Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Futu Holdings Ltd ADR’s stock clocked out at $116.79, down -3.55% from its previous closing price of $121.09. In other words, the price has decreased by -$3.55 from its previous closing price. On the day, 3.28 million shares were traded.
Ratios:
To gain a deeper understanding of FUTU’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on November 19, 2024, Downgraded its rating to Neutral and sets its target price to $95 from $79 previously.
On November 18, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $70 to $115.
JP Morgan Upgraded its Neutral to Overweight on May 28, 2024, whereas the target price for the stock was revised from $62 to $92.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 09 ’24 when XU LI bought 144,311 shares for $83.27 per share.
Huang River Investment Limited bought 20,645,160 shares of FUTU for $200,000,000 on Sep 26 ’24.
Valuation Measures:
As of this moment, Futu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.65, and their Forward P/E ratio for the next fiscal year is 18.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.40 while its Price-to-Book (P/B) ratio in mrq is 4.40.
Stock Price History:
Over the past 52 weeks, FUTU has reached a high of $130.88, while it has fallen to a 52-week low of $50.61. The 50-Day Moving Average of the stock is 20.10%, while the 200-Day Moving Average is calculated to be 44.15%.
Shares Statistics:
A total of 93.48M shares are outstanding, with a floating share count of 89.54M. Insiders hold about 4.22% of the company’s shares, while institutions hold 34.06% stake in the company.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 1 analysts currently analyzing and rating the stock of Futu Holdings Ltd ADR (FUTU).The consensus estimate for the next quarter is $12.45, with high estimates of $12.45 and low estimates of $12.45.
Analysts are recommending an EPS of between $40.45 and $39.07 for the fiscal current year, implying an average EPS of $39.77. EPS for the following year is $49.47, with 7.0 analysts recommending between $52.82 and $45.76.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $3.92B. It ranges from a high estimate of $4.15B to a low estimate of $3.5B. As of the current estimate, Futu Holdings Ltd ADR’s year-ago sales were $2.37BFor the next quarter, 3 analysts are estimating revenue of $3.84B. There is a high estimate of $3.86B for the next quarter, whereas the lowest estimate is $3.81B.
A total of 9 analysts have provided revenue estimates for FUTU’s current fiscal year. The highest revenue estimate was $13.3B, while the lowest revenue estimate was $11.75B, resulting in an average revenue estimate of $12.8B. In the same quarter a year ago, actual revenue was $10.01BBased on 9 analysts’ estimates, the company’s revenue will be $15.26B in the next fiscal year. The high estimate is $15.97B and the low estimate is $13.12B.
