Latest news with #Nu
Yahoo
4 hours ago
- Business
- Yahoo
Nu Holdings Ltd. (NU) is Attracting Investor Attention: Here is What You Should Know
Nu Holdings Ltd. (NU) has recently been on list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this company have returned -3.5%, compared to the Zacks S&P 500 composite's +5.2% change. During this period, the Zacks Banks - Foreign industry, which Nu falls in, has gained 6.7%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Nu is expected to post earnings of $0.12 per share for the current quarter, representing no change from the year-ago quarter. Over the last 30 days, the Zacks Consensus Estimate has changed -4%. For the current fiscal year, the consensus earnings estimate of $0.54 points to a change of +20% from the prior year. Over the last 30 days, this estimate has changed -0.6%. For the next fiscal year, the consensus earnings estimate of $0.78 indicates a change of +44.4% from what Nu is expected to report a year ago. Over the past month, the estimate has remained unchanged. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Nu is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial. In the case of Nu , the consensus sales estimate of $3.69 billion for the current quarter points to a year-over-year change of +29.6%. The $14.8 billion and $19.06 billion estimates for the current and next fiscal years indicate changes of +28.5% and +28.8%, respectively. Nu reported revenues of $3.25 billion in the last reported quarter, representing a year-over-year change of +18.7%. EPS of $0.12 for the same period compares with $0.09 a year ago. Compared to the Zacks Consensus Estimate of $3.33 billion, the reported revenues represent a surprise of -2.52%. The EPS surprise was 0%. Over the last four quarters, Nu surpassed consensus EPS estimates two times. The company could not beat consensus revenue estimates in any of the last four quarters. Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Nu is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Nu . However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nu Holdings Ltd. (NU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
The Star
28-05-2025
- Business
- The Star
Bhutan's emigration dilemma: Will they return?
THIMPHU: Despite a record wave of emigration, many Bhutanese living abroad are not closing the door on home. A new World Bank survey reveals that a majority of Bhutanese migrants, both those who have already left and those aspiring to leave, are open to returning. But there's a catch: the quality of jobs and pay must be better. According to the World Bank's Bhutan Development Update report released on May 26, 77.7 percent of aspiring migrants and 63.5 per cent of current migrants said they would consider coming back if job quality and working conditions improve. For most, the decision hinges not just on pay, but on professional dignity and stability. While many are willing to accept lower wages than what they currently earn abroad, about 25 per cent would only return for equal or higher salaries. One in five current migrants and one in ten aspiring migrants said they would only return for jobs paying more than Nu 100,000 (US$1,170) per month, well above the average salary in Bhutan. The survey highlights a key dilemma: the migration crisis is not necessarily irreversible. But whether the country can create enough incentive for its citizens to come home remains an open question. Bhutan is witnessing an unprecedented surge in international migration, with departures from Paro International Airport increasing more than tenfold since before the Covid-19 pandemic, from fewer than 500 monthly to over 5,000 by early 2023. The Bhutan Development Update identifies a potent combination of domestic push factors and international pull factors that are reshaping the country's demographic and economic landscape. As per the data shared by the World Bank's Global Bilateral Migration Matrix (2000–2020), between 2000 and 2020, the proportion of Bhutanese emigrants holding university degrees rose from 8.6 per cent to 13.5 per cent. The pace has only accelerated since international borders reopened in 2022, with Australia emerging as the most popular destination for Bhutanese migrants. According to the report, the migrant population in Australia has doubled from 12,424 in 2020 to over 25,000 today. To understand the shifting migration trends, the World Bank conducted a phone survey, covering 1,208 households. Of these, 465 included recent migrants, mainly to Australia post-2022, and 143 had aspiring migrants. The rest served as a control group. Among migrants, 53 per cent are women, with an average age of 29, and 85 per cent are married and well-educated (over half hold university degrees). In contrast, aspiring migrants are younger, predominantly male and less educated. For many, education is a key driver. About 42 pervcent of current migrants are either enrolled in academic programmes or are working while studying. Among aspiring migrants, 64 pervcent cite education as their primary motivation for going abroad. Income is another major factor. Most migrants reported earning less than Nu 40,000 (U$468) per month in Bhutan, compared to over Nu 60,000 (USD$702) after migrating. Strikingly, 40 percent now report monthly earnings exceeding Nu 220,000 (US$2,573). According to the World Bank report, every migrant reported an income increase after leaving the country. Favourable visa policies, relatively affordable tuition and cost of living, and well-established Bhutanese diaspora networks make Australia particularly appealing. The migration surge is compounded by growing domestic frustrations, particularly within the labour market. Bhutan's national unemployment rate doubled from three per cent before the pandemic to six per cent in 2022. Urban women, youth aged 20–24, and highly educated job seekers have been especially affected. Job quality remains a concern. Over 60 per cent of Bhutan's workforce report being overworked, and many lack formal contracts. Public sector employees are also increasingly becoming disillusioned. In 2024 alone, more than 2,000 civil servants resigned, 70 per cent of them voluntarily. Concerns about career stagnation, low pay, bureaucratic hurdles and high workloads, particularly in health and education, are fuelling exits. The health sector has seen a 16 per cent attrition rate among nurses, and many report job dissatisfaction and insufficient compensation. The survey also revealed that many Bhutanese migrants experience occupational downgrading after moving abroad. Before migrating, only one per cent worked in low-skilled jobs, but this jumps to 27 per cent in destination countries. While 46 per cent held professional roles in Bhutan, just three per cent did so after migrating. Casual labour also rose from four per cent in Bhutan to 22 per cent abroad. However, many migrants are currently students, and the World Bank cautions that the job downgrade may be temporary. Future employment outcomes willl depend on several factors and merit ongoing monitoring. The World Bank recommends that Bhutan adopt three approaches to manage external migration. First, to retain talent, the Bank suggests improving job quality, diversifying the economy beyond hydropower and enhancing public sector jobs, especially in health and education. Second, to reduce brain drain, the Bank advises the country to expand training and certication for skilled workers through international partnerships like Global Skills Partnerships, and consider service requirements or labour agreements with destination countries. And third, to maximise migration benefits, the bank recommends Bhutan to provide financial guidance to prospective migrants, engage the diaspora, support returnees, and promote formal, lowcost remittance channels to boost national development. - Kuensel/ANN
