NU (NU) Projected to Post Quarterly Earnings on Thursday

NU (NYSE:NU) is expected to be releasing 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 interested in registering for the company’s earnings conference call can do so using this link.

NU Trading Down 2.1 %

NU opened at $13.65 on Thursday. The firm has a market cap of $65.06 billion, a P/E ratio of 37.92, a P/E/G ratio of 0.49 and a beta of 1.10. NU has a 12 month low of $9.54 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 stock has a 50-day moving average of $11.75 and a 200 day moving average of $13.16.

Analyst Ratings Changes

Several research analysts have issued reports on NU shares. KeyCorp boosted their target price on NU from $15.00 to $17.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Citigroup lowered NU from a “neutral” rating to a “sell” rating and dropped their target price for the company from $14.60 to $11.00 in a research report on Monday, December 2nd. Susquehanna boosted their target price on NU from $16.00 to $18.00 and gave the company a “positive” rating in a research report on Thursday, November 14th. Itau BBA Securities lowered NU from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 14th. Finally, The Goldman Sachs Group boosted their target price on NU from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $15.63.

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.