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NASDAQ:FRHC

Freedom (FRHC) Stock Price, News & Analysis

Freedom logo
$122.71 +5.71 (+4.88%)
(As of 11/20/2024 ET)

About Freedom Stock (NASDAQ:FRHC)

Key Stats

Today's Range
$116.97
$122.71
50-Day Range
$93.62
$122.71
52-Week Range
$64.00
$122.71
Volume
119,664 shs
Average Volume
73,462 shs
Market Capitalization
$7.44 billion
P/E Ratio
21.64
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Freedom Holding Corp., through its subsidiaries, provides securities brokerage, securities dealing, market making, investment research, investment counseling, and investment banking services. It offers retail brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; securities trading; underwriting services; margin lending services collateralized by securities and cash in the customer's account; various investment education and training courses; investment research services; and commercial banking services, including payment cards, digital mortgages, and digital business and digital auto loans, as well as Freedom Box, a package of payment acquiring services. The company also provides capital raising solutions for corporate clients through initial public offerings and follow-on offerings; and debt capital markets solutions that focuses on structuring and distributing private and public debt for various purposes, including buyouts, acquisitions, growth capital financings, and recapitalizations, as well as information processing services. In addition, it facilitates repurchase and reverse repurchase agreements in proprietary trading activities; and covers short positions and settle other securities obligations to accommodate customers' needs and finance its inventory positions. Further, the company offers proprietary trading and investment services, as well as insurance products; and Tradernet software platform for client margin risk evaluation and middle office security transfer requests. It operates in Central Asia, Eastern Europe, rest of Europe, the United States, Russia, the Middle East, and Caucasus. The company was formerly known as BMB Munai, Inc. and changed its name to Freedom Holding Corp. Freedom Holding Corp. was incorporated in 1981 and is headquartered in Almaty, Kazakhstan.

Freedom Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
50th Percentile Overall Score

FRHC MarketRank™: 

Freedom scored higher than 50% of companies evaluated by MarketBeat, and ranked 769th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Freedom.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Freedom is 21.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Freedom is 21.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.12.

  • Price to Book Value per Share Ratio

    Freedom has a P/B Ratio of 5.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Freedom's valuation and earnings.
  • Percentage of Shares Shorted

    2.64% of the float of Freedom has been sold short.
  • Short Interest Ratio / Days to Cover

    Freedom has a short interest ratio ("days to cover") of 5.8.
  • Change versus previous month

    Short interest in Freedom has recently decreased by 10.24%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Freedom does not currently pay a dividend.

  • Dividend Growth

    Freedom does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.64% of the float of Freedom has been sold short.
  • Short Interest Ratio / Days to Cover

    Freedom has a short interest ratio ("days to cover") of 5.8.
  • Change versus previous month

    Short interest in Freedom has recently decreased by 10.24%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Freedom has a news sentiment score of 1.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Freedom this week, compared to 1 article on an average week.
  • Search Interest

    6 people have searched for FRHC on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Freedom insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $876,347.00 in company stock.

  • Percentage Held by Insiders

    70.40% of the stock of Freedom is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 1.26% of the stock of Freedom is held by institutions.

  • Read more about Freedom's insider trading history.
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FRHC Stock Analysis - Frequently Asked Questions

Freedom's stock was trading at $80.60 at the start of the year. Since then, FRHC shares have increased by 52.2% and is now trading at $122.71.
View the best growth stocks for 2024 here
.

Freedom Holding Corp. (NASDAQ:FRHC) posted its quarterly earnings results on Sunday, November, 7th. The company reported $3.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $2.53. The business earned $312.82 million during the quarter, compared to analysts' expectations of $139.47 million. Freedom had a net margin of 17.79% and a trailing twelve-month return on equity of 29.48%.

Top institutional shareholders of Freedom include Geode Capital Management LLC (0.09%), State Street Corp (0.07%), UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (0.06%) and Verition Fund Management LLC (0.01%). Insiders that own company stock include Azamat Yerdessov, Renat Tukanov and Liudmila Kiriaku.
View institutional ownership trends
.

Shares of FRHC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Freedom investors own include NVIDIA (NVDA), Meta Platforms (META), ASML (ASML), Advanced Micro Devices (AMD), PayPal (PYPL), Applied Materials (AMAT) and Mastercard (MA).

Company Calendar

Last Earnings
11/07/2021
Today
11/21/2024
Next Earnings (Estimated)
2/14/2025
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
Trading
Current Symbol
NASDAQ:FRHC
Employees
6,197
Year Founded
N/A

Profitability

Net Income
$375.54 million
Pretax Margin
20.17%

Debt

Sales & Book Value

Annual Sales
$1.64 billion
Cash Flow
$8.38 per share
Book Value
$21.10 per share

Miscellaneous

Free Float
17,941,000
Market Cap
$7.44 billion
Optionable
Optionable
Beta
1.02
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This page (NASDAQ:FRHC) was last updated on 11/21/2024 by MarketBeat.com Staff
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