NU (NU) to Release Earnings on Thursday

NU (NYSE:NU) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $3.17 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

NU Stock Down 1.1 %

Shares of NU opened at $13.55 on Wednesday. The firm has a market capitalization of $64.55 billion, a P/E ratio of 37.63, a P/E/G ratio of 0.49 and a beta of 1.10. NU has a 12-month low of $9.67 and a 12-month high of $16.15. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.20. The firm has a fifty day moving average price of $11.90 and a 200-day moving average price of $13.23.

Analyst Ratings Changes

NU has been the subject of a number of recent analyst reports. Itau BBA Securities lowered shares of NU from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 14th. Citigroup lowered shares of NU from a “neutral” rating to a “sell” rating and lowered their target price for the company from $14.60 to $11.00 in a research note on Monday, December 2nd. KeyCorp upped their price objective on shares of NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. UBS Group lowered their price objective on shares of NU from $15.50 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, Susquehanna upped their price objective on shares of NU from $16.00 to $18.00 and gave the stock a “positive” rating in a research note on Thursday, November 14th. One 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. According to MarketBeat.com, the stock currently has a consensus 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.