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The closing price of Futu Holdings Ltd ADR (NASDAQ: FUTU) was $93.51 for the day, up 1.31% from the previous closing price of $92.31. In other words, the price has increased by $1.31 from its previous closing price. On the day, 1.32 million shares were traded. FUTU stock price reached its highest trading level at $95.7 during the session, while it also had its lowest trading level at $92.61.
Ratios:
Our analysis of FUTU’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.00.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FUTU now has a Market Capitalization of 13019906048 and an Enterprise Value of 31322660864. As of this moment, Futu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.76, and their Forward P/E ratio for the next fiscal year is 11.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.05 while its Price-to-Book (P/B) ratio in mrq is 2.92. Its current Enterprise Value per Revenue stands at 2.616.
Stock Price History:
The Beta on a monthly basis for FUTU is 0.66, which has changed by 0.30280018 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. 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 -6.84%, while the 200-Day Moving Average is calculated to be 8.39%.
Shares Statistics:
FUTU traded an average of 3.22M shares per day over the past three months and 2425160 shares per day over the past ten days. A total of 112.76M shares are outstanding, with a floating share count of 108.00M. Insiders hold about 4.22% of the company’s shares, while institutions hold 29.68% stake in the company. Shares short for FUTU as of 1744675200 were 3422061 with a Short Ratio of 1.06, compared to 1741910400 on 3973327. Therefore, it implies a Short% of Shares Outstanding of 3422061 and a Short% of Float of 5.7700000000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $57.98 and $48.08 for the fiscal current year, implying an average EPS of $52.82. EPS for the following year is $59.99, with 6.0 analysts recommending between $64.55 and $51.85.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $4.56B to a low estimate of $4.56B. As of the current estimate, Futu Holdings Ltd ADR’s year-ago sales were $2.59BFor the next quarter, 1 analysts are estimating revenue of $4.2B. There is a high estimate of $4.2B for the next quarter, whereas the lowest estimate is $4.2B.
A total of 10 analysts have provided revenue estimates for FUTU’s current fiscal year. The highest revenue estimate was $20.11B, while the lowest revenue estimate was $15.92B, resulting in an average revenue estimate of $17.43B. In the same quarter a year ago, actual revenue was $13.59BBased on 9 analysts’ estimates, the company’s revenue will be $19.33B in the next fiscal year. The high estimate is $23.4B and the low estimate is $17.66B.
