NU (NU) to Release Earnings on Thursday

NU (NYSE:NU) is anticipated to release its earnings data after the market closes on Thursday, February 20th. Analysts expect NU to post earnings of $0.12 per share and revenue of $3.17 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

NU Trading Down 1.1 %

NU stock opened at $13.55 on Wednesday. The stock has a market cap of $64.55 billion, a P/E ratio of 37.63, a PEG ratio of 0.49 and a beta of 1.10. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.44 and a quick ratio of 0.44. NU has a 1 year low of $9.67 and a 1 year high of $16.15. The firm’s 50 day moving average price is $11.90 and its 200-day moving average price is $13.23.

Analyst Ratings Changes

Several research firms have recently issued reports on NU. KeyCorp lifted their price objective on shares of NU from $15.00 to $17.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. The Goldman Sachs Group lifted their price objective on shares of NU from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Itau BBA Securities cut shares of NU from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 14th. UBS Group reduced their price target on shares of NU from $15.50 to $15.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Susquehanna boosted their price target on shares of NU from $16.00 to $18.00 and gave the stock a “positive” rating in a research report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $15.80.

NU Company Profile

Nu Holdings Ltd. is a holding company, which engages in the provision of digital banking services. The company was founded by David Vélez Osorno, Cristina Helena Zingaretti Junqueira, and Adam Edward Wible on February 26, 2016 and is headquartered in George Town, Cayman Islands.