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Nu Holdings Ltd. (NU) Registers a Bigger Fall Than the Market: Important Facts to Note
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Nu Holdings Ltd. (NU - Free Report) ended the recent trading session at $13.61, demonstrating a -3.2% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.16%.
Shares of the company witnessed a gain of 21.21% over the previous month, beating the performance of the Finance sector with its gain of 5.72%, and the S&P 500's gain of 2.14%.
The investment community will be closely monitoring the performance of Nu Holdings Ltd. in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.2, reflecting a 42.86% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $5.33 billion, showing a 45.22% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.83 per share and a revenue of $21.89 billion, representing changes of +33.87% and +38.76%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Nu Holdings Ltd. These latest adjustments often mirror the shifting dynamics of short-term business patterns. 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. Over the past month, the Zacks Consensus EPS estimate has moved 0.48% lower. Nu Holdings Ltd. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Nu Holdings Ltd. is holding a Forward P/E ratio of 16.86. This valuation marks a premium compared to its industry average Forward P/E of 11.88.
Investors should also note that NU has a PEG ratio of 0.56 right now. 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 0.85 based on yesterday's closing prices.
The Banks - Foreign industry is part of the Finance sector. This group has a Zacks Industry Rank of 109, putting it in the top 45% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Nu Holdings Ltd. (NU) Registers a Bigger Fall Than the Market: Important Facts to Note
Nu Holdings Ltd. (NU - Free Report) ended the recent trading session at $13.61, demonstrating a -3.2% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.16%.
Shares of the company witnessed a gain of 21.21% over the previous month, beating the performance of the Finance sector with its gain of 5.72%, and the S&P 500's gain of 2.14%.
The investment community will be closely monitoring the performance of Nu Holdings Ltd. in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.2, reflecting a 42.86% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $5.33 billion, showing a 45.22% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.83 per share and a revenue of $21.89 billion, representing changes of +33.87% and +38.76%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Nu Holdings Ltd. These latest adjustments often mirror the shifting dynamics of short-term business patterns. 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. Over the past month, the Zacks Consensus EPS estimate has moved 0.48% lower. Nu Holdings Ltd. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Nu Holdings Ltd. is holding a Forward P/E ratio of 16.86. This valuation marks a premium compared to its industry average Forward P/E of 11.88.
Investors should also note that NU has a PEG ratio of 0.56 right now. 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 0.85 based on yesterday's closing prices.
The Banks - Foreign industry is part of the Finance sector. This group has a Zacks Industry Rank of 109, putting it in the top 45% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.