Futu Holdings Ltd ADR [NASDAQ: FUTU] surged by $2689882.7 during the normal trading session on Wednesday and reaching a high of $127.11 during the day while it closed the day at $2690000.0.
Futu Holdings Ltd ADR stock has also gained 2.17% of its value over the past 7 days. However, FUTU stock has inclined by 15.13% in the 3 months of the year. Over the past six months meanwhile, it has gained 48.65% and gained 87.31% year-on date.
The market cap for FUTU stock reached $14.02 billion, with 112.76 million shares outstanding and 108.10 million shares in the current float. Compared to the average trading volume of 2.69M shares, FUTU reached a trading volume of 3977737 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Futu Holdings Ltd ADR [FUTU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FUTU shares is $145.02 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FUTU stock is a recommendation set at 1.19. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Futu Holdings Ltd ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 19, 2024. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $70 to $115. The new note on the price target was released on November 18, 2024, representing the official price target for Futu Holdings Ltd ADR stock. Previously, the target price had yet another raise from $62 to $92, while JP Morgan kept a Overweight rating on FUTU stock. On March 18, 2024, analysts increased their price target for FUTU shares from 50 to 65.
The Price to Book ratio for the last quarter was 5.02, with the Price to Cash per share for the same quarter was set at 10.45.
FUTU stock trade performance evaluation
Futu Holdings Ltd ADR [FUTU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.17. With this latest performance, FUTU shares gained by 11.25% in over the last four-week period, additionally plugging by 48.65% over the last 6 months – not to mention a rise of 55.43% in the past year of trading.
Futu Holdings Ltd ADR [FUTU]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Futu Holdings Ltd ADR [FUTU] shares currently have an operating margin of 63.02% and a Gross Margin at 93.94%. Futu Holdings Ltd ADR’s Net Margin is presently recorded at 41.75%.
Return on Equity for this stock inclined to 4.55%, with Return on Assets sitting at 4.55%.
Earnings per share (EPS) analysis for Futu Holdings Ltd ADR [FUTU] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FUTU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Futu Holdings Ltd ADR go to 22.41%.
Futu Holdings Ltd ADR [FUTU]: Institutional Ownership
There are presently around $43.22%, or 51.42% of FUTU stock, in the hands of institutional investors. The top three institutional holders of FUTU stocks are: ASPEX MANAGEMENT (HK) LTD with ownership of 4.44 million shares, which is approximately 3.1681%. MORGAN STANLEY, holding 3.7 million shares of the stock with an approximate value of $$242.86 million in FUTU stocks shares; and MORGAN STANLEY, currently with $$176.19 million in FUTU stock with ownership which is approximately 1.9142%.
