Futu (FUTU) Stock Price, News & Analysis

Company Overview

Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. It offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms. The company also provides financial information and online community services; online wealth management services under the Money Plus brand name through its Futubull and moomoo platforms, which provides its client access to mutual funds, private funds, bonds, structured products, and other wealth management products; market data and information services; and NiuNiu Community, which serves as an open forum for users and clients to share insights, ask questions, and exchange ideas. Futu Holdings Limited was founded in 2007 and is headquartered in Sheung Wan, Hong Kong.

Key Stats

• Today's Range: $98.30 to $103.60
• 50-Day Range: $56.96 to $128.93
• 52-Week Range: $43.61 to $130.50
• Volume: 2.81 million shs
• Average Volume: 2.29 million shs
• Market Capitalization: $13.65 billion
• P/E Ratio: 25.60
• Dividend Yield: N/A
• Price Target: $72.97
• Consensus Rating: Moderate Buy

Futu Stock Analysis - MarketRank™

Futu scored higher than 74% of companies evaluated by MarketBeat, and ranked 93rd out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Futu has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Futu has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 28.00%

Earnings Growth

Earnings for Futu are expected to grow by 28.00% in the coming year, from $4.75 to $6.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Futu is 25.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of Futu is 25.56, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 38.27.

Price to Earnings Growth Ratio

Futu has a PEG Ratio of 0.99. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Futu has a P/B Ratio of 4.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.69% of the outstanding shares of Futu have been sold short.

Short Interest Ratio / Days to Cover

Futu has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Futu has recently decreased by 5.04%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Futu does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.69% of the outstanding shares of Futu have been sold short.

Short Interest Ratio / Days to Cover

Futu has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Futu has recently decreased by 5.04%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.12

News Sentiment

Futu has a news sentiment score of 1.12. 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 0.45 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Futu this week, compared to 6 articles on an average week.

Search Interest

40 people have searched for FUTU on MarketBeat in the last 30 days. This is an increase of 122% compared to the previous 30 days.

MarketBeat Follows

15 people have added Futu to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Futu insiders have not sold or bought any company stock.

Percentage Held by Insiders

35.20% of the stock of Futu is held by insiders. A high percentage of insider ownership can be a sign of company health.

FUTU Stock Analysis - Frequently Asked Questions

How have FUTU shares performed this year?

Futu's stock was trading at $54.63 at the beginning of 2024. Since then, FUTU stock has increased by 81.1% and is now trading at $98.93.
View the best growth stocks for 2024 here.

How were Futu's earnings last quarter?

Futu Holdings Limited (NASDAQ:FUTU) released its quarterly earnings data on Tuesday, August, 20th. The company reported $1.11 earnings per share (EPS) for the quarter. The firm earned $400.73 million during the quarter. Futu had a trailing twelve-month return on equity of 16.77% and a net margin of 39.27%.

Does Futu have any subsidiaries?

Futu subsidiaries include these companies: Beijing Futu Network Technology Co, Futu Network Technology Limited, Futu Network Technology (Shenzhen) Co, Futu Securities (Hong Kong) Limited, Futu Securities International (Hong Kong) Limited, Shen Si Network Technology (Beijing) Co. Ltd, and Shenzhen Futu Network Technology Co.

Who are Futu's major shareholders?

Futu's top institutional investors include Veritas Asset Management LLP (0.30%), Yong Rong HK Asset Management Ltd (0.29%), AustralianSuper Pty Ltd (0.12%) and Sumitomo Mitsui Trust Group Inc. (0.09%).
View institutional ownership trends.

How do I buy shares of Futu?

Shares of FUTU 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.

What other stocks do shareholders of Futu own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Futu investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and TotalEnergies (TTE).

Company Calendar

• Last Earnings: 8/20/2024
• Today: 11/05/2024
• Next Earnings (Estimated): 11/28/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Security brokers & dealers
• Sub-Industry: Trading
• Current Symbol: NASDAQ:FUTU
• CUSIP: N/A
• CIK: 1754581
• Web: www.futuholdings.com
• Phone: (522) 523-3588
• Fax: N/A
• Employees: 3,213
• Year Founded: 2011

Price Target and Rating

• Average Stock Price Target: $72.97
• High Stock Price Target: $92.00
• Low Stock Price Target: $50.00
• Potential Upside/Downside: -26.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.87
• Trailing P/E Ratio: 25.59
• Forward P/E Ratio: 20.85
• P/E Growth: 0.99
• Net Income: $548.14 million
• Net Margins: 39.27%
• Pretax Margin: 46.41%
• Return on Equity: 16.77%
• Return on Assets: 4.00%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.26
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $1.28 billion
• Price / Sales: 10.65
• Cash Flow: $4.20 per share
• Price / Cash Flow: 23.57
• Book Value: $22.83 per share
• Price / Book: 4.34

Miscellaneous

• Outstanding Shares: 137,790,000
• Free Float: 89,291,000
• Market Cap: $13.65 billion
• Optionable: Optionable
• Beta: 0.75