We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Nu Holdings Ltd. (NU) Rises As Market Takes a Dip: Key Facts
Read MoreHide Full Article
Nu Holdings Ltd. (NU - Free Report) closed the most recent trading day at $16.97, moving +2.23% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 2.06% for the day. Elsewhere, the Dow saw a downswing of 1.76%, while the tech-heavy Nasdaq depreciated by 2.39%.
Shares of the company witnessed a loss of 0.12% over the previous month, trailing the performance of the Finance sector with its gain of 1.72%, and the S&P 500's gain of 1.63%.
Investors will be eagerly watching for the performance of Nu Holdings Ltd. in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.18, indicating a 50% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $4.54 billion, up 51.81% from the year-ago period.
NU's full-year Zacks Consensus Estimates are calling for earnings of $0.6 per share and revenue of $15.63 billion. These results would represent year-over-year changes of +33.33% and 0%, respectively.
Any recent changes to analyst estimates for Nu Holdings Ltd. should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Nu Holdings Ltd. presently features a Zacks Rank of #2 (Buy).
With respect to valuation, Nu Holdings Ltd. is currently being traded at a Forward P/E ratio of 19.53. This signifies a premium in comparison to the average Forward P/E of 11.26 for its industry.
Also, we should mention that NU has a PEG ratio of 0.55. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Banks - Foreign stocks are, on average, holding a PEG ratio of 0.98 based on yesterday's closing prices.
The Banks - Foreign industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 67, placing it within the top 28% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Nu Holdings Ltd. (NU) Rises As Market Takes a Dip: Key Facts
Nu Holdings Ltd. (NU - Free Report) closed the most recent trading day at $16.97, moving +2.23% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 2.06% for the day. Elsewhere, the Dow saw a downswing of 1.76%, while the tech-heavy Nasdaq depreciated by 2.39%.
Shares of the company witnessed a loss of 0.12% over the previous month, trailing the performance of the Finance sector with its gain of 1.72%, and the S&P 500's gain of 1.63%.
Investors will be eagerly watching for the performance of Nu Holdings Ltd. in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.18, indicating a 50% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $4.54 billion, up 51.81% from the year-ago period.
NU's full-year Zacks Consensus Estimates are calling for earnings of $0.6 per share and revenue of $15.63 billion. These results would represent year-over-year changes of +33.33% and 0%, respectively.
Any recent changes to analyst estimates for Nu Holdings Ltd. should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Nu Holdings Ltd. presently features a Zacks Rank of #2 (Buy).
With respect to valuation, Nu Holdings Ltd. is currently being traded at a Forward P/E ratio of 19.53. This signifies a premium in comparison to the average Forward P/E of 11.26 for its industry.
Also, we should mention that NU has a PEG ratio of 0.55. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Banks - Foreign stocks are, on average, holding a PEG ratio of 0.98 based on yesterday's closing prices.
The Banks - Foreign industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 67, placing it within the top 28% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.