rua California Ltd. bought 31,000,000 shares for $13.02 per share.
Olivier Vitor Guarino bought 296,628 shares of NU for $3,884,220 on Aug 14 ’24. On Aug 13 ’24, another insider, Duggal Jagpreet Singh, who serves as the Officer of the company, bought 110,942 shares for $13.50 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NU now has a Market Capitalization of 64081104896 and an Enterprise Value of 57915338752. As of this moment, Nu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.64, and their Forward P/E ratio for the next fiscal year is 22.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.05 while its Price-to-Book (P/B) ratio in mrq is 9.26. Its current Enterprise Value per Revenue stands at 11.964.
Stock Price History:
The Beta on a monthly basis for NU is 1.12, which has changed by 0.8739495 over the last 52 weeks, in comparison to a change of 0.24822903 over the same period for the S&P500. Over the past 52 weeks, NU has reached a high of $13.64, while it has fallen to a 52-week low of $6.61. The 50-Day Moving Average of the stock is 8.79%, while the 200-Day Moving Average is calculated to be 26.55%.
Shares Statistics:
NU traded an average of 29.47M shares per day over the past three months and 43175460 shares per day over the past ten days. A total of 3.68B shares are outstanding, with a floating share count of 3.01B. Insiders hold about 37.07% of the company’s shares, while institutions hold 54.17% stake in the company. Shares short for NU as of 1722384000 were 88574069 with a Short Ratio of 3.01, compared to 1719532800 on 74927483. Therefore, it implies a Short% of Shares Outstanding of 88574069 and a Short% of Float of 2.4.
