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NASDAQ:FUTU

Futu (FUTU) Stock Price, News & Analysis

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$88.99 +2.29 (+2.64%)
(As of 11/20/2024 ET)

About Futu Stock (NASDAQ:FUTU)

Key Stats

Today's Range
$87.67
$91.00
50-Day Range
$56.96
$128.93
52-Week Range
$43.61
$130.50
Volume
2.43 million shs
Average Volume
2.36 million shs
Market Capitalization
$12.26 billion
P/E Ratio
22.99
Dividend Yield
N/A
Price Target
$85.07
Consensus Rating
Moderate Buy

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.

Futu Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
69th Percentile Overall Score

FUTU MarketRank™: 

Futu scored higher than 69% of companies evaluated by MarketBeat, and ranked 127th out of 331 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 3 research reports in the past 90 days.

  • Read more about Futu's stock forecast and price target.
  • Earnings Growth

    Earnings for Futu are expected to grow by 28.21% in the coming year, from $4.75 to $6.09 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Futu is 22.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Futu is 22.99, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 46.32.

  • Price to Earnings Growth Ratio

    Futu has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Futu has a P/B Ratio of 3.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.61% 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 1.1, 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 2.16%, indicating that investor sentiment is improving.
  • Dividend Yield

    Futu does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    3.61% 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 1.1, 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 2.16%, indicating that investor sentiment is improving.
  • News Sentiment

    Futu has a news sentiment score of 0.64. 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 0.53 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 30 news articles for Futu this week, compared to 7 articles on an average week.
  • Search Interest

    Only 28 people have searched for FUTU on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
  • MarketBeat Follows

    Only 12 people have added Futu to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • 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.

  • Read more about Futu's insider trading history.
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FUTU Stock News Headlines

Futu Holdings (FUTU) Gets a Buy from DBS
When it comes to NVDA… “acceleration cycles” are the key
Expert options trader Graham Lindman has been working on a new way to tap into Nvidia’s options… By simply isolating outsized “acceleration cycles” within Nvidia stock (most investors don’t even know it exists)... And thanks to many months and late nights working out the kinks of the systems… They have finally found a way to target these cycles on Nvidia over and over again.
Futu Holdings Sees Strong Q3 Growth and Announces Dividend
Futu Holdings board approves 25c special cash dividend
See More Headlines

FUTU Stock Analysis - Frequently Asked Questions

Futu's stock was trading at $54.63 at the start of the year. Since then, FUTU shares have increased by 62.9% and is now trading at $88.99.
View the best growth stocks for 2024 here
.

Futu Holdings Limited (NASDAQ:FUTU) announced its quarterly earnings results on Tuesday, May, 28th. The company reported $0.95 earnings per share (EPS) for the quarter. The business earned $331.27 million during the quarter. Futu had a trailing twelve-month return on equity of 16.77% and a net margin of 39.27%.

The following companies are subsidiaries of Futu: 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.

Futu's top institutional shareholders include Aspex Management HK Ltd (3.30%), State Street Corp (0.78%), Hhlr Advisors LTD. (0.76%) and Jane Street Group LLC.
View institutional ownership trends
.

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.

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
5/28/2024
Today
11/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
Trading
Current Symbol
NASDAQ:FUTU
Fax
N/A
Employees
3,213
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$85.07
High Stock Price Target
$115.00
Low Stock Price Target
$65.00
Potential Upside/Downside
-4.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$548.14 million
Pretax Margin
46.41%

Debt

Sales & Book Value

Annual Sales
$1.28 billion
Cash Flow
$4.03 per share
Book Value
$22.83 per share

Miscellaneous

Free Float
89,291,000
Market Cap
$12.26 billion
Optionable
Optionable
Beta
0.75
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This page (NASDAQ:FUTU) was last updated on 11/21/2024 by MarketBeat.com Staff
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