With 95.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 40.61 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $12.21 whereas the lowest price it dropped to was $11.55. The 52-week range on NU shows that it touched its highest point at $16.15 and its lowest point at $8.04 during that stretch. It currently has a 1-year price target of $14.95. Beta for the stock currently stands at 0.99.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NU was down-trending over the past week, with a drop of -13.73%, but this was down by -20.48% over a month. Three-month performance dropped to -19.14% while six-month performance rose 2.13%. The stock gained 47.42% in the past year, while it has gained 44.06% so far this year. A look at the trailing 12-month EPS for NU yields 0.36 with Next year EPS estimates of 0.60. For the next quarter, that number is 0.12. This implies an EPS growth rate of 75.39% for this year and 42.03% for next year.
Float and Shares Shorts:
At present, 3.76 billion NU shares are outstanding with a float of 3.13 billion shares on hand for trading. On 2024-11-15, short shares totaled 151.69 million, which was 316.00002 higher than short shares on 1728950400. In addition to Mr. David Velez-Osomo as the firm’s Founder, Chairman & CEO, Mr. Youssef Lahrech serves as its COO & President.
Institutional Ownership:
Through their ownership of 0.83816004 of NU’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NU since 9 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With NU analysts setting a high price target of 19.0 and a low target of 8.0, the average target price over the next 12 months is 15.735. Based on these targets, NU could surge 58.33% to reach the target high and fall by -33.33% to reach the target low. Reaching the average price target will result in a growth of 31.12% from current levels.
Analysts have provided yearly estimates in a range of $0.45081 being high and $0.40982 being low. For NU, this leads to a yearly average estimate of $0.42007. The surprise factor in the prior quarter was $0.1. Based on analyst estimates, the high estimate for the next quarter is $0.15 and the low estimate is $0.12. The average estimate for the next quarter is thus $0.13.