Yahoo
23-05-2025
- Business
- Yahoo
Nu Holdings Ltd. (NU) Slashes Management Layers, CEO Confirms
Nu Holdings Ltd. (NYSE:NU) has significantly streamlined its organizational structure, cutting its management layers in half to enhance efficiency as the company continues to grow rapidly. According to CEO and co-founder David Vélez, the firm had become overly hierarchical, with up to 14 layers of management. The restructuring comes alongside the recent exits of senior leaders Jag Duggal and Youssef Lahrech, though both will continue supporting the company as consultants. Headquartered in Brazil, Nu provides digital banking services and offers a wide range of financial products across spending, saving, investing, borrowing, and insurance. Velez made the following comment on this recent development: "There were four layers between me and the senior managers of the products and like 14 layers across the organization, which is too much for an organization that needs to be agile, make decisions quickly, and has so much growth ahead. We have reduced those layers effectively in half. And we've increased the speed at which we're moving significantly." With over 118 million clients in Brazil, Mexico, and Colombia, Nu Holdings Ltd. (NYSE:NU) is preparing to bring in new C-level executives to support its international expansion. One key addition is former Brazil central bank chief Roberto Campos Neto, who will join as global head of public policy starting July 1. As part of the changes, some managers have returned to individual contributor roles. However, Vélez emphasized that there have been no layoffs and none are planned. He also clarified that the shift is focused on improving execution and agility, not cutting costs. In fact, products that previously took up to 10 months to roll out are now being launched much faster thanks to the streamlined structure. NU has surged by over 12% since the start of 2025. While we acknowledge the potential of NU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NU and that has 100x upside potential, check out our report about this cheapest AI stock. READ MORE: and Disclosure. None. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Nu Holdings Ltd. (NU) Is a Trending Stock: Facts to Know Before Betting on It
Nu Holdings Ltd. (NU) is one of the stocks most watched by visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned +4.4%, compared to the Zacks S&P 500 composite's +13.4% change. During this period, the Zacks Banks - Foreign industry, which Nu falls in, has gained 11.8%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Nu is expected to post earnings of $0.12 per share, indicating no change from the year-ago quarter. The Zacks Consensus Estimate has changed -4% over the last 30 days. The consensus earnings estimate of $0.54 for the current fiscal year indicates a year-over-year change of +20%. This estimate has remained unchanged over the last 30 days. For the next fiscal year, the consensus earnings estimate of $0.78 indicates a change of +45.1% from what Nu is expected to report a year ago. Over the past month, the estimate has changed +0.9%. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Nu is rated Zacks Rank #4 (Sell). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. In the case of Nu , the consensus sales estimate of $3.69 billion for the current quarter points to a year-over-year change of +29.6%. The $14.8 billion and $19.06 billion estimates for the current and next fiscal years indicate changes of +28.5% and +28.8%, respectively. Nu reported revenues of $3.25 billion in the last reported quarter, representing a year-over-year change of +18.7%. EPS of $0.12 for the same period compares with $0.09 a year ago. Compared to the Zacks Consensus Estimate of $3.33 billion, the reported revenues represent a surprise of -2.52%. The EPS surprise was 0%. Over the last four quarters, Nu surpassed consensus EPS estimates two times. The company could not beat consensus revenue estimates in any of the last four quarters. No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Nu is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Nu . However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nu Holdings Ltd. (NU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mint
20-05-2025
- Business
- Mint
Nu COO Lahrech Steps Down, Adding to Fintech Turnover
(Bloomberg) -- Nu Holdings Ltd. said Chief Operating Officer Youssef Lahrech is stepping down after more than five years, adding to a string of management changes in the upper ranks of Latin America's standout financial technology firm. Lahrech will maintain a role at Sao Paulo-based Nu as permanent observer on the board's audit and risk committee, and he'll advise the company on credit strategy, the company said Tuesday in a filing. Chief Executive Officer David Velez will absorb his duties. The news came as a surprise, since Lahrech had appeared on Nu's quarterly conference call only a week earlier. In March, Nu said Lahrech would lead global enterprise and global product operations, with Velez resuming direct command over the management team. Nu shares fell 4.9% in late trading. The shares had gained 23% this year through Tuesday's regular session. Lahrech's departure follows exits this year by Chief Product Officer Jag Duggal, Investor Relations Officer Jorg Friedemann and Chief Legal Officer Elita Ariaz. Earlier in May, Nu announced that former central bank chief Roberto Campos Neto would join as vice chairman. After years of rapid growth fueled by a previously untapped market of Brazilians seeking better access to credit, Nu is now seeking to expand in a tougher climate with higher interest rates and potential delinquencies. Lahrech joined Nu in 2020 as COO and took on the title of president in 2022. He had previously spent 19 years at Capital One Financial Corp. in Canada and the US. The company said it continues to 'streamline efficiency' and speed its operations, according to the filing. --With assistance from Cristiane Lucchesi. (Corrects name of former chief legal officer in fifth paragraph) More stories like this are available on
